Acquisition Announcement: KnowBe4 to Acquire Egress
KnowBe4, a global leader in security awareness training and simulated phishing platforms, has announced its acquisition of Egress, a renowned provider of adaptive and integrated cloud email security solutions. The move signifies a strategic step towards enhancing cybersecurity defenses for organizations worldwide.
Egress’ Intelligent Email Security suite offers advanced AI-powered tools with adaptive learning capabilities to combat sophisticated email threats effectively. With 74% of data breaches involving human error according to Verizon’s Data Breach Investigations Report, the importance of robust email security solutions cannot be understated.
Through this acquisition, KnowBe4 aims to consolidate threat intelligence dynamically and provide AI-driven email security and training tailored to each organization’s specific risk profile. The integration of KnowBe4 and Egress platforms will deliver personalized controls and real-time coaching to stay ahead of evolving cyber threats.
Stu Sjouwerman, CEO of KnowBe4, emphasized the significance of personalized AI-driven controls and real-time coaching in the future of cybersecurity. The shared vision of both companies to deliver tailored security solutions to individuals aligns perfectly with the acquisition.
Tony Pepper, CEO of Egress, highlighted the synergies between the two companies in focusing on identifying and mitigating risks effectively. By combining intelligence and analytics from integrated applications, organizations can gain valuable insights across their cyber ecosystem to prioritize the most critical threats.
The acquisition of Egress by KnowBe4 represents a significant step towards bolstering email security defenses and fostering a strong security culture across organizations globally. With a shared commitment to addressing human risk management and cloud email security challenges, the partnership aims to take cybersecurity to the next level.
