Market News
Recent Developments
New product launches
- In August 2023, IRONSCALES, the premier cloud-based email security platform safeguarding over 10,000 organizations globally, unveiled its summer '23 Release. This update includes the beta introduction of generative artificial intelligence AI)-enhanced phishing simulation testing (PST). This latest addition to the company’s AI offerings aims to facilitate quick customization of cybersecurity training for employees, addressing the sharp increase in socially engineered cyber threats.
- In February 2023, IRONSCALES, a forerunner in cloud-based email security solutions, introduced IRONSCALES Connect, a novel community hub created for cybersecurity professionals.
- In March 2023, KnowBe4 is a prominent cybersecurity company specializing in security awareness training and simulated phishing platforms unveils a phishing security toolkit that is aimed at battling the most prevalent method of social engineering.
Acquisition and partnerships
- In February 2023, KnowBe4, Inc., the operator of the largest platform for security awareness training and simulated phishing worldwide, recently finalized its sale to Vista Equity Partners, an investment company with a focus on enterprise software, data, and technology-driven enterprises, at a purchase price of US$24.90 per share in an all-cash deal.
- In August 2022, IRONSCALES is a cybersecurity company that focuses on providing an AI-driven email security platform designed to detect, respond to, and mitigate phishing attacks declared collaboration with the distribution firm Distology that is aimed at delivering extensive email security solutions throughout the U.K. and EMEA regions.
- In November 2021, KnowBe4 finalized the acquisition of SecurityAdvisor, reinforcing its strategy for advancing the future of the cybersecurity human defense layer.