Vista Equity Partners and KnowBe4 have struck a deal to take the security awareness giant private for $4.6 billion in this week's second massive security acquisition. The agreement comes after the Austin, Texas-based investment firm upped its offer by $380 million, or nearly 4%, to $24.90 per share.
Vista Equity Partners has joined Thoma Bravo in the take-private cybersecurity spree, offering to buy security awareness training behemoth KnowBe4 at a $4.22 billion valuation. KnowBe4 says it has received a nonbinding offer from Vista of $24 per share for the shares not currently owned by Vista.
Evolving social engineering campaigns - including a significant rise in vishing attacks - continue to pose significant data security threats to healthcare and public sector entities, federal authorities warn, urging entities to take steps to avoid falling victim.
Cloud collaboration suites like Microsoft 365 are critical to business success, but have become significant entry points for potential exploitation. Just as your team relies on email and collaboration tools to accomplish their goals, so too do sophisticated threat actors. And while the built-in security of Microsoft...
A well-managed multi-cloud strategy "is a sensible approach" because it allows organizations to move different workloads between providers, but it gets a "bit more complicated when you start thinking about workload portability," says Lee Newcombe, security director, Capgemini U.K.
Huntress has made the largest acquisition in its eight-year history, buying Curricula to boost user education. Huntress evaluated seven companies with security training tools and chose Curricula for its ease of use, manageability for smaller customers and enjoyable online learning experience.
The latest edition of the ISMG Security Report analyzes why the number of ransomware attacks and the amounts being paid in ransoms are both on the rise. It also discusses today's cyberthreat landscape and whether organizations should rely on user training to improve security.
Raising user awareness is too often incorrectly considered to be a panacea for faulty information security programs. "It can drive risk reduction, but it is not the primary driver of risk reduction," says Adam Wedgbury, head of enterprise security architecture at Airbus.
Beyond advising the seniormost levels of the business in the strategic use of technology, the need to recruit new cybersecurity professionals often also tops the list of tasks facing today's security leaders, says Rob Hornbuckle, CISO of Allegiant Air.
Emerging cybersecurity guidance from the U.S. Securities and Exchange Commission is helping to make boards of directors more informed and more eager to discuss cyber risks and how to mitigate them, says John McClure, CISO of Sinclair Broadcast Group.
To keep pace with rapid industry changes, including the major vulnerabilities that crop up with alarming regularity, cybersecurity education needs to get more agile, say Hack The Box's Trevor Nelson and Emma Brothers. They discuss how cybersecurity education delivery must continue to evolve.
Many people enter the cybersecurity field with foundational skills, such as knowledge gleaned from college courses, and giving them "practical skills, to be ready go out on the job floor and be ready to do something - that takes a little bit of something extra," says ITProTV co-founder Don Pezet.
David Pollino, former CISO of PNC Bank, joins two editors at ISMG to discuss what organizations can do to harden their cybersecurity defenses, how we need to think about our adversaries differently in today's threat landscape and how the "Great Resignation" is affecting cybersecurity.
We look at cybersecurity largely focused on the immediate future. But educator Gary Henderson says we need to look a little further ahead. He makes the case for educating teachers about cybersecurity so they can educate their students, who can then go on to use those best practices in their careers.
Human error is the most common portal for cybersecurity breaches. So it stands to reason that human talent is the most valuable defense against attacks.
But how can organisations reduce risk by making humans the strongest link in the cyber defense line?
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