KnowBe4 to acquire Egress

KnowBe4, a provider of one of the world’s largest security awareness training and simulated phishing platforms, has announced it has entered into a definitive agreement to acquire Egress, a leader in adaptive and integrated cloud email security.

Egress’ Intelligent Email Security suite provides a set of scaled, AI-enabled security tools with adaptive learning capabilities to help prevent, protect and defend organisations against sophisticated email cybersecurity threats.

Further terms of the transaction were not disclosed.

Organisations globally struggle to contain behavioural-based data breaches, with 74% of incidents involving the human element according to Verizon’s Data Breach Investigations Report. By acquiring Egress, KnowBe4 plans to deliver a single platform that aggregates threat intelligence dynamically, offering AI-based email security and training that is automatically tailored relative to risk. 

“The future of security is personalised AI-driven controls and real-time coaching. By providing a single platform from KnowBe4 and Egress, our customers will benefit from differentiated aggregate threat detection to stay ahead of evolving cyberthreats and foster a strong security culture,” said Stu Sjouwerman, CEO, KnowBe4. “As integration partners for over a year with strong philosophical and cultural alignment, this acquisition is a natural progression for both companies to take human risk management and cloud email security to the next level.”

Tony Pepper, CEO, Egress, added: “KnowBe4 and Egress have a shared vision of delivering tailored and relevant security to each employee. One of the biggest challenges organisations face is accurately identifying who the next source of compromise is – and why. By combining intelligence and analytics from integrated applications, companies can gain valuable insights across their entire cyber ecosystem, allowing them to focus on the risks that matter most.”