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New Research Reveals Cyberheists Among Top 4 Business Crimes; KnowBe4 Case Study Shows Financial Institutions Remain at Risk

New Research Reveals Cyberheists Among Top 4 Business Crimes; KnowBe4 Case Study Shows Financial Institutions Remain at Risk

Financial and Healthcare Insurance Industries Undertake Efforts to Combat Cybercrime and Phishing Attacks With KnowBe4 Internet Security Awareness Training

KnowBe4 Eliminates Compliance Anxiety for Overworked IT Managers

Newly Released Cloud-based Audit and Compliance Workflow Automation Tool Simplifies and Consolidates IT Compliance

(Tampa Bay, FL) Jan 7, 2014--KnowBe4 announced the release of their new Compliance Manager, its latest cloud-based offering for ITmanagers who have to deal with the increasing complexity of managing extensive or multiple compliance requirements. KCM (KnowBe4 Compliance Manager) TM enables IT managers to keep track of requirements, assign controls and tasks to get and stay compliant thereby reducing risks and the millions of dollars in costs associated with non-compliance or security breaches. Designed as a more affordable, Software-as-a-Service application, KCM consolidates multiple regulatory requirements and eliminates duplicate efforts preventing overlap and eliminating gaps.

“Getting ready for an audit for PCI, HIPAA, and GLBA can be very time consuming, and most IT managers
dread the experience”, said Stu Sjouwerman (pronounced shower-man), Founder and CEO of KnowBe4. “It is expected that added pressure for security in 2014 will greatly impact the IT manager. Whether it is putting out fires caused by careless end-users or satisfying external auditors that all controls are in place, our KnowBe4 Compliance Manager will make it easier and save considerable time and costs of audits. KCM eliminates the pains of having to use multiple spreadsheets and spend duplicate efforts in the collection and compilation of compliance evidence with a centralized interface”.

According to the PCI Security Standards Council, lack of education and awareness around payment security and poor implementation and maintenance of the PCI Standards leads to many of the security breaches happening today. New changes in Dec 2013 (V3 standards) will provide increased stringency to validate that controls have been implemented properly, with more rigorous and specific testing procedures required. KCM simplifies this by implementing automated audit trails so actions taken to meet requirements as well as storage of compliance evidence documentation can easily be presented to external auditors. KCM comes with ready made compliance templates (e.g. PCI and HIPAA) and also allows the IT manager to create their own requirements within the application giving them the ability to track compliance with additional security policies and standards or regulations such as OSHA or FISMA.

According to a study done by KnowBe4, a security awareness training and compliance firm, and research firm ITIC, 80 percent of companies say that "end user carelessness" is the biggest security threat to their systems and networks. Along with automated compliance management, KnowBe4 recommends firms should conduct regular risk assessment reviews as part of their security plan, adopt the 'defense-in-depth' strategy and create a strong first layer security policy, including training of employees. KnowBe4 offers Kevin Mitnik Security Awareness Training as a new school security awareness training approach, teaching end users an effective way to understand what to look for and how to handle threats.

To learn more about KnowBe4’s Compliance Manager or access additional cybercrime prevention resources, visit http://www.knowbe4.com.

About Stu Sjouwerman and KnowBe4

Stu Sjouwerman is the founder and CEO of KnowBe4, LLC, which provides web-based Security Awareness
Training to small and medium-sized enterprises. A data security expert with more than 30 years in the IT 
industry, Sjouwerman was the co-founder of Inc. 500 company Sunbelt Software, an award-winning anti-
malware software company that he and his partner sold to GFI Software in 2010. Realizing that the human
element of security was being seriously neglected, Sjouwerman decided to help entrepreneurs tackle cybercrime tactics through advanced security awareness training. KnowBe4 services hundreds of customers in a variety of industries, including highly-regulated fields such as healthcare, finance and insurance and is experiencing explosive growth with a surge of 427% in 2013 alone. Sjouwerman is the author of four books, with his latest being Cyberheist: The Biggest Financial Threat Facing American Businesses Since the Meltdown of 2008.

KnowBe4 Ends 2011 With a Roar: Winner Announced in Motorcycle Giveaway for Phishing Security Test Registrants

KnowBe4 Ends 2011 With a Roar: Winner Announced in Motorcycle Giveaway for Phishing Security Test Registrants

KnowBe4 Draws Winner From More Than 3,300 Phishing Security Test Registrants; Harley-Davidson Fat Boy® Lo Motorcycle Awarded to Kevin Batsch

KnowBe4 Warns Businesses of New Internet Security Threat: Cybercriminals Using Social Media for Phishing Attacks

KnowBe4 Warns Businesses of New Internet Security Threat: Cybercriminals Using Social Media for Phishing Attacks

IT Security Expert Stu Sjouwerman Cautions Business Owners to Beware of Cyber Attacks as Phony Twitter and Facebook Posts Lure Employees to Click Phishing Links

KnowBe4 Alerts Businesses to Latest Cybercrime Trends: Spear-Phishing Lawsuit Threats and “Whaling”

KnowBe4 Alerts Businesses to Latest Cybercrime Trends: Spear-Phishing Lawsuit Threats and “Whaling”

IT Security Expert Stu Sjouwerman Warns That Cybercriminals Are Using Publicly Available Email Addresses to Target Employees and Executives’ Spouses

CLEARWATER, Fla., November 7, 2011 As cybercriminals continue to expand their arsenal of phishing tactics, Internet Security Awareness Training (ISAT) firm KnowBe4 remains committed to educating small and medium enterprises (SMEs) about emerging threats. IT security expert Stu Sjouwerman, founder and CEO of KnowBe4, is warning clients and the public of two new scams that have making the rounds – spear-phishing lawsuit threats and “whaling.”

“One of cybercriminals’ favorite tricks is to create emails that purport to be sent by a government agency, bank or other well-known entity, accusing the recipient of some illicit activity and threatening legal action,” explained Sjouwerman (pronounced “shower-man”). “Some of the more cunning crooks use spear-phishing. For example, they might target employees of a specific organization by sending emails that appear to be sent by a legitimate customer, partner or vendor. The urgency of the message and a desire to preserve the business relationship may lead the recipient to click without thinking.”

KnowBe4 Warns That Businesses May Have Difficulty Recouping Cyberheist Losses as Banks Blame Cybercrime Victims

KnowBe4 Warns That Businesses May Have Difficulty Recouping Cyberheist Losses as Banks Blame Cybercrime Victims

Cybercrime Expert Stu Sjouwerman Advises Small and Medium Enterprises to Implement in Internet Security Training to Avoid Phishing-Related Cyberheists

CLEARWATER, Fla., September 12, 2011 IT security expert Stu Sjouwerman, founder and CEO of the Internet Security Awareness Training (ISAT) firm KnowBe4, warns that small and medium enterprises (SMEs) are likely to find themselves on the hook for phishing-related cyberheist losses when financial institutions deny responsibility for the incursions. Sjouwerman (pronounced “shower-man”) cited a recent Bloomberg news article that reported cybercriminals are looting as much as $1 billion per year from small and mid-sized bank accounts, while banks are blaming the victims for allowing unauthorized access.(1)

Amid Rising Cost of Cyber Attacks, KnowBe4 Urges Businesses to Protect Networks From New Generation of Cybercriminals

 

Amid Rising Cost of Cyber Attacks, KnowBe4 Urges Businesses to Protect Networks From New Generation of Cybercriminals

 

Cybercrime Expert Stu Sjouwerman Advises Small and Medium Enterprises to Focus on Education and Internet Security to Combat Threats From Today’s Cybercriminals

KnowBe4 Warns of New Cybercrime Tactic: Spear-Phishing Using Google Alerts

KnowBe4 Warns of New Cybercrime Tactic: Spear-Phishing Using Google Alerts

IT Security Expert Stu Sjouwerman Explains How Cybercriminals Use Spear-Phishing to Create Phony Articles and Lure Victims to Malicious Websites

CLEARWATER, Fla., September 12, 2011 Cybercriminals have added a new weapon to their arsenal: spear-phishing using Google Alerts. Internet Security Awareness Training (ISAT) firm KnowBe4 is warning small and medium enterprises (SMEs) to proceed with caution before clicking any links in alert results, as cyber thieves are now creating bogus articles to lure their victims to infected websites.

KnowBe4 Comments on New Survey Findings: 77% of Companies Don’t Follow Best Practices for IT Security Training

KnowBe4 Comments on New Survey Findings: 77% of Companies Don’t Follow Best Practices for IT Security Training

IT Security Expert and KnowBe4 Founder Stu Sjouwerman Explains How Internet Security Awareness Training (ISAT) Can Overcome Weak Link of Human Error

KnowBe4 Cybercrime Case Study Reveals True Cost of Network Breach

KnowBe4 Cybercrime Case Study Reveals True Cost of Network Breach

Internet Security Awareness Training (ISAT) Firm KnowBe4 Examines Actual Cost of Security Breach and Compromised Servers in Cybercrime Case Study

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