Investing in Security Awareness with KnowBe4 Stock

“Think of how stupid the average person is, and realize half of them are stupider than that,” said the American philosopher George Carlin. If your job involves cybersecurity, it’s not just the stupid ones you need to watch out for. Even the most intelligent individuals in your organization can fall prey to the cunning attacks levied by cybercriminals. Every organization’s greatest asset is also its greatest security risk – its people.

The term “security awareness” describes the attitude of an entire organization towards cybercrime. Attacks at the human layer are now responsible for a majority of events leading to breaches. And it’s only been getting worse lately. Since the onset of The Rona, VMware reports that 88% of businesses have seen an increase in social engineering attacks. If you’re selling a security awareness platform, now might be a good time to raise capital. That seems to be the thought process behind a recent initial public offering (IPO) from a security awareness firm aptly called KnowBe4. Thankfully, they did their long-term investors a favor by not going