UK-based cybersecurity firm Egress to be acquired by US giant KnowBe4

24 April 2024, 12:04

A woman's hands on a laptop keyboard
Cyber attacks. Picture: PA

US-based security awareness training firm KnowBe4 has agreed a deal to buy the London-based organisation.

UK-based email security firm Egress has been acquired by US cybersecurity giant KnowBe4, it has been announced.

The terms of the transaction have not been disclosed, but KnowBe4 said the addition of Egress’s email security tools to its own suite of products will create an advanced artificial intelligence-powered cybersecurity platform.

London-based Egress is known for its AI-powered email security tools, which are able to learn and monitor sophisticated email cybersecurity threats, and protect organisations and their staff from email-based attempts to breach their systems.

KnowBe4 is best known for its security awareness training, which includes its AI-powered platform to simulate phishing attempts and test staff members’ ability to spot suspicious emails, with the aim of improving education and changing user behaviour.

KnowBe4 chief executive Stu Sjouwerman said combining these programmes into one platform will help businesses better prepare themselves and their employees to face ever-changing cybersecurity threats.

“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 cyber threats and foster a strong security culture,” he said.

“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.”

Egress chief executive Tony Pepper said: “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.”

The two companies said the deal is expected to close in the coming months, subject to customary closing conditions and regulatory approvals.

By Press Association

More Technology News

See more More Technology News

Cyber attack at major London hospitals

Hundreds of operations and appointments cancelled in week after NHS cyber attack

Labour said it would also ban the creation of sexually explicit deepfakes (PA)

Labour commits to introducing AI regulation for tech giants

Daniel Bedingfield

Pop star Daniel Bedingfield praises AI for capturing ‘soul’ of his music

Elon Musk, CEO of Tesla and SpaceX (PA)

Elon Musk says Tesla shareholders will vote to approve pay deal

Person wearing an Apple watch on their left wrist

Smart watches could help track Parkinson’s disease progression – study

A person's forefinger poised on the keyboard of a laptop computer

Gaming giant Steam facing £656m legal claim for ‘overcharging’ UK gamers

A group of schoolchildren standing around

Most children cannot name MP and fifth get political news from TikTok – survey

A person using a keyboard to sign into the X website on a laptop

Elon Musk confirms X will start hiding likes on posts

A technician working at Currys' Repair Centre in Newark, Nottinghamshire

Currys working to improve consumer trust in refurbished and repaired tech

Raspberry Pi 4 micro computer launch

Raspberry Pi shares jump 40% after London IPO

Apple WWDC event

Apple unveils generative AI assistant for iPhone, iPad and Mac at conference

ChatGPT on a MacBook

Apple keen on more deals with AI chatbots after link-up with ChatGPT

Elon Musk during an ‘in-conversation’ event

Elon Musk says he could ban Apple devices at his companies over OpenAI deal

Apple Intelligence writing tools

Apple Intelligence is ‘promising first step’ for firm’s AI tools, experts say


Genetics testing company 23andMe facing investigation over data breach

Apple Intelligence

Apple Intelligence: Tech giant unveils its new flagship generative AI tools