Tampa Bay, FL, May 21, 2018 (GLOBE NEWSWIRE) -- The Cybersecurity 500 list of the world’s hottest security companies was officially released May 15, 2018 announcing KnowBe4’s placement at number two. Global spending on security awareness training for employees is predicted to reach $10 billion by 2027, putting KnowBe4 in the spotlight.

Cybersecurity Ventures, who publishes this list quarterly noted, "The Cybersecurity 500 creates awareness and recognition for the most innovative cybersecurity companies – ranging from the largest and most recognizable brands, to VC backed startups and emerging players, to small firms with potentially game-changing technologies, to solution providers poised for growth around productized or vertically focused services."

“The Cybersecurity 500 raises awareness of the companies that are doing extraordinary things in the cybersecurity space,” said Stu Sjouwerman, CEO, KnowBe4. “We’re excited to move up to the number two spot from number six on last year’s list. This recognition confirms that we’re in a period of hypergrowth because security awareness training is becoming a vital component of a holistic security program.”

The Cybersecurity 500 creates awareness and recognition for the most innovative cybersecurity companies – ranging from the largest and most recognizable brands, to VC backed startups and emerging players, to small firms with potentially game-changing technologies, to solution providers poised for growth around productized or vertically focused services.

For more information on KnowBe4, visit www.knowbe4.com.

About KnowBe4 KnowBe4, the provider of the world’s largest integrated new-school security awareness training and simulated phishing platform, is used by more than 18,000 organizations worldwide. Founded by data and IT security expert Stu Sjouwerman, KnowBe4 helps organizations address the human element of security by raising awareness of ransomware, CEO fraud and other social engineering tactics through a new-school approach to security awareness training. Kevin Mitnick, internationally recognized computer security expert and KnowBe4’s Chief Hacking Officer, helped design KnowBe4’s training based on his well-documented social engineering tactics. Thousands of organizations trust KnowBe4 to mobilize their end-users as the last line of corporate IT defense.