It's a great honor for KnowBe4 to be named the Cyber Security Educator of the Year at the prestigious IT Europa Channel Awards 2024. This award recognizes our continued commitment and innovative approach to building a strong security culture and empowering organizations to manage the ongoing problem of social engineering. This achievement is a testament to the hard work and passion of our team in building the world's most comprehensive security awareness training and simulated phishing platform.

We are thrilled to announce the first release of powerful updates to Egress Prevent Analytics within the Egress Security Center, designed to provide deeper insights, richer data, and enhanced functionality for all our customers.

A high-severity security flaw in Progress Software's MOVEit Transfer platform is being exploited in the wild just hours after its disclosure. This vulnerability, identified as CVE-2024-5806, allows attackers to bypass authentication mechanisms and pose as any valid user, thereby gaining access to sensitive files.

Expanded support for multi business units, locations, and products. With multiple segments support across TrustCloud, you can develop and visualize your GRC requirements across business units, locations, and products. You can segment responsibilities and determine hierarchical impact through transparent parent-child relationships.

There's some possibly good news on the ransomware front. Companies are becoming more resilient to attacks, and the ransom payments extorted from businesses by hackers are on a downward trend. That's one of the findings of insurance broker Marsh, which conducted an analysis of the more than 1800 cyber claims it received during 2023 from its clients in the United States and Canada. According to Marsh, ransomware attacks were linked to less than 20% of all claims made to the firm during the last year.