May 22, 2019
KnowBe4 today confirmed its acquisition of CLTRe, a Norwegian company that specializes in helping organizations build, assess, maintain, and measure a stronger cybersecurity culture.
CLTRe (pronounced "culture"), was founded in 2015 and is headquartered in Oslo, Norway. Its Security Culture Framework and CLTRe Toolkit were developed to help businesses collect evidence about their security culture and how it changes over time. Its platform aims to help drive security culture and awareness training programs with assessments, external and internal benchmarking, and reports and insights to demonstrate how culture improves over time.
The deal shows that KnowBe4, a platform for awareness training and simulated phishing, is taking a closer look at culture. A "Cybersecurity Culture Report" from ISACA and CMMI Institute found 95% of security respondents see a gap between current and desired security culture. With most malware delivered via email, it sees an opportunity to work with employees and lessen risk.
CLTRe will continue to operate as an independent subsidiary under KnowBe4 and service customers around the world. Its CLTRe Toolkit and Security Culture Framework will be made available to KnowBe4 customers later this year, and CLTRe clients will have access to KnowBe4's platform for cybersecurity awareness training and simulated phishing.
Terms of the deal were not disclosed. CLTRe has generated a total of €50,000K in funding.
Read more details here.
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