Profitability Persists for InfoSec Institute
MADISON, Wis.--(BUSINESS WIRE)--Feb 5, 2019--InfoSec Institute, the leading provider of IT security education and workforce security awareness training, today reports a 24 percent revenue increase over last year, leading to the 18th consecutive year of profitability. Today’s announcement highlights significant revenue growth, product development achievements and staff expansion in 2018.
“Our continued success is based on relentless client focus and culture of responsiveness,” said Jack Koziol, CEO of InfoSec Institute. “Nobody in the business can match our team’s passion for providing the best cybersecurity education platforms. I’m stoked to see what 2019 will bring.”
SecurityIQ — three million cyber-resilient learners
SecurityIQ experienced record growth, achieving a 115 percent year-over-year increase in clients and 38 percent revenue growth. More than three million learners using the platform are now more cyber resilient, helping to keep private information secure. SecurityIQ has the most comprehensive education program to help organizations and their employees stay ahead of cybercrime — with more than 900 learning modules and 1000 phishing templates designed for easy program customization. 2018 SecurityIQ achievements include:Hundreds of new education assets — expanded Security Awareness Content Library keeps employees cyber-sharp with new training resources for privacy and data protection, BEC, GDPR, HIPAA compliance, security champions and much more for professionals in IT, healthcare and K-12 education, among others SAI Global partnership — new strategic alliance links the SecurityIQ training platform with SAI Global’s SAI360 software enabling a modern approach to detect and reduce digital risk InfoSec Institute Partner Program — new program for managed services providers (MSPs), value-added resellers (VARs) and OEMs diversifies partners’ security portfolios along with dedicated channel sales support, marketing resources and training
IT and Security Pros Choose Training When It’s Convenient for Them
In 2018, more than 10,000 IT and security professionals enrolled in InfoSec Institute’s flagship Flex training and certification courses — a 33 percent increase over the previous year. June saw the release of InfoSec Flex Pro, the Institute’s next generation of award-winning online training. Flex Pro courses are designed for today’s busy professionals with courseware personalized to how, when and where they learn best.
Staffing Doubles to Meet Growth
To accommodate its accelerated growth, InfoSec Institute added staff across all departments — doubling headcount to 150 employees. In addition to company headquarters in Madison, a second Madison sales office and new offices in Chicago were added in 2018.
InfoSec Institute Scores Industry Recognitions
In addition to recently being named a Gartner Peer Insights Customer’s Choice for Security Awareness Computer-Based Training in January 2019, the company earned top industry recognitions in 2018:Named a Challenger in Gartner’s Magic Quadrant for Security Awareness Computer-based Training Named to Trainingindustry.com’s Top 20 IT Training Companies for the eighth consecutive time Recognized as the Security Training & Education Program Gold Winner in Info Security Products Guide’s 2018 Global Excellence Awards
About InfoSec Institute
InfoSec Institute fortifies organizations of all sizes against security threats with award-winning information security education. Recognizing cybersecurity is everyone’s job, the company provides skills development and certification training for IT and security professionals while building the entire workforce’s security aptitude through awareness training and phishing simulations. Recognized as a Gartner Peer Insights Customers’ Choice for Security Awareness Computer-Based Training, InfoSec Institute is also a Training Industry “Top 20 IT Training Company” and the Security Training & Education Program Gold Winner in Info Security Products Guide’s Global Excellence Awards.
About Peer Insights:
Peer Insights is an online platform of ratings and reviews of IT software and services that are written and read by IT professionals and technology decision-makers. The goal is to help IT leaders make more insightful purchase decisions and help technology providers improve their products by receiving objective, unbiased feedback from their customers. Gartner Peer Insights includes more than 70,000 verified reviews in more than 200 markets. For more information, please visit www.gartner.com/reviews/home.
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SOURCE: InfoSec Institute
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PUB: 02/05/2019 11:00 AM/DISC: 02/05/2019 11:01 AM