PITTSBURGH, May 16, 2017 /PRNewswire/ -- Wombat Security Technologies (Wombat), the leading provider of cyber security awareness and training, today announces its CEO Joe Ferrara has been named "Entrepreneur of the Year" by Carnegie Science Center. Joe receives this coveted award for leading Wombat's mission to reduce security risk among organizations of all sizes through comprehensive security awareness training and assessment programs. The formal awards celebration was held Friday night at Carnegie Music Hall in Oakland, Pa.
"Under Joe's leadership, Wombat has quickly become an industry leader in security awareness and training products, while also becoming a shining example of Pittsburgh's strength in entrepreneurship, technological innovation and research excellence," said president & CEO of one of the nation's most active early-stage investors, Innovation Works, Richard Lunak, who nominated Ferrara for Entrepreneur of the Year. "Congratulations goes to Joe and the entire Wombat team for achieving such impressive growth and receiving this well-deserved recognition."
Earlier this year, Wombat reported 100 percent growth compared to the previous year, exceeding its order, revenue and customer targets in 2016. The company's growth has continued to accelerate in the first few months of 2017 due to rapid new customer adoption of its proven product platform. Wombat will host customers and security awareness professionals later this year in Pittsburgh at their 3rd annual Wombat Wisdom Conference September 13-14, 2017.
"The Carnegie Science Awards spotlight some of the most innovative minds today, such as Joe and the Wombat team," said Ron Baillie, The Henry Buhl, Jr., co-director of Carnegie Science Center. "These individuals are making a global impact starting with our own region. We know they are already inspiring a new generation of leaders. One of our central missions is to promote education in science, technology, engineering, and math – or STEM. The Carnegie Science Awards winners exemplify the highest levels of success in STEM fields and in STEM education. We are proud to recognize these outstanding awardees and look forward to their continued contributions."
Carnegie Science Center established the Carnegie Science Awards program in 1997 to recognize and promote outstanding science and technology achievements in western Pennsylvania. Celebrating more than two decades, the Carnegie Science Awards have honored the accomplishments of more than 500 individuals and organizations that have improved lives through their commitment and contributions in science and technology.
"It's an honor for the entire Wombat team to receive this award by such a highly respected organization as the Carnegie Science Center whose central mission is to promote entrepreneurial innovation and education in STEM," said Ferrara. We are proud to call Pittsburgh home and are dedicated to helping grow the region's technology influence on a national scale," "
About Wombat Security Technologies
Wombat Security Technologies provides information security awareness and training software to help organizations teach their employees secure behavior. Their SaaS-based cyber security education solution includes a platform of integrated broad assessments, as well as a library of simulated attacks and brief interactive training modules. Wombat's solutions help organizations reduce successful phishing attacks and malware infections up to 90%. Wombat, recognized by Gartner as a leader in the Magic Quadrant for Security Awareness Computer-Based Training Vendors, is helping Fortune 1000 and Global 2000 customer in industry segments such as finance and banking, energy, technology, higher education, retail and consumer packaged goods to strengthen their cyber security defenses.
About Carnegie Science Center
Carnegie Science Center is dedicated to inspiring learning and curiosity by connecting science and technology with everyday life. By making science both relevant and fun, the Science Center's goal is to increase science literacy in the region and motivate young people to seek careers in science and technology. One of the four Carnegie Museums of Pittsburgh, the Science Center is Pittsburgh's premier science exploration destination, reaching more than 700,000 people annually through its hands-on exhibits, camps, classes, and off-site education programs.
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SOURCE Wombat Security Technologies