PITTSBURGH, Nov. 4, 2016 /PRNewswire/ -- Wombat Security Technologies (Wombat), the leading provider of cyber security awareness and training, today announced it has been positioned by Gartner, Inc. in the Leaders quadrant of the 2016 Magic Quadrant for Security Awareness Computer-Based Training for the third year in a row. 1 A complimentary copy of the research report is available here.
Wombat was evaluated as one of 19 vendors and was positioned in the Leaders quadrant for its for its ability to execute and completeness of vision – the latter of which Wombat was positioned the furthest. The overall evaluation criteria include product or service, overall viability, sales execution/pricing, market responsiveness/record, marketing execution, customer experience, and operations.
As products within this market mature, there are a variety of ways in which each vendor seeks to differentiate. Whereas from 2011 through 2014, many vendors sought to distinguish themselves by adding anti-phishing behavior management capabilities to their product set, this has now become less of a differentiator, because the vast majority of vendors have now incorporated that functionality or have very well-established partnerships with anti-phishing behavior management vendors.
Each of the following areas received increased focus and weighting in this year's Magic Quadrant evaluation scoring. Vendor differentiators in 2015 and 2016 include: learning management systems, gamification, multilanguage support, large supplemental content libraries, variety of content formats, lengths and styles, integration partnerships and possibilities, and competitive pricing.
"Wombat is deeply committed to the expansion and enhancement of our product portfolio to provide our customers with the most comprehensive security training program to improve their security posture. We believe Gartner's position matches the rapid adoption of our products in the market and the superior results of our customers, which has resulted in our 100%+ compounded annual growth rate for five years running," said Joe Ferrara, President and CEO of Wombat Security Technologies.
According to Amy Baker, Vice President of Marketing, Wombat Security Technologies, "As cyber criminals have moved their attack strategies towards end users, it has become more important than ever for companies to make their employees one of the strongest links in their security chain. Wombat's solutions are highly effective through our utilization of Learning Science Principles – which engage the learner, change behavior and ultimately protect organizations from cyber attacks, such as phishing, that can lead to significant financial losses and business disruption"
Using Wombat's Continuous Training Methodology, customers have seen up to a 90% reduction in successful external phishing attacks and malware infections, lowered helpdesk calls and increased employee reporting of incidents.
Wombat continues to make enhancements to their Security Education Platform including the addition of mobile-responsive modules and Dynamic Reporting capabilities. The mobile-responsive modules provide users with the flexibility to train anytime, anywhere and on any type of connected device. Additionally, these modules conform to the U.S. Section 508 standard and the international Web Content Accessibility Guidelines (WCAG) 2.0 AA standard, ensuring end users with disabilities have access to complete training requirements. The 508 and WCAG compliance enhances the features Wombat already offered multinational companies, including content offered in more than 25 languages.
To assist companies in measuring the effectiveness of their security awareness programs, the Dynamic Reporting capabilities allow security administrators the enhanced ability to discover and visualize trends and patterns in their data. Through a new Leaderboard report, Wombat offers organizations a detailed view into user performance and the ability to deploy gamification of security education programs to further motivate employee engagement in training initiatives.
Recent awards and recognition for Wombat include winning two Info Security Products Guide Awards and being selected as a 2016 Red Herring Top 100 North America winner.
1Source: Gartner, Magic Quadrant for Security Awareness Computer-Based Training, Perry Carpenter, Joanna G. Huisman, 25 October 2016.
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
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 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.
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SOURCE Wombat Security Technologies