ENTERPRISE SECURITY

Cengage Group Announced its Agreement to Acquire Infosec

Cengage Group | February 01, 2022

Infosec
Cengage Group, a global education technology firm with millions of students, has agreed to pay $190.8 million for Infosec, a significant cybersecurity education provider. Cengage Group will expand into the cybersecurity professional training market due to this acquisition, and its fast-developing Workforce Skills business will grow significantly. Subject to usual closing conditions and regulatory clearances, the acquisition is scheduled to close in the first calendar quarter of 2022.

"The cybersecurity industry is at a critical inflection point where the skilled labor shortage could have far-reaching and lasting effects on business and personal safety. At the same time, it provides an opportunity for un- or under-employed workers who can upskill or reskill for career advancement. With our scale and resources, more cybersecurity professionals will have access to an affordable and faster option to develop the skills they need," said Michael E. Hansen, CEO of Cengage Group. "The online, employer-paid cybersecurity training segment is currently a $1 billion market, with expectations that it will grow to $10 billion annually by 2027. Combining Infosec with our already-successful Workforce Skills business will provide top-line growth, expand our base of recurring revenue and accelerate our opportunity within the space."

Cengage Group's ed2go company will absorb Infosec as part of its Workforce Skills division, and Cengage will retain and invest in Infosec people and products to support future growth. Since its inception in 2004, Infosec has taught over 100,000 cybersecurity experts and provided training to over 5 million learners to enhance their cybersecurity knowledge and safety at home and work.

Cengage Group offers post-secondary and online continuing education courses through partnerships with hundreds of community colleges and universities, allowing students to upskill and reskill. According to Cengage Group's study on the "Great Resignation," 78 percent of people who had resigned from a job pursued online training courses or certificate programs. It stated they were critical to getting a new job. The ed2go business of Cengage Group helps job searchers and those who are currently employed by providing market-leading learning experiences that educate people for employment in high-demand fields like IT.

"Infosec was built by talented employees who truly believe that knowledge is power and care deeply about creating training materials that help cybersecurity professionals advance in their careers and keep employers and staff aware of cybersecurity threats at home and at work. Cengage Group has the same level of passion for making learning accessible, affordable and applicable to today's cybersecurity professionals,Building on ed2go's history in online training, Infosec will benefit from Cengage Group's scale and expertise, which means we can reach more cybersecurity professionals and employers that are looking to not only grow their careers but to keep businesses, governments, and people safe from cyber threats."

Jack Koziol, CEO and Founder of Infosec

The frequency of cyber-attacks rose dramatically as the world switched to remote and hybrid working environments. As a result, the demand for competent and educated cybersecurity professionals has increased, prompting the Bureau of Labor Statistics to rank information security analysts as the tenth fastest expanding occupation in the United States over the next decade, with a 31 percent increase in employment.

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ENTERPRISE SECURITY, PLATFORM SECURITY, SOFTWARE SECURITY

Cyber Security & Cloud North America – New Line-Up Speakers Announced

TechEx Events Ltd | April 17, 2023

The Cyber Security & Cloud Congress North America (17-18th May) has announced exciting new additions to its line-up of speakers and panellists for the upcoming two-day event in Santa Clara. The event will take place on May 17th and 18th, 2023, and will feature a diverse range of tech industry experts, including CIOs, CTOs, Cyber Security, Cloud Architects, and other key players in the field. Attendees will have a great opportunity to hear from the most talented speakers including: Prasanna P., Digital Transformation Leader – Enterprise Architecture & Enterprise Strategy Leader – Molina Healthcare Shea Lovan, Chief Security Officer – UC Santa Barbara Sachin Vaidya, EVP Chief Information Officer of Heritage – Bank of Commerce Kishore Viswanathan, Senior Technical Program Manager, Cybersecurity and Compliance – Lucid Motors Sameh Emam, Division Risk Manager – Union Bank Kavitha Venkataswamy, Director – Digital Product Security – Capital One Richard Paz, CISM, Cyber Security Engineer – NASA Jet Propulsion Laboratory & many more! In addition to these keynote speakers, the event will also feature several panel discussions covering a wide range of topics, including Zero Trust, Threat Detection & Response, Training, Talent & Culture, Identity & Access Management, Application Security, Data Security and more. Attendees will have the opportunity to network with other industry professionals and gain valuable insights into the latest trends and technologies shaping the cybersecurity and cloud technology landscape. The Cyber & Cloud Congress North America promises to be a knowledge-packed, innovative, and engaging event for all those interested in Cyber Security and Cloud technology, but also the newest technology solutions, products and services that will be showcased during the event. “We are thrilled to have such an outstanding group of speakers joining us for the Cyber & Cloud Expo,” said Lia Richards, Head of Conference. “With their diverse backgrounds and extensive experience, they will bring a wealth of knowledge and insights to our attendees. We look forward to hearing their perspectives on the most pressing issues facing the industry today”. WHAT ELSE TO EXPECT? Over the course of two days at Cyber Security & Cloud Congress North America attendees will have a great number of opportunities to visit exhibition stalls and connect with the representatives of some of the world’s biggest brands including IBM, IDC, Bosh, AWS, Zoho and many more, all implementing the latest in Cyber Security & Cloud technologies within their sectors. Paying attendees will also have a chance to join the networking party event following Day 1 of the conference, where all will be able to connect and network in a more relaxed setting, with free food and drinks provided. This opportunity is open for Gold and Ultimate Pass Holders, Speakers, Press, Sponsors, and Exhibitors. Find out more information here: https://www.cybersecuritycloudexpo.com/northamerica/networking-party/ Early-bird registration offering 25% discount of the full ticket price is open until 17th April, and interested attendees are encouraged to secure their tickets before the offer ends to avoid missing out on this exciting opportunity. Follow this link to discover ticket types and prices: https://www.cybersecuritycloudexpo.com/northamerica/ticket-types-and-prices/. About TechEx Events Ltd The TechEx Event portfolio is an international conference and tech showcasing cutting-edge tech innovation in enterprise. Featuring real-life use cases and in-depth industry insights, the event series delves into the AI, Big Data, Blockchain, Cyber Security, 5G, IoT and Edge Computing ecosystems. Running for over six years, our co-located events strengths lie within our expert community. We bring the heroes responsible for pushing game changing tech and strategy together, to craft relationships and creative solutions. We are the place where networking never stops – The one-stop-shop for enterprise innovators.

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