Wombat Security Technologies CEO Receives Entrepreneur of the Year Award

Joe Ferrara, CEO of Pittsburgh-based Wombat Security Technologies, has been recognized for his regional achievements and leadership by the Carnegie Science Center, picking up an Entrepreneur of the Year Award at the 78th Annual Covestro Pittsburgh Regional Science & Engineering Fair.

The Carnegie Science Awards Program was established in 1997 to recognize the best minds and achievements in the field of science and technology in western Pennsylvania. More than 500 individuals have now received a prestigious Carnegie Science Award under the program.

Wombat Security Technologies offers security awareness training and phishing simulation software to businesses to help them reduce the risk of email-based attacks on employees. The company’s SaaS-based security awareness solution trains employees to recognize phishing emails and raises awareness of malware and ransomware threats. Wombat says its platform can help businesses reduce susceptibility to email-based attacks by up to 90%.

Many Fortune 1000 and Global 2000 companies have signed up with Wombat and use its platform to improve the security awareness of their employees. The company has also recently been included in Gartner’s Magic Quadrant for Security Awareness Computer-Based Training Vendors.

Joe Ferrara was recognized for making a global impact from the region. Ferrara has inspired his team and has helped the company become a leading provider of security awareness training. Wombat Security Technologies has recorded 100% growth in the previous financial year and exceeded expected targets for orders, revenue and customers.

That growth has continued – and accelerated – in the first few months of 2017 as more businesses sign up to the anti-phishing training platform. 2017 looks set to be another record breaking year for the firm.

Accepting the award, Ferrara said, “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.”

Author: NetSec Editor