ThriveDX acquires Swiss cyber security training company

Founded in 2015, LUCY Security has transformed the ethical hacking experience of its founders into comprehensive training software that provides a 360° degree approach to cybersecurity training. In its early stages, LUCY Security was initially developed as an on-premise awareness solution to meet the highest cybersecurity requirements of the Swiss banking sector. The software was then commercialized and distributed worldwide.

LUCY Security allows organizations to measure and improve the security awareness of their employees and test their IT defences with +800 attack templates and over 300 customizable training modules in more than 130 languages. The company is supporting millions of users and hundreds of corporate customers worldwide, including Fortune 500 companies.

Following the startup’s exit to ThriveDX, the LUCY team starts a new journey as part of ThriveDX’s SaaS division. Lucy is the third acquisition in a series for ThriveDX to scale its learning systems to become the industry leader in skills training and digital transformation. LUCY’s IT security awareness and phishing are based on transforming the ethical hacking experience of its founders into comprehensive training software that provides a 360° view of an organization’s IT security vulnerabilities from a human perspective. The ability to build this human firewall through behaviour-modifying training is integral to ThriveDX and LUCY’s methodologies.

ThriveDX is a global leader in cybersecurity and digital skills training. Leveraging 15 years of experience in the industry, ThriveDX has built a range of learning solutions in cyber, digital skills and information security designed to tackle the skills gap and talent shortage. It collaborates with academic institutions and corporations worldwide to deliver training and advanced professional development programs.

 “LUCY’s technology, team and customers are an amazing addition to the ThriveDX end-to-end cybersecurity training for the enterprise. Together, I’m looking forward to creating synergies with our cybersecurity education offerings globally,” said Roy Zur, CEO of ThriveDX SaaS. “We are excited to offer one of the best phishing simulators and hands-on cybersecurity awareness training solutions available.”

“We are thrilled to partner with the team at ThriveDX SaaS to educate and better serve organizations who need to take a 360-degree approach to cybersecurity and skills training,” said Oliver Muenchow, Founder of LUCY Security. “By connecting our security awareness offering with other training solutions, we can provide the necessary resources, products, and services to achieve our common goal.”

(Press release/RAN)