London, England, April 13, 2022 (GLOBE NEWSWIRE) -- Net Savings Link, Inc. (OTC Pink: NSAV), a cryptocurrency, blockchain and digital asset technology company and Zayda Technologies https://zaydatech.website/, a cybersecurity technology company, today announced a partnership to deliver the first cybersecurity solution that can detect cyberthreats as they are occurring, changing the detection paradigm from months to minutes. The global cybersecurity services market is expected grow from $72.92 billion in 2021 to $82.42 billion in 2022 at a compound annual growth rate (CAGR) of 13% and
reach $134.88 billion in 2026.
https://finance.yahoo.com/news/cybersecurity-services-global-market-report-165500168.html
In addition, a related Token will be developed by NSAV for this project. Further details will be announced next week.
NSAV further announced that the Company will release its 2021 Financial Statements tomorrow, Thursday, April 14, 2022, in light of the markets being closed in observance of Good Friday. NSAV Management is excited to be able to release our Annual Report a day earlier than anticipated and prior to the Easter Holiday long weekend.
According to Zayda, despite more than 3,000 companies in the cybersecurity space and billions of dollars spent on various solutions, the industry is still plagued with the same problem-it takes too long to detect a threat. IBM’s 2021 “Cost of a Data Breach” report, the average breach detection time is 212 days or 7 months, just to realize something nefarious has infiltrated the organization, then another 75 days to mitigate it, for a total of 287 days.
Bahram Yusefzadeh, Founder and Chairman of Zayda Technologies stated, “With NSAV management’s pioneering technology expertise, this partnership is an extremely complementary match. NSAV’s in-depth knowledge allows them to immediately recognize the global market potential of our patented technology called Zavnt, and its ability to solve one of the most pressing challenges of our time, decreasing cyber threat detection times from months to minutes. After an exhaustive search for the right partner, we are excited to launch our game-changing technology with the NSAV team. We are now well positioned to bring our radically different solution to a market that is hungry to protect its digital assets and is frustrated with the thousands of disjointed cybersecurity offerings that clearly are not working. Together, we will give organizations, governments and other entities the ability to detect threats as they are occurring, not months later after the damage has been done or after ransoms have been paid, so they can protect their assets, guard their infrastructure, and preserve their brand reputation.”
https://www.globenewswire.com/news-release/2022/04/13/2422047/0/en/NSAV-and-Zayda-Technologies-Announce-Partnership-to-Enter-Multi-Billion-Dollar-Global-Cybersecurity-Market-with-Game-Changing-Solution.html