CYBE.v: AI-Powered Solution Safeguards SMEs from Hackers According to Statistics Canada, cybersecurity incidents impacted 21% of Canadian businesses, and these businesses collectively spent $7 billion in 2019 to detect and recover from such incidents. Source: https://www.statcan.gc.ca/o1/en/plus/514-cybersecurity-risks-impact-canadian-businesses
Addressing the critical need for effective cybersecurity management, CyberCatch Holdings, Inc. (TSXV: CYBE) offers an AI-powered Software-as-a-Service (SaaS) solution specifically designed for Small/Medium-sized Enterprises (SMEs). Their comprehensive platform provides continuous cyber risk management and ensures compliance. It includes features like vulnerability scans, phishing susceptibility testing, cyber threat training, and more. By identifying and addressing security gaps, the platform helps SMEs protect against potential attacks.
Leading the way at CYBE is CEO Sai Huda, a globally recognized cybersecurity expert and the author of the best-selling book "Next Level Cybersecurity." Sai Huda is also a co-author of Canada's national cybersecurity standard.
Recently, Sai Huda was interviewed by Paul Bagnell, the host of The Street Show on BNN Bloomberg. The interview focused on the utilization of AI by malicious actors and how CYBE is harnessing AI to effectively mitigate cyber risks through their innovative solution. Huda emphasized that no company using CYBE's platform has experienced a cyber attack while utilizing their software. This is because CYBE's software is proactive rather than reactive against cyberattacks.
Having successfully secured $10 million in funding, CYBE has set its sights on listing on the TSX and NASDAQ exchanges within a year. This accomplishment positions them as one of the smaller companies featured on The Street Show. Despite their size, CYBE has already established partnerships with larger enterprises and Canadian government organizations. The company intends to continue forging such alliances as it strives to thrive in the ongoing AI "arms race," leveraging its specialized capabilities.
Learn about this and more by watching the full interview here: https://cybercatch.com/investors/ Posted on behalf of CyberCatch Holdings, Inc.