Interested in a company that combined AI and cybersecurity? Check out CyberCatch (CYBE.v) & its CEO Sai Huda on this BNN Bloomberg Interview: https://vimeo.com/825256178
Our increasing reliance on technology exposes businesses to a myriad of cyber threats, making it crucial for businesses to invest in cybersecurity, especially for the small and medium sized businesses which power our economy.
Despite over $150B being spent on cybersecurity, weak defenses leave an opening for attackers to exploit with far more than just data being stolen and ransomware being installed.
The demand for effective cybersecurity solutions is only going to grow as cyberattacks become more sophisticated and widespread and CYBE stands out as an innovative SaaS cybersecurity provider.
CYBE's main focus for its patented AI-enabled platform solutions for continuous compliance and cyberrisk mitigation for small and medium sized companies is the root cause of why cyberattacks are successful, security holes from control deficiencies.
What sets CYBE's platform apart from any competitors is that it is a proactive, not a reactive solution, putting an end to attacks before they even begin. Plus, the use of cloud platform technology, allows for compliance in two weeks or less, compared to 3 months, and enables easy scalability.
CYBE has a stacked management team led by CEO Sai Huda, a globally recognized cybersecurity expert who has founded and successfully exited a SaaS company for financial services compliance to an NYSE-traded, Fortune 500 company.
With a range of competitive advantages including its all-in-one AI enabled platform, enabled full compliance in 2 weeks, patented cyber risk scoring technology and more, CYBE is strongly positioned for future growth as the only solution endorsed by the Digital Governance Council and supported by the Ministry of ISED in Canada.
Plus, having already raised $10M, CYBE is on track to make $12-13M in sales, $4-5M in revenue, $500k-$1M in profits within the first 12 months.
For more information, check out CYBE's website: https://cybercatch.com/
Posted on behalf of CyberCatch Holdings Inc.