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Bullboard - Stock Discussion Forum Cybercatch Holdings Inc V.CYBE

Alternate Symbol(s):  CYBHF

CyberCatch Holdings, Inc. is a cybersecurity company that provides an artificial intelligence (AI)-enabled software-as-a-service (SaaS) solution that enables continuous compliance and cyber risk mitigation to organizations in critical segments. The Company specializes in serving small and medium-sized businesses (SMBs) and small and medium enterprises (SMEs) in the United States and Canada. Its... see more

TSXV:CYBE - Post Discussion

Cybercatch Holdings Inc > Demand for effective cybersecurity is growing
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Post by MarketMakerss on May 12, 2023 1:57pm

Demand for effective cybersecurity is growing

Our increasing reliance on technology in this digital age exposes businesses to a myriad of cyber threats, making it crucial for businesses to invest in cybersecurity as cyber attacks become more sophisticated and widespread.

 

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 one company positioned at the forefront of the industry with cutting-edge cyber defense technologies and innovative solutions to protect critical assets and data is CyberCatch (CYBE.v).

 

CYBE has developed a patented AI-enabled platform solutions for continuous compliance and cyberrisk mitigation for small and medium sized companies that focuses on 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 CYBEs CEO Sai Huda on BNN Bloomberg: https://vimeo.com/825256178

 

Posted on behalf of CyberCatch Holdings Inc.

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