might be a good entry price this week.
Cybercatch begins trading on TSX-V
2023-04-24 10:08 ET - News Release
Mr. Sai Huda reports
CYBERCATCH COMMENCES TRADING ON THE TSX VENTURE EXCHANGE UNDER THE SYMBOL CYBE
Cybercatch Holdings Inc. will begin trading on the TSX Venture Exchange today under the trading symbol CYBE.
The Cybercatch platform is a patented, software-as-a-service (SaaS) solution that enables compliance with national and international cybersecurity mandates with not only a threat assessment and quick and precise implementation of controls, but automated, continuing testing of the controls from three dimensions (outside-in, inside-out and social engineering) for continuous compliance and cyberrisk mitigation.
"Billions are spent on cybersecurity globally, but attackers continue to be successful because the solutions do not focus on the root cause: security holes from control deficiencies," said Sai Huda, founder and chief executive officer of Cybercatch. "Our AI [artificial intelligence]-enabled solution uniquely ensures that all required cybersecurity controls are implemented, then it continuously tests those defenses, and guides the organization to fix deficiencies so an attacker cannot exploit."
Mr. Huda is a globally recognized cybersecurity expert and the authour of the best-selling book, Next Level Cybersecurity. He co-authored Canada's national cybersecurity standard for small- and medium-sized organizations, the first in the world, and previously founded and successfully exited a SaaS company for financial services compliance to an NYSE (New York Stock Exchange)-traded, Fortune 500 company.
A 2022 McKinsey survey revealed a $2-trillion market opportunity for cybersecurity technology and service providers, with a key driver being growing demand from small- and medium-sized organizations (SMBs/SMEs). A Deloitte survey also showed that of those surveyed, 91 per cent reported at least one cyberincident in 2022.
Cybercatch will open the market at the TSX Venture Exchange in Toronto on Monday, May 8, followed by an investor information session and luncheon.
About Cybercatch Holdings Inc.
Cybercatch Holdings is a cybersecurity company that provides a proprietary, artificial-intelligence-enabled software-as-a-service (SaaS) solution that enables continuous compliance and cyberrisk mitigation to organizations in critical segments, so they can be safe from cyberthreats. The Cybercatch platform focuses on solving the root cause of why cyberattacks are successful: security holes from control deficiencies. It first helps implement all mandated and necessary controls, then the platform automatically and continuously tests the controls from three dimensions (outside-in, inside-out and social engineering) to find control failures so they can be fixed promptly to stay compliant and safe from attackers.
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