CYBE and its AI-Enabled Cybersecurity Solution for SMEs There are more than 31 million Small and Medium Sized Enterprises (SMEs) in North America, and with the average cost of a data breach for an SME being $3 million, these businesses require cybersecurity solutions that are both affordable and effective.
CyberCatch Holdings, Inc. (TSXV: CYBE) offers an AI-enabled Software-as-a-Service solution for continuous compliance and cyber risk mitigation specifically for SMEs.
CYBE's platform provides necessary cybersecurity controls, then automatically and continuously tests those controls and identifies deficiencies for the organization to fix to stay safe from cyber threats.
The platform also guides SMEs to fix deficiencies so attackers cannot exploit them. A recent scan by CyberCatch of nearly 20,000 SMEs in North America found 77% in Canada with vulnerabilities that could be exploited by cyber attackers.
By providing SMEs with SaaS solutions, CYBE generates recurring revenue at a high margin.
Last week, CYBE announced that it partnered with Canadian SME Magazine to market its AI-enabled platform to the magazine's 30,000 SME subscribers and Canada's 1.2 million SMEs.
Visit https://cybercatch.com/canadiansme to find out more about the partnership and to see a demonstration of CyberCatch's Compliance Manager solution. Posted on behalf of CyberCatch Holdings, Inc.