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 cloud-native platform solution first helps an SMB/SME implement a baseline of cybersecurity controls in accordance with a regulation, standard or framework, then automatically and continuously tests the controls to identify control deficiencies and non-compliance with cybersecurity requirements. Its platform solution comprises various modules, such as CyberBenchmark, CyberVirtualCISO, CyberThreatTV, CyberXRay, CyberPhisher and CyberCheck24/7. CyberBenchmark provides a workflow engine, an AI-enabled cybersecurity advisor and dashboard to show the organization's progress in real-time.

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Cybercatch Holdings Inc

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Post by MarketMakersson Jul 24, 2023 6:35pm

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Post# 35555024

Many SMBs go out of business after a cyber attack

With organizations facing a range of cybersecurity threats and data privacy regulations as our world continues to become increasingly digital, it's critical for companies to have a cyber shield in place.

This is especially important for small and medium-sized businesses (SMBs) as they often possess weaker defences than larger enterprises; which is further compounded by SMBs experiencing more impactful downsides and higher costs, potentially leading to the company in question going out of business.

However, CyberCatch (CYBE.v), an AI-enabled cybersecurity provider, is confronting this critical issue head-on. Leveraging the power of artificial intelligence, CYBE aims to empower SMBs with proactive cybersecurity defences to ensure continuous compliance

Employing advanced AI algorithms, CYBE's cutting-edge cybersecurity platform facilitates the seamless implementation of mandated controls to effectively mitigate cyber risks.

Recently, globally renowned managed detection response provider, Proficior, selected CYBE to be their strategic partner for the deliverance of a comprehensive solution, leveraging the power of AI to safeguard organizations worldwide against cyber threats.

Recognizing the uniqueness and compelling value of CYBE's platform, Proficio will integrate CYBE's compliance solution into its end-to-end cyber risk mitigation solution. Notably, this partnership is expected to drive significant sales and revenues through cross-sell opportunities, enabling CYBE's global expansion in a cost-effective and rapid manner.

By providing organizations worldwide with the means to achieve continuous compliance while bolstering themselves against cyber threats, this partnership stands out as a significant industry development in today's digital landscape.

Full News Release: https://www.prnewswire.com/news-releases/cybercatch-and-proficio-announce-strategic-partnership-that-provides-unique-combined-ai-enabled-continuous-cybersecurity-compliance-and-managed-detection-and-response-mdr-solution-globally-301875053.html

Posted on behalf of CyberCatch Holdings Inc.