IBM's 2022 Data Breach Report revealed that data breaches cost companies an average of $9.4 million and take 277 days to detect and control, emphasizing the importance of cybersecurity and the need for faster breach detection.
https://www.ibm.com/reports/data-breach
CyberCatch Holdings, Inc. (TSXV: CYBE) offers an AI-enabled Software-as-a-Service (SaaS) cybersecurity solution for small to medium sized businesses. It ensures organizations' safety from cyber threats and expedites compliance with legislation. Over the last 5 days CYBE.v is trading 6% up.
CyberCatch's platform prioritizes control deficiencies and security vulnerabilities, enabling swift detection and addressing of weaknesses for compliance and enhanced defense.
CyberCatch recently partnered with Proficio, a leader in Managed Detection and Response, to deliver a powerful cybersecurity solution which combines both companies technology and services.
As part of the collaboration, both companies will jointly promote the integrated solution to their existing and potential customers. They aim to stand out in the market by providing a comprehensive continuous compliance and cyber risk mitigation offering.
Full press 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.