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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 > CYBE.v Gains New SaaS Contract with 7-12 School District
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Post by 1StockInformer on May 26, 2023 9:01pm

CYBE.v Gains New SaaS Contract with 7-12 School District

The education sector has experienced a significant rise in malware attacks, affecting more than 7.2 million devices, with a staggering 83% of all attacks targeting this sector. Recognizing the severity of the threat, the FBI and CISA issued an alert, cautioning that cybercriminal groups would intensify their attacks on K-12 institutions. Troubling data reveals that over 60% of K-12 schools in the US exhibit common vulnerabilities, as identified through a scan of 11,118 websites.


To address these pressing concerns, CyberCatch Holdings, Inc. (Ticker: CYBE.v) has emerged as a leading cybersecurity company specializing in continuous compliance and cyber risk mitigation. With a particular focus on critical sectors such as defense, manufacturing, and education, CYBE offers organizations an AI-enabled platform solution to safeguard against cyber threats. Educational institutions are a significant focus for CYBE with 156,000 K-12 schools and 4,100 higher education institutions needing to comply with cybersecurity guidelines in the US/Canada. 


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CYBE's proprietary Software-as-a-Service (SaaS) solution aims to address the root causes of successful cyberattacks by identifying security vulnerabilities and control deficiencies. By assisting organizations in implementing necessary controls and conducting comprehensive testing from various perspectives, CYBE facilitates early detection and resolution of control failures, thereby ensuring compliance and bolstering security measures.


Recently, CYBE announced its selection as the cybersecurity partner for Sweetwater Union High School District. This district, which serves over 36,000 students in grades 7 through 12, aims to enhance its cyber risk management program and achieve compliance with the NIST CyberSecurity Framework. The district chose CYBE for its AI-enabled solution and access to expert virtual Chief Information Security Officers (CISOs), who provide proactive and effective continuous cyber risk mitigation.


For more information, please refer to the official press release: https://www.prnewswire.com/news-releases/cybercatch-announces-sweetwater-union-high-school-district-selects-companys-ai-enabled-continuous-cybersecurity-solution-to-enhance-cyber-risk-mitigation-301833059.html Posted on behalf of CyberCatch Holdings, Inc.

 
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