TSXV:CYBE - Post Discussion
Post by
MarketMakerss on Jul 25, 2023 6:17pm
Taking control of a USD$10.5 TRILLION market opportunity
Cybercrime is predicted to inflict damages totalling USD$10.5 trillion globally by 2025, growing from USD$3 trillion in 2015. As our world is becoming increasingly digital and cyberattacks are growing exponentially, it's critical for all enterprises to have strong shields in place but many cybersecurity budgets are minimal. (Source: https://cybersecurityventures.com/hackerpocalypse-cybercrime-report-2016/)
Confronting this issue head-on is CyberCatch (CYBE.v), a cybersecurity provider that is leveraging the power of artificial intelligence to create an AI-enabled cybersecurity shield.
Employing advanced AI algorithms, CYBE's cutting-edge cybersecurity platform empowers businesses by providing proactive cybersecurity defences and facilitates the seamless implementation of mandated controls and continuous compliance to effectively mitigate cyber risks.
In a recent and notable market development, Proficio, a globally renowned managed detection response provider, selected CYBE as their strategic partner for the deliverance of a comprehensive solution, leveraging the power of AI to safeguard organizations worldwide against cyber threats.
By integrating CYBE's compliance solution with Proficio's end-to-end cyber risk mitigation solution, this partnership is expected to drive significant sales and revenues through cross-sell opportunities, enabling efficient and cost-effective global expansion for CYBE.
In 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.
Posted on behalf of CyberCatch Holdings Inc.
Be the first to comment on this post