Data breaches are becoming more frequent and increasingly devastating, especially for critical segments, such as small and medium-sized businesses (SMBs). 1
Companies today are being bombarded with security threats, and traditional security options are proving to be woefully inadequate.
Despite a whopping $150 billion being poured into cybersecurity annually, data thieves and ransomware installers are still having a field day. It’s like cyber security providers are trying to stop a flood with a sieve.
But now, a new protector has emerged – one that has developed a unique, patented technology that addresses the root cause of data theft and ransomware attacks, specifically focusing on strengthening weak defenses and sealing up unknown security holes.
With CyberCatch (TSXV:CYBE), companies of all sizes can mitigate cyber risks within just two weeks compared to the average 3-month period it would take..
This Rapid Response is Critical at a Time When Cyber Risks Are Escalating Dramatically
Today, companies and consumers simply don’t know who they can trust. Take the breakout e-commerce app Temu, for example.
Temu took the US market by storm with its attractive bargain prices and surpassed Instagram, WhatsApp, and Snapchat in popularity within 17 days of its September 2022 launch.2
Today, it’s the most downloaded app in America, boasting an impressive user base of over 50 million.3 But here’s the alarming truth: Temu, which is owned by Chinese online shopping giant PDD Holdings, is suspected of data privacy and security issues.4
In March, Temu’s sister app, Pinduoduo, was suspended by Google after researchers found that the app can bypass phones’ security, monitor activities of other apps, access private messages, and even change phone settings.5
Although it hasn’t been proven that Temu is doing the same, the fact that the app requests 24 permissions,6 including access to Bluetooth and information about Wi-Fi networks, is VERY alarming.
This is just one example of why companies today need an improved cybersecurity solution – one that can identify potential risks and mitigate them before any damage is done.
And that’s exactly what CyberCatch Holdings Inc. (TSXV:CYBE) does. This game-changing company shields vulnerable entities from the relentless onslaught of cyberattacks.
This is a company that is backed by Tom Ridge, the first Secretary of the US Department of Homeland Security, who serves as a Board Advisor, and features an experienced CEO who is also a subject matter expert, Sai Huda, who is the co-author of Canada’s National Cybersecurity Standard.7
Financial Results Already Show How Much CyberCatch
is Needed in the Marketplace
Since appearing on the scene, CyberCatch (TSXV:CYBE) has generated a sales pipeline worth over $10 million in a remarkably short span of time, with projections of at least $12 million in sales over the next 12 months.
This is a company that definitely appears to be on the “come up,” which makes now the perfect time for investors to learn more about it. So, let’s take a deeper dive into how CyberCatch Holdings Inc. (TSXV:CYBE) is positioning itself to be a future leader in cyber security.
7 Reasons
to Put CyberCatch Holdings Inc. (TSXV:CYBE) on Your Watchlist Today
1
Game-Changing Tech: CyberCatch’s (TSXV:CYBE) all-in-one, patented cybersecurity solution provides comprehensive protection, plugging security holes from non-compliance with cybersecurity requirements, which are the root cause of most cyberattacks.
2
Fast Compliance Times: The company’s AI-driven platform delivers compliance in just 2 weeks or less, significantly faster than the standard 3 months or more. CyberCatch offers comprehensive protection, fast.
3
Strong Financial Projections: With an impressive sales pipeline worth over $10M and projected sales of at least $12M in the next 12 months, CyberCatch (TSXV:CYBE) is on a very promising financial trajectory.
4
Standout Leadership: CyberCatch’s (TSXV:CYBE) management team has a successful track record, including founder, chairman, and CEO Sai Huda, who built a $100M+ revenue industry-leading compliance SaaS business, which was acquired by Fortune 500 company FIS (NYSE: FIS).
5
Big-Shot Backing: Tom Ridge, the first Secretary of the US Department of Homeland Security, and former Department of Defense Deputy Chief Information Officer (CIO) Marv Langston, are both big believers in CyberCatch (TSXV:CYBE) and its breakthrough technology.
6
Rapid Growth: Growth is coming fast for CyberCatch (TSXV:CYBE), and the company has a number of exciting announcements in the pipeline, including new tech features, strategic sales distribution partnerships, and amazing customer success stories. This is a company that is positioning itself to break out.
7
Immense Market Opportunities: The company is focused on serving large, critical, and vulnerable sectors, such as Defense, Manufacturing, K-12, and SMBs.
Unique Value Proposition Could Make CyberCatch a High-Value Acquisition Target
CyberCatch Holdings Inc. (TSXV:CYBE) stands apart from competitors because of its patented AI-enabled SaaS solution that is tailored to address the cybersecurity needs of critical segments, such as small and medium-sized businesses (SMBs).
This solution not only ensures compliance with cybersecurity requirements globally, such as Canada’s new national standard for baseline cybersecurity controls for SMBs, NIST 800-171 and NIST CSF in the US, NIS Directive in EU, among others, but also automatically and continuously tests compliance with these standards to identify and rectify any security gaps.
As we said, this rapid, efficient approach enables full compliance for companies within 2 weeks, a significant improvement from the traditional 3-month period. It could also make CyberCatch (TSXV:CYBE) a high-value acquisition target in a market that is both growing and consolidating quickly.
For example, KnowBe4, a quasi-competitor to CyberCatch (TSXV:CYBE), was bought by Vista Equity Partners for $4.6 billion.8
Other multi-billion-dollar acquisitions include SailPoint Technologies Holdings Inc. being acquired by Thoma Bravo LP for $6.9 billion,9 Mandiant Inc. by Alphabet for $5.4 billion,10 and the $1.2 billion acquisition of Absolute Software.11
With its comprehensive solution and much-faster compliance time, it’s likely only a matter of time before the marketplace takes notice. Could CyberCatch’s emphasis on affordability, speed, and efficiency make it the next big acquisition target?
Despite a modest market cap of $15M and a share price of $0.27 (as of July 12, 2023), CyberCatch is strongly positioned to carve out a significant niche in the cybersecurity market and play a crucial role in protecting SMBs from devastating cyberattacks.
Press Releases
- CyberCatch And Proficio Announce Strategic Partnership That Provides Unique Combined AI-Enabled Continuous Cybersecurity Compliance And Managed Detection And Response (MDR) Solution Globally
- CyberCatch Publishes Educational Podcast Revealing In 20 Minutes How To Detect And Respond To An Incident In Order To Prevent A Cyberattack From Being Successful
- CyberCatch Is Pleased To Announce Mushkegowuk Development Corporation In Canada As A New Customer And Partner, Illustrates The Value And Opportunity For Its AI-Enabled Solution For Critical Segments
- CyberCatch CEO Sai Huda’s Keynote And Workshop At Canada’s Largest Small Business Conference On Cyber Risk And AI Was Key Highlight And Well Received By Attendees
- CyberCatch CEO Sai Huda To Keynote At Canada’s Largest Small Business Conference
CyberCatch (TSXV:CYBE) is Filling a Big Market Need
Alarming statistics for 2023 reveal that SMBs are often the prime target for hackers, and the impact can be crippling, with the average data breach costing C$5.4 million.12
It’s no wonder a staggering 60% of small companies are forced to shut their
doors within six months of being hacked.13
In the US, there are approximately 32.5 million SMBs, making up an overwhelming 99.9% of businesses.14 These businesses face significant hurdles with cybersecurity due to the prohibitive costs of hiring consultants.
CyberCatch offers SMBs a highly effective defense against cyberattacks. It’s an all-in-one affordable, fast, and efficient platform that doesn’t have a direct competitor on the market today.
It also appears that right now CyberCatch Holdings Inc. (TSXV:CYBE) is being significantly undervalued by the market compared to its cyber security peer group.
Full Compliance & Risk Mitigation in 2 Weeks Instead of 3 Months
CyberCatch Holdings Inc’s (TSXV:CYBE) patented AI-enabled platform is an all-in-one solution that’s fast and efficient, delivering full compliance and risk mitigation in as little as two weeks. That is a significant shift in the speed at which businesses can secure their digital assets and operations.
How can CyberCatch (TSXV:CYBE) offer such fast results? Its platform is unlike any other, with more features and capabilities than anyone else offers. The company’s security solution includes:
- CyberBenchmark – This automated cybersecurity assessment tool with AI-enabled cybersecurity advisor offers scoring and benchmarking, allowing businesses to understand their current security status compared to industry standards.
- CyberVirtualCISO – This feature allows users to receive expert guidance from seasoned cybersecurity professionals to supplement the AI-enabled advisor. Users can get invaluable advice and insights whenever they need them.
- CyberThreatTV – This online training solution keeps teams informed about the latest cyber threats and how to best handle them.
- CyberCheck247 and CyberXRay – These tools work together to automate internal and external testing of security controls and practices, while CyberPhisher tests phishing susceptibility.
- Plus, the platform also calculates a Cyber Hygiene Score and a Cyber Breach Score, patented measures of a business’s cyber risk. This is similar to a credit score but for cybersecurity.
With CyberCatch (TSXV:CYBE), clients can count on getting a cybersecurity solution that is constantly searching for non-compliance issues and gaps in cybersecurity controls and plugging them immediately when found. This is a solution that is constantly learning and adapting and relentlessly testing defense strength.
With CyberCatch (TSXV:CYBE) clients can rest assured that security leaks will be spotted and sealed before they can become a cybercriminal’s playground.
CyberCatch Stands Out from the Crowd
Endorsed by the Digital Governance Council and backed by the Ministry of ISED in Canada, CyberCatch offers a trusted solution at a wallet-friendly annual SaaS fee.
This is a company that is in tune with the regulatory landscape. Its founder and CEO, Sai Huda, didn’t just read the rulebook – he helped write it, co-authoring the CAN/CIOSC 104 standard in Canada. He also authored the best-selling book, Next Level Cybersecurity. In the US, the platform paves the way for compliance with NIST 800-171 and CSF standards, soon to be a must-have for critical sectors like cities, municipalities, and education.
And for businesses on the hunt for cyber insurance, CyberCatch (TSXV:CYBE) can be a powerful ally. With insurance carriers often giving SMBs the cold shoulder due to inadequate cybersecurity controls, CyberCatch offers a way for those companies to secure their defenses and gain coverage approval.
Partnerships Powering Future Growth
Even though CyberCatch Holdings Inc. (TSXV:CYBE) is a young company, it has already made waves in the cybersecurity industry. It has quickly begun to build a rich roster of clients and partners in many crucial areas, such as defense, manufacturing, education, and small to medium-sized businesses (SMBs).
Notable partnerships include:
- The Digital Governance Council, which used to be called the CIO Strategy Council and is responsible for publishing Canada’s national cybersecurity standard, has endorsed CyberCatch.
- Canadian SME Magazine, which is the leading magazine for small and medium enterprises in Canada with a readership of 30,000, and Soter Technologies, a safety solutions provider for 1,500 K-12 schools.
- Other partnerships include Arizona’s leading small business association ASBA, Ontario’s leading general contractors association OGCA, Lanetco, a Managed IT Services Provider for SMBs, and Ridge Canada, a premier cyber insurance provider in Canada.
These partnerships show that CyberCatch is joining with the best in business to bring its cybersecurity solution to the world. CyberCatch Holdings Inc. (TSXV:CYBE) is also proud of its diverse customer base, which includes organizations of all shapes and sizes in North America and Europe.
In addition to the many partnerships that it has formed, the company is also growing its customer base. Clients range from Ventus, Source Nutraceutical, Northern College, Canadore College, North Forge, and Intrinsik to the City of San Diego, Pacific Science and Engineering, Venatore, Sweetwater Union High School District, and Core Survival. These customers demonstrate CyberCatch’s broad appeal and effectiveness in multiple sectors.
Gaining Credibility AND Market Share
One example of the respect CyberCatch is gaining in the marketplace is that its CEO Sai Huda has been featured as a keynote speaker at several industry conferences. For example, Huda recently delivered a keynote speech at Canada’s Largest Small Business Conference, The Small Business Expo 2023, hosted by Canadian SME Magazine, with the theme “Leveraging Technology for SMB Growth”.
CyberCatch (TSXV:CYBE) is actively planning for an impressive future, with developments like additional AI features, international sales partnerships, and major client success stories on the horizon. Their success is already evident with its strong sales pipeline and expanding client and partner base. Remember, this is a company that has a sales pipeline that exceeds $10 million and is expecting sales of at least $12 million in the coming year.
Talented Leadership with a Personal
Stake in the Company
The leaders at CyberCatch Holdings Inc. (TSXV:CYBE) aren’t just in it for a paycheck, they each have a personal stake in the company.
The company’s leadership owns 30% of the company’s shares, which means their interests are aligned with those of the shareholders.
In essence, the structure of CyberCatch’s (TSXV:CYBE) shares demonstrates a firm commitment by its leadership to its future success, with built-in incentives for growth and a solid foundation of working capital to support its ambitions.
Meet CyberCatch’s Management Team
CyberCatch Holdings Inc.’s (TSXV:CYBE) leadership team offers deep technical expertise and a proven track record of wealth creation. The CYBE team includes:
Sai HudaFounder and CEO
Franklin JacksonVice President, CIO and Head of Global Security Advisory Services
Tom RidgeBoard Advisor
Dr. Marv LangstonBoard MemberRECAP: 7 Reasons
to Consider Investing in CyberCatch Holdings Inc. (TSXV:CYBE)
1
Experienced Leaders: CyberCatch‘s (TSXV:CYBE) management team has a successful track record, having previously built a $100M+ revenue business that was acquired by FIS
2
Cutting-Edge Technology: CyberCatch‘s (TSXV:CYBE) all-in-one, patented cybersecurity solution identifies and plugs security holes from non-compliance, which are the root cause of cyberattacks.
3
Fast Protection: CyberCatch‘s (TSXV:CYBE) AI-driven platform delivers compliance in just 2 weeks or less, significantly faster than the standard 3 months or more.
4
Solid Financials: With an impressive sales pipeline worth over $10M and projected sales of at least $12M in the next 12 months, CyberCatch (TSXV:CYBE) is on a promising financial trajectory.
5
Strong Support: Tom Ridge, the first Secretary of the US Department of Homeland Security, and Sai Huda, an industry leader in cybersecurity, are both fully supporting CyberCatch.
6
Exciting Growth: CyberCatch (TSXV:CYBE) has numerous exciting announcements on the way, including new features, strategic sales distribution partnerships, customer wins, and more.
7
Big Opportunities: CyberCatch (TSXV:CYBE) is focused on serving large, critical, and vulnerable sectors such as Defense, Manufacturing, K-12, and SMBs.
The rising number of costly cyberattacks has created a real need for upstart cybersecurity companies with new technology and a better way of securing important data.
These companies are the future of this marketplace, and investors who identify the right companies now stand to benefit.
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