VANCOUVER, BC and SAN DIEGO, April 24,
2023 /CNW/ -- CyberCatch Holdings, Inc.
("CyberCatch'' or the "Company") (TSXV: CYBE), an
innovative cybersecurity company offering an AI-enabled platform
solution for continuous compliance and cyber risk mitigation, is
pleased to announce that it will begin trading on the TSX Venture
Exchange today under the trading symbol CYBE.
The CyberCatch platform is a patented, Software-as-a-Service
(SaaS) solution that enables compliance with national and
international cybersecurity mandates with not only a threat
assessment and quick and precise implementation of controls, but
automated, ongoing testing of the controls from three dimensions
(outside-in, inside-out and social engineering) for continuous
compliance and cyber risk mitigation.
"Billions are spent on cybersecurity globally, but attackers
continue to be successful because the solutions do not focus on the
root cause: security holes from control deficiencies," said Sai
Huda, founder and CEO of CyberCatch. "Our AI-enabled solution
uniquely ensures that all required cybersecurity controls are
implemented, then it continuously tests those defenses, and guides
the organization to fix deficiencies so an attacker cannot
exploit."
Huda is a globally recognized cybersecurity expert and the
author of the best-selling book, Next Level Cybersecurity. He
co-authored Canada's national
cybersecurity standard for small and medium-sized organizations,
the first in the world, and previously founded and successfully
exited a SaaS company for financial services compliance to an
NYSE-traded, Fortune 500 company.
A 2022 McKinsey survey revealed a $2
trillion market opportunity for cybersecurity technology and
service providers, with a key driver being growing demand from
small and medium-sized organizations (SMBs/SMEs). A Deloitte survey
also showed that of those surveyed, 91% reported at least one cyber
incident in 2022.
CyberCatch will open the market at the TSX Venture Exchange in
Toronto on Monday, May 8, followed by an investor
information session and luncheon.
In the meantime, learn more about CyberCatch with Sai Huda, CEO
at: https://cybercatch.com/investors.
About CyberCatch
CyberCatch Holdings, Inc. (TSXV:CYBE)
is a cybersecurity company that provides a proprietary, artificial
intelligence-enabled (AI) Software-as-a-Service (SaaS) solution
that enables continuous compliance and cyber risk mitigation to
organizations in critical segments, so they can be safe from cyber
threats. The CyberCatch platform focuses on solving the root cause
of why cyberattacks are successful: security holes from control
deficiencies. It first helps implement all mandated and necessary
controls, then the platform automatically and continuously tests
the controls from three dimensions (outside-in, inside-out and
social engineering) to find control failures so one can fix them
promptly to stay compliant and safe from attackers. Learn more at:
https://www.cybercatch.com
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Media contact: info@cybercatch.com
SOURCE CyberCatch