VANCOUVER, BC and SAN DIEGO,
April 26,
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 a partnership with Canadian SME Magazine.
The Canadian SME Magazine is
Canada's leading publication for
small and medium enterprises (SMEs). Under the partnership,
Canadian SME Magazine will market
CyberCatch's Software-as-a-Service (SaaS) solution to the
publication's 30,000 SME subscribers and to the rest of
Canada's 1.2 million SMEs.
"CyberCatch is delighted to partner with Canadian SME Magazine, the country's leading
informational resource for SMEs. SMEs in Canada are a prime target of cyber attackers
and need to mitigate cyber risk by complying with Canada's national cybersecurity standard,"
said Sai Huda, founder and CEO, CyberCatch.
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.
CyberCatch's AI-enabled solution uniquely ensures that all required
cybersecurity controls are implemented, then it automatically and
continuously tests those controls, and guides the SME to fix
deficiencies so an attacker cannot exploit and the organization
remains in continuous compliance.
"Canadian SME Magazine is pleased
to partner with CyberCatch. SMEs have limited resources and
do not have sufficient cybersecurity knowledge. CyberCatch enables
not only a threat assessment and quick and precise implementation
of controls, and compliance with Canada's national cybersecity standard, but
also automated, ongoing testing of the controls from three
dimensions (outside-in, inside-out and social engineering) for
continuous compliance and cyber risk mitigation," said SK Uddin,
Publisher, Canadian SME
Magazine.
A 2022 CyberCatch scan of nearly 20,000 SMEs in North America with Internet-facing IT assets,
such as websites, detected 77% in Canada with vulnerabilities that could easily
be exploited by cyber attackers.
The average cost of a data breach in Canada has reached $5.6M, according to IBM's 2022 Cost of a Data
Breach Study.
To learn more about the partnership and watch a demo of
CyberCatch's Compliance Manager solution, visit:
https://cybercatch.com/canadiansme.
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.
For further
information:
info@cybercatch.com
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SOURCE CyberCatch