- Cyberfort
Software already owns Vivio and recently inked an LOI to acquire Just
Content Software in its bid to be a content filtering industry leader
- The
company is adding more capabilities to Vivio, strengthening its
responsiveness in areas of cloud management, analytical tools and
optimizable web browsing
- CYBF’s
emphasis on internet safety for families and business enterprises comes
amid a rising cyber threat trend driving the cybersecurity market with a
10.2 percent CAGR
The persistence of cybercrime is creating a measure of job
security for the industries that care for individual home computers and large
corporate networks, and some cybersecurity companies, such as Cyberfort
Software Inc. (OTC: CYBF), are distinguishing themselves from the industry
crowd through positive word of mouth.
A recent report on cybersecurity stocks to watch during the
coming year noted that the computer protection market is growing rapidly
because of the rising need for cloud-based solutions among small and
medium-sized enterprises (“SMEs”). One of the vehicles driving the trend is
innovative practices such as content filtering and ad-blocking capabilities,
both of which are CYBF’s bread and butter (http://ibn.fm/mHW2X).
According to the report, the cybersecurity market is
forecast to grow from $152.71 billion in 2018 to $248.26 billion by 2023, at a
compound annual growth rate (“CAGR”) of 10.2 percent. Cyberfort Software’s
acquisition of Vivio three years ago and its recent letter of intent to acquire
Just Content Software demonstrate the company’s intentions to remain abreast of
the growing industry and provide ad-blocking services that will improve end
users’ computing experiences.
“CYBF aims to become a leader in developing cutting-edge
ad-blocking protective software that keeps the Internet safe for families and
business, which in our highly technological and immediate information-access
society, is a significant concern,” Cyberfort CEO Daniel Cattlin stated in a
news release.
Just Content is currently available on iTunes as an app that
provides protections against unsafe links, adult content, phishing sites and
inflammatory hate speech through the use of its proprietary Home Safe Filter
and Business Filter products. Vivio serves over 10,000 users across Apple
platforms by removing ads from Safari-browsed websites in order to make
browsing faster while reducing data costs and battery output.
The company is adding capabilities to Vivio in the areas of
cloud-based management, analytical tools, legacy system integration and
optimizable web browsing. Cattlin told the Uptick Newswire Stock Day
Podcast that CYBF plans to develop and implement an AI- and
cloud-based management platform for its services, and that the goal of the
company is to have one affordable app geared toward the consumer and another
geared toward business enterprises (http://ibn.fm/a8Thf).
Industry insiders have expressed concerns over a “cyber
security skills gap” because of a dearth of educational and employment
candidates with the potential to combat rising cybercrime amid rapid
technological innovations. The National Cyber Security Center (“NCSC”) is
highlighting the depiction of hackers as reclusive computer geeks as an
off-putting trend that needs to be changed in order to appeal to a new
generation of security experts whose interests may not lie only in computer
coding, according to an ITPro report (http://ibn.fm/3RgQy).
“What we need are cybersecurity professionals who can not
only learn and adapt quickly but also build and apply a contextual
understanding of the organisations they protect and work in, not just develop
abstract technical skills and knowledge,” Matt Walmsley, director of Europe,
Middle East and Africa (EMEA) marketing at Vectra AI, stated in the report.
Cyberfort’s recognition of the societal factors involved in cybersecurity
needs is helping it to lead in managing such a diverse array of end user
requirements for the company’s products.
For more information, visit the company’s website at www.CyberfortSoftware.com
About QualityStocks
QualityStocks is
committed to connecting subscribers with companies that have huge potential to
succeed in the short and long-term future. It is part of our mission statement
to help the investment community discover emerging companies that offer
excellent growth potential. We offer several ways for investors to learn more
about investing in these companies as well as find and evaluate them.
QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
Please see full terms of use and disclaimers on the
QualityStocks website applicable to all content provided by QS, wherever
published or re-republished: http://www.qualitystocks.net/disclaimer.php
No comments:
Post a Comment