Significant Revenue Growth for NRD Cyber Security
NRD Cyber Security announced a remarkable revenue increase of 45.3%, totaling EUR 5.3 million in the first half of the year, compared to the same timeframe in the previous year. Additionally, the company’s gross profit surged by 30.5%, reaching EUR 2.5 million, while EBITDA saw a substantial boost of 58.2%, now at EUR 0.9 million.
Shifting Towards Cybersecurity-as-a-Service
As the cybersecurity landscape evolves, the Director of NRD Cyber Security, Vilius Benetis, noted a significant change in market demand. Organizations are increasingly looking for comprehensive cybersecurity solutions rather than standalone services. This shift underscores the necessity for providers capable of ensuring robust cyber resilience for their clients.
“The market is moving toward a holistic approach to cybersecurity services. The expectation is now for us to deliver cybersecurity-as-a-service, encompassing secure processes, procedures, and technology configurations along with dedicated threat detection and prevention strategies,” stated Benetis.
Emerging Opportunities with Specialised Tools
The growing demand for sophisticated cybersecurity tools is creating new opportunities for NRD Cyber Security. The company has developed Natrix, a unique cybersecurity threat monitoring platform tailored to enhance the effectiveness of Security Operations Centres (SOCs).
“Specialised monitoring technologies play a crucial role in detecting and mitigating cyber threats. Natrix allows security teams to systematically oversee an organization’s infrastructure. With the escalation of SOC teams globally, whether within companies or as third-party providers, we anticipate increased opportunities for specialized tools,” added Benetis.
NRD Cyber Security’s Global Vision
NRD Cyber Security is dedicated to offering top-tier cybersecurity solutions, consultancy services, and technology-driven innovations. The firm aims to cultivate secure digital environments for various sectors, including governments and businesses, executing a wide range of projects across the globe.
Much of this success can be attributed to the backing of INVL Technology, an IT investment firm listed on Nasdaq Vilnius, which oversees NRD Cyber Security's operations.
Contact Information
For more information, the designated contact person is Kazimieras Tonk?nas, the Managing Partner at INVL Technology. He can be reached via email at k.tonkunas@invltechnology.lt.
Frequently Asked Questions
What percentage increase did NRD Cyber Security achieve in revenue?
NRD Cyber Security experienced a remarkable revenue growth of 45.3% in the first half of the year.
What is the new service model that NRD Cyber Security is adopting?
They are shifting towards a cybersecurity-as-a-service model to provide comprehensive solutions.
What is Natrix?
Natrix is a cybersecurity threat monitoring platform developed to improve the capabilities of Security Operations Centres.
Who manages NRD Cyber Security?
NRD Cyber Security is managed under INVL Technology, an IT investment company listed on Nasdaq Vilnius.
How can I contact NRD Cyber Security's spokesperson?
You can reach Kazimieras Tonk?nas via email at k.tonkunas@invltechnology.lt.
