Cyberfort Software Inc. (CYBF) Tops List of Cybersecurity Stocks to Watch in 2019
- 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://nnw.fm/qSE5c).
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://nnw.fm/n8ILr).
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://nnw.fm/Lf6BV).
“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
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
- 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://nnw.fm/qSE5c).
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://nnw.fm/n8ILr).
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://nnw.fm/Lf6BV).
“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
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
