- Cybercrime is evolving at a tremendous pace, with daily cyber-attacks compromising businesses and organizations around the globe
- Cybersecurity market expected to grow from $152 billion in 2018 to $248 billion by 2023
- Cyberfort’s proprietary products and leading-edge solutions provide comprehensive capabilities to counter cybercrime
Global losses from cyberattacks continue to generate headlines, with major hacks affecting nearly every segment of society. A “cybercrime pandemic” in 2017 may have cost the world as much as $600 billion, and analysts expect the trend to continue its upward trajectory, a CNBC article states (http://ibn.fm/BitnU). San Francisco-based Cyberfort Software, Inc. (OTC: CYBF), a cybersecurity technology company targeting the global cybersecurity market, is committed to the idea that everyone – from individuals to global corporations – should be able to enjoy the Internet without malicious attacks on their privacy and security.
A recently released corporate update outlining company objectives illustrates CYBF’s commitment to this mission statement (http://ibn.fm/jQQQ1). At the heart of Cyberfort’s expanding portfolio is its goal of delivering robust solutions across multi-platforms in order to fortify the online security of both individuals and businesses. The company’s initial suite of tools debuted in 2016 with the acquisition of Vivio, a pioneering ad-blocking app for iPhone, iPad and Mac (http://ibn.fm/irkMP) that now serves more than 10,000 unique users.
A purchase agreement to acquire Just Content Software, a multi-platform solution for content filtering and ad blocking, is under negotiation (http://ibn.fm/em0HQ). Designed to safeguard families and businesses, the Just Content App utilizes a proprietary Home Safe Filter and Business Filter that provide protection from unsafe links, phishing attempts, adult content and inflammatory hate speech. The acquisition will help CYBF develop new solutions aimed at addressing some of the most common contemporary cybersecurity threats, which are expected to multiply as the world becomes more intricately connected.
A new cybersecurity market report issued by MarketsandMarkets (http://ibn.fm/QgbFW) touts the rising need for cloud-based cybersecurity solutions among small and medium-sized enterprises (SMEs). The primary forces driving the market’s growth – expected to reach $248 billion by 2023 with a compound annual growth rate of 10.2 percent from 2018 to 2023 – are increasing technology adoption, huge opportunities across industry verticals and strict data protection directives being issued by governments and organizations threatened by rising cyber terrorism.
Specializing in the acquisition and development of cybersecurity, ad blocking and content filtering solutions, Cyberfort Software is poised to benefit from these burgeoning opportunities as its suite of products expands. CYBF’s portfolio is designed to help tackle various online threats through the development of innovative protection technologies that are usable across different devices.
For more information, visit the company’s website at www.CyberfortSoftware.com
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