- The last decade has seen growing concern regarding cyberattacks against major companies, national interests and the financial community
- Cyberfort Software aims to use its development of AI content filtering and other software protection tools to face the increasingly hazardous online crime arena
- The company recently acquired tech developer Vivio in order to widen its reach and is using technology to better protect multiplatform users
Consumer efforts to protect themselves from cybercrime often come down to the familiar requirement of establishing secure passwords and changing them with regularity, accompanied by software designed to ferret out potential cyberattacks. Nevertheless, from individual home computers to large corporate networks, modern tech users continue to fall prey to malicious data miners, which has, in turn, increased demand for more advanced products offered by cybersecurity companies such as Cyberfort Software, Inc. (OTC: CYBF).
When retail giant Target Corp. reported the exposure of 41 million customers’ financial data in 2013, it established a new level of corporate concern – and liability – for technological processes (http://ibn.fm/EkGEC). When the United States’ 2016 elections were roiled by reports that foreign agents had used social media savvy to influence voter outcomes, tech companies came under pressure to sustain national security within the confines of their operations (http://ibn.fm/o8PsH).
The U.S., of course, isn’t the only country facing these issues. On November 6, Pakistan’s Federal Investigation Agency reported that “Almost all [of the country’s] banks’ data has been breached [and] most of the banks have been affected” by a cyberattack (http://ibn.fm/SKZc6). The news that hackers had “stolen large amounts of money from people’s accounts” led numerous banks to suspend pending international debit and credit card transactions and temporarily rely on biometric verification for local debit card ATM use while bank executives met to review procedures (http://ibn.fm/P4R6c).
Cyberfort Software’s mission is to adapt AI content filtering practices and software protection tools to the threat that hackers pose, strengthening the online security of companies and other users through multi-platform content filtering and ad blocking technology. The company specializes in acquiring and creating technology that provides cyber security, protects users’ privacy and blocks advertisements.
CYBF’s recent acquisition of content filter developer Vivio furthered its aim to be responsive to Apple and Android platform users alike through its directive to deal with the increasing number of cyber threats on mobile, personal and business computing devices.
“Since our inception, CYBF and its management have been committed to developing and bringing technologically advanced cyber security software and products into the marketplace,” company CEO Daniel Cattlin stated in a recent news release (http://ibn.fm/Stb5m). “After intensely researching several companies and products in our same or similar space, we have narrowed our search and have begun due diligence on candidates that we believe have the best potential to expand CYBF’s technological capabilities and increase our future suite of new products that complement our own software. We will begin negotiations with these target companies and hope to finalize an acquisition soon.”
For more information, visit the company’s website at www.CyberfortSoftware.com
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