NEW YORK, Feb. 20, 2019 (GLOBE NEWSWIRE) -- DailyOTC.com
- 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 as well as large corporate networks, and some cybersecurity companies such as Cyberfort Software, Inc. ( 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.
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 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 and to reduce 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 Centre (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, the 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 Cyberfort Software, Inc.
Cyberfort Software Inc. is a Cybersecurity Technology Company dedicated to improving the digital lives, privacy and security of end users and organizations. It targets the worldwide Cybersecurity market by specializing in the acquisition and development of security software, content filtering and ad-blocking technology.
Contact details: -
Cyberfort Software, Inc.
388 Market Street, Suite 1300
San Francisco, CA 94111
[email protected]
[email protected]
www.cyberfortsoftware.com
Office: (415) 295 4507
Fax: (415) 295 4459
This press release contains statements that are forward-looking and which involve a number of risks and uncertainties. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements in question are based on Cyberfort Software Inc’s current expectations and projections about future events, based on information currently available. The forward-looking statements found in this press release may also include statements relating to Patriot Berry Farms, Inc. and Cyberfort Software Inc.’s anticipated financial performance, business prospects, new developments, strategies, and similar matters. Cyberfort Software, Inc. provides no assurance regarding the actual outcome of the events contemplated by any forward-looking statements included in this release. Cyberfort Software, Inc. disclaims any obligation to update any of its forward-looking statements, except as may be required by law.
Contact: [email protected]
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