Cyberfort Software, Inc. (CYBF)
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Investors seizing a $325 billion opportunity as they realize growing opportunity
99 percent of computers worldwide are vulnerable to cyberattacks
Cyberfort developing cutting-edge ad-blocking and content-filtering protective software
SAN FRANCISCO, Feb. 13, 2019 (GLOBE NEWSWIRE) -- Between 2015 and the second quarter of 2018, Reuters reported cyberattacks surged more than 100 percent. Cybersecurity companies are working hard to counteract mega-breaches, and investors are realizing and seizing what looks to be a lucrative opportunity. According to the Market Insights Report–Global Security Market, the industry is expected to reach $325 billion by 2025.
While cybersecurity and technology company, Cyberfort Software Inc. (OTC: CYBF), may foresee a digital future free of malicious attacks, there is much work to be done before that future is realized. According to a 2017 study released by the Financial Planning Association’s Research and Practice Institute, only 29 percent of companies are adequately prepared to manage and mitigate the risks associated with cybersecurity — that despite the fact that 70 percent of organizations have reported being compromised by a successful cyberattack. In fact, an estimated 99 percent of computers worldwide are vulnerable, leaving both individuals and corporations susceptible.
Last year alone, companies such as Facebook, Under Armour and Marriott suffered from hefty data breaches, and not only that but disruptions were seen across a variety of industries, including banking and energy, with even major US newspapers being affected. If these big corporations, who have more options when it comes to their privacy and data security, are still being impacted by malicious cyber-attacks, the risk only increases for SMEs and even individuals who are more vulnerable and less guarded about their privacy.
Cyberfort is working hard to change this. As they position themselves to be a leader in cybersecurity, CYBF is developing cutting-edge ad-blocking and content-filtering protective software that keeps both individuals and businesses digitally safe. Through strategic acquisitions, the company has built a strong portfolio of solutions that includes their Vivio application, and will add Just Content Software later this year.
Vivio, an ad-blocking app for Mac, iPhone and iPad was acquired by Cyberfort in 2016. The app serves 10,000 users while improving security and privacy, and reducing load time. Vivio improves the users’ browsing experience by blocking ads, reducing data usage and saving battery life. The company is also planning a version exclusively designed for businesses. The Vivio enterprise suite will include a range of privacy centric, data/bandwidth optimizations and permission based controls for companies to ensure the safety of devices used by employees.
Moreover, CYBF is currently pursuing the acquisition of Just Content Software, an ad-blocking app available on iTunes that is designed to safeguard families and businesses alike. The app’s ability to block unsafe links, adult-content, phishing sites and inflammatory hate speech are all features that fall in line with the company’s commitment to provide the best and most effective ad-blocking software in the marketplace.
Cyberfort has set out strategic steps to continue offering innovative solutions that create a safer online environment for all. As companies begin to wake up and realize that a “it won’t happen to me” mentality is not a realistic safeguard, CYBF is prepared and ready to fortify their digital assets and proactively prevent cyberattacks. Less than 30 percent of companies are standing ready to combat the enemy. That leaves the remaining 70 percent in vital need of Cyberfort Software.
For more information, visit the company’s website at www.CyberfortSoftware.com.
Company Contact:
Cyberfort Software, Inc.
388 Market Street, Suite 1300
San Francisco, CA 94111
www.CyberfortSoftware.com
416.295.4507 Office
415.295.4459 Fax
Info@CyberfortSoftware.com
IR@CyberfortSoftware.com
Source: Cyberfort Software, Inc.
ACCESSWIRE ACCESSWIRE•November 19, 2018
SAN FRANCISCO, CA / ACCESSWIRE / November 19, 2018 / Growing sophistication of cyber-attacks and repeated attempts at high-profile hacking have kept countries around the globe alert over the past few years. A series of cyber-attacks like WannaCry or WannaCrypt ransomware attacks and Petya rocked the globe.
Moreover, the massive data breach at Equifax in September and the Uber data theft in November last year reflected the loopholes in the security systems around the world.
The pace of these attacks will only increase as more valuable data shifts online over the next several years. As such, demand for cybersecurity solutions will continue to grow, and cybersecurity stocks will continue to outperform.
Due to the rise in cyber-attacks in 2018, the demand for cybersecurity solutions has burgeoned, and cybersecurity stocks have bounced. Cyberfort (OTC PINK: CYBF) is up 400% over this month, over 20 times the S&P 500's return of 18%.
Cyberfort Software, Inc. (OTC PINK: CYBF), a cybersecurity technology company announced today that it will apply for uplisting to the OTCQB® Venture Market in the first quarter of 2019.
''Trading on the OTCQB will be another important milestone for CYBF and a key step in expanding our financial communication program. Uplisting from the Pink Sheets will help us provide greater transparency to existing and prospective shareholders while growing our exposure to a broader investing audience,'' stated CYBF CEO Daniel Cattlin.
The company is strengthening the online security of companies and end-users by focusing on innovative practices such as Content Filtering and Ad Blocking. Our acquisition and development of the latest cybersecurity technology helps us tap into this increasingly large global market. In line with our mission to deliver powerful solutions across multi-platforms for personal and business users, in 2016 we acquired Vivio, a provider of pioneering AI content filtering and software protection. Visit www.cyberfortsoftware.com
Vivio currently serves over 10,000 unique users across iPhone, iPad, and Mac. Vivio is an iOS 10 ad blocking app with the sole purpose to make your browsing experience better and faster. Experience the web the way it is supposed to be, clean and fast. Vivio not only removes ads from the websites you visit in Safari , it also saves you data traffic and data traffic costs up to 50% and makes your battery lasts longer as a result.
• Ad blocking privacy protection
• Reducing data usage and costs
• Faster website loading
• Better battery life
• Continuous ad blocking rule updates
The company recently announced that it signed a letter of intent (LOI) to acquire Just Content Software. A due diligence review is underway and a final determination regarding this acquisition is anticipated within weeks.
By the LOI's terms, CYBF will acquire 100% interest in the Just Content App, software and underlying source code. Just Content is an efficacious and multi-functional ad blocking App currently available on iTunes (https://itunes.apple.com/app/id1031003372), that safeguards families and business, for example, from unsafe links, adult content, phishing sites and inflammatory hate speech found on the Internet with its proprietary ''Home Safe Filter'' and ''Business Filter'' products.
''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. Acquiring Just Content furthers CYBF's commitment to provide the best and most effective ad-blocking software in the marketplace,'' said Daniel Cattlin, CYBF's CEO.
Under the terms of the LOI, Cyberfort Software will tender shares of its stock for Just Content and provide the capital to develop a Just Content App and further develop another exceptional synergistic product, Enterprise Suite, through the calendar year of 2018 and a negotiated development budget for 2019.
''Signing this LOI with Just Content is another strategic step forward for CYBF, as we continue to offer superior software solutions that create a safer online environment for both individuals and businesses.''
The cybersecurity market is expected to grow from 152.71 billion in 2018 to 248.26 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 10.2% during 2018–2023. The major forces driving the cybersecurity market growth are strict data protection directives and rising cyber terrorism. The cybersecurity market is growing rapidly because of the rising need for cloud-based cybersecurity solutions among Small and Medium-sized Enterprises (SMEs).
November 19, 2018 (ACCESSWIRE via COMTEX) -- Cyberfort Software (CYBF) Plans to Apply for Uplisting to OTCQB in Q1 2019
SAN FRANCISCO, CA / ACCESSWIRE / November 19, 2018 / Cyberfort Software, Inc. (otc pink:CYBF), a cybersecurity technology company, today announces that it will apply for uplisting to the OTCQB® Venture Market in the first quarter of 2019.
"Trading on the OTCQB will be another important milestone for CYBF and a key step in expanding our financial communication program. Uplisting from the Pink Sheets will help us provide greater transparency to existing and prospective shareholders while growing our exposure to a broader investing audience," stated CYBF CEO Daniel Cattlin.
As a verified market with efficient access to U.S. investors, OTCQB is an established public market that helps companies build shareholder value while working to enhance liquidity and achieve fair valuation. Among other advantages, OTCQB increases transparency, reporting standards, and compliance requirements.
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CYBF is currently fulfilling OTC Markets' uplisting requirements and has completed the annual verification and management certification process, as well as a full audit of all financial records for the prior two years of operations.
"These standards provide a strong baseline of transparency, as well as the technology and regulation to improve the information and trading experience for investors. We are looking forward to starting the year off on a high note," added Cattlin.
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 Cyber Security market by specializing in the acquisition and development of security software, content filtering, and ad-blocking technology.
For more information, visit the company's website at www.CyberfortSoftware.com
Forward-Looking Statements
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.
Company Contact:
Cyberfort Software, Inc.388 Market Street, Suite 1300San Francisco, CA 94111www.CyberfortSoftware.com416.295.4507 Office415.295.4459 FaxInfo@CyberfortSoftware.comIR@CyberfortSoftware.com
Corporate Communications Contact:
NetworkNewsWire (NNW) New York, New York www.NetworkNewsWire.com212.418.1217 Office Editor@NetworkNewsWire.com
SOURCE: Cyberfort Software, Inc.
https://www.accesswire.com/img.ashx?id=528409
NEW YORK, Feb. 12, 2019 (GLOBE NEWSWIRE) -- DailyOTC.com News Commentary -- A series of cyber-attacks like WannaCry or WannaCrypt ransomware attacks and Petya rocked the globe last year, while it’s difficult to predict what will happen this year, we can guess that cyber criminals will find new ways to carry out their attacks.
The pace of these attacks will only increase as more valuable data shifts online over the next several years. As such, demand for cybersecurity solutions will continue to grow, and cybersecurity stocks will continue to outperform.
The cybersecurity market is expected to grow from 152.71 billion in 2018 to 248.26 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 10.2% during 2018–2023. The major forces driving the cybersecurity market growth are strict data protection directives and rising cyber terrorism. The cybersecurity market is growing rapidly because of the rising need for cloud-based cybersecurity solutions among Small and Medium-sized Enterprises (SMEs).
Cyberfort Software, Inc. (OTC PINK: CYBF) is strengthening the online security of companies and end-users by focusing on innovative practices such as Content Filtering and Ad Blocking. The acquisition and development of the latest cybersecurity technology helps to tap into this increasingly large global market. In line with their mission to deliver powerful solutions across multi-platforms for personal and business users, in 2016 they acquired Vivio, a provider of pioneering AI content filtering and software protection. Visit www.cyberfortsoftware.com
Vivio currently serves over 10,000 unique users across iPhone, iPad, and Mac. Vivio is an iOS 10 ad blocking app with the sole purpose to make your browsing experience better and faster. Experience the web the way it is supposed to be, clean and fast. Vivio not only removes ads from the websites you visit in Safari, it also saves you data traffic and data traffic costs up to 50% and makes your battery lasts longer as a result.
• Ad blocking privacy protection
• Reducing data usage and costs
• Faster website loading
• Better battery life
• Continuous ad blocking rule updates
The company recently announced that it signed a letter of intent (LOI) to acquire Just Content Software. A due diligence review is underway and a final determination regarding this acquisition is anticipated within weeks.
By the LOI's terms, CYBF will acquire 100% interest in the Just Content App, software and underlying source code. Just Content is an efficacious and multi-functional ad blocking App currently available on iTunes (https://itunes.apple.com/app/id1031003372), that safeguards families and business, for example, from unsafe links, adult content, phishing sites and inflammatory hate speech found on the Internet with its proprietary ''Home Safe Filter'' and ''Business Filter'' products.
''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. Acquiring Just Content furthers CYBF's commitment to provide the best and most effective ad-blocking software in the marketplace,'' said Daniel Cattlin, CYBF's CEO.
Proofpoint Inc. (NASDAQ: PFPT) delivered another very strong Q4 earnings report, beating consensus in both revenue and EPS. The company reported total revenues of $198.5 million, up 35% year over year
Proofpoint is an enterprise security company based in Sunnyvale, California that provides software as a service and products for inbound email security, outbound data loss prevention, social media, mobile devices, digital risk, email encryption, electronic discovery, and email archiving.
Fortinet Inc. (NASDAQ: FTNT) continues to remain one of the leaders in the network firewall security space, growing much faster than the industry average. The company reported 4Q net income of $182.6 million, after reporting a loss in the same period a year earlier. The company said it expects revenue in the range of $465 million to $475 million for the fiscal first quarter.
Fortinet is an American multinational corporation headquartered in Sunnyvale, California. It develops and markets cybersecurity software and appliances and services, such as firewalls, anti-virus, intrusion prevention and endpoint security. Fortinet was founded in 2000 by brothers Ken and Michael Xie.
While growing cyber-attacks don't bode well with most organizations, publicly listed companies operating in the cybersecurity industry such as Cyberfort Software, Inc. (OTC: CYBF), Proofpoint, Inc. and (NASDAQ: PFPT) Fortinet, Inc. (NASDAQ: FTNT) are positioned to benefit immensely.
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