- Depository Trust and Clearing Corp. identifies cyber-attacks as biggest risk to financial markets in 2019
- Cyber security market to hit $200 billion by 2021
- CYBF offers extensive suite of cyber security solutions, including ad blocking and content filtering
The castles and citadels of medieval times may still stand, but their barbicans, drawbridges and high walls can no longer provide effective defense against external threat. For today, more often than not, attack by foe and felon is on the cyber front. Hacking and other threats have grown to such an extent (http://nnw.fm/nNI0L) that “the biggest risk to markets going into the new year is the threat of a cybersecurity attack, according to a new survey of risk managers and nonrisk professionals by the Depository Trust and Clearing Corp., which provides clearing and settlement services to the financial markets.” Fortunately, Cyberfort Software, Inc. (OTC: CYBF) is offering the digital equivalent of those antiquated fortresses. CYBF is out to acquire and develop technologies that improve content filtering, ad blocking and cyber-security (http://nnw.fm/FPi3w).
As the virtual universe expands, cyber security risks are multiplying. Our increased reliance on digital networks and devices, while providing many benefits, exposes us to attack on a wider range of fronts. Cyber threats now include the “weaponization” of artificial intelligence (AI), cyber-physical attacks that could disrupt electricity supply or similarly essential services and interference with voting systems, as in the 2016 Presidential elections. They may take the form of phishing attacks (fraudulent methods to obtain sensitive information, such as passwords or bankcard numbers), distributed denial of service (DDOS) strikes (paralyzing a server by overloading it), malvertising (hiding malware in ads) and backdoor attacks, which involve exploiting software vulnerabilities.
Cyber-attacks can be extensive, as the data breach at credit reporting agency Equifax, affecting 143 million Americans, has proven. Cyber threats can also be potentially life threatening. In 2017, the “WannaCry” ransomware attack affected 300,000 computers, including those belonging to Britain’s National Health Service. As a result, the cyber security market that provides a bulwark to such threats is expected to reach $200 billion by 2021.
Solutions from CYBF include content filtering, defenses against hacking and tools to block tracking by cookies, web beacons, pixel tags and other intrusive software. In addition, since the 2016 acquisition of Vivio, a pioneering ad-blocking app for iPhone, iPad and Mac is now available (http://nnw.fm/Cv13B).
Presently, over 10,000 unique users employ the iOS 10 version of Vivio. The app makes web browsing better, faster and more satisfying by blocking ads and tracking software and by filtering content. It also saves data traffic by up to 38 percent, reduces load by 58 percent and enables 30 percent faster browsing, all of which help save battery life. Continuous ad blocking rule updates are delivered via an intellectual property cloud-based autonomous engine with ad blocking tracker and malware detection filters.
CYBF has an enterprise version in the pipeline. The Vivio enterprise suite is expected to include a range of privacy centric, data/bandwidth optimizations and permission-based controls for companies to ensure the safety of devices used by their employees.
For more information, visit the company’s website at www.CyberfortSoftware.com
More from NetworkNewsWire
About NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive instant SMS alerts, text STOCKS to 77948
For more information, please visit https://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com