CyberCatch Holdings, Inc. (“CyberCatch” or the “Company“) (TSXV: CYBE), an innovative cybersecurity company offering an artificial intelligence (“AI“) enabled platform solution for continuous compliance and cyber risk mitigation, is pleased to announce a strategic partnership with IdeaHub Solutions, a leading digital transformation company serving Asia-Pacific.
Under the partnership, IdeaHub Solutions is committing to US $300,000 to market CyberCatch solutions in Asia-Pacific region, with an emphasis in Philippines, Indonesia, Malaysia, Singapore and Thailand, and attain 20,000 customers within next two years.
The Asia-Pacific region is experiencing significant increase in data exfiltration and ransomware attacks from adversary nation-states and criminal gangs.
59% have experienced a cyber incident, out of which 32% have suffered multiple incidents, according to Kroll’s State of Incident Response Report for Asia-Pacific.
“CyberCatch has developed a highly effective solution-set and IdeaHub Solutions is thrilled to commit US $300,000 to market and bring the innovative solution-set to Asia-Pacific region. We look forward to attaining 20,000 customers for CyberCatch within next two years. It is a must-have solution, and timing is optimal for the Asia-Pacific market,” said Chito Lucero, founder and CEO, IdeaHub Solutions.
“CyberCatch is delighted to partner with IdeaHub Solutions to provide our unique, AI-enabled continuous cybersecurity compliance and risk mitigation solution-set to customers in Asia-Pacific. Now thousands of organizations in the region can efficiently and effectively implement the necessary cybersecurity controls to stay safe,” said Sai Huda, founder, chairman and CEO, CyberCatch.
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