Economy 11-10-2023 01:12 23 Views

Cybersecurity for SMBs an Untapped Market with Billion-dollar Potential, Integrated Cyber CEO Says

When it comes to cybersecurity, small and medium-sized businesses (SMBs) represent a largely underserved market, and innovative solutions that address SMBs’ unique challenges offer significant opportunities for investment, according to Integrated Cyber Solutions (CSE:ICS) CEO Alan Guibord.

“(The cybersecurity market for SMBs) is still in the infancy stages, but it’s in the billions,” he said. “The reason that we chose the SMB market is because they don’t have the capability or capacity to invest like the larger corporations do, but there’s tens of thousands of them just in the US alone, and more in Canada and more around the world. And we feel that this market is really ripe for our kind of service where we can really bring them the capabilities that the large corporations have at a very affordable price.”

Integrated Cyber offers a suite of internet security solutions that are driven by artificial intelligence and designed to address the vulnerability challenges of SMBs. The company’s offerings include pen testing, vulnerability assessments, remediation, cyber training and managed detection and response, as well as managed services.

“The perspective that we have created is one that is really what the market needs right now,” Guibord said. ‘Instead of going out and selling software point solutions, we’re out there selling an environment where people can use the cyber tools that we create for them to better understand and manage their risks and their needs and their responses.’

Watch the full interview with Integrated Cyber Solutions CEO Alan Guibord above.

The information contained here is for information purposes only and is not to be construed as an offer or solicitation for the sale or purchase of securities. Readers should conduct their own research for all information publicly available concerning the company. Prior to making any investment decision, it is recommended that readers consult directly with Integrated Cyber Solutions and seek advice from a qualified investment advisor.

This interview may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, receipt of property titles, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. The issuer relies upon litigation protection for forward-looking statements. Investing in companies comes with uncertainties as market values can fluctuate.

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