The COVID-19 pandemic has increased the world’s digital dependency, and along with it, increased businesses’ vulnerability to cyberattacks. Massive data fraud and theft as well as cyberattacks have been ranked amongst the top five risks globally in the next 10 years in terms of likelihood, according to the Global Risks Report 2019 published by the World Economic Forum.
CYFIRMA launched DeCYFIR, a cloud-based, AI-powered cybersecurity platform claiming it to be designed to empower businesses with the ability to discover threats from the deepest trenches in cyberspace, decode signals from noise to gain useful insights, and apply remedial actions against cyber criminals before an actual attack occurs.
Kumar Ritesh, founder and ceo of CYFIRMA, noted that COVID-19 is accelerating digital transformation while increasing the threat vector as organisations adopt remote working in response to government mandated pandemic containment measures.
He added that integration of business applications with third-party systems also create new vulnerabilities, and employees unaccustomed and untrained in cybersecurity practices can heighten digital risk.
“Cyber-intelligence as the new currency that will power growth and allow businesses to thrive in the post-pandemic digital economy,” he added.
The DeCYFIR platform lets businesses identify potential threats at the early planning stage of cyberattacks. The platform picks up threat indicators as observed in deep/dark web, hackers’ forums, and other closed communities, and predicts upcoming attacks based on a set of probability mathematical models and analytical engines.
With DECYFIR, cyber threats and signals are automatically discovered and decoded. These insights are provided in real-time so that security teams are always kept a step head of their cyber adversaries.
Competitors to DECYFIR