Tego Cyber Inc. (OTCQB:TGCB) Provides Innovative Intelligence Platform to Battle Mounting Cybersecurity Threats
Cyber threat is a menace that will only grow stronger in the years to come; hence, the potential of companies fighting that threat – such as Tego Cyber Inc. (OTCQB:TGCB) – are worth looking into.
Last week, Tego CEO Shannon Wilkinson in an interview discussed the potential of the company’s cyber threat intelligence application. She stated that the application creates the opportunity for exponential growth in the global cybersecurity market, which is currently valued around $170 billion.
To get a better idea of where Tego fits into this market, it’s important for investors to take a closer look at the company’s application. Tego’s intelligence platform not only helps cut down on cyber security risks, but it also blocks cyber-attacks and helps preserve both intellectual property and data. These features are important because the frequency and sophistication of cyber-attacks continues to increase.
“We take the very important step of adding context and adding additional information that security operations teams need,” said Wilkinson. “That’s something that’s missing from a lot of threat intelligence platforms, is that context, the information that the special operations teams need when an incident occurs.”
Demand for effective solutions that help protect institutions and businesses from cyber-attacks is reasonable cause for optimism in Tego’s platform and growth of the broader cyber security market.
During the interview, Wilkinson also spoke about the structure of the company itself, noting that Tego was founded on the intention it would quickly go public in order to raise the capital needed for its research and development efforts.
There is a certain degree of frustration in the cyber security space, Wilkinson said, and Tego is determined to quickly but efficiently fill that gap in the market.
“We’re really filling the gap and ending some of the frustrations that are out there for cyber intelligence,” she stated. “We purpose-built the company to go public from the very get-go in order to help fund research and development of our platform through getting friends and family involved in the company.”
The company has already attracted a corporate client for its recently launched Cyber Threat Intelligence (CTI) service.
As a “boutique service,” CTI will provide businesses and individuals with customized cyber threat information on a range of issues. The issues include impersonation on social media, a threat to e-mail credentials, Dark Web presence, domains that look the same, and social media trends among others.
These are the type of threats that modern companies are facing with increasing intensity and frequency, and Tego has stepped up to make product that caters to these specific needs.
