DRK drake resources limited

Genome - A Good Tech Acquisition? Let's Take a Look.

  1. 3,809 Posts.
    lightbulb Created with Sketch. 10
    I've traded a few of these tech RTOs now and I like this. So let's take a look.

    Genome

    Background
    In recent decades, Cyberspace has become the most fundamental infrastructure to conduct business globally. And as such, Cyber attacks have grown in sophistication and increased in both frequency and magnitude.

    Big Business Cyber crime includes (but is not limited to):
    Corporate account takeover
    Corporate and consumer data theft
    Transaction fraud
    Piracy

    Examples
    http://www.darkreading.com/attacks-...-in-hacking-telecom-fraud-scam/d/d-id/1324296
    http://www.abc.net.au/news/2016-03-10/cybercriminals-target-millions-of-bank-app-users/7237220


    Who are Genome's competitors/peers?
    Proofpoint - California US$2.147b MB
    https://www.proofpoint.com/
    Darktrace - English Startup US$100m MC
    https://www.darktrace.com/
    Threatbook - Chinese Startup Value Unknown?
    https://threatbook.cn/
    Siemplify Israel startup - just raised US$4m to launch
    http://www.siemplify.co/

    What is it's competitive edge?
    Genome's focus is on Employees which are seen as the leading risk factor in cyber-security which has been primarily Technology and infrastructure focused.

    http://www.information-age.com/tech...e-leaks-six-years-worth-ofcoms-sensitive-data

    Potential Market/Clients
    Genome says its focus is on companies with over 500 employees. It has received Letters of Intent from organisations in the Telecommunications, Accounting and Insurance sectors.
    Note that Siemplify,  a $4m Israeli start-up, recently signed up Orange Telecommunications Israel as a client - Orange's CISO Ariel Sharem was a speaker at the 2015 Global Cyber-Security Summit.

    http://www.cybersecurity-leaders.com/speakers/


    Management
    Amir Rasilevski - 20 years experience in cyber security
    Co-founder & CEO - GoldnLinks Cyber
    Head of Cyber Security - Ernst & Young
    Director - Hacktiks
    Rani Lifshitz - 25 years experience in corporate finance
    Former CEO and Deputy Chariman of Tami Fishman Investment Bank
    Harel Borovic - 25 years experience cyber infrastructure
    Computer engineer - developer of Genome tech
    Zion Osmo - 20 years experience in business investments/marketing/sales
    General Manager - Legend BCI - Specialising in high tech investments by foreign investors in Israeli companies

    In The News
    http://www.forbes.com/sites/rogerai...-to-finance-markets-looms-large/#6386b84451c3
    copyright link/business/2016/02/24/cyber-crime-set-to-hit-most-british-companies-in-the-next-two-ye/
    http://www.rawstory.com/2016/02/cyb...-from-hundreds-of-thousands-of-taxpayers-irs/

    Conclusion
    Genome has its own niche in a growing industry focusing on the human risk factor which as been identified as the current leading risk factor in cyber crime. The cyber security industry is estimated to be worth US$170b by 2020. The management team have a broad scope of impressive experience across cyber-security, commerce, tech infrastructure, start-ups, program development, high-finance banking, corporate investing, marketing and distribution networking and a solid network of high-ranking business associates. I think this team can easily nail it.

    http://www.marketsandmarkets.com/PressReleases/cyber-security.asp

    I like it.   
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.