PRINCIPAL ACTIVITY
INTRODUCTION: Zyber Holdings Ltd (ZYB, formerly Dourado Resources Limited)
is involved in the development and commercialization of a secure, easy to install,
mobile communication platform that allows users to transact, share data and
collaborate across multiple devices and operating systems.
SERVICE: Zyber is developing technologies which will provide the control and
security without leaving a digital footprint on the end user s device.
ACQUISITION: On 16th February 2016, the Dourado Resources Limited has announced
that it has acquired Zyber Secure Mobile Solutions Inc. and changed its name to
Zyber Holdings Ltd.
Zyber Holdings Ltd (ASX: ZYB)
With cybersecurity now a major issue, corporations are pouring more and more resources into protecting themselves from hackers and privacy attacks.
With this rise in awareness, has come a rise in cybersecurity solutions.
One fast moving junior with a cutting edge point of difference in the cyber solution market is Zyber Holdings Ltd (ASX:ZYB).
ZYB offers a holistic approach to fighting cybercrime and in recent times has strengthened its position in the industry through significant partnerships and deals.
Most recently ZYB confirmed an option agreement to fully acquire ‘Iota Security’ – a Canadian security software developer focused on mobile security solutions, and the Internet of Things.
With security products based on machine learning, Iota Security can rapidly identify new and emerging attacks against mobile devices.
The deal not only gives ZYB new revenue opportunities, but also a foothold in the rapidly expanding Internet of Things security market – set to grow to US$28.6 billion annually by 2020.
Remember though, that ZYB is still an early stage play and caution is advised if considering this stock for your portfolio.
ZYB is working hard to claim its share of the multi-billion dollar cybersecurity pie…
ZYB Secures Foothold in Growing US$6 Billion IoT Space
Data security is causing more anxiety for average people and large businesses alike. The high-tech world of apps and connectivity has attracted some unsavoury characters that have persisted in exposing the severe lack of adequate security across the entire digital landscape.
Zyber allows businesses to transact, share data and collaborate across multiple devices and operating systems all within one, easy to install, secure centralized platform without leaving a digital footprint on anyone’s device.
Existing fragmented solutions such as Dropbox and OneDrive solve only parts of the problem or focus on specific devices or tasks.
No solution has yet been able to eliminate the negligent end user as a threat.
