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CyberCatch and Learn.Net Partner To Provide Innovative Cybersecurity Training Solution

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CyberCatch Holdings, Inc. (TSXV: CYBE) has partnered with Learn.Net to offer an innovative continuous cybersecurity training solution. This collaboration aims to address the ineffectiveness of current cybersecurity awareness training, which has led to 74% of data breaches being caused by human errors. The global cybersecurity awareness training market is expected to grow from $5.6 billion to $10 billion by 2027.

The new solution will feature continuous microlearning to transform cybersecurity behaviors into lasting habits. With the average cost of a data breach at $4.5 million and a ransomware attack at $5.1 million, this partnership seeks to provide a more effective return on investment for organizations. Both companies anticipate wide adoption and sales growth from this transformative approach to security awareness training.

CyberCatch Holdings, Inc. (TSXV: CYBE) ha collaborato con Learn.Net per offrire una soluzione innovativa di formazione continua sulla cybersecurity. Questa collaborazione mira a risolvere l'inefficienza dei corsi di sensibilizzazione sulla cybersecurity attualmente disponibili, che hanno portato il 74% delle violazioni dei dati a essere causate da errori umani. Si prevede che il mercato globale della formazione sulla sensibilizzazione alla cybersecurity cresca da 5,6 miliardi di dollari a 10 miliardi di dollari entro il 2027.

La nuova soluzione presenterà microapprendimento continuo per trasformare i comportamenti di cybersecurity in abitudini durature. Con il costo medio di una violazione dei dati fissato a 4,5 milioni di dollari e un attacco ransomware a 5,1 milioni di dollari, questa partnership cerca di fornire un ritorno sull'investimento più efficace per le organizzazioni. Entrambe le aziende si aspettano una larga adozione e una crescita delle vendite grazie a questo approccio innovativo alla formazione sulla sensibilizzazione alla sicurezza.

CyberCatch Holdings, Inc. (TSXV: CYBE) se ha asociado con Learn.Net para ofrecer una solución innovadora de capacitación continua en ciberseguridad. Esta colaboración tiene como objetivo abordar la ineficacia de la capacitación actual en conciencia sobre ciberseguridad, que ha llevado a que el 74% de las violaciones de datos sean causadas por errores humanos. Se espera que el mercado global de capacitación en conciencia sobre ciberseguridad crezca de 5.6 mil millones de dólares a 10 mil millones de dólares para 2027.

La nueva solución contará con microaprendizaje continuo para transformar los comportamientos de ciberseguridad en hábitos duraderos. Con un costo promedio de violación de datos de 4.5 millones de dólares y un ataque de ransomware de 5.1 millones de dólares, esta asociación busca proporcionar un retorno sobre la inversión más efectivo para las organizaciones. Ambas empresas anticipan una amplia adopción y un crecimiento en las ventas gracias a este enfoque transformador en la capacitación de conciencia sobre seguridad.

CyberCatch Holdings, Inc. (TSXV: CYBE)는 Learn.Net과 협력하여 혁신적인 지속적 사이버 보안 교육 솔루션을 제공합니다. 이 협력은 현재 사이버 보안 인식 교육의 비효율성을 해결하는 것을 목표로 하며, 이는 74%의 데이터 유출이 인적 오류로 인해 발생했음을 보여줍니다. 글로벌 사이버 보안 인식 교육 시장은 2027년까지 56억 달러에서 100억 달러로 성장할 것으로 예상됩니다.

새로운 솔루션은 지속적인 마이크로 학습 기능을 갖추어 사이버 보안 행동을 지속적인 습관으로 변화시킬 것입니다. 데이터 유출의 평균 비용이 450만 달러, 랜섬웨어 공격이 510만 달러인 가운데, 이 파트너십은 조직에 더 효과적인 투자 수익을 제공하고자 합니다. 두 회사 모두 이 혁신적인 보안 인식 교육 접근 방식의 광범위한 채택과 판매 성장에 대한 기대감을 가지고 있습니다.

CyberCatch Holdings, Inc. (TSXV: CYBE) s'est associé à Learn.Net pour offrir une solution innovante de formation continue en cybersécurité. Cette collaboration vise à remédier à l'inefficacité de la formation actuelle sur la sensibilisation à la cybersécurité, qui a conduit à 74 % des violations de données étant causées par des erreurs humaines. Le marché mondial de la formation sur la sensibilisation à la cybersécurité devrait passer de 5,6 milliards de dollars à 10 milliards de dollars d'ici 2027.

La nouvelle solution proposera un micro-apprentissage continu pour transformer les comportements en cybersécurité en habitudes durables. Avec un coût moyen d'une violation de données de 4,5 millions de dollars et un cyberattaque par ransomware de 5,1 millions de dollars, ce partenariat vise à fournir un meilleur retour sur investissement pour les organisations. Les deux entreprises anticipent une adoption large et une croissance des ventes grâce à cette approche transformative de la formation à la sensibilisation à la sécurité.

CyberCatch Holdings, Inc. (TSXV: CYBE) hat sich mit Learn.Net zusammengetan, um eine innovativen kontinuierlichen Schulungslösung für Cybersicherheit anzubieten. Diese Zusammenarbeit zielt darauf ab, die Ineffizienz der derzeitigen Schulungen zur Sensibilisierung für Cybersicherheit zu beheben, die dazu geführt haben, dass 74% der Datenverletzungen durch menschliche Fehler verursacht werden. Der globale Markt für Schulungen zur Sensibilisierung für Cybersicherheit wird voraussichtlich von 5,6 Milliarden auf 10 Milliarden US-Dollar bis 2027 wachsen.

Die neue Lösung wird kontinuierliches Mikrolernen umfassen, um Verhaltensweisen in der Cybersicherheit in dauerhafte Gewohnheiten zu verwandeln. Bei den durchschnittlichen Kosten einer Datenverletzung von 4,5 Millionen Dollar und einem Ransomware-Angriff von 5,1 Millionen Dollar strebt diese Partnerschaft eine effektivere Rendite für Investitionen in Organisationen an. Beide Unternehmen erwarten eine breite Akzeptanz und ein Verkaufswachstum durch diesen transformativen Ansatz zur Schulung des Sicherheitsbewusstseins.

Positive
  • Partnership with Learn.Net to offer innovative continuous cybersecurity training
  • Addressing a growing market expected to reach $10 billion by 2027
  • Potential for wide adoption and sales growth for both companies
Negative
  • None.

Vancouver, British Columbia and San Diego, California--(Newsfile Corp. - September 18, 2024) - CyberCatch Holdings, Inc.  (TSXV: CYBE) ("CyberCatch'' or the "Company"), a cybersecurity company offering an AI-enabled platform solution for compliance and cyber risk mitigation, announced today a partnership with Learn.Net, a leading corporate training solution provider, to offer an innovative continuous cybersecurity training solution. According to Cybersecurity Ventures, approximately $5.6 billion is spent on cybersecurity awareness training globally, and expected to grow to $10 billion by 2027, and yet according to Verizon's Data Breach Investigations Report (DBIR), 74% of data breaches are due to human errors. According to IBM's Cost of a Data Breach Report, globally average cost of a data breach is $4.5 million, while the average cost of a ransomware attack is $5.1 million to an organization, not including ransom payments. Current cybersecurity awareness training solutions are rudimentary, not continuous and ineffective, and are not providing a return on investment.

"At Learn.Net, with over a million learners, we've learned that true performance comes from building habits, not just understanding topics like cybersecurity. That's why we're excited to partner with CyberCatch to offer a cutting-edge training solution featuring continuous microlearning, turning cybersecurity behaviors into lasting habits," said Stephanie Crowe, CEO, Learn. Net.

"CyberCatch is excited to partner with Learn.Net to convert our unique cybersecurity awareness training content into continuous, microlearning learning to make the learners cyber savvy so the human firewall is effective and the organization stays one step ahead of threats. We expect wide adoption of the innovative solution and sales growth for both our companies as we transform security awareness training," said Sai Huda, CEO, CyberCatch.

About Learn.Net
Learn.Net is a leading corporate learning technology provider with a proprietary training solution, using brain science and AI-driven microlearning, to over a million learners and serves organizations of all types and sizes, including the Fortune 500. Learn more at: https://www.learn.net

About CyberCatch
CyberCatch Holdings, Inc. (TSXV: CYBE) provides a proprietary, AI-enabled Software-as-a-Service (SaaS) solution that provides continuous compliance and cyber risk mitigation to organizations in critical segments, so they can be safe from cyber threats. The CyberCatch platform focuses on solving the root cause of why cyberattacks are successful: security holes from control deficiencies. It first helps implement all mandated and necessary controls, then the platform automatically and continuously tests the controls from three dimensions (outside-in, inside-out and social engineering) to find control failures so one can fix them promptly to stay compliant and safe from attackers. Learn more at: https://www.cybercatch.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information, please contact:

Investor Relations
Phone: 1-866-756-2923
Email: info@cybercatch.com

SOURCE CyberCatch

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/223695

FAQ

What is the partnership between CyberCatch Holdings (TSXV: CYBE) and Learn.Net?

CyberCatch Holdings (TSXV: CYBE) and Learn.Net have partnered to provide an innovative continuous cybersecurity training solution that uses microlearning to turn cybersecurity behaviors into lasting habits.

How much is the global cybersecurity awareness training market expected to grow by 2027?

The global cybersecurity awareness training market is expected to grow from $5.6 billion to $10 billion by 2027.

What percentage of data breaches are caused by human errors, according to the press release about CyberCatch (TSXV: CYBE)?

According to the press release, 74% of data breaches are caused by human errors, based on Verizon's Data Breach Investigations Report (DBIR).

What is the average cost of a data breach, as mentioned in the CyberCatch (TSXV: CYBE) press release?

According to IBM's Cost of a Data Breach Report, cited in the press release, the global average cost of a data breach is $4.5 million.

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