Welcome to our dedicated page for TEGO CYBER news (Ticker: TGCB), a resource for investors and traders seeking the latest updates and insights on TEGO CYBER stock.
Tego Cyber Inc. (TGCB) is a cybersecurity company dedicated to developing innovative cyber threat intelligence and autonomous correlation and threat detection tools. Founded to address the rapidly evolving cyber threat hunting market, Tego focuses on solutions for threat intelligence and autonomous threat hunting/correlation. Their threat correlation engine integrates with leading security and data lake platforms to proactively identify threats, enabling security teams to respond faster and more effectively. With a comprehensive list of indicators of compromise and additional contextual information, Tego's curated threat intelligence feed streamlines threat identification and response, reducing time to detection and enhancing overall cybersecurity.
Tego Cyber Inc. (OTCQB:TGCB) reported significant milestones for the fiscal year ended June 30, 2022. The company launched the first version of its cyberthreat intelligence application, Tego Guardian, which integrates with the Splunk SIEM platform. Tego Guardian streamlines cyber threat tracking, providing real-time clarity for security operations teams. The company entered the revenue phase and is developing future versions for Elastic and Devo SIEM platforms. The management aims for a transformational fiscal 2023, anticipating increased revenue and a potential uplist to a senior stock exchange.
Tego Cyber Inc. (OTCQB:TGCB) recently announced the commercialization of its cyber threat intelligence application, Tego Guardian, which integrates with the Splunk SIEM platform. This solution enables enterprises to detect and remediate threats quickly, backed by a market strategy targeting over 15,000 Splunk users globally, with an initial licensing goal of $11.5 million. The firm has initiated a channel partner program to expand its reach and solidify sales processes. Future plans include developing versions compatible with various SIEM systems. Tego Guardian retails for $75,000 per license annually.
Tego Cyber Inc. (OTCQB:TGCB) announced its partnership with B2i Digital to enhance investor awareness through a comprehensive digital marketing strategy. This initiative aims to reach new retail investors globally, aligning with Tego's goal of preparing for a senior exchange listing. CEO Shannon Wilkinson emphasized the importance of effectively communicating their value proposition amid rising cybersecurity needs. B2i Digital's CEO noted Tego's unique position in the cyber threat intelligence niche, highlighting their potential to attract significant investor interest.
Tego Cyber Inc. (OTCQB:TGCB) is set to present at the Virtual Growth Conference from March 28 to 30, hosted by Maxim Group LLC and M-Vest. The conference will showcase a variety of sectors including Biotech, Clean Energy, and Technology, featuring presentations, fireside chats, and roundtable discussions. Tego's presentation will include insights on its innovative cyber threat intelligence application, Tego Guardian, which integrates with major security platforms to identify enterprise threats effectively. Investors can register for the event through M-Vest.
Tego Cyber Inc. (OTCQB:TGCB) announced that Brent Watkins will represent the company at the MSP World Conference in Orlando, Florida, from March 21-24, 2022. Mr. Watkins will participate in three sessions, including discussions on MSP legislation, a tabletop exercise for cybersecurity, and the evolving security landscape for MSPs. With over two decades of experience, he aims to share valuable insights on leveraging legislation for growth and enhancing cybersecurity practices. The Company focuses on cyber threat intelligence solutions that integrate with major security platforms.
Tego Cyber Inc. (OTCQB:TGCB) has received an updated Equity Report from Argus Research, highlighting its cybersecurity threat intelligence platform, Tego Guardian. The platform integrates with existing systems like Splunk's SIEM, aiming for a 3.33% penetration of Splunk's subscriber base, potentially generating $37.5 million in gross revenue. The global cybersecurity market is projected to reach $241 billion by 2025, providing a favorable environment for Tego's growth. The company has achieved successful integrations and aims to expand to top SIEM platforms, positioning itself for robust sales growth.
Tego Cyber (OTCQB:TGCB) provided a corporate update on February 15, 2022, highlighting its financial results for Q2 fiscal 2022. The company reported a net loss of $564,020, up from $118,986 year-on-year, alongside a minor revenue increase to $1,050 from consulting. Total operating expenses surged to $528,153. Despite these challenges, Tego is expanding its sales team and enhancing its threat intelligence platform Tego Guardian, which aims for integration with major SIEM platforms. The outlook remains cautiously optimistic with sufficient capital for operations.
Tego Cyber Inc. (OTCQB:TGCB) announced a strategic partnership with Vation Ventures to enhance its go-to-market strategy and channel partner program for its Tego Guardian threat intelligence platform. This collaboration aims to leverage Vation's extensive network to accelerate sales initiatives and expand Tego's market reach. Tego Guardian differentiates itself by integrating with SIEM platforms, providing enriched data on potential threats, thus improving decision-making speed for cybersecurity teams. The firm plans future integrations with additional SIEM platforms.
Tego Cyber Inc. (OTCQB:TGCB) has announced its participation in The MicroCap Rodeo's 2nd Annual Winter Wonderland Best Ideas Conference, taking place virtually from February 8-11, 2022.
CEO Shannon Wilkinson will present on February 8 at 4:30 PM ET. Investors can access the webcast at this link. The conference will feature 25-minute presentations and one-on-one meetings for institutional investors.
Tego Cyber specializes in cyber threat intelligence solutions, with plans to integrate their Tego Guardian platform with major security information and event management systems.
FAQ
What is the current stock price of TEGO CYBER (TGCB)?
What is the market cap of TEGO CYBER (TGCB)?
What is Tego Cyber Inc. focused on?
What solutions does Tego provide?
How does Tego streamline threat identification and response?
What is the goal of Tego's threat correlation engine?
How can Tego Cyber Inc. benefit security teams?
