Tego Cyber Inc. Announces Beta Test of Its Threat Intelligence Platform by Fortune 500

Rhea-AI Summary

Tego Cyber Inc. (OTCQB:TGCB) has initiated a beta test of its Tego Threat Intelligence Platform (TTIP) with a Fortune 500 company, marking a crucial phase before full commercialization. Expected to last 2-4 weeks, this platform integrates with the widely-used Splunk SIEM system, enhancing cybersecurity teams' capabilities by providing detailed threat analysis. Following the beta test, Tego plans to offer TTIP on Splunkbase, fostering further adoption. The platform is designed to automate threat data analysis, reducing time and costs for enterprises.

Positive

• Commencement of beta testing signals nearing commercialization of the TTIP.
• Integration with Splunk enhances accessibility to a large user base.
• Positive feedback from Fortune 500 companies supports market potential.

Negative

• None.

Beta test marks final step prior to commercialization

Designed for integration with SPLUNK® platform

LAS VEGAS, NV / ACCESSWIRE / June 15, 2021 / Tego Cyber Inc. (OTCQB:TGCB), an emerging developer of proactive cyber threat intelligence applications and solutions, today announced it has commenced a beta test of the first version of its Tego Threat Intelligence Platform (TTIP). This testing represents the final step prior to full commercialization and is expected to last a period of 2-4 weeks. This beta test is being conducted with a Fortune 500 company which has global operations.

The TTIP is designed to integrate with the widely used Splunk ^® SIEM (Security Information and Event Management) platform. Splunk ^® is trusted by 92 of the Fortune 100 companies including Porsche, Airbus, Aflac, Hyatt, Zillow, Intel, Dominos, TransUnion, and CenturyLink. Following the completion of the beta test, Tego will apply to be hosted for direct download through Splunk ^® 's app store: Splunkbase. Splunkbase is an online community marketplace hosted by Splunk ^® where users can interact and download apps and add-ons designed to enhance their existing Splunk ^® environment.

What makes the TTIP different from other threat intelligence applications currently in the marketplace is that the TTIP provides an end user's cybersecurity team with data enrichment, a detailed ‘who, what, when and where' of any threat. Other applications currently on the market may simply identify that something is ‘bad' but do not provide any additional information. It is up to the enterprise's cybersecurity team to analyze the threat data to establish which threats need to be acted upon immediately, and which are lower priority. Tego's TTIP platform automates this process, saving organizations a significant amount of time and capital, while reducing risks.

TTIP Dashboard for Splunk users

"This closed beta test is the final step before the full commercial launch of the first version of our threat intelligence application," noted Shannon Wilkinson, CEO of Tego Cyber Inc. "What makes the TTIP unique is that not only does it enhance and provide additional value for existing Splunk users, but the underlying technology can be adapted to integrate with other leading SIEM platforms thereby increasing the scalability of our unique application," continued Mrs. Wilkinson. "We have already received extremely favorable feedback on our platform from major Fortune 500 companies and believe the significant value proposition will drive rapid adoption in the market."

About Tego Cyber Inc.

Tego Cyber Inc. (OTCQB:TGCB, "the Company") was created to capitalize on the emerging cyber threat intelligence market. The Company has developed a cyber threat intelligence application that integrates with top end security platforms to gather, analyze, then proactively identify threats to an enterprise network. The Tego Threat Intelligence Platform (TTIP) takes in vetted and curated threat data and after utilizing a proprietary process, the platform compiles, analyzes, and then delivers that data to an enterprise network in a format that is timely, informative, and relevant. The threat data provides additional context including specific details needed to identify and counteract threats so that security teams can spend less time searching for disparate information. The first version of the TTIP will integrate with the widely accepted SPLUNK platform to provide real-time threat intelligence to macro enterprises using the SPLUNK architecture. The Company plans on developing future versions of the TTIP for integration with other established SIEM systems and platforms including: Elastic, IBM QRadar, AT&T Cybersecurity, Exabeam, and Google Chronical. For more information, please visit www.tegocyber.com.

Forward-Looking Statements

The statements contained in this press release, those which are not purely historical or which depend upon future events, may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements regarding the Company's expectations, hopes, beliefs, intentions or strategies regarding the future constitute forward-looking statements. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those projected in the forward-looking statements because of various factors. All forward-looking statements included in this press release are based on information available to the Company on the date hereof and the Company assumes no obligation to update any such forward-looking statement. Prospective investors should also consult the risks factors described from time to time in the Company's Reports on Forms 10-K, 10-Q and 8-K and Annual Reports to Shareholders.

Contact:

Tego Cyber Inc.
8565 S Eastern Avenue, Suite 150
Las Vegas, Nevada 89123 USA
Tel: 855-939-0100 (North America)
Tel: 725-726-7840 x 705 (Europe)
Email: info@tegocyber.com
Web: tegocyber.com
Facebook: facebook.com/tegocyber
LinkedIn: linkedin.com/company/tegocyber
Twitter: twitter.com/tegocyber

Investor Relations:

Crescendo Communications, LLC
Tel: 212-671-1020
Email: TGCB@crescendo-ir.com

SOURCE: Tego Cyber Inc.

View source version on accesswire.com:
https://www.accesswire.com/651807/Tego-Cyber-Inc-Announces-Beta-Test-of-Its-Threat-Intelligence-Platform-by-Fortune-500

FAQ

What is the Tego Threat Intelligence Platform (TTIP)?

The Tego Threat Intelligence Platform (TTIP) is a cybersecurity application designed to analyze and enrich threat data, providing detailed insights to enterprise cybersecurity teams.

Who is conducting the beta test for TTIP?

The beta test for TTIP is being conducted with a Fortune 500 company, which has global operations.

When is the expected completion date for the TTIP beta testing?

The beta testing is expected to last 2-4 weeks from its commencement on June 15, 2021.

How does TTIP differ from other threat intelligence applications?

TTIP provides detailed threat context, including 'who, what, when, and where' of threats, unlike other applications that may only identify threats without additional information.

Will TTIP be available on Splunkbase?

Yes, after the beta test, Tego plans to apply for TTIP to be hosted for download on Splunkbase, Splunk's app marketplace.