Our Mission
Our Mission is to be recognised as the market leader in end point protection.
Smart Desk Solution
Cyber related crime has become the number one threat for companies worldwide with attacks becoming more sophisticated daily.
Cyberite provides a unique solution to mitigate the likelihood of breaches by as much as 85%.
Our solution is focused entirely on endpoint protection and is arguably the best cost-effective threat protection available in the marketplace today and used by many well-known corporates such as banks, insurance companies, and public sector entities.
Cyberite negates the need for an entity to use a variety of software providers in order to maximise its cyber defence. Our “Smart Desk Solution” covers all know threats originating from “Zero-day vulnerabilities”, malware, man-in-the-middle attacks, viruses and phishing.
Cyber risk mitigation versus Insurance
Although cyber insurance is the fasted growing insurance product-line globally actual demand has fallen short of expectations – reasons for this are:
Limited capacity
As much as 40% of cyber insurance is ceded to re-insurers and capacity as a result remains challenging.
Limited knowledge in the value chain
A small percentage of insurance brokers understand cyber policies and may expose themselves to potential professional claims by recommending certain insurance products. More than 30% of brokers in the UK for instance confirmed that they have no understanding of the policy wordings and/or type of covers available in the market.
Cyber is an evolving risk making it challenging for insurers to price
Pricing has risen sharply as result of attacks becoming more sophisticated every day.
Covid
The global shift to working from home has brought about the reality of cyber threats. Insurance companies have incurred direct claims losses of more than double pre-Covid years which resulted in average price increases of more than 29% for cyber insurance whilst covers have also become more restricted
Cyber experts
Even cyber experts employed by insurance companies agree that cyber risk mitigation should take preference over cyber risk transfer.
Value for money and cost of risk
As much as 40% of businesses in the USA with an annual turnover of more than R15billion do not have cyber insurance as the benefits of risk prevention outweighs the cost of insurance.
Stop Threats with an Intelligent, Orchestrated, Automated platform Security Operations and Response Platform
We encourage organisations to think about their security imperatives in a more organised fashion. Structured around logical domains, and centred around a core discipline of security analytics. This core is enabled by cognitive intelligence that continuously understands, reasons, and learns the many variables that are affecting their environments and feeds the entire ecosystem of connected capabilities.
This is where the immune system metaphor really comes into play where you can start to imagine…
Different organs as your layers of defence, all working together to automate policies and block threats. Much like when you get sick, these are the organs that understand the threat and send data up through your central nervous system (security analytics) to create white blood cells/antibodies to gather info, prioritise and take actions. This is what’s called the “Immune Response”.
And by the way, this is just part of the story. It’s really not fully integrated until it’s integrated with the extended partner ecosystem. Integration that enables collaboration across companies and competitors, to understand global threats and data, and adapt to new threats.
Integration can help increase visibility. Notice how capabilities organise around their domains. You’ll start to get an idea of how this immune system works. Like a body fighting a virus, there are different parts of a security portfolio working at once.
