New € 700,000 investment accelerates international growth of Cybersprint
Cybersprint helps to make the internet safer, not only in the interest of its clients but ultimately all relevant stakeholders. Outdated or forgotten servers and websites are sought-after targets for criminals. Cybersprint’s software solution provides an overview of all publicly accessible websites that belong to an organisation. Using real-time intelligence feeds, any deviation based on visual and behavioural changes is reported.
In addition, Cybersprint continuously monitors social media and the dark web for malicious actions aimed at its clientele. This allows Cybersprint to immediately alert its clients to hacking or suspicious activities. Clients can then take prompt action before other users or search engines notice anything strange. These activities are grouped in the new Digital Risk Monitoring domain.
CEO Pieter Jansen is pleased with the new investment.
Cybersprint is ready to take the next step, moving from startup to scale-up. It’s my personal mission always to be one step ahead of malicious hackers. To achieve this, we continuously monitor and analyse what cybercriminals are doing as well as the latest developments. This investment will allow us to help organisations across the world identify vulnerabilities and prevent attacks even faster.
Since its establishment in The Hague Security Delta (HSD) in June 2016, Cybersprint has proven to be a reliable partner for international financial institutions and government bodies, including the City of The Hague. Cybersprint operates within a valuable new domain and clients appreciate the benefits of the company’s technology because it alerts them to hitherto unknown cyber threats.
Strong market potential
As society becomes more digital, cyber criminals are becoming increasingly professional. Big players like Verizon and Cisco predict a strong rise in cyberattacks. Current threats like malware, phishing, stolen data and data breaches are expected to increase over the next years. In response, authorities are bringing in stricter cybersecurity legislation. Under these circumstances, the potential market demand for Cybersprint solutions is strong.
Fintech as a benchmark
Banks manage important websites and sensitive personal data. It is therefore essential that people trust their integrity. The financial sector occupies a unique position in the cybersecurity domain and offers attractive opportunities for Cybersprint products. Moreover, Cybersprint applies the knowledge and experience gained in the financial field in its other focus sectors.
InnovationQuarter’s Head of Capital Francis Quint explains: “Unfortunately, the number of cyberattacks is increasing. With its investment in Cybersprint, InnovationQuarter is contributing to the security of the digital environment. Companies like Cybersprint confirm the Netherlands’ strong track record in cybersecurity solutions, particularly in The Hague region.”