The Conversation (0)
Effective immediately, Integrated Cyber Solutions Inc. will be reinstated for trading.
The Company has rectified the situation that gave rise to the suspension.
- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
Top Stocks
Top Resource Stocks
Top Tech Stocks
Top Life Science Stocks
Trending
Trending Articles
Trending Press Releases
Trending Companies
First Helium
HELI:CA
Radisson Mining Resources
RDS:CC
CoTec Holdings
CTH:CC
New Murchison Gold Limited
NMG:AU
Trending Reports
Resource
Popular Lists
Investing Ideas
Outlook Reports
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
Investing Guides
Tech
Popular Lists
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
Investing Ideas
Outlook Reports
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
Investing Guides
Life Science
Popular Lists
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
Outlook Reports
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Investing Guides
Integrated Cyber Solutions: Your Go-to Managed Security Service Provider
October 11, 2023
Integrated Cyber Solutions (CSE:ICS) offers a comprehensive suite of tools designed to protect small and medium businesses from threat actors. The company assembled a team that brings together strategic and tactical experience with the goal of making security more actionable and understandable to provide vulnerability assessments, pen-testing, cyber training, MDR, and managed services,
Integrated Cyber focuses on the human side of security paying much attention to processes and education as it does on security tooling. This helps businesses that lack the resources or personnel not only protect themselves from threat actors, but also gain a better understanding of their security posture in the process.
Integrated Cyber’s portfolio is focused on three vital security pillars, tied together with artificial intelligence.
Artificial intelligence has fundamentally changed the nature of cybersecurity. It allows organizations to provide personalized security training, gain insights from massive threat intelligence datasets and detect and respond to threats automatically. Unfortunately, most businesses lack the expertise to incorporate these tools.
Why Invest in Integrated Cyber (CSE: ICS)?
1. High Growth Potential
- Integrated IT management ecosystem spanning both NOC and SOC.
- Rich opportunities for consulting services, adjacent products and training.
- A dual plan for growth that combines direct sales and a partner ecosystem.
2. Promising Portfolio
- Resources and market differentiation focused around three core pillars.
- Continuously-evolving services to future-proof investment capital.
- Represents and integrates best-in-class capabilities from the top cybersecurity platforms.
3. Well-Defined Roadmap
- $5 million in capital reserve for acquisitions with the capacity for further expansion.
- Acquisition of synergistic companies to drive rapid expansion — currently assessing 6 targets.
- Positioned to be acquired by a major IT services company, cyber product company or MSSP as an exit strategy.
4. Industry Expertise
- Extensive knowledge of manufacturing, energy and finance.
- Also have customers in finance with interest from higher education.
- Frequently help protect critical, high-risk infrastructure.
5. Focused Sales Strategy
- Managed services sales model is built on consistent recurring revenue.
- Average margin of 60 percent per customer.
- Comprehensive portfolio with multiple upsell and cross-sell opportunities.
- A management team with decades of collective experience.
- An advisory board consisting of the CIOs of several major corporations.
- Expertise includes financial management, IT, telecommunications, cybersecurity, data storage and managed services.
- Predictable revenue stream to consist of 80 percent recurring revenue.
- Low, fixed and high-variable cost structure
- Revenue forecast of $1 million in 2023 and $22 million by 2027.
This Integrated Cyber Solutions profile is part of a paid investor education campaign.*
Click here to connect with Integrated Cyber Solutions (CSE:ICS) to receive an Investor Presentation
ICS:CC
07 June 2024
CSE Bulletin: Reinstatement - Integrated Cyber Solutions Inc.
_________________________________
Avec effet immédiat, Integrated Cyber Solutions Inc. sera réintégrée à la négociation.
La Société a rectifié la situation qui a donné lieu à la suspension.
| Date : | le 7 juin/June 2024 |
| Symbol(s)/Symbole(s) : | ICS |
If you have any questions or require further information please contact Listings at (416) 367-7340 or E-mail: Listings@thecse.com.
Si vous avez des questions ou si vous avez besoin d'informations supplémentaires, veuillez contacter le service des inscriptions au 416 367-7340 ou par courriel l'adresse: Listings@thecse.com.
News Provided by Newsfile via QuoteMedia
Keep reading...Show less
07 June 2024
Canadian Investment Regulatory Organization Trade Resumption - ICS
Trading resumes in:
Company: Integrated Cyber Solutions Inc.
CSE Symbol: ICS
All Issues: Yes
Resumption (ET): 1:45 PM
CIRO can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada .
SOURCE Canadian Investment Regulatory Organization (CIRO) – Halts/Resumptions
View original content: http://www.newswire.ca/en/releases/archive/June2024/07/c4085.html
News Provided by Canada Newswire via QuoteMedia
Keep reading...Show less
03 April 2024
Integrated Cyber Solutions Corrects Statement in Previous Release Issued on April 2, 2024
(TheNewswire)
 | |||||||||
 |  |  |  |  | |||||
Vancouver, British Columbia TheNewswire - April 3, 2024 - Integrated Cyber Solutions Inc. (CSE:ICS) (FSE:Y4G) ("Integrated Cyber" or the "Company") wishes to correct an error in its previously issued press release titled, "Integrated Cyber Solutions Unveils Joint Venture Partnership with Hospitality Company in the Middle East" issued on April 2, 2024.
The error pertains to the status of the relationship with HSG Middle East. We apologize for any inconvenience this may have caused and appreciate your understanding.
The Company intended to announce that it has entered into a Letter of Intent to form a Joint Venture ("JV") partnership ("ICS Middle East") with an established company based in the UAE, HSG Middle East ("HSG"). Since 2012, HSG has been delivering specialized hospitality network and technology solutions across the Middle East. HSG is a member of the Gulf Cooperation Council (GCC), with relationships totaling over 500 hotels and 55,000 rooms in the region.
The purpose of the Joint Venture with HSG will be multi-faceted and strategic by nature. By establishing ICS Middle East, Integrated Cyber seeks to cultivate business alliances involving strategic partnerships with local entities to leverage their expertise and networks. Through this partnership, the Company anticipates gaining access to local market insights, cultural nuances, and regulatory knowledge essential for navigating and participating in this unique regional landscape.
Specifically, ICS Middle East will initially be focused on five key areas to grow its presence and commercial opportunities in the region:
• Collaborate with the UAE Government to develop a credentialing system tailored for individuals, corporations, and government agencies within the UAE
• Maintain focus on delivering cyber services to the power generation industry, leveraging its expertise honed through serving a major electricity generator company with over 15 power plants. It is anticipated that ICS Middle East will be in contention to provide cyber services to a power plant supplying approximately 20% of Dubai's electricity
• Offer cyber services to existing hotel and hospitality clients of HSG, which include prominent names such as EMAAR Hospitality, Fairmont, Hilton, Atlantis, Jumeirah Hotels, Rotana, and Starwood hotels
• Establish a partnership with a leading provider of critical IT services and hardware to the UAE healthcare sector to offer cyber services to the Company's existing client base
• Capitalize on the momentum created by HSG's new office in Riyadh, Saudi Arabia, with plans to replicate the successful approach in the UAE by providing cyber services to hospitality, healthcare, and governmental sectors. This initiative builds upon existing relationships with entities such as the Saudi Arabia National Guard, NEOM, and the Sovereign Investment Fund PIF.
ICS Middle East participated in the ISACA Infosec/Cyber Security 2023 Conference in Dubai, winning the Best Newcomer award. ISACA is a global professional association and learning organization that leverages the expertise of its more than 165,000 members who work in digital trust fields such as information security, governance, assurance, risk, privacy, and quality. It has a presence in 188 countries, including 225 chapters worldwide.
About Integrated Cyber Solutions
Integrated Cyber Solutions is a managed security service provider (MSSP) that humanizes cybersecurity managed services to the Small-to-Medium Business (SMB) and Small-to-Medium Enterprise (SME) sectors. The Company integrates capabilities from third-party cybersecurity providers, ensuring customers have access to the latest cybersecurity solutions. Apart from providing essential cybersecurity services, Integrated Cyber's managed services and IC360 technology platform consolidate vast amounts of information to generate actionable intelligence from the numerous software point solutions within their customer's environments. The results enable simple, understandable, and actionable insights to help customers comprehend and better secure their organization.
About Hospitality Solution Group
Hospitality Solution Group (HSG) is a team of seasoned hospitality sourcing professionals who provide supplies and technology solutions in the hospitality sector. With a global outlook and a local focus, they collaborate with manufacturers, consultants, distributors, and end users to enhance and protect the hotel guest experience.
The Company's headquarters in Melbourne, Australia, serves as the hub for its operations, which are complemented by offices and warehousing in Dubai to serve the Middle East region. Leveraging their extensive international experience, they curate innovative products worldwide and establish long-standing relationships with manufacturers.
HSG specializes in highly customized hospitality solutions, ensuring their products seamlessly work with the operations of hotels, restaurants, venues, or offices. More information can be found at: http://www.hospitalitysolutiongroup.com
Contact:
Media Relations Team
email: PR@Integrated-Cyber.com
Forward-Looking Statement
This press release contains forward-looking statements within the meaning of applicable Canadian securities laws. These statements are based on current expectations and projections about future events. Forward-looking statements are often, but not always, identified by words such as 'anticipate', 'expect', 'intend', 'plan', 'believe', 'seek', 'estimate', 'will', 'project', 'continue', 'predict', 'potential',' target', 'forecast', 'budget', 'goal', 'may', 'should', 'could', or similar expressions. In this press release, the forward-looking statements include, but are not limited to, expectations regarding the implementation of marketing and investor relations services of White Rabbit Projects Pte. Ltd., Sagacity Capital Media, Investing News Network, Guerilla Capital, and First Phase Capital; and, in particular, the anticipated effects of the proposed marketing services. Forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to materially differ from any future results, performance, or achievements expressed or implied by the forward-looking statements. These risks, uncertainties, and other factors include, but are not limited to, the following: economic conditions, industry trends, regulatory changes, competition, technological advancements, and other factors beyond our control. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.
Copyright (c) 2024 TheNewswire - All rights reserved.
News Provided by TheNewsWire via QuoteMedia
Keep reading...Show less
02 April 2024
Integrated Cyber Solutions Unveils Joint Venture Partnership with Hospitality Company in the Middle East
(TheNewswire)
| |||||||||
| | | | | |||||
Vancouver, British Columbia TheNewswire - April 2, 2024 - Integrated Cyber Solutions Inc. (CSE:ICS) (FSE:Y4G) ("Integrated Cyber" or the "Company") is pleased to announce that the Company has formed a Joint Venture ("JV") partnership ("ICS Middle East") with an established company based in the UAE, HSG Middle East ("HSG"). Since 2012, HSG has been delivering specialized hospitality supplies and technology solutions across the Middle East. HSG is a member of the Gulf Cooperation Council (GCC), with relationships totaling over 500 hotels and 55,000 rooms in the region.
The purpose of the JV with HSG will be multi-faceted and strategic by nature. By establishing ICS Middle East, Integrated Cyber seeks to cultivate business alliances involving strategic partnerships with local entities to leverage their expertise and networks. Through this partnership, the Company anticipates gaining access to local market insights, cultural nuances, and regulatory knowledge essential for navigating and participating in this unique regional landscape.
Specifically, ICS Middle East will initially be focused on five key areas to grow its presence and commercial opportunities in the region:
• Collaborate with the UAE Government to develop a credentialing system tailored for individuals, corporations, and government agencies within the UAE
• Maintain focus on delivering cyber services to the power generation industry, leveraging its expertise honed through serving a major electricity generator company with over 15 power plants. It is anticipated that ICS Middle East will be in contention to provide cyber services to a power plant supplying approximately 20% of Dubai's electricity
• Offer cyber services to existing hotel and hospitality clients of HSG, which include prominent names such as EMAAR Hospitality, Fairmont, Hilton, Atlantis, Jumeirah Hotels, Rotana, and Starwood hotels
• Establish a partnership with a leading provider of critical IT services and hardware to the UAE healthcare sector to offer cyber services to the company's existing client base
• Capitalize on the momentum created by HSG's new office in Riyadh, Saudi Arabia, with plans to replicate the successful approach in the UAE by providing cyber services to hospitality, healthcare, and governmental sectors. This initiative builds upon existing relationships with entities such as the Saudi Arabia National Guard, NEOM, and the Sovereign Investment Fund PIF.
Previous to the JV, ICS Middle East participated in the ISACA Infosec/Cyber Security 2023 Conference in Dubai, winning the Best Newcomer award. ISACA is a global professional association and learning organization that leverages the expertise of its more than 165,000 members who work in digital trust fields such as information security, governance, assurance, risk, privacy and quality. It has a presence in 188 countries, including 225 chapters worldwide.
About Integrated Cyber Solutions
Integrated Cyber Solutions is a managed security service provider (MSSP) that humanizes cybersecurity managed services to the Small-to-Medium Business (SMB) and Small-to-Medium Enterprise (SME) sectors. The Company integrates capabilities from third-party cybersecurity providers, ensuring customers have access to the latest cybersecurity solutions. Apart from providing essential cybersecurity services, Integrated Cyber's managed services and IC360 technology platform consolidate vast amounts of information to generate actionable intelligence from the numerous software point solutions within their customer's environments. The results enable simple, understandable, and actionable insights to help customers comprehend and better secure their organization.
Contact:
Media Relations Team
email: PR@Integrated-Cyber.com
Forward-Looking Statement
This press release contains forward-looking statements within the meaning of applicable Canadian securities laws. These statements are based on current expectations and projections about future events. Forward-looking statements are often, but not always, identified by words such as ‘anticipate', ‘expect', ‘intend', ‘plan', ‘believe', ‘seek', ‘estimate', ‘will', ‘project', ‘continue', ‘predict', ‘potential', 'target', ‘forecast', ‘budget', ‘goal', ‘may', ‘should', ‘could', or similar expressions. In this press release, the forward looking statements include, but are not limited to, expectations regarding the implementation of marketing and investor relations services of White Rabbit Projects Pte. Ltd., Sagacity Capital Media, Investing News Network, Guerilla Capital, and First Phase Capital; and, in particular, the anticipated effects of the proposed marketing services. Forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to materially differ from any future results, performance, or achievements expressed or implied by the forward-looking statements. These risks, uncertainties, and other factors include, but are not limited to, the following: economic conditions, industry trends, regulatory changes, competition, technological advancements, and other factors beyond our control. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.
Copyright (c) 2024 TheNewswire - All rights reserved.
News Provided by TheNewsWire via QuoteMedia
Keep reading...Show less
27 March 2024
Cyber Insurance Industry to Experience Above Trend Sector Growth
(TheNewswire)
| |||||||||
| | | | | |||||
Vancouver, British Columbia TheNewswire March 27, 2024 - Integrated Cyber Solutions Inc. (CSE:ICS) (FSE:Y4G). Since 2018, the global cyber insurance market has experienced remarkable growth beyond the industry average, with coverage volumes tripling over that time frame. Today, this insurance domain has generated approximately US$13 billion in gross direct premiums by 2022 and is expected to produce an industry compound annual growth rate (CAGR) of 12.3% from 2023 to 2030.
The cyber insurance market refers to the sector within the insurance industry that provides coverage against losses and damages resulting from cyber incidents and cyber-related risks. This type of insurance typically protects individuals, businesses and organizations against various cyber threats, including data breaches, hacking attacks, ransomware, network outages, and other forms of cybercrime.
Similar to conventional property insurance coverage, cyber insurance policies can offer remediation for a range of expenses to replace, substitute and mitigate the costs associated with the loss of property. Some policies may also include coverage for business interruption losses resulting from cyber events.
While the market involves risk managers, cybersecurity experts, and legal professionals who contribute to assessing risks, developing policies, and managing claims, the cyber industry remains relatively unstructured against the more mature sub-sectors. The absence of a secondary market for risk-sharing, lack of a dependable incident record databases, along with the inadequacy of automated tools for risk assessment collectively places the responsibility on the client to accurately self-assess their risk profile.
This presents a significant liability gap that leaves many companies vulnerable—even those who believe they have sufficient protection.
While the cyber insurance industry remains in its infancy relative to traditional insurance realms, Integrated Cyber Solutions is methodically attempting to tame this chaotic and undefined market. It is doing so led by an experienced leadership team who understands its end user needs, while developing a proprietary platform that is comprehensive and intuitive to operate.
More specifically, ICS has adopted an industry first Cyber Rating System. The purpose of this system is to provide a quantifiable system to balance risk between providers and their clients. The system provides the insurers with a real-time tool to constantly evaluate their clients risk score thus significantly eliminating risk exposure. It is dynamic and able to be customized to each situation while providing an experience database of claims performance to allow actuaries the capability to better assign risk.
At the core of ICS' security infrastructure lies a "Generative AI Model" capable of processing and correlating all activity and reporting it in a humanly understandable manner. The output is a weighted risk score measuring client's real-time readiness. We also incorporate emerging industry regulations as well as part of our service as well.
According to Integrated Cyber Solutions CEO Alan Guibord, navigating the landscape for cybersecurity solutions is immensely challenging due to network complexity and budget outlays: "The abundance of choices, coupled with the intricate jargon and complexity, can render the selection process daunting and perplexing. We have built ICS to exceed the cyber security demands of small and medium sized businesses in a foreboding threat matrix environment."
The Cyber Insurance Industry Presents Future Growth Opportunities
The anticipation that the cyber insurance market will surpass the industry average in future growth is rooted in several key factors. Firstly, the landscape of cyber threats is continuously evolving and becoming more sophisticated with the rapid advancements in technology. Consequently, businesses and individuals are increasingly acknowledging the necessity of cyber insurance to shield themselves from potential financial losses resulting from cyberattacks.
Secondly, there is a notable shift in the regulatory environment worldwide towards stricter regulations concerning data protection and cybersecurity. Compliance with these regulations often mandates investments in cybersecurity measures and insurance coverage, thereby propelling the demand for cyber insurance policies.
The heightened awareness of cyber risks is permeating through businesses of all sizes, largely due to the prominence of high-profile cyber incidents in the media. As a result, more organizations are acknowledging the potential financial ramifications of cyberattacks and are turning to insurance as an integral component of their risk management strategies. This growing awareness is contributing significantly to the expansion of the cyber insurance market.
High Profile Incident | Company | Date |
SolarWinds Attack | SolarWinds | Dec 2020 |
Equifax Data Breach | Equifax | Jul 2017 |
Yahoo Data Breaches | Yahoo | Various |
Marriott International | Marriott | Nov 2018 |
LinkedIn Breach | Apr 2021 | |
Capital One Data Breach | Capital One | Jul 2019 |
As the threat and exploitation matrix increases exponentially across the curve, companies with the vision and wherewithal to develop the tools to navigate this growing market present opportunities to investors. Integrated Cyber Solutions is one such company addressing the needs of organizations both large and small..
About Integrated Cyber Solutions
Integrated Cyber Solutions is a managed security service provider (MSSP) that humanizes cybersecurity managed services to the Small-to-Medium Business (SMB) and Small-to-Medium Enterprise (SME) sectors. The Company integrates capabilities from third-party cybersecurity providers, ensuring customers have access to the latest cybersecurity solutions. Apart from providing essential cybersecurity services, Integrated Cyber's managed services and IC360 technology platform consolidate vast amounts of information to generate actionable intelligence from the numerous software point solutions within their customer's environments. The results enable simple, understandable, and actionable insights to help customers comprehend and better secure their organization.
Contact:
Media Relations Team
email: PR@Integrated-Cyber.com
Forward-Looking Statement
This press release contains forward-looking statements within the meaning of applicable Canadian securities laws. These statements are based on current expectations and projections about future events. Forward-looking statements are often, but not always, identified by words such as ‘anticipate', ‘expect', ‘intend', ‘plan', ‘believe', ‘seek', ‘estimate', ‘will', ‘project', ‘continue', ‘predict', ‘potential', 'target', ‘forecast', ‘budget', ‘goal', ‘may', ‘should', ‘could', or similar expressions. In this press release, the forward-looking statements include, but are not limited to, expectations regarding the implementation of marketing and investor relations services of White Rabbit Projects Pte. Ltd., Sagacity Capital Media, Investing News Network, Guerilla Capital, and First Phase Capital; and, in particular, the anticipated effects of the proposed marketing services. Forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to materially differ from any future results, performance, or achievements expressed or implied by the forward-looking statements. These risks, uncertainties, and other factors include, but are not limited to, the following: economic conditions, industry trends, regulatory changes, competition, technological advancements, and other factors beyond our control. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.
Copyright (c) 2024 TheNewswire - All rights reserved.
News Provided by TheNewsWire via QuoteMedia
Keep reading...Show less
05 February
ASX Cybersecurity Stocks: 5 Biggest Companies in 2025
Cybersecurity has become a global concern, and demand for technological security is increasing in tandem.
In Australia, the cybersecurity market is expected to grow from an estimated AU$8.4 billion in 2025 to a projected AU$19.57 billion by 2030, a compound annual growth rate of 18.44 percent.
With the increasing growth of internet usage and cyber attacks in the country, there's been extra pressure on governments and enterprises to up their digital security profile, making cybersecurity an industry that’s expected to see rapid expansion in the coming years. Read on to learn more about the cybersecurity landscape in Australia.
What do cybersecurity companies do?
The cybersecurity stocks category includes companies that offer cyber recovery solutions in the event of an attack, as well as companies that offer consultations on cybersecurity for businesses and organisations.
Cybersecurity companies may also bolster cyber defences via hardware and cloud-based software technology, particularly in software-as-a-service (SaaS) applications. This is to help prevent attacks or breaches before they happen and keep private data safe.
Cybersecurity companies on the ASX
Because the industry is new, most Australian cybersecurity businesses are less than 10 years old and are primarily private. Gauging performance can be challenging as company values are based on the aftermath of a cyberattack. Even so, there are opportunities for potential profit in cybersecurity shares.
To give investors an idea of the options available in Australia, the Investing News Network has gathered five of the top ASX-listed cybersecurity shares by market cap using TradingView's stock screener. The cybersecurity companies in Australia are listed in order by market cap, and data was current as of February 3, 2025.
1. Qoria (ASX:QOR)
Market cap: AU$618.25 million
Qoria, previously named Family Zone, is a global technology company that offers a suite of cyber safety tools through its subsidiaries to help parents and schools control screen time and restrict cyber bullying to protect children. Its products and services are used by more than 29,000 schools across three continents and serve more than 25 million children.
2. Senetas (ASX:SEN)
Market cap: AU$43.04 million
Senetas and its subsidiaries provide network data security solutions. The company is considered a leader in the cybersecurity sector. Based in Melbourne, its main customers are governments and businesses all over the world. Since 1999, Senetas has provided products used in cloud services, big data protection and encryption security services.
3. Prophecy International Holdings (ASX:PRO)
Market cap: AU$39.39 million
Prophecy International Holdings is a software company with two products, EMite and Snare. EMite is an SaaS analytics platform, and Snare is a scalable platform of centralised log management and security analytics products that help customers manage cyber threats in real time.
4. FirstWave Cloud Technology (ASX:FCT)
Market cap: AU$37.7 million
FirstWave Cloud Technology is an Australian company based in New South Wales. The company specialises in IT services, providing a software solution to automate cybersecurity and network management. FirstWave’s patented technology, called CyberCision, is a comprehensive platform that helps service providers provide safe and secure services to their clientele. The platform is built to streamline the process and simplify each stage.
5. ArchTIS (ASX:AR9)
Market cap: AU$20.06 million
ArchTIS is an Australian company that designs and develops data-centric security products that allow for safer information-sharing and collaboration infrastructure. It offers its NC Protect for data protection for companies using Microsoft apps, as well as its Kojensi platform for collaboration on classified material and for military and aid workers to collaborate in the field.
This is an updated version of an article first published by the Investing News Network in 2021.
Don't forget to follow us @INN_Australia for real-time updates!
Securities Disclosure: I, Melissa Pistilli, hold no direct investment interest in any company mentioned in this article.
Keep reading...Show less
13 January
4 Biggest Cybersecurity ETFs in 2025
As data breaches and cyberattacks rise, cybersecurity exchange-traded funds (ETFs) are gaining traction.
The term cybersecurity originated in 1989, and today is defined as the measures taken to protect a computer or computer system against unauthorized access or cyberattack threats. These measures can include people, policies and processes.
The number of security incidents is increasing every year, as are the costs companies must pay. In fact, according to a 2024 research report from IBM (NYSE:IBM), the average cost of a single data breach event globally was US$4.48 million — up 10 percent over the previous year and the highest cost in the 19 years since the first report was issued.
These threats are unlikely to fade anytime soon. The forecast for the cybersecurity market is strong through 2030, with trends in the space including the threats posed by AI and quantum computing.
There are multiple ways to invest in the cybersecurity market, including cybersecurity ETFs, which offer a low-cost way to enter the space. ETF fees and expenses are typically lower than those associated with mutual funds or other types of actively managed financial instruments. What's more, ETFs provide exposure to a basket of stocks, meaning investors can spread their risk around.
According to ETF.com, there are nine cybersecurity ETFs listed in the US. Here's a closer look at the top four cybersecurity ETFs by assets under management (AUM). ETFs with assets under management above US$500 million are included in this list. All numbers and figures were current as of January 9, 2025.
1. First Trust NASDAQ Cybersecurity ETF (NASDAQ:CIBR)
AUM: US$7.08 billion
Expense ratio: 0.6 percent
Launched in July 2015, this ETF tracks the NASDAQ CTA Cybersecurity Index (INDEXNASDAQ:NQCYBR) and has 33 holdings. The index, which includes companies categorized by the Consumer Technology Association as cybersecurity, is largely composed of tech firms but also offers some exposure to the defense and aerospace sectors.
The First Trust NASDAQ Cybersecurity ETF's top holdings include Broadcom (NASDAQ:AVGO) at a weight of 10.95 percent, Infosys (NYSE:INFY) at an 8.14 percent weight, CrowdStrike Holdings (NASDAQ:CRWD) at 7.98 percent and Cisco Systems (NASDAQ:CSCO) at 7.85 percent.
2. ETFMG Prime Cyber Security ETF (ARCA:HACK)
AUM: US$1.81 billion
Expense ratio: 0.6 percent
The oldest cybersecurity ETF on this list is the ETFMG Prime Cyber Security ETF, which began trading in November 2014 and tracks the ISE Cyber Security Index (INDEXNASDAQ:HXR). HACK is run by ETFMG, a lesser-known company among the goliath ETF managers, and it has had a 12.19 percent annualized return over the past five years.
The cybersecurity ETF has 27 holdings, and its top holdings by weight include Broadcom at 13.87 percent, Cisco Systems at 7.18 percent, CrowdStrike Holdings at 5.62 percent and Palo Alto Networks (NYSE:PANW) at 5.45 percent.
3. iShares Cybersecurity and Tech ETF (ARCA:IHAK)
AUM: US$921.99 million
Expense ratio: 0.47 percent
Last on this cybersecurity ETFs list is the iShares Cybersecurity and Tech ETF. Founded in June 2019, it tracks the NYSE FactSet Global Cyber Security Index (INDEXNYSEGIS:NYFSSEC), and has a focus on developed and emerging markets in the cybersecurity industry.
The iShares Cybersecurity and Tech ETF has 37 holdings, including CyberArk Software (NASDAQ:CYBR) at a weight of 4.45 percent, Accton Technology (TPE:2345) at a 4.44 percent weight, Juniper Networks (NYSE:JNPR) at 4.39 percent and Okta (NASDAQ:OKTA) at 4.17 percent.
4. GlobalX Cybersecurity ETF (NASDAQ:BUG)
AUM: US$786.78 million
Expense ratio: 0.51 percent
The newest ETF on this list is the GlobalX Cybersecurity ETF, which was founded in October 2019. The ETF tracks a market-cap-weighted global index of companies selected based on revenue related to cybersecurity activities, as companies must generate at least 50 percent of their revenue from cybersecurity to be included.
The ETF has 22 holdings, with the top by weight being Fortinet (NASDAQ:FTNT) at a weight of 6.92 percent, CrowdStrike at 6.87 percent, Check Point Software Technologies (NASDAQ:CHKP) at 5.95 percent and Zscaler (NASDAQ:ZS) at 5.77 percent.
This is an updated version of an article originally published by the Investing News Network in 2018.
Don’t forget to follow us @INN_Technology for real-time news updates!
Securities Disclosure: I, Lauren Kelly, hold no direct investment interest in any company mentioned in this article.
Keep reading...Show less
10 January
Cybersecurity Stocks: 10 Biggest Companies in 2025
Cybercrime is a growing concern, and it’s estimated that the annual cost of fighting cyber crime will reach US$10.5 trillion by 2025. Cybersecurity companies are working to address the challenge.
As investor interest in this potentially lucrative sector increases, the Investing News Network (INN) is profiling the top 10 biggest cybersecurity companies by market cap from eSecurity Planet's list of the top cybersecurity companies to watch.
The list from eSecurity Planet features 20 privately held and publicly traded cybersecurity companies across a range of stock exchanges. The firm employed criteria such as user reviews, product features and benefits, analyst reports, independent security tests and use cases to evaluate companies in the cybersecurity sector.
The largest cybersecurity companies by market cap shown below are all listed on the NASDAQ and NYSE. Stock data was current as of market close on January 9, 2025.
1. Microsoft (NASDAQ:MSFT)
Market cap: US$3.16 trillion
Share price: US$424.56
The largest cybersecurity company by market cap is Microsoft. The tech giant is a major player in the cloud security market, which includes cloud native application protection platform (CNAPP) products and services. In fact, Microsoft is the largest CNAPP solution provider, according to KeyBanc Capital.
Prominent cybersecurity firm Security Risk Advisors recently became a member of the Microsoft Intelligent Security Association.
2. Broadcom (NASDAQ:AVGO)
Market cap: US$3.16 trillion
Share price: US$424.56
Global technology firm Broadcom has built a large portfolio of embedded and mainframe security solutions, as well as payment authentication software.
The company broadened its offerings with the Symantec Enterprise Cloud in November 2019 with the acquisition of the enterprise software division of Symantec, which has since changed its name to Gen Digital (NASDAQ:GEN). Broadcom's Symantec offerings include secure access service edge technologies and zero-trust security.
3. Cisco Systems (NASDAQ:CSCO)
Market cap: US$235.78 billion
Share price: US$59.20
For a number of years now, Cisco Systems has increasingly invested in boosting its cybersecurity services. Today, the company offers an array of products for cloud security, endpoint security and security analytics. To address the cybersecurity skills shortage, Cisco offers certification programs for IT professionals.
In response to rising security risks in AI-powered applications, Cisco acquired Robust Intelligence, a company specializing in protecting AI systems from vulnerabilities and attacks, in September 2024.
4. IBM (NYSE:IBM)
Market cap: US$206.36 billion
Share price: US$223.18
IBM's security division offers customers an advanced and integrated portfolio of enterprise security products and services. IBM X-Force helps businesses and organizations integrate security solutions into their everyday functions and provides help with risk assessment, incident detection and threat response. The company is harnessing the power of AI to combat cybersecurity threats.
In May 2024, IBM announced new X-Force Red testing services that focus on identifying and mitigating vulnerabilities in generative AI applications and models. Like Cisco, IBM also offers cybersecurity certification programs.
5. Palo Alto Networks (NASDAQ:PANW)
Market cap: US$113.41 billion
Share price: US$172.83
Palo Alto Networks bills itself as “the global cybersecurity leader.” The company’s security portfolio includes advanced firewalls and cloud-based offerings that protect more than 80,000 organizations across their clouds, networks and mobile devices.
An example of its more recently launched offerings include Prisma Cloud, which integrates AI across various security domains, including network security, cloud security and security operations. In October 2024, Palo Alto expanded its offerings to the industrial sector.
6. CrowdStrike Holdings (NASDAQ:CRWD)
Market cap: US$88.36 billion
Share price: US$358.72
CrowdStrike Holdings is a software-as-a-service solutions provider. This team of cybersecurity professionals uses advanced endpoint detection and response applications and techniques in its machine-learning-powered antivirus protection offerings to ensure breaches are stopped before they occur.
This is another major cybersecurity company that is incorporating AI, adding it to its security information and event management (SIEM) offerings.
Its new AI-powered functions for its Falcon Next-Gen SIEM platform were first released in May 2024, including the integration of its Charlotte AI. Then, in July, CrowdStrike announced its Falcon Complete Next-Gen MDR service, which incorporates data from its SIEM platform and AI capabilities.
7. Fortinet (NASDAQ:FTNT)
Market cap: US$73.61 billion
Share price: US$96.04
Fortinet provides end-to-end cybersecurity infrastructure products and services, such as firewalls, antivirus tools, intrusion prevention and endpoint security. The company’s cybersecurity platform can address critical security challenges and can protect data across digital infrastructure systems, whether in networked, application, multi-cloud or edge environments. Fortinet's client base includes major sports teams, including the Vancouver Canucks NHL hockey team and the Pittsburgh Steelers NFL football team.
8. Zscaler (NASDAQ:ZS)
Market cap: US$28.74 billion
Share price: US$187.78
Cloud security company Zscaler’s Zero Trust Exchange platform can be used to secure user-to-app, app-to-app and machine-to-machine communications over any network. The company also offers cloud migrating services. Zscaler is known for setting the standard in the field of security service edge, and it claims the Zero Trust Exchange is the world's most-used security service edge platform.
In December 2024, the company expanded its partnership with IT services and consulting company Cognizant (NASDAQ:CTSH) as the pair work together to help enterprises address cyber threats by providing an advanced, AI-enabled zero trust cloud security platform.
9. Check Point Software (NASDAQ:CHKP)
Market cap: US$20.15 billion
Share price: US$183.19
Check Point Software is part of the unified threat management sector, and it offers a wide variety of products to protect users on mobile, networks and the cloud. It also provides users with various security management services to prevent future cyber attacks and data breaches.
Check Point acquired Avanan, a cloud email and collaboration security company, in 2021. At the end of 2024, technological research and consulting firm Gartner recognized Check Point as a leader in the 2024 Gartner Magic Quadrant for Email Security Platforms.
10. Okta (NASDAQ:OKTA)
Market cap: US$14.64 billion
Share price: US$85.46
Okta is an identity and access management company that provides cloud software solutions for managing and securing user authentication, as well as building identity controls into applications, website services and devices. The company is investing in AI technologies to monitor customer signals and proactively identify potential risks.
Gartner recognized Okta as a Leader in the 2024 Gartner Magic Quadrant for Access Management for the eighth consecutive year.
FAQs for cybersecurity
Is cybersecurity a growing industry?
Cybersecurity is a growing industry — according to Statista, it has a projected CAGR of 7.58 percent between 2025 and 2029, which will allow it to reach a market value of US$271.9 billion. The largest segment within the cybersecurity market is security services, while cloud security is forecast to experience the fastest growth.
What are the current trends in cybersecurity?
Today's top trends in cybersecurity include improvements in preventing and mitigating attacks against cloud services, growth in internet of things devices, the integration of artificial intelligence and machine learning, multi-factor identification and the increasing threat of deepfakes. Cybersecurity companies addressing these current issues in the market may have an advantage in attracting investor attention.
Which cybersecurity stocks pay dividends?
Very few cybersecurity stocks pay dividends; however, Cisco Systems and Juniper Networks (NYSE:JNPR) are two companies that offer dividend payments to their shareholders. Both pay quarterly dividends, with Cisco sporting an annual dividend yield of 2.7 percent, while Juniper Networks comes in at 2.29 percent. The average annual dividend yield for companies in the overall technology sector is 3.2 percent.
This is an updated version of an article first published by the Investing News Network in 2016.
Don’t forget to follow us @INN_Technology for real-time news updates!
Securities Disclosure: I, Melissa Pistilli, hold no direct investment interest in any company mentioned in this article.
Keep reading...Show less
08 January
Cybersecurity Market Forecast: Top Trends for Cybersecurity in 2025
In today’s digital world, cybersecurity is not just important — it's essential.
An alarming rise in cyberattacks is fueling demand for cybersecurity solutions; 2024 brought data breaches targeting large corporations such as AT&T (NYSE:T), Fidelity, Dell (NYSE:DELL) and Snowflake (NYSE:SNOW), and in January 2025, the US accused China of hacking into the Office of Foreign Assets Control and the Department of the Treasury.
Not only is the frequency of cyberattacks growing, but they are also costing companies more. In 2023, IBM (NYSE:IBM) found that during the previous year the average data breach cost was US$4.45 million.
A 2024 IBM report reveals that the price of a data breach had risen to US$4.88 million between March 2023 and February 2024, primarily due to business disruptions and post-breach recovery efforts.
With cyber threats becoming increasingly sophisticated and the cost of incidents skyrocketing, what investment opportunities are available for those looking to capitalize on this critical and growing market?
Market research paints a compelling picture. MarketsAndMarkets projects the size of the global cybersecurity market will reach US$298.5 billion by 2028, rising at a compound annual growth rate (CAGR) of 9.4 percent from 2022. Grand View Research sets the bar even higher, projecting a market value of US$500.7 billion by 2030. Both firms highlight emerging opportunities in the areas of artificial intelligence (AI) and machine learning for threat detection and response.
North America, which is currently dominating the cybersecurity market, is poised for continued growth. In the US, Statista projects revenue growth at a CAGR of 7.12 percent between 2025 and 2029.
Meanwhile, Mordor Intelligence estimates Canada’s cybersecurity sector will reach US$24.23 billion by 2030.
AI a double-edged sword for cybersecurity
AI advancements are changing the threat landscape, requiring AI-powered cybersecurity solutions. While AI offers powerful tools to combat cybercrime, it also empowers malicious actors with new and sophisticated methods of attack.
The IBM report highlights a concerning trend: personally identifiable information from customers remains the most common target for cybercriminals. AI amplifies the potential damage that can be caused by personally identifiable information breaches, as attackers now have more tools to leverage this information.
The report also notes that, despite the benefits of AI and automation in reducing breach costs, only 12 percent of organizations say they have fully recovered from a data breach. Experts see AI-powered attacks — along with ransomware, supply chain attacks, deepfakes and cloud jacking — as major cybersecurity threats in the coming years.
The weaponization of AI, such as the use of deepfakes and AI-replicated voices, also poses a growing threat, as Mark Fernandes, global chief information security officer at CAE, emphasized at the Toronto Global Forum. This trend is substantiated in a Financial Times article that examines AI-generated phishing attempts targeting corporate executives.
Additionally, IBM found that shadow data, which is unmanaged data within organizations, was involved in 35 percent of breaches and led to higher costs and longer breach lifecycles. A multi-layered approach combining various technologies and strong data governance practices is crucial for effectively managing shadow data risks.
Modern cybersecurity programs leverage a combination of AI-powered solutions.
AI-driven attack surface management provides continuous visibility into potential vulnerabilities, while AI-powered security information and event management (SIEM) automates threat detection. AI also enhances posture management by enabling automated red-teaming exercises to proactively identify weaknesses.
Palo Alto Networks (NASDAQ:PANW), for example, offers a platform approach with Prisma Cloud, integrating AI across various security domains, including network security, cloud security and security operations. The company projects its security offerings will lead to continued growth in the second quarter of 2025 after expanding its offerings to the industrial sector and acquiring a cloud-based version of IBM’s AI-enabled QRadar SIEM.
For its part, CrowdStrike Holdings (NASDAQ:CRWD) progressively incorporated AI into its SIEM offerings in 2024.
The firm unveiled new AI-powered functions for its Falcon Next-Gen SIEM platform in May 2024, and then upgraded the model in July by integrating generative AI with its Falcon Complete Next-Gen MDR service, which co-monitors the IT environment with data collected by its SIEM system. Despite experiencing a major outage in July caused by a faulty update to the Falcon sensor software, CrowdStrike was named a leader and outperformer in the 2024 GigaOm Radar Report for Ransomware Prevention, with multiple research firms also recognizing it as an innovator in this sector.
In addition, AI can now simulate attacks to identify vulnerabilities. In May 2024, IBM announced new X-Force Red testing services that use generative AI techniques to identify and mitigate vulnerabilities.
AI-driven automation that continuously analyzes security posture and recommends improvements helps ensure optimized defenses. However, organizations must extend their security posture management to encompass the AI models themselves. In AI-powered applications, a rising security risk is prompt injection attacks, where attackers insert malicious instructions to control AI models. Recognizing this need, Cisco Systems (NASDAQ:CSCO) moved to buy Robust Intelligence, a company specializing in protecting AI systems, in September 2024.
According to a press release announcing the deal, the purchase will “serve as a safety layer for Cisco Security Cloud, providing AI applications and models with default protection.”
The power of blockchain in cybersecurity
Blockchain offers unique capabilities for securing data, building trust and enhancing resilience through its secure and immutable record of transactions. Each block in the chain contains transaction data and a unique hash, relying heavily on cryptography to ensure data integrity and prevent tampering. This is particularly crucial in the realm of cryptocurrencies, where encryption prevents double spending and secures the transfer of funds.
This gives blockchain technology major applications in securing digital identities, transactions and supply chains. Recognizing its potential, tech companies are investing in blockchain cybersecurity.
Major tech firms Microsoft (NASDAQ:MSFT), Amazon (NASDAQ:AMZN), Oracle (NYSE:ORCL) and IBM are all making significant contributions to the field of blockchain cybersecurity.
Microsoft’s Azure Confidential Ledger provides a highly secure environment for storing sensitive data, while Amazon, IBM and Oracle all offer enterprise-grade blockchain platforms and services to facilitate the development of secure applications for various use cases, including supply chain management and data sharing.
Companies like privately-held Guardtime are developing solutions to address existing challenges to implementing blockchain with cybersecurity, such as scalability issues faced by traditional blockchains like Bitcoin.
Guardtime’s Keyless Signature Infrastructure (KSI) is based on a special kind of Merkle tree — a data structure that allows for efficient verification of data integrity without needing to download the entire blockchain — called a hash calendar, which only records the hashes of data at specific time intervals.
In addition to drastically reducing storage needs, KSI doesn't rely on a proof-of-work consensus mechanism, eliminating the need for energy-intensive computations without compromising the speed of transaction processing.
The quantum leap in cybersecurity
Quantum computing, an emerging technology, utilizes the principles of quantum mechanics to perform calculations beyond the capabilities of traditional computers.
Quantum computing is based on qubits, which can exist in a state of superposition (being in multiple states at once until measured), unlike classical bits, which can be expressed as either 0 or 1. This allows quantum computers to process more data in less time than it would take traditional computers, giving them the potential to revolutionize cryptography.
Although NVIDIA (NASDAQ:NVDA) CEO Jensen Huang has suggested that “very useful quantum computers” are likely still 20 years away, quantum computing poses both risks and opportunities for cybersecurity.
Dr. Michele Mosca from the University of Waterloo's Institute for Quantum Computing argues that while quantum computing may initially appear to threaten cybersecurity by potentially breaking current encryption, it also presents an opportunity to establish stronger and more resilient security foundations for the digital economy.
Google (NASDAQ:GOOGL), a leader in quantum computing research since 2014, and the first to claim quantum supremacy in 2019, achieved a breakthrough with its Willow quantum processor at the end of 2024, when it demonstrated significantly improved error correction and scalability in quantum computing.
This brought the possibility of potentially breaking current encryption methods closer to reality, and underscored the urgency of developing and implementing quantum-resistant solutions.
While established players such as IBM continue to advance quantum computing with platforms like Qiskit, new entrants like Quantinuum, backed by investors including JPMorgan Chase (NYSE:JPM), are emerging to build quantum computers and develop applications for them. Other companies, such as PQShield, ISARA and SandboxAQ, are developing post-quantum cryptography solutions using mathematical algorithms that are believed to be resistant to attacks from both classical and quantum computers. SandboxAQ, which began as a team within Google, held its latest US$300 million funding round in December, bringing its valuation to US$5.3 billion.
Investor takeaway
The cybersecurity market is a compelling area to watch in 2025. Investors should focus on companies that are adapting to emerging trends, driving innovation and fostering collaboration to protect the future of the digital landscape.
Don’t forget to follow us @INN_Technology or real time updates!
Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.
Keep reading...Show less
07 January
Top 5 NASDAQ Cybersecurity Stocks (Updated January 2025)
Security is becoming a growing global concern, both online and off.
Diverse companies are stepping up to provide solutions for individuals and businesses, and some of them are seeing impressive share price gains as they meet increasing demand for consumer safety.
Emerging quantum computing technology is a rising source of concern for cybersecurity, as quantum computers may be able to break the cryptographic methods currently used for encryption.
With this landscape in mind, the Investing News Network is profiling the top cybersecurity stocks on the NASDAQ by share price performance year-on-year. Data was generated on January 6, 2025, using TradingView's stock screener, and all details were current at that time. Cybersecurity companies with market caps above US$50 million were considered.
1. SEALSQ (NASDAQ:LAES)
Year-on-year gain: 475.91 percent
Market cap: US$767.01 million
Share price: US$7.89
SEALSQ specializes in semiconductors, public key infrastructure and post-quantum technology. Its parent company is WISeKey International Holding, another cybersecurity company on this list.
SEALQ is developing post-quantum cryptography methods that will be secure against threats from quantum computers. The company plans to launch its quantum-resistant hardware platform QS7001 in 2025.
After trading fairly flat for much of 2024, SEALSQ saw its share price take off strongly in the final weeks of the year, with gains continuing into 2025. The stock reached a yearly high of US$9.08 on December 27.
The company has achieved a number of milestone events that have increased its value in the eyes of investors.
In mid-December, SEALSQ announced several partnerships for its technology, including one with distributed ledger technology company Hedera. Hedera will use the cybersecurity firm's quantum-resistant chips to support the long-term security of its blockchain network. The partners' technology will also be a part of a January satellite launch with another WISeKey subidiary, WISeSat.Space; this is discussed further in WISeKey's entry on this list.
2. WISeKey International Holding (NASDAQ:WKEY)
Year-on-year gain: 449.04 percent
Market cap: US$101 million
Share price: US$10.04
WISeKey International Holding is a global cybersecurity, artificial intelligence (AI) and internet of things technology company. The company's share price also traded sideways for most of 2024 before a seeing a substantial rally to close out the year. The stock hit a high for the year of US$13 on December 26.
Like its subsidiary SEALSQ, WISeKey made announcements in December that attracted attention from investors. The company confirmed on December 13 that satellites from its subsidiary WISeSat.Space will be part of a January 2025 SpaceX satellite launch from the Vandenberg Space Force Base in California, US. The satellites are equipped with SEALSQ’s post-quantum chips and partner Hedera's blockchain technology.
Early in 2025, WISeKey plans to bring to market its Quantum RootKey advanced cryptographic technology “designed to secure digital identities, systems, and communications against the imminent threat posed by quantum computing.”
3. Allot (NASDAQ:ALLT)
Year-on-year gain: 346.45 percent
Market cap: US$265.44 million
Share price: US$6.91
Allot offers network intelligence and security-as-a-service (SECaaS) solutions for service providers around the world. This includes: network and application analytics; traffic control and shaping; and network-based security services.
Shares of Allot experienced a gradual rise over the past year before heating up in the fourth quarter and into 2025. The stock’s yearly high of US$6.90 came on January 6 of the new year.
In its Q3 2024 financial report, Allot highlights revenues of US$23.2 million, up 5 percent over the previous quarter and up 3 percent year-on-year. This was led by growth in its SECaaS segment, which saw revenue of US$4.7 million, a 69 percent year-on-year jump. In recent weeks, the company has inked service agreements with key broadband providers, including Japan’s Asahi Net, Portugal’s MEO and British telecommunications firm Vodafone UK.
4. Arqit Quantum (NASDAQ:ARQQ)
Year-on-year gain: 258.14 percent
Market cap: US$480.03 million
Share price: US$38.30
Arqit Quantum is a quantum-safe encryption technology company that supplies an encryption platform-as-a-service, “which makes the communications links of any networked device, cloud machine or data at rest secure against both current and future forms of attack on encryption — even from a quantum computer.”
After seeing a share price bump in the first quarter of 2024, shares of Arqit traded on a gradual downward slope until the fourth quarter. The stock reached a yearly high of US$43.83 on December 26.
In September, Arqit was named a 2024 International Data Corp (IDC) innovator for post-quantum cryptography, becoming one of only five vendors recognized by IDC for providing potential quantum cyberattack solutions.
In its 2024 fiscal year report for the period ended on September 30, Arqit reported revenue of US$293,000. Heading into 2025, the company is set to begin revenue generation through a multi-year enterprise license contract with a government end user, with annual recurring revenue totaling seven figures.
5. OneSpan (NASDAQ:OSPN)
Year-on-year gain: 90.8 percent
Market cap:US$716.13 million
Share price: US$18.85
OneSpan provides security, identity, electronic signature and workflow solutions to secure digital agreements and business transactions. Its customers include global blue-chip enterprises and over 60 percent of the world’s largest 100 banks. Its shares have climbed over the past year to reach a yearly high of US$19.38 on December 16.
In October 2024, the company introduced a new phishing-resistant transaction security solution. It’s designed to “strengthen protection against phishing and account takeover threats, setting a standard for banking security.”
The following month, OneSpan announced a partnership with Ping Identity in which Ping Identity will offer OneSpan's password-free authentication solutions through its partner program.
“By partnering with Ping Identity, we’re making it easier for organizations to leverage high assurance hardware-based authentication with Ping Identity’s market-leading identity management solutions,” said Giovanni Verhaeghe, OneSpan's senior vice president of corporate and business development.
In its Q3 2024 financial report, OneSpan reported a subscription revenue increase of 29 percent year-on-year to US$33.6 million. Annual recurring revenue increased 9 percent year-on-year to US$163.9 million. Overall, total revenue was down 4 percent year-on-year to US$56.2 million. In mid-December, the company declared that a quarterly cash dividend of US$0.12 per share will be paid to shareholders on February 14, 2025.
Don't forget to follow us @INN_Technology for real-time updates!
Securities Disclosure: I, Melissa Pistilli, hold no direct investment interest in any company mentioned in this article.
Keep reading...Show less
17 December 2024
Growing AR Automation Market Offers Fintech Investing Option
In today's rapidly evolving business landscape, businesses are increasingly relying on accounts receivable (AR) automation, a technology revolutionising cashflow management and customer payments, to efficiently manage financial processes and streamline operations. This trend presents a unique opportunity for investors eyeing the next big wave in financial technology.
The pressing need for efficiency in financial processes, coupled with the complexities of global commerce, has created a fertile ground for innovation and growth in the AR automation sector.
Market indicators point to substantial growth potential in this arena. With projections suggesting a doubling of market size within the next decade, AR automation technology companies are poised to capture significant value.
AR automation landscape
AR automation platforms are designed to streamline the process of managing and collecting payments from customers. These systems leverage advanced technologies to help organisations significantly reduce manual tasks, accelerate collections and improve overall cashflow management. The benefits extend beyond mere efficiency; they contribute to better financial health and strategic decision-making capabilities for businesses of all sizes.
The automation of AR processes offers several key advantages:
- Reduction in manual data entry and associated errors
- Faster invoice processing and delivery
- Improved accuracy in payment reconciliation
- Enhanced visibility into cashflow and financial forecasting
- Better customer relationships through consistent and professional communication
Cross-border transactions and complexity
As businesses expand globally, the complexity of managing international payments increases exponentially. Educational institutions and enterprises with a global client base face particular challenges in this arena. The intricacies of dealing with multiple currencies, varying payment methods, and diverse regulatory requirements can be daunting.
AR automation platforms, such as those offered by IODM (ASX:IOD), are specifically designed to address these challenges. By seamlessly integrating with existing accounting systems, these platforms can handle the nuances of international transactions, ensuring smooth operations across borders. This capability is particularly valuable for universities managing tuition payments from international students and for businesses engaged in global commerce.
Market demand and growth potential
The demand for AR automation solutions is surging, driven by the increasing cost of doing business, the need to remain competitive and improve cashflow. This trend is particularly pronounced in sectors like education and global commerce, where the volume and complexity of transactions necessitate sophisticated management tools.
Recent market research paints a compelling picture of the growth potential in this sector:
- The global AR automation market is projected to grow from US$3.2 billion in 2021 to approximately US$6.5 billion by 2030, reflecting a compound annual growth rate (CAGR) of about 10 percent.
- Some forecasts suggest the market could reach US$6.7 billion by 2032, with a CAGR of 10.18 percent from 2024 to 2032.
This robust growth trajectory underscores the increasing recognition of AR automation as a critical tool for modern businesses. For investors, this represents a significant opportunity to participate in a sector that is fundamentally reshaping financial operations across industries.
IODM: Targeted strategy
IODM, an Australian company founded in 2008, exemplifies the trends and opportunities in the AR automation space. The company’s flagship platform, IODM Connect, leverages cutting-edge technology to enhance cashflow management for medium to large enterprises.
IODM's successful track record in handling international payments and forming strategic partnerships has positioned it as a significant player in the market. The company's focus on addressing the needs of sectors dealing with complex cross-border transactions, such as universities and large enterprises with international clients, demonstrates the targeted approach that successful AR automation providers are taking.
Key features of IODM's solution that address specific sector needs include:
- Integration of machine learning and robotic process automation
- Seamless integration with existing accounting systems
- Customisable workflows to match unique business processes
- Multi-currency support for international transactions
As IODM continues to expand its global presence, with offices across Asia, Europe and the USA, it serves as a prime example of the growth potential within the AR automation sector.
Investor takeaway
The rising importance of AR automation in modern business is clear. As companies increasingly recognise the benefits of streamlining their financial processes, the demand for sophisticated AR automation solutions is set to grow substantially. This trend is particularly evident in sectors dealing with complex, cross-border transactions, such as education and global commerce.
For investors, the AR automation market presents a compelling opportunity, with projected growth rates indicating a doubling of market size within the next decade. Companies at the forefront of this technology stand to benefit significantly. Providers that can offer tailored solutions for specific industry needs are well positioned to capture a share of this expanding market.
This INNSpired article is sponsored by IODM (ASX:IOD).This INNSpired article provides information which was sourced by the Investing News Network (INN) and approved by IODM in order to help investors learn more about the company. IODM is a client of INN. The company’s campaign fees pay for INN to create and update this INNSpired article.
This INNSpired article was written according to INN editorial standards to educate investors.
INN does not provide investment advice and the information on this profile should not be considered a recommendation to buy or sell any security. INN does not endorse or recommend the business, products, services or securities of any company profiled.
The information contained here is for information purposes only and is not to be construed as an offer or solicitation for the sale or purchase of securities. Readers should conduct their own research for all information publicly available concerning the company. Prior to making any investment decision, it is recommended that readers consult directly with IODM and seek advice from a qualified investment advisor.
Keep reading...Show less
Latest News
Latest Press Releases
Syntheia Announces First 1,000 Subscriptions
14 February
Related News
TOP STOCKS
American Battery4.030.24
Aion Therapeutic0.10-0.01
Cybin Corp2.140.00
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.