CYDEF selected as a leader in the global cybersecurity market by CyberTech100.
CYDEF Named to CyberTech100
Ottawa, Canada, June 29, 2021 — CYDEF, a leading provider of advanced cybersecurity solutions, announced recent recognition as one of the world’s most innovative CyberTech companies.
FinTech Global’s second annual CyberTech100 list identifies the most innovative digital solutions providers offering cybersecurity solutions to the financial services sector. FinTech Global, a specialist research firm, initiated the list to support financial services firms in developing their information security and financial crime-fighting strategies.
“CYDEF is delighted to be recognized in the CyberTech100 for 2021. We’re thrilled to be joining the world’s most innovative CyberTech companies that support the financial services industry,” said Steve Rainville, CEO. “The CYDEF team has worked hard to deliver advanced cybersecurity solutions to the global marketplace. This acknowledgment by the CyberTech100 recognizes the effort put in by our team to establish a world-class service.”
Over the last four years, the financial services sector has widely adopted cloud-based infrastructure. As a result, firms are dedicating significant resources to secure their digital infrastructure initiatives. The total annual investments in the sector grew from $0.7 billion in 2016 to over $6.2 billion in 2020.
In an effort to ease the burden of vendor selection, FinTech Global established a panel of analysts and industry experts to select the top-performing CyberTech companies around the globe.
“Security executives working in financial services need to be aware of the latest innovation and threats in the market to protect client and company data as well as fend off cyber and financial criminals,” said Richard Sachar, Director at FinTech Global. “The CyberTech100 list helps them do just that and identify new technologies which will have a lasting impact on the industry and attackers’ behaviour.” For more information about CYDEF, visit cydef.ca. To learn more about the CyberTech100, detailed information for each company is available to download at CyberTech100.com.
Co-Founder & Chief Operating Officer
CYDEF provides advanced cybersecurity threat detection, prevention, education, and incident response solutions for organizations of all sizes. CYDEF leverages decades of security operations, military, and engineering experience to deliver AI and machine learning powered solutions that detect and respond to otherwise unrecognizable attacks from commercialized exploit toolkits and zero-day vulnerabilities.
Our solutions thwart the attack vectors used by cybercriminals to conduct ransomware and other types of attacks. Just as importantly, our solutions are designed to be accessible and affordable by organizations of all sizes.
Learn more about our mission to deliver cybersecurity for all at: https://cydef.ca/