As the digital world moves towards Web3 and the metaverse, this next-gen predictive software will prevent your company from becoming the next cautionary tale about consumer data breaches
Not a week goes by without a significant hack, security breach or cybersecurity scam popping up in our newsfeeds, reminding us that we don’t have to watch dystopian Black Mirror-esque TV shows or movies to experience a world where subversive technology jeopardises our way of life.
From overlooked security exploits in the latest routine Windows updates to Bored Ape Yacht Club NFT hacks and a phishing scam that duped buyers of Monkey Kingdom, one of Hong Kong’s hottest NFT projects, out of US$1.3 million, cybersecurity threats are so commonplace that every digital decision requires research, from diving into the metaverse to something as simple as clicking links in your email or messaging apps.
Hackers are becoming more sophisticated with their methods which means cybersecurity firms must evolve more quickly to stay one step ahead. A 2021 study by Tech Research Asia revealed that 68 per cent of businesses across six Asian-Pacific markets had fallen victim to a data breach, up more than 32 per cent in 2019. More worryingly, some businesses admitted they were facing more than 50 cybersecurity threats a week.
Hong Kong start-up OwlGaze is on a mission to protect companies and their customers from the growing threat of cybersecurity breaches. Backed by IMS Digital Ventures, a prominent venture builder in Asia with a track record of delivering disruptive software companies and platforms, OwlGaze was launched in 2020 to focus on rapidly developing markets in Asia.
OwlGaze’s solution to this cat-and-mouse game of cybersecurity threats and detection is Blacklight. Billed as the first truly predictive AI-powered detection software, Blacklight is a cloud-native AI-powered command centre for cybersecurity that Web3 startups and legacy companies can deploy, implement and scale more quickly and run more efficiently than traditional cybersecurity offerings which often fail to meet the demands of today’s data-intensive business environments.
“We pride ourselves in Blacklight’s software architecture. The AI and machine learning offered goes beyond the legacy software currently on the market. With Blacklight, we don’t just uphold the industry standard, we set it. In the world of cybersecurity, let us not look for ways to rectify but ways to predict attacks.” says Ralph Chammah, CEO of OwlGaze. “Blacklight is the evolving sanctuary for cybersecurity, establishing a revolutionary foundation across APAC, EMEA, and the world.” Amid an explosion of rapidly evolving digital trends and a proliferation of Web3 technology, Blacklight offers real-time detection of cybersecurity threats by integrating numerous data points to perform advanced pattern recognition, enabling security teams to more efficiently uncover cybersecurity threats such as ransomware attacks and sophisticated social-engineering schemes like email phishing scams.
Data privacy is key for upholding brand reputation and consumer trust. Financial impact, brand reputation impact, customer retention impact can all be tied back to protecting data and the privacy of your clients. With Blacklight, OwlGaze offers companies in Hong Kong and around Asia insurance that your consumer data is shielded, protecting your reputation, securing customer trust, and streamlining your cybersecurity costs.
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