CyberCatch Launches No-Application Cyber Insurance for CMMC Compliance

CyberCatch Holdings Inc ( (TSE:CYBE) ) has shared an announcement.

CyberCatch Holdings, Inc. has announced a new benefit for businesses using its cybersecurity solution: a no-application cyber insurance policy. This initiative is particularly aimed at U.S. defense sector businesses required to comply with the new CMMC Level 1 standards. Partnering with CMR Risk & Insurance, CyberCatch will enable businesses to quickly achieve compliance and obtain discounted cyber insurance, addressing a significant gap for small- and medium-sized enterprises in the defense sector. This innovative solution is expected to provide enhanced protection and risk mitigation for businesses, marking a significant development in the cybersecurity landscape.

More about CyberCatch Holdings Inc

CyberCatch Holdings, Inc. is a cybersecurity company that offers an AI-enabled Software-as-a-Service (SaaS) platform focused on compliance and cyber risk mitigation. The platform helps organizations in critical segments protect themselves from cyber threats by addressing security holes from control deficiencies and continuously testing controls to stay compliant and safe from attacks.

YTD Price Performance: 50.0%

Average Trading Volume: 30,288

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$10M

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