RCS - BlackDice Cyber Ltd. - BLACKDICE: PIONEERING AI-POWERED CYBERSECURITY
07/08/2023 12:30
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RNS Number : 5217I BlackDice Cyber Limited 07 August 2023
FOR IMMEDIATE RELEASE
BLACKDICE: PIONEERING AI-POWERED CYBERSECURITY
[UK - August 7, 2023] - BlackDice Holdings Corp. ("BlackDice" or the
"Company"), an emerging leader in cybersecurity, leverages artificial
intelligence (AI) to combat evolving cyber threats. The firm, headquartered in
the United Kingdom, has recently expanded to Spain, and is poised to reshape
the cybersecurity scene with its innovative solutions. As cyber threats
advance, BlackDice is emerging as an industry leader with its AI-powered
solutions, offering unrivaled protection to telecoms businesses and their
subscribers globally.
According to the National Cyber Security Centre (NCSC), small to medium-sized
businesses (SMBs) currently face a 1 in 2 chance of experiencing a security
breach. Cybersecurity Ventures predicts cybercrime could cost businesses a
staggering $10.5 trillion globally by 2025. In line with forecasts from
Statista - an online portal providing data on the global digital economy - the
demand for cybersecurity could drive the sector to a substantial $266.2
billion by 2027, a robust 8.9% CAGR.
"We're introducing and scaling our technology globally in response to growing
cyber threats and increased customer awareness," says Paul Hague, CEO, of
BlackDice. The need for advanced, automated, and AI-enabled cybersecurity
solutions is increasing as the number of online routers reaches 2.5 billion,
with mobile devices expected to hit 18.22 billion by 2025. BlackDice's
solutions protect residential and SMB subscribers, from both external and
internal threats, enhancing threat detection and reducing response times
through AI.
Retina, BlackDice's operator insight technology, deploys Unsupervised Learning
Models deriving data directly from the network, discovering hidden patterns of
behavior and uncovering anomalies that the human eye could never see. Capable
of managing billions of devices, BlackDice's technology enables real-time
threat prediction and immediate neutralization. "Retina's technology captures
and correlates data simultaneously across devices and networks, evolving
alongside the threats, so BlackDice's customers can be confident the detection
is keeping up with the problem," explains Hague. "By integrating with any home
or office router, telecoms operators are armed with unparalleled actionable
insights into the behavior of devices on the network, boosting Average Revenue
Per User (ARPU) and subscriber retention - all while providing the end user
with 24/7 proactive protection from security vulnerabilities on any device
connected to any network and tools for keeping their families and employees
safe - across any network, any device, anywhere".
BlackDice's solution is being deployed globally via integration partners,
embedded directly into their routers and optical network termination ("ONT").
"Our solutions cater to SMBs and personal users, often overlooked by
traditional network providers," says Hague.
According to research from Norton Antivirus in 2022, 3.8 million records are
stolen globally from cybersecurity attacks every day, meaning that
traditional antivirus software and DNS are "reactive and inadequate" according
to Hague. BlackDice's platform, however, offers a proactive approach using
advanced threat intelligence, machine learning, and cloud computing.
Hague emphasizes the Company's mission: "We aim to ensure proactive, safe,
secure, and privacy-preserving digital interactions for individuals, families,
and businesses. This commitment positions BlackDice for continued growth, in
sync with the rising demand for Artificial Intelligence and cyber defense
services."
CEO Hague further explains that the telecoms operator market is "just the
beginning" for BlackDice, with demand coming from other significant markets
including military and defense - demonstrating the scope and scalability for
future growth.
ENDS
For media inquiries, please contact:
Rachael Simpson / rachael@chapterandfable.com
(mailto:rachael@chapterandfable.com)
Company overview:
BlackDice is pioneering the future of AI-powered cybersecurity solutions. Its
commitment to transforming cybersecurity infrastructures through advanced
technology empowers people and organizations to safeguard their digital assets
and information against evolving threats through comprehensive protection and
enhanced security. BlackDice works with Tier 1 and Tier 2 telecom providers to
deliver proactive and adaptive solutions to their customers - who range from
residential subscribers to small and medium-sized businesses. Capable of
monitoring billions of devices at one time, BlackDice's unique platform can
detect unusual patterns that signal a threat or attack is starting to build -
and prevent it before it occurs. Headquartered in the United Kingdom and
Spain, BlackDice serves customers and partners across the globe, providing
expert guidance and support to prevent cybersecurity risks.
More information at: blackdice.io (https://blackdice.io)
Cautionary Note Regarding Forward-Looking Statements
Some of the statements in this press release may be forward-looking statements
or statements of future expectations based on currently available information.
Such statements are naturally subject to risks and uncertainties. You should
not place undue reliance on these forward-looking statements, which speak only
as of the date of this press release. Factors such as the development of
general economic conditions, future market conditions, unusual catastrophic
loss events, changes in the capital markets and other circumstances may cause
the actual events or results to be materially different from those anticipated
by such statements. The Company does not make any representation or warranty,
express or implied, as to the accuracy, completeness or updated status of such
statements. Therefore, in no case whatsoever will the Company and its
affiliates be liable to anyone for any decision made or action taken in
conjunction with the information and/or statements in this press release or
for any related damages.
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