In today’s hyperconnected world, running a business is more difficult than ever. In addition to traditional challenges, we now have to contend with cybersecurity threats to sensitive data such as customer information and company intellectual property. Any compromise of this data could close a business down. Every day, the media features many stories of individuals and companies who have been hacked or otherwise compromised. There are existing cybersecurity options available, but they are generally out of reach for SMEs due to cost and complexity.
“The timing is really good. People are more aware and want to know more. There is a general awareness of the risks while operating a business in today’s digital landscape, and more people are open and interested in protecting themselves.”
zabu is a cybersecurity company building user-focused tools for small to medium sized companies. They are developing an easy to understand automated assessment which takes human and technology factors into account to create a composite cyberrisk score, similar to a credit score. This score empowers executives to visualize, understand, and reduce their company’s cyberrisk exposure, making cybersecurity accessible and relevant to everyone.
“The Accelerator Centre has helped us form a strong foundation for our business. The expertise, perspective and support from our mentors and from the program itself have allowed us to achieve far more than we could have on our own, especially in this short period of time.”
zabu co-founders Kathryn and Derek not only had complementary business skillsets, they also had a passion for simplifying complex issues such as cyberrisk exposure and helping people make better decisions. They recognized that small and medium businesses were not being served by the existing costly and complex cybersecurity tools, and created zabu to focus specifically on that market.
zabu is continuing to develop the product and looking forward to launching a closed field test in January of 2018, and is still accepting companies that would like to participate.
“We are passionate about providing clarity and empowering business owners to take control of their cybersecurity.”
– Derek Wong
Learn more about the Accelerator Centre and Phase One of the Accelerator Program on our website.