Mr. Sai Huda reports

CYBERCATCH ANNOUNCES STRATEGIC PARTNERSHIP WITH IDEAHUB SOLUTIONS WHICH COMMITS TO MARKETING INVESTMENT AND ATTAINMENT OF 20,000 CUSTOMERS IN ASIA-PACIFIC REGION TO MEET CYBERSECURITY DEMAND

Cybercatch Holdings Inc. has arranged a strategic partnership with IdeaHub Solutions, a leading digital transformation company serving Asia-Pacific.

Under the partnership, IdeaHub Solutions is committing to $300,000 (U.S.) to market Cybercatch solutions in the Asia-Pacific region, with an emphasis in Philippines, Indonesia, Malaysia, Singapore and Thailand, and attain 20,000 customers within the next two years.

The Asia-Pacific region is experiencing significant increase in data ex-filtration and ransomware attacks from adversary nation-states and criminal gangs -- 59 per cent have experienced a cyber incident, out of which 32 per cent have suffered multiple incidents, according to Kroll's state of incident response report for Asia-Pacific.

"Cybercatch has developed a highly effective solution set and IdeaHub Solutions is thrilled to commit $300,000 (U.S.) to market and bring the innovative solution set to Asia-Pacific region. We look forward to attaining 20,000 customers for Cybercatch within next two years. It is a must-have solution and timing is optimal for the Asia-Pacific market," said Chito Lucero, founder and chief executive officer, IdeaHub Solutions.

"Cybercatch is delighted to partner with IdeaHub Solutions to provide our unique, AI [artificial intelligence]-enabled continuous cybersecurity compliance and risk mitigation solution set to customers in Asia-Pacific. Now thousands of organizations in the region can efficiently and effectively implement the necessary cybersecurity controls to stay safe," said Sai Huda, founder, chairman and CEO, Cybercatch.

About Cybercatch Holdings Inc.

Cybercatch is a cybersecurity company that provides a proprietary, artificial-intelligence-enabled (AI) software-as-a-service (SaaS) solution that enables continuous compliance and cyber risk mitigation to organizations in critical segments so they can be safe from cyber threats. The Cybercatch platform focuses on solving the root cause of why cyberattacks are successful: security holes from control deficiencies. It first helps implement all mandated and necessary controls, then the platform automatically and continuously tests the controls from three dimensions (outside in, inside out and social engineering) to find control failures so one can fix them promptly to stay compliant and safe from attackers.