“Cybervergent is Locally Relevant and Global Competitive” – Omotosho
Cybervergent has rejigged its operations to focus on cybersecurity landscape in Africa and beyond.
With the latest development, Cybervergent has become a locally relevant and global Competitive company that provides automated, AI-powered cybersecurity solutions, to some of the biggest organisations you can ever think about.
Speaking during a media parley at Cybervergent’s headquarters in Lagos, Adetokunbo Omotosho, the Co-founder and Chief Executive Officer, said they have enormous investments as part of their quest to meet the clients’ cybersecurity needs.
Cybervergent recently pivoted from cto Cybervergent, a pioneering technology company dedicated to revolutionising the cybersecurity landscape in Africa.
“This strategic shift marks a significant milestone in our unwavering commitment to pioneer the Africa’s cybersecurity through innovation, automation, and all-encompassing scaled solutions”, said Omotosho.
“For us, Cybervergent represents not just a name change; it embodies the convergence of cutting-edge technology, visionary leadership, and our resolute commitment to safeguarding businesses in the digital age on the continent, starting from Nigeria, Africa’s largest economy.
He said that Cybervergent’s intervention will help to curtail losses incurred by businesses in Nigeria, Africa and beyond as they presently offer services to organisations in three continents.
Meanwhile, this report indicates that in 2018 alone, commercial banks in Nigeria lost a cumulative N15 billion ($39 million) to electronic fraud and cybercrime.
This was a 537 per cent increase on the N2.37 billion loss recorded in 2017. In the same period in 2018, over 25,043 bank customers and depositors lost N1.9 billion to cyber fraud, rising by 55 per cent from the previous year’s 17,600.
“With our refreshed brand identity, we are poised to evolve the cybersecurity landscape, offering a comprehensive suite of solutions designed to thwart cyber threats, streamline security operations, and enhance overall business resilience”.
The CEO said that they are setting a new standard in the cybersecurity space with the advanced automated platform leveraging artificial intelligence and machine learning algorithms.
This innovative approach, Omotosho said, empowers businesses to fortify their digital assets, detect real-time threats, and respond swiftly to evolving cyber breaches.
Through its proprietary technology, the company ensures seamless integration, allowing organisations to proactively protect their networks, data, and applications from malicious intrusions.
“Our rebranding to Cybervergent signifies a transformative journey from advisory services to a technology powerhouse. Now, our specialised focus on cybersecurity enhances our capabilities to provide tailored, automated solutions addressing the unique challenges faced by modern businesses.
“Cybervergent’s team of seasoned experts and engineers is dedicated to staying ahead of cyber threats, ensuring that businesses are shielded from the ever-evolving digital risk landscape”, he added.
Recently, Cybervergent was certified in the Platinum category by the Great Place to Work Institute following the completion of a full assessment of our work environment and outstanding employee experience.
The award, which is a measurement of an organisation’s Trust Index score, underscores the company’s commitment to the employees as they remain a key driver of its successes.
