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ALSO brings CYE’s HyverLight cybersecurity platform to European partners

ALSO has signed CYE to bring its HyverLight platform to its European partners.

European tech service provider, ALSO Holding has partnered with CYE to bring its cloud-based cybersecurity platform, HyverLight to market. Through ALSO’s Cloud Marketplace (ACMP), HyverLight will offer enterprise grade protection for small and medium sized businesses (SMBs) in 90 countries.

"HyverLight is a unique opportunity for our partners,” said Gustavo Möller-Hergt, CEO, ALSO Holding AG.

“The tool offers a comprehensive assessment of their cybersecurity risks, as well as an optimisation and mitigation strategy. Since HyverLight is tailored specifically for SMBs, it enables resellers to expand their as-a-service portfolio and further monetise the digital workplaces,” he added.

According to ALSO, SMBs have witnessed an exponential rise in the volume of cybersecurity attacks, particularly since the onset of COVID. The firm estimates that as many as 43% of all cybersecurity attacks target small businesses.

"Today's cyber attacks can destroy the core of any small and medium sized business, taking many key players out of the market, ultimately having negative repercussions on the larger economy," said Reuven Aronashvili, founder and CEO of CYE.

"CYE provides SMBs with an accurate cybersecurity approach that will assess real threats to their business and provide needed protection without breaking the bank. We are happy to be partnering with ALSO Holding AG to help as many SMEs as possible in their cyber transformation,” he added.

HyverLight is designed to provide automated cybersecurity assessment; covering the entire organisation and third-party vendors. The platform offers a single solution, enabling companies to prevent attacks before they occur and gain insight as to where limited resources should be invested.

The cybersecurity platform consists of three main components: Attack Surface Tracker, Azure Security Tracker and Internet Perimeter Tracker.