4/20/2023 0 Comments Pterm cyber1 conenctTRINEXIA is the trusted Cyber Security, forensics, gov- ernance, risk and compliance value added distributor of leading solutions across Europe, Middle East, Africa, Southern Africa and India. We have highly skilled and experienced technical teams located in our regional offices in Johannesburg, Cape Town, Nairobi, Dubai and Europe.ĬYBER1 has three main strategic segments: Providing innovative and cost-effective services and solutions requires experienced staff. CYBER1 Solutions employs a significant number of security- certified technical consultants, providing superior knowledge & comprehensive expertise. We are uniquely placed to help customers achieve cyber resilience and thus, safeguard reputation and value. CYBER1 has provided additional resources for technical capabilities across the Group, to facilitate newly acquired commercial territories for key vendors.ĬYBER1 is a multi-product and multi-jurisdictional leader in cyber security advisory and solutions. CYBER1 has started the process for gaining accreditations and building further the infrastructure for its Next-Gen SOC, laying the foundation for a wider commercial scope for engagements in key target regions. Material investment has been made for the implementation of the company's strategy.This has had an impact on EBITDA for the period, as shown above. The in- crease reflects the investment in for the establishment and operation of the Next-Gen Security Operat- ing Centre reference above. Operating Expenditure for Q4 has increased by €905k compared to 2021, an increase of 30%.The company's strategy anticipated this and is addressing it by focusing on the establishment and utilisation of the Next-Gen Security Operating Centre (SOC) offering, combined with innovative vendor partnerships to increase the company's margin. Gross margin for Q4 was at 20%, reflecting the trend in the wider cyber security industry of downward pressure on margins.This has been achieved primarily through additional customer acquisition. Group revenue increased year on year by 38%, from €11,779k in Q4 2021 to €16,242k in Q4 of 2022.Our services enable organisations in every sector to prevent attacks by providing the visibility into vulnerabilities they need to rapidly detect compromises, respond to breaches, and stop attacks before they become an issue.CYBER1 achieves 38% revenue increase for Q4 2022, providing a platform for strategic growth into 2023 To do this, we partner with world-leading security vendors to deliver cutting-edge technologies augmented by our wide range of professional services. We also provide bespoke security services across the spectrum, with a portfolio that ranges from the formulation of our customers’ security strategies to the daily operation of end-point security solutions. Our solutions deliver information security IT risk management fraud detection governance and compliance as well as a full range of managed services. We provide innovative, agile, end-to-end security solutions to support our customers at every step along their security transformations. CYBER1 Solutions is a Cyber Security specialist operating in Southern Africa, East & West Africa, Dubai and Europe.
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