Cloudbric Sets Eyes On European Market Through Partnership With SQNetworks
(PRWEB) January 18, 2019 -- In expanding its web security services to the European market, Cloudbric has just announced its newest partner SQNetworks, a managed security service provider based in the Netherlands that offers a full range of cybersecurity services and business solutions.
Europe is one of Cloudbric’s key target regions in their pursuit of global expansion to meet the growing demand for cybersecurity solutions worldwide. In fact, the Europe cybersecurity market is anticipated to grow 11.3% CAGR and become a USD 47.17 billion market by 2023.
Europe currently holds the second largest market share in the global cybersecurity market and is one of the reasons initiatives like the GDPR have upped the region’s cybersecurity capabilities and cooperation in combating cyberattacks.
The implementation of the GDPR has prompted SMEs and enterprises to comply with comprehensive security standards but has proved challenging, and businesses are incurring more costs for compliance than anticipated.
Accordingly, businesses exposed to cybersecurity threats must look beyond data security compliance regulations to protect their customers. Through this partnership, SQNetworks will look to integrate Cloudbric’s enterprise web application security as a part of a comprehensive cybersecurity suite of services to their existing partnership network and clientele throughout Europe.
Furthermore, as a partner to Chubb, an insurance products and services firm, SQNetworks will strengthen their current portfolio of security products by delivering risk assessment tools and reports in addition to their different Cyber Resilience Services, inclusive of Cloudbric, to Chubb partners. In return this allows Cloudbric to tap into new partner networks and grow its services even further.
“By continuing to expand a full suite of cybersecurity services globally, Cloudbric is helping businesses ensure that high level security is also meeting productivity and efficiency standards. In Europe especially, the stakes are high for data compliance, so we’re committed to reach more users and build and solidify our footprint in the cybersecurity market in the region,” TJ Jung, CEO of Cloudbric, said.
“With the expansion of our services through Cloudbric we see a nice addition to mitigating threats to the rapidly changing cybersecurity landscape. We are therefore proud of the fact that the cooperation with Cloudbric has taken shape and foresee a very large growth of services in the coming years.” Marko van Vliet, CEO of SQNetworks, said.
Since 2017, Cloudbric began to slowly expand its services into Europe and is excited to have SQNetworks onboard as their latest partner.
About Cloudbric
Cloudbric is a decentralized universal security platform featuring enterprise-grade website, mobile device and crypto asset security, as well as access to a community driven threat intelligence database all powered through a new technology called VISION (patent pending). It features one of the most accurate (low false positive rated) security detection engines on the market. Visit cloudbric.com to begin using their website services today.
About SQNetworks
SQNetworks is a cyber security company with a razor-sharp focus on monitoring your business continuity. The cyber security services are always fully in balance with your business objectives. Our experts map out the best available technology worldwide and make it directly applicable to your organization. To facilitate cyber resilience within your organization, you do not need to be a cyber security expert yourself. What distinguishes us in the market that both the business departments and the IT department with the software platform of SQNetworks are able to work together to achieve the business objectives. Cyber security has thus become a mature part of the business. Visit sqnetworks.com to learn more about the Cyber Services of SQNetworks.
Karen Cruz, Cloudbric Corporation, https://www.cloudbric.com/, +82 221256735, [email protected]
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