Zyber takes option agreement to acquire Iota Security

ZYB – Zyber Cybersecurity threats are set to grow in 2016. A recent article by Derek Manky for CNBC states: “In the coming year, hackers will launch increasingly sophisticated attacks on everything from critical infrastructure to medical devices. We are facing an arms race in terms of security.” The rise of cyber hacks correlates with the rise of companies with cyber security solutions. One is ASX listed Zyber Holdings (ASX:ZYB), which listed on the ASX in February. Zyber is building an extensive suite of security solutions to take a large and growing cybersecurity market. According to the company the market is forecast to reach over US$155 billion globally by 2019. Zyber was recently given an option to acquire 100% of Canadian-based Iota Security Inc. Iota’s suite of mobile and Internet…


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