Cy4gate, 600 thousand euro contract for new cybersecurity product

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(Tiper Stock Exchange) – Cy4Gatea company listed on Euronext Growth Milan and active in the cyber intelligence and security market, has signed a contract for the supply of a new proprietary cybersecurity productcalled “SENTRY”, completely made by the company for a primary public body.

The supply, from the value of 600,000 euros and for the duration of one year, uses the most recent technologies and algorithms resulting from multi-year internal investments in Research and Development, with the aim of identify complex and selective cyber attacks which, through unauthorized access with the use of malware, are able to access confidential data or cause harm to the target.

“It’s a good start of the year which will have to see us as protagonists in the sectors of our competence, cyber security and cyber intelligence, with an offer of proprietary products and a corporate structure further strengthened at group level – commented the CEO Emanuele Galtieri – The markets addressed by the technologies produced by the company remain promising in terms of growth, both in Italy and abroad”.

“There differentiation of products, geographies and types of customers (public and private) has made the company resilient and able to better navigate historical periods characterized by economic and geopolitical turbulence that introduce the complex variables of uncertainty and volatility into the business context”, he added.

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