We envision Virevault as a visibility platform to decision makers in guiding them to better risk level information and an automation tool to businesses for seamless risk mitigation implementation.
Current Status
The platform already on beta stage transition from client-based app to web-based app. We use as our internal tool to validate our market. We managed to transact revenue (up to USD100,000.00 to date) on our services through this platform. We also had showcase the product to clients and partners. The platform is being used as a validation tool and also lead generation. We are still fixing the errors and bugs before official launching the platform.
Market
Small Medium Business Manufacturing BFSI
Problem or Opportunity
Cyber Security is very complex to understand. Layered of technology being implemented but still businesses experienced breaches and attacks. Besides, lack of competence people due to shortage of capacity building in the Cyber Security becomes more critical. Cyber Security is also not being addressed as essential process in business governance, hence, it's never get addressed in Board Meeting. You can see everyday even big enterprises, government, banks that are equipped with high-end technology still facing data breaches.
Solution (product or service)
How we addressed this problem by understanding their cyber security current state gap. Through this data, we will provide risk-level that they are exposed to with quick mitigation that are based on compliance standard. e.g. ISO27001. So the businesses can make an informed decision of what's risk they are exposed to, what vulnerabilities that can fix quickly. Besides, we also provide high-level compliance report based on best practices that applicable to businesses.
Competitors
Security ScoreCard Immuniweb Tenable
Advantages or differentiators
Most of the product in the market focuses on Technical Analysis instead of Risk Level and Business Impact. We have to go to multiple platform to get risk level and do compliance checking and googling around on the available solution to address the solution.
Finance
Freemium On-Demand - start from USD50 Subscription - start from USD1000
Business model
B2B Platform for: Businesses to use our platform as an operational tool Consultants to use our platform as a business tool Service Partners to use our platform as a Lead Generation tool
Money will be spent on
60% on resources 20% on marketing 15% on R&D 5% on IP