Damage related to cybercrime is projected to hit $6 trillion annually by 2021, up from $3 trillion in 2015. In 2017, the cost of lost business globally for U.S. companies was $4.13 million per company. The average cost of cyber crime increased by over 27%, with organizations spending nearly 23% more than 2016, on average about $11.7 million. In addition, attacks involving cryptojacking increased by 8,500%. As a result, Cybersecurity spending is estimated to exceed $1 trillion from 2017 to 2021.
Visium Technologies, Inc. (OTC:VISM) is a high-growth, emerging technology company focused on Cybersecurity, Mobility, Big Data, Cloud, Smart Cities, and the Industrial/Internet of Things (IOT and IIOT).
Their mission is to acquire, integrate, and provide innovative and state-of-the art technologies that empower businesses to visualize and understand the complete operating landscape of their enterprise, data, and technology risks. They hold an exclusive cybersecurity license from George Mason University backed by 9 patents, and this Proprietary technology solves some of the biggest problems in the Cybersecurity space.
This is a huge opportunity to take advantage of an early stage investment opportunity, as Visium’s future potential is not yet reflected in the Company’s market value, and there is certainly significant potential upside in valuation.
Public company valuations in the cybersecurity space tend to average 8- 12x revenue, and Visium has a significant sales pipeline in excess of $5MM in the next 12 months alone. Projected annual revenues in the next 5 years are over $33MM.
This could be a huge win for those with the foresite to get in early.
Positioned for Explosive Growth
Visium is targeting thousands of companies which are required to have cyber-security certification in order to comply with the US Government. Visium’s strategy is to identify those government contractors, as well as corporate and commercial businesses needing to improve their cyber posture. We believe that there is tremendous untapped potential to grow from government into commercial sales.
Visium is backed up by a seasoned management team that consists of world class thought leaders and recognized experts in cybersecurity. They have also acquired powerful research partnerships with MITRE, George Mason Center for Secure Information Systems, University of Maryland and Fraunhofer Center for Experimental Software Engineering.
The cybersecurity sector has extremely favorable long-term growth prospects and regulatory and technology changes provide an increasingly attractive environment for growth. With the cybersecurity industry projected to grow from $153BB in 2018 to $250BB by 2022, it is safe to say that Visium has positioned themselves for accelerated growth in an extremely attractive sector.
Visium’s Core Assets
Threat Surface Solutions Group (TSSG)
TSSG, a wholly owned subsidiary based in Fairfax, VA, is a proactive cybersecurity/ penetration testing and systems integration company. TSSG offers solutions that mitigate the cyber risk of products, drone detection and mitigation, IT Networks and IoT/IIoT/V2X/CANBUS devices.
Threat Surface Solutions Group is the exclusive cooperative partner with SGS-TÜV Saar GmbH, the world leader in testing, verification, verification and certification, to provide global Automotive Cybersecurity training and services.
TSSG offers unique comprehensive solutions through its products to protect connected devices, mitigating the liability of manufacturers and protecting consumers from possible catastrophic loss.
Cauldron is a Patented Cybersecurity Tool developed by George Mason University that enables you to visualize and prioritize remediation of technology risks saving time and money in protecting and securing your most valuable assets.
Visium was granted exclusive license to commercialize and modernize Cauldron. Cauldron enables users to visualize network vulnerabilities, identify where to configure networks and remove previously unseen threats like Zero-Day Attacks. It enables users to quickly and effectively visualize threats and continuously improve an organization’s network security posture.
Businesses want to be able to design networks to improve efficiencies with security already built in, generate security reports of the current landscape, remediate immediate security threats and direct teams to work smarter to secure the enterprise. Cauldron accomplishes all this while having tremendous synergy with TSSG’s technology and network risk assessment capabilities to deliver identification and remediation solutions to customers worldwide.
Cyber attack incidents increase exponentially every year. According to Symantec, a new Zero-Day attack was discovered each day in 2015. Cauldron helps businesses identify these types of threats to prioritize remediation.
With projected annual revenues steadily growing from $3.5 MM to $33MM in the next 5 years, and the team and technology to back it up, we believe OTC:VISM could be a homerun for early buyers who want to take advantage of the fact that the future potential is not yet reflected in the Company’s market value.
It is estimated that cybercrimes will cost $6 trillion per year worldwide by 2021, and businesses experience attacks every 40 seconds. Cybersecurity spending is estimated to exceed $1 trillion from 2017 to 2021. The cybersecurity sector is just getting warmed up, and we believe Visium will be at the reaping the rewards of being at the forefront of this growth.
Wholesalestockmarket.com has entered into an agreement with Oasis Marketing Services to host this advertorial for a fee of $200.00 for a period starting November, 2018. We own zero shares of (OTC:VISM) which we purchased in the open market. We may buy or sell shares of (OTC:VISM) in the open market at any time, including before, during or after the advertorial.