ASX welcomes WhiteHawk: the cybersecurity portal for SMEs
Hey! Looks like you have stumbled on the section of our website where we have archived articles from our old business model.
In 2019 the original founding team returned to run Next Investors, we changed our business model to only write about stocks we carefully research and are invested in for the long term.
The below articles were written under our previous business model. We have kept these articles online here for your reference.
Our new mission is to build a high performing ASX micro cap investment portfolio and share our research, analysis and investment strategy with our readers.
Click Here to View Latest Articles
Whether you’re an individual, a business, a non-profit or government agency, you may be the target of cybercrime in future — if you haven’t already been impacted, that is.
Cybercrime has become a significant threat to companies and national security across the globe. A startling fact that puts this in perspective — the cost of data breaches worldwide is anticipated to reach US$2.1 trillion by 2019.
Once upon a time, this threat was mainly the domain of government and major corporations, but that has ceased to be the case. The risks to small and medium sized enterprises is now significant, as these are often the businesses least likely to have the budget to employ the highest levels of protection.
Junior tech play WhiteHawk (ASX:WHK) listed on the ASX today, in an effort to bring its pioneering cybersecurity marketplace to an even wider audience.
What is WhiteHawk offering?
WHK’s new online marketplace offers a one-stop portal for small and medium sized companies to access tools for cyber security.
The online business to business (B2B) marketplace is the first exchange of its kind, which is designed to assist smaller players in simplifying the issue of cybercrime and how best to manage it. It does this by matching the available tools and services with individual companies as per their needs.
The reach of these tools covers gaps and trends in crime tactics, fraud prevention and migration, and more.
As part of the process, the user is also connected with a ‘Cyber Advisor’. WHK already has over 200 cybersecurity solution vendors on its books, who are linked with companies via a patented algorithm.
It should be noted that this company is in its early stages on the ASX, so investors should seek professional financial advice if considering this stock for their portfolio.
Companies looking to utilise WHK’s marketplace can expect tailored learning, smart buying and access to the best products — as the platform itself utilises machine learning to match customers with tools which fit their needs and budget.
Today’s listing was undertaken following a Prospectus raising that closed November 2017, having raised a considerable A$4.5 million (with an original target of A$4 million) within just 24 hours.
Who is behind Whitehawk’s innovative platform?
A team of former US government and Federal Industry cyber and global risk experts, including the former deputy director of US Naval Intelligence Terry Roberts, are the brains behind WHK’s cybersecurity marketplace.
The company was founded in 2015 by Roberts with a simple goal: ‘To empower a fearless internet’.
The company is also supported by extensive expertise and partnerships in machine learning and data analytics, cyber market management and marketing.
General Information Only
S3 Consortium Pty Ltd (S3, ‘we’, ‘us’, ‘our’) (CAR No. 433913) is a corporate authorised representative of LeMessurier Securities Pty Ltd (AFSL No. 296877). The information contained in this article is general information and is for informational purposes only. Any advice is general advice only. Any advice contained in this article does not constitute personal advice and S3 has not taken into consideration your personal objectives, financial situation or needs. Please seek your own independent professional advice before making any financial investment decision. Those persons acting upon information contained in this article do so entirely at their own risk.
Conflicts of Interest Notice
S3 and its associated entities may hold investments in companies featured in its articles, including through being paid in the securities of the companies we provide commentary on. We disclose the securities held in relation to a particular company that we provide commentary on. Refer to our Disclosure Policy for information on our self-imposed trading blackouts, hold conditions and de-risking (sell conditions) which seek to mitigate against any potential conflicts of interest.
Publication Notice and Disclaimer
The information contained in this article is current as at the publication date. At the time of publishing, the information contained in this article is based on sources which are available in the public domain that we consider to be reliable, and our own analysis of those sources. The views of the author may not reflect the views of the AFSL holder. Any decision by you to purchase securities in the companies featured in this article should be done so after you have sought your own independent professional advice regarding this information and made your own inquiries as to the validity of any information in this article.
Any forward-looking statements contained in this article are not guarantees or predictions of future performance, and involve known and unknown risks, uncertainties and other factors, many of which are beyond our control, and which may cause actual results or performance of companies featured to differ materially from those expressed in the statements contained in this article. S3 cannot and does not give any assurance that the results or performance expressed or implied by any forward-looking statements contained in this article will actually occur and readers are cautioned not to put undue reliance on forward-looking statements.
This article may include references to our past investing performance. Past performance is not a reliable indicator of our future investing performance.
