CYBR International

The cost of cybercrime this year will reach nearly twelve trillion dollars.

Why has online crime become so pervasive? Because the “good guys” can’t keep up with the “bad guys.”

Enter CYBR, a cyber-security startup. Using Artificial Intelligence (AI), this company’s technology can detect suspicious activity before a crime even happens. It’s been called a “forward-thinking, disruptive technology” by the FBI. And it’s already being used by Raytheon, IBM, and Amazon.

The stats on cybercrime are alarming. In 2023, nearly one in three Americans fell victim to online financial fraud. Meanwhile, nearly one billion email addresses were exposed, impacting one of every five internet users.

Individuals and companies try to fight back. It’s why Fortune Business Insights projects the global cyber-security market to reach $424 billion by 2030.

But today’s cyber attacks are too frequent and too sophisticated. Roughly three-quarters of cyber-attacks are more advanced than the anti-viral software designed to prevent them from happening.

In order for cyber crime to be thwarted, security solutions must be one step ahead of malicious codes and viruses. That’s where CYBR comes in.

This company has created unique software for government agencies and corporate enterprises. Its software uses AI and machine learning to detect malicious files that other technologies miss. It also offers a suite of cyber-security services, everything from technical support to consulting to specialized vulnerability reports.

The key to CYBR’s software is its ability to identify polymorphic malware. These are threats that constantly change their code to evade detection. Traditional anti-virus software relies on known threat signatures. But the bad guys know this, and use polymorphic malware to slip past these security solutions and cause damage.

CYBR’s solutions are delivered as a cloud-based software-as-a-service (SaaS) platform. Beyond its core scanning product, the company offers a malware information sharing platform (MISP), a threat intelligence portal (this acts as a community-based threat-sharing platform), and a security scorecard — specialized reports detailing a customer’s security status and potential weaknesses.

CYBR generates revenue through sales of its flagship scanning product and through various cyber-security services.

CYBR’s notable customers include the Department of Defense, Department of Transportation, Department of Energy, FBI, and Blue Cross/Blue Shield. Companies like PepsiCo and Nokia have received CYBR’s security scorecards.

Moving forward, CYBR aims to list on the Nasdaq in 2027. To scale toward this goal, the company purchased a thirty-acre campus for federal-security training in 2025. And it’s aiming to expand its presence to the Middle East and North Africa.

Team Background

John Cochran - VP, Business Development

Prior to his work in the cyber-security sector, John was Founder & CEO of Quote3, an online commerce platform for the construction industry.

From there, he became a consultant with CYBR International, the predecessor to CYBR’s current business. He held this role starting in 2013, and took the reins at CYBR in May 2023.

John studied Psychology at Ferrum College.

Joseph Steen - Director

Joseph is retired from a career in the U.S. government, where he worked in intelligence and counterterrorism.

Initially, his involvement with CYBR focused on strategic and tactical issues. He became a director in 2022.

Steen earned a Bachelor’s degree in Political Science and History from Virginia Tech.

Co-Investors