May 26, 2024

Cyber security start-up launches with a focus on SME businesses

Predatech, a cyber security company, has launched to help protect SME businesses against the growing cyber threat.

According to the Government’s Cyber Security Breaches Survey 2020, cyber attacks are becoming more frequent and sophisticated, with 46% of businesses reporting having a cyber security breach or attack in the last 12 months. Among this group of businesses, some 32% experienced these issues at least once a week in 2020 (up from 22% in 2017).

Predatech offers a range of cyber security testing services, from vulnerability assessments to penetration testing, designed to help businesses discover and fix weaknesses in their security posture. The company has also developed a unique Cyber Defender subscription product designed for SMEs who want their security to be evaluated year-round through a mix of regular vulnerability assessments, phishing simulations and breached credentials reporting alongside access to expert advice and support.

Predatech was founded by Jason Johnson, a CREST Registered Penetration Tester and OSCP, and Michael Fotis, formerly the Founder & CEO of Smart Money People, a software start-up which was acquired earlier this year.

Jason Johnson, Co-Founder and Lead Penetration Tester said, “Most businesses already appreciate that the cyber security threat is growing. But keeping up with this fast moving industry can be difficult, time-consuming and very costly. I’m excited to launch Predatech to help make it easier for businesses of all shapes and sizes to turn the tide on the growing cyber threat. We offer a quality and expert-led service that makes it easy for our clients to focus on what really matters when it comes to strengthening their cyber security.”

Michael Fotis, Co-Founder and Chief Commercial Officer said, “While running Smart Money People it became clear to me that SME businesses are particularly poorly served when it comes to affordable cyber security testing, and they’re no less vulnerable to attack. Predatech is passionate about working in partnership with our clients to help better protect their businesses.

The company serves clients across the UK from its office in Surrey and is actively looking to hire cyber security professionals as it seeks to scale over the next 12 months.