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Saturday, July 24, 2021

The Powerful Run on CyGraph Cybersecurity Platform Operator Visium Technologies Inc (OTCMKTS: VISM)

Visium Technologies Inc (OTCMKTS: VISM) is making a powerful run up the charts on a massive surge of volume and steady accumulation by investors. The stock eclipsed its October highs and a penny on $3 million in dollar volume and is showing strong support at these new price levels.

MIcrocapdaily reported on VISM back in October after the Company filed an 8k reporting it has paid in full two convertible notes that were plaguing the stock. At the same time, the CEO of the Company starting buying up blocks of stock on the open market according to the filed form 4’s to the tune of about 230 million shares. Visium is pink current recently filing both a 10k and a 10Q; Visium has major multi-national partners such as the George Mason Research Foundation for Cybersecurity Technology as well as Nutanix currently trading for $32 on the NASDAQ Stock Exchange.

Visium Technologies Inc (OTCMKTS: VISM) is a Virginia based company focused on providing innovative cybersecurity solutions to businesses which protect and secure the operating landscape of the enterprise and their data assets. Visium Analytics provides innovative data visualization, cybersecurity technologies and solutions to businesses to protect and secure the operating landscape of the enterprise and their data assets. The Company does this through CyGraph, its proprietary platform and application using hyper-context based mappings that deliver intuitive visualization, root cause determination and remediation.

VISM is led by CEO Mark Lucky, an investment banker and corporate executive who used to work at Axys Pharmaceuticals, Inc (NASDAQ: AXPH) a San Francisco, California-based early stage drug discovery biotech company, PriceWaterhouseCoopers, LLC, COMPASS Management and Leasing, Inc., Mindscape, Inc., The Walt Disney Company and KPMG.

VISM is in a great place for accelerated growth and it expects to see its first significant revenue from CyGraph; the cybersecurity platform that allows its users to quickly turn information into knowledge by providing comprehensive visualization and context. With CyGraph®, network operators are able to have real-time visibility of their security posture and quickly and easily identify potential threats to their assets.

Earlier this year Visium successfully developed its cloud platform to deliver CyGraph via Amazon Web Services. The Company also initiated a corporate strategy to migrate its core CyGraph platform from strictly on-premises deployments to include an AWS cloud Software as a Service solution (SaaS). Visium plans to integrate a GraphBLAS engine into its CyGraph® platform. GraphBLAS is an API specification that defines standard building blocks for graph algorithms in the language of linear algebra.

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The myriad of real-time use cases that will benefit from this new CyGraph® capability includes solution recommendations, data exploitation threat ID, and root cause determination. The GraphBLAS integrations with CyGraph® also enables enhanced Machine Learning (ML) results, by leveraging linear algebra-driven algorithms. With this capability, CyGraph® will be able to predict and rapidly determine exploitation potentials before they actually impact an organization.

Visium’s CyGraph® is now available as a cloud-based security platform through Amazon Web Services. Contact us now for a product demo and schedule your deployment of Cygraph within our fully managed AWS platform to start analyzing your data vulnerabilities like you have never seen before. The real-time security visualization engine allows users to quickly and intelligently proceed from information, to insight, to action. Cygraph® is a system that overlays context to improve network security posture, maintain situational awareness in the face of cyberattacks, and focuses on protection of business-critical assets.

On December 18 VISM commented on the recent SolarWinds cyber hack event. SolarWinds recently acknowledged that hackers had inserted malware into a service that provided software updates for its Orion platform, a platform that is broadly used across the U.S. federal government and Fortune 500 firms to monitor the health of their IT networks, and affecting more than 18,000 customers.

Mark Lucky, Visium’s Chief Executive Officer, commented, “This cyber event highlights the fact that the best cybersecurity tools aren’t always effective, and also highlights the value proposition of CyGraph as a critical cybersecurity platform. CyGraph provides understandable awareness of threats. Our TrueContextTM feature connects the dots in a human readable and understandable way. This feature is lacking with most cyber tools today. There’s a lot of data being collected and analyzed, but it is a herculean effort to relate events to problems through traditional data-mining and analysis. This is a key factor that contributes to the continued occurrence of major cyber compromises, even with the tools that are supposed to be protecting the kingdom. It proves the point that analyzing data without proper context can lead to undetected vulnerabilities. CyGraph’s forensic capabilities could have been used to identify potential vulnerabilities in SolarWinds Orion Products and attached networks. CyGraph’s TrueContextTM provides for timely risk mitigation and solutions to cyber events. The CyGraph platform provides visualization of an Enterprise’s infrastructure, assets and data relationships, so that near real-time decisions can be understood and made to protect the digital and connected ecosystem, without weeks of data-mining. Our platform could have rapidly connected the dots, through TrueContextTM, and provided alerts for the recent cyber compromises experienced by the U.S. Government, well-known industry vendors, and their respective customers. In addition, CyGraph’s forensics capability can be used to identify additional potential vulnerabilities and root causes, adding significant value to support ongoing investigations”.

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VISM is making a powerful run up the charts on a massive surge of volume and steady accumulation by investors. The stock eclipsed its October highs and a penny on $3 million in dollar volume and is showing strong support at these new price levels. Microcapdaily reported on VISM back in October after the Company filed an 8k reporting it has paid in full two convertible notes that were plaguing the stock. At the same time, the CEO of the Company starting buying up blocks of stock on the open market according to the filed form 4’s to the tune of about 230 million shares. Visium is pink current recently filing both a 10k and a 10Q; Visium has major multi-national partners such as the George Mason Research Foundation for Cybersecurity Technology as well as Nutanix currently trading for $32 on the NASDAQ Stock Exchange. We will be updating on VISM when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with VISM.

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Disclosure: we hold no position in VISM either long or short and we have not been compensated for this article.

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