Tego Cyber Inc.
Tego Cyber Inc. (“Tego”) is a public, Nevada based
cybersecurity company created to capitalize on the
emerging cyber threat intelligence market. It has
commercialized an intelligent, state-of-the-art threat
correlation and threat hunting application. The app
enriches threat data to help enterprises proactively
identify cyber threats within a network environment
with much faster times to decision and mitigation.
OTCQB: TGCB
IR Website: https://ir.tegocyber.com/
Headquarters: Las Vegas, NV
Tego Cyber has developed a niche cyber threat intelligence application that adds significant value to existing Security Information & Event Management (SIEM) platforms. Tego Guardian is designed as an add-on to existing cybersecurity solutions, with seamless integration into existing SIEM platforms.
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Summary
They integrate seamlessly into existing SIEM (Security Information and Event Management) platforms, which provides the ability to expand their Total Addressable Market significantly.
Context is Key
The Tego Cyber Threat Intelligence Platform does not just simply tell you that an IP address is bad but we provide context about the who, what, why, and how a threat is bad.
Streamline threat intelligence and take immediate action against newly identified threats
The Tego Cyber Threat Intelligence Platform automatically creates updates for the client through its curated and aggregated threat intelligence feeds, eliminating the need for human interaction to identify known threats.
Increase the efficiency and ROI of existing cybersecurity products
The Tego Cyber Threat Intelligence Platform provides increased value to existing cybersecurity infrastructure through its integrations.
Press Releases
Investor Presentation
To download the Tego Cyber investor presentation, please fill out the form below.
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Stock Detail
Corporate Overview
Tego Cyber Video Content
Tego Cyber Corporate Video
Tego Cyber on the Big Biz Show
Tego Cyber on the SNN Network
Business Description
Tego Cyber operates a threat intelligence platform that brings in data from the internet and the dark web about potential cyber threats, and collects pertinent and actionable information about such bad actors.
Tego Cyber also adds additional context to the threat. With their software, hundreds of thousands of IP addresses are often found as malicious, but that isn't enough; they also identify what activities are associated and where they come from. They are also integrated into SIEM (Security Information and Event Management) platforms, which allows them to run queries without asking for additional information from the client.
Competitive Advantage
Tego Cyber's software is designed to integrate into any SIEM platforms, which the company deems to be a truly unique competitive advantage over other threat assessment platforms. It is designed to be an additional add-on to existing detecting and analysis software, allowing them to expand their potential market exponentially and work collaboratively with SIEM platforms.
Partner Integrations
Splunk integration: complete and entering monetization phase
https://www.splunk.com/
Elastic integration: entering beta testing phase
https://www.elastic.co/
Devo integration: preliminary development phase
https://www.devo.com/
Each of these integrations represents a whole new customer base for Tego Guardian.
The Company aims to have a version of the Tego Guardian available for integration with the top ten SIEM platforms in the next 2 years, leading to a Total Addressable Market of around $10 billion.
The Cybersecurity Market
Especially in the face of the current European conflict, cyber-threats are thought by many analysts to be at or near an all time high. But what does it look like in even more normal times?
Cybercrime by the numbers
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39 seconds: the average time between cyberattacks (via University of Maryland)
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2,244: the average number of daily hacks (via University of Maryland)
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146 Billion: the projected number of records cyber-criminals will steal in next 5 years (via Juniper Research)
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300%: increase in reported cybercrimes since COVID-19 (via FBI)
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206 Days: the average length of time it took to identify a security breach (via IBM)
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7.27%: the average drop in a public company's share price after breach is announced (via Comparitech)
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$4.6 Million: average cyberattack recovery cost for organizations with > $1 billion revenue (via Radware)
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$200,000 per hour: the average cost of downtime as a result of a cyber-attack (via Splunk)
According to Splunk, 49% of organizations say they have encountered a data breach over the past two years, 79% say they've suffered ransomware attacks, and 35% state that one or more of those attacks has led them to lose access to data and systems.
59% of security teams say they had to devote significant time and resources to resolving and remediating cyber-attacks, and 54% report that business-critical applications have suffered from outages related to cybersecurity incidents at least monthly.
Global cybersecurity market
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Cyber threat intelligence market segment
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Currently worth $5.1B
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Projected to grow at a rate of 19.7% per year
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Projected to be worth $12.53B by 2026
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The Tego Threat Intelligence Platform (TTIP)
Splunk: Splunk is their first partner integration. Over 15K clients use their services, and they add 450+ new clients every quarter (as per Q4 '21). The first version of the Tego Guardian app for integration with Splunk is complete and in the commercialization/monetization phase with the app now available in Splunk's app store, splunkbase.
Revenue model: The TTIP is available via a licensing model at a cost of $75,000 per year, providing more predictable revenue streams than one-off services.
Accelerated path to market and profitability: First version of the Tego Guardian app for integration with Splunk is complete and in commercialization/monetization phase.
The application was launched in October of 2021. Tego is now developing and implementing the path-to-market and monetization plan as well as its channel partner program in partnership with Vation Ventures.
Tego is now completing development of its second integration for Elastic.
Scalability: Their product road map allows for integration with other leading platforms including:
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Elastic
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IBM QRadar
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AT&T Alien Vault
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Exabeam
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LogRhythm
Goal to Leverage existing client base of leading platforms: the established market is the current users of the above platforms with the aim to market directly to those users.
High gross margins: over 95% gross margins with no raw material of COGS and a low cost to deliver, implement and install.
Exponential growth potential: by leveraging existing platforms and established markets, they can target users of existing platforms
Homegrown Expertise
A Globally Recognized Management Team
The Tego Cyber team is unique in a few different ways with their vast and interesting array of professional experiences. However, one of their more unique aspects is that they were founded by a husband and wife team.
Shannon Wilkinson is the Co-Founder / Director / CEO / CFO, and her career took off at the United Nations of all places. She first served there as a Senior Software Engineer, and then moved up to the Head of IT & Communications Logistics & Asset Management, and lastly the Head of Application Development & Support. After those experiences she then moved into the healthcare space as the Director of Product Development & Support of SocialWellth.
Troy Wilkinson is the Co-Founder / Director / President of Tego Cyber. He started his cyber-focused career in law enforcement in the US and then as a Cybersecurity investigator with the US Department of State. From there he moved into the role of Chief Information Security Officer of SocialWellth (where the two of them worked together), and later the CISO of Litigation Services LLC and International Cruise and Excursion (ICE, now Arriva).
The two of them co-founded Axiom Cyber Solutions, providing cybersecurity solutions for small-to-medium business from 2015 to 2019, before selling the company to a private equity firm.
Both of them have been widely recognized for their local and national contributions. Shannon made the list of the Las Vegas Top 100 Women in 2021, 2018, 2017 and was the 2018 Las Vegas Top 100 Women in Technology, and 2017 Las Vegas High Tech Woman Entrepreneur. Troy has earned the JP Strom Award of Academic Excellence, the European Security Defense Policy Service Medal, and the United Nations Medal of Service. Both are recognized and respected keynote speakers as well as best-selling authors.
Financials
SEC Filings
Management Overview
Shannon Wilkinson
CEO, CFO, Secretary, Treasurer and Director
Shannon is a graduate from the University of Nevada, Las Vegas with a Bachelor’s degree in Management Information Systems. She earned her Master's degree in Information Systems Management from the University of Phoenix. The first 12 years of her career were spent overseas, working for the United Nations Department of Peacekeeping Operations building mission critical software platforms. In the fall of 2019, Shannon co-founded Tego Cyber Inc. with a mission to develop an innovative threat intelligence application designed to help macro enterprises effectively respond to the ever-changing cyber threat landscape. Shannon was selected as the 2018 Las Vegas Women in Technology - Cybersecurity, 2017 Las Vegas Women in Technology Entrepreneur as well as appeared in the MyVEGAS Magazine Top 100 Women of Las Vegas in 2021, 2017 and 2018. She has authored an Amazon Best Seller, and is featured on several news sources as a cybersecurity expert.
Alissa Knight
Chief Marketing Officer
Ms. Knight is best known for having been a reformed Blackhat hacker turned content creator, business mogul, and media personality. Following her arrest at 17 for hacking a government network, Ms. Knight was recruited by the U.S. intelligence community where she supported counterinsurgency (COIN) operations as a defense contractor. She is the co-founder of commercial production house Knight Studios, part of the Knight Group owned by her and her wife, Melissa Knight, which own a family of companies under the same brand, Knight Events, Knight Studios, and Knight Ink. Prior to starting Knight Group, Alissa retired at 27 after selling two previous companies in cybersecurity to publicly traded companies in international markets.
Chris White
Director, CISO
Chris has over thirty years’ experience in cybersecurity, telecommunications, and automation. His career began in 1989 with the USAF SIGINT (Signals Intelligence) forces, serving for 10 years. Over the next 15 years, he supported the U.S. Armed Forces at defense contractor General Dynamics AIS, specializing in cybersecurity. He then worked 4 years building EY's MSSP offering, acting as CTO, and responsible for providing security services to 500,000 endpoints. Most recently, he is the Information Security Manager for Ventech. Prior to Ventech, Chris was the Deputy CISO / Director of Global Security Operations for Interpublic Group of Companies (NYSE: IPG). Over his career, Chris has created, delivered, trained, or operated cyber services inside of the U.S. DoD, Manufacturing, Financial Services, Healthcare, Media/Entertainment and Hospitality verticals. He holds a Master’s degree in Systems Engineering, and a Bachelor of Science degree in Network Engineering from Regis University.
Dr. Earl Johnson
CFO
Dr. Johnson, has over 35 years of experience in international finance, corporate investigations, and law enforcement. He currently is the CEO & President of International Consultants & Investigations, a private security and investigation consultancy firm. His field of expertise includes international fraud investigations, corporate intelligence, and due diligence, cryptocurrency tracking, and cybersecurity consulting. He has experience operating in the Far East, Middle East, Europe, and South America. Dr. Johnson holds a Ph.D. in International Finance from the California University for Advanced Studies.
Troy Wilkinson
President, Director
Troy began his career in January 2000 as a Law Enforcement officer with the Conway Police Department (SC) where he remained until June 2007 when he joined a Joint Terrorism Task Force as a lead bomb investigator and violent crime detective. In December 2008, Troy was recruited by the U.S. State Department to train officers in Kosovo on cybercrime related matters where he earned a reputation as a top cybercrime investigator. With a team of international investigators, he built the first IT forensics lab in the European Union Mission in Kosovo. After returning home to the U.S., Troy served as a Chief Information Security Officer (CISO) for multiple organizations. In addition to his role as Director of Tego Cyber Inc., Troy currently is the CISO for Interpublic Group of Companies (NYSE: IPG) where he is responsible for all aspects of cyber defense for over 60,000 users in more than 130 countries. Troy is an accomplished worldwide keynote speaker on cybersecurity.
Michael De Valera
Independent Director
Michael has over thirty years of experience providing information technology services. In 1989 he co-founded Internet Computers Inc., where he remained as one of the founding principals until January 2006 when he left to start his own company, TechnoMedia Consulting Inc. (TCI), where he remains the sole principal to present day. TCI provides information technology services for companies and organizations that are either too small to have their own dedicated IT departments, or simply realize that specialized functionality is more efficiently and economically provided by a third party. His clients cover a broad range of industries, including real estate, construction, high-end retail, manufacturing, clean-tech, foundations, financial services, and high-net-worth individuals. His undergraduate BA studies, majoring in Finance and Economics, were at the University of Pennsylvania Wharton School of Finance.
Risks & Disclosures
This communication is neither an offer to sell nor a solicitation of an offer to buy, nor a recommendation of any securities of the company mentioned herein.
Tego Cyber Inc. (the “Company”) and its counsel have reviewed the content of this page as well as the accompanying presentation (“Company Presentation”) displayed on this page. To the best of its knowledge, the Company does not believe this content to be misleading or inaccurate in any material respect, nor does it believe there are any material omissions with respect to such content. The Company does not believe the contents of the page or the Company Presentation to contain any non-public material information.
Information and opinions presented in the Company Presentation are provided by the Company, and makes no representation as to their accuracy or completeness. The information contained on this page is not intended to constitute any form of advice, and the information provided is not intended to provide a sufficient basis on which to make an investment decision. It is not investment research, nor does it constitute a research recommendation, as it does not constitute substantive research or analysis. This information is not to be relied upon in substitution for the exercise of independent judgment.
Information, opinions and estimates contained on this page or in the Company Presentation reflect judgments by the Company as of the original date of publication by the Company and are subject to change without notice. Past performance should not be taken as an indication or guarantee of future performance, and no representation or warranty, express or implied is made regarding future performance.
A complete description of the risks and uncertainties relating to the Company and its securities can be found in the company's filings with the U.S. Securities and Exchange Commission available for free at www.sec.gov.
Information on this page may relate to penny stocks, which may also be referred to as low-priced stocks. Penny stocks are low-priced shares typically issued by small companies. Penny stocks involve greater than normal risk, they may be less liquid than other stocks (i.e., more difficult to sell), and there may be less reliable information available regarding such stocks. Investors in penny stocks should be prepared for the possibility that they may lose their entire investment.
b2i digital or its related entities may own securities of the Company.
The Company is a client of b2i Digital. The Company agreed to pay b2i Digital no greater than $100,000 in cash for 12 months of digital marketing consulting and investor awareness services.
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