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What a POS company to screw shareholders with this ridiculously ugly arrangement. Scumbags..
momo/fomo/herd/vol.
$2.00+ by closing bell!
CYRN
attention all passengers, what you are experiencing is our new turbo system kicking in...prepare for take off!!!
MCLEAN, VA / ACCESSWIRE / September 14, 2021 / Cyren (NASDAQ:CYRN), a provider of email security and threat intelligence solutions, today announced a distribution agreement with TD SYNNEX (NYSE:SNX) to offer its anti-phishing solution, Cyren Inbox Security (CIS), throughout North America.
Image: https://www.accesswire.com/users/newswire/images/663809/image.png
"We are thrilled to be included in TD SYNNEX' cutting-edge portfolio of technology applications," stated Bruce Johnson, Vice President of Sales Americas at Cyren. "Their extensive reach will play a significant role and help accelerate our growth with large enterprises. This new agreement demonstrates our continued commitment to the channel and supporting TD SYNNEX to protect their clients from phishing attacks."
Cyren Inbox Security uses machine learning and other techniques to continuously detect and automatically respond to phishing and business email compromise (BEC) threats that slip past the email perimeter. This approach expands and enhances TD SYNNEX' current enterprise email security portfolio. With this agreement, TD SYNNEX resellers can offer CIS as an easy add-on subscription to new and existing Microsoft 365 opportunities. Additionally, CIS can be sold with other security solutions like secure email gateways and Security Awareness Training, providing a comprehensive anti-phishing solution.
"TD SYNNEX and our resellers recognize that phishing and business email compromise attacks are not only a widespread threat to enterprises, but are becoming more sophisticated and continue to evade detection," said Scott Young, Senior Vice President, Strategic Procurement, TD SYNNEX. "It's critical that we adapt and expand our portfolio to address changes in the email threat landscape. The addition of Cyren Inbox Security, and its ability to continuously detect and remediate phishing threats that have already made it to users' inboxes, means our partner network can quickly help customers address targeted phishing attacks."
About TD SYNNEX
Well I believe the share price has no choice to go up above a dollar for 10 days by sometime in October I believe. If not they will be delisted the o t c. And with all their Partnerships going on it would be a slap in the face to go down to the o t c
$CYRN: Wow........ ripper
Almost hit $1
Nasdaq listed too
Nicely done
GO $CYRN
I see 1.11 up a head
Mark says $1 break do you concur
CYRN breaking resistance....boom!!
CYRN little monster breaking free of its chains
Looks good! Cyber security stepping to the fore front coinciding with chart reversal.
$CYRN
My thoughts are this message board is dead.
News: $CYRN Cyren Reports Second Quarter 2020 Financial Results
Positive initial market traction with new strategy and enterprise offerings McLEAN, VA / ACCESSWIRE / August 12, 2020 / Cyren (NASDAQ:CYRN), a provider of email security and threat intelligence solutions, today announced its second quarter 2020 financial results for the period ending...
Find out more CYRN - Cyren Reports Second Quarter 2020 Financial Results
volume faded
A/H $2.00 lovely
News: $CYRN Cyren Appoints New Product Leader
MCLEAN, VA / ACCESSWIRE / December 30, 2019 / Cyren (NASDAQ:CYRN) today announced the appointment of Matt Mosley as Vice President of Product Management. Reporting to the CEO, Mosley will lead the execution of Cyren's product strategy and roadmap and oversee its global product management a...
Read the whole news CYRN - Cyren Appoints New Product Leader
News: $CYRN Cyren's Voluntary Delisting from the Tel Aviv Stock Exchange - Reminder
MCLEAN, Va. , April 4, 2019 /PRNewswire/ -- Cyren (NASDAQ: CYRN), a leader in cloud security, today announced that further to its press release dated January 10, 2019 , the last trading day for its ordinary shares on the Tel Aviv Stock Exchange (TASE) will be April 8, 2019 and i...
Got this from https://marketwirenews.com/news-releases/cyren-s-voluntary-delisting-from-the-tel-aviv-stock-exchange-reminder-7943996.html
* * $CYRN Video Chart 04-12-18 * *
Link to Video - click here to watch the technical chart video
I'm tempted to enter but I'm concerned buying at a 2 year high...
Think it will hold up today
CYRN $3.00 News Out (6k) wow Impressive
STRONG BUY (CYRN) Revenue UP - New exclusive security platform with new antivirus program developed.
All indicators showing (CYRN) Green all the way UP to the $3.25 at closing - opening at $3.75-$4.50 .
This company has so much hidden value... read this blog
Will Cyren make a big sound in security?
0
Posted by Martin Veitch
on March 27 2017
Cyren is a modestly-sized company with an unusual trajectory but with attributes that could well make it worth watching. Shares in the company have been relatively flat for 16 (that’s right, sixteen) years, a huge stretch in a tech sector that is better known for sharp rises and falls. But recent changes at the US-headquartered firm with European and Israeli roots make it an interesting outlier in the hugely competitive information security space.
One of those changes is the arrival of chief technology officer Lior Kohavi, a 25-year veteran of the sector who I talked to recently about the company’s prospects. Kohavi argues Cyren is extremely undervalued relative to other security companies, considering its technology assets and investment in higher-growth areas. He explains it as a function of the firm running for a long time on a licensing stream, and the market not yet having caught up to the strategic changes. Despite its name, Cyren may not be big noise in security but it does have a remarkable line of companies that use its technology under the hood from Google (for Gmail) and Microsoft (for Office 365) to the likes of Dell, FireEye, Check Point, Symantec, Websense, McAfee and Netgear.
Last year Cyren changed tack by going direct to the corporate market with cloud-based web and email security and made the hires to back up its effort, alongside big-lever changes that tend to go with fast-growth companies rather than non-movers. Kovahi, for example, has worked at three companies that got acquired and Hesh Eassa, newly VP of Cloud Operations, is a Silicon Valley veteran with a growth pedigree including senior roles at WebEx, Macrovision, Qualys, Callidus and recently Zscaler. Those are switches that could finally move the needle on its NASDAQ stock ticker and market cap of a little over $82m at time of writing.
The long quiet period
Why is Cyren so little known when its customers are an A-to-Z of tech royalty?
“We never opened the kimono [on the new strategy] until 2017 but we’ll start to show more of that,” Kohavi says. “If it were a startup the valuation would be completely different. The past was a completely different company. Think of it like a startup: we’ve made a massive investment in R&D [and the change has been like driving down a] highway at 100kph while performing open heart surgery.”
Today, Cyren has over 220 staff, seven office locations, and the datacentres (19 in total) needed to see incoming threats, understand trends and protect customers via its cloud-based services that cover web, email and DNS security, and cloud sandboxing. The catalyst for the strategic change was the broader metamorphosis across cybersecurity.
“There’s a problem in the security space,” Kohavi says. “Companies spend more and more money but 99 per cent get hit. The current framework is to protect through security appliances, meaning you have an office connected to the internet and you protect through email security, IPS, IDS and firewall, but more and more of us are roaming and saving to the cloud, offices are becoming multi-location and so signatures and updates are ineffective.
“It’s a massive change, and traditional companies are under threat of going out of business if they don’t change with it. With corporate apps and data in the cloud, the perimeter has become dramatically more complex, fragmented and difficult to maintain secure. The only way to solve security in this new world is to move it to the cloud for massive real-time protection before it enters the organisation.”
This is where Cyren’s cloud protection comes in and helps explain why, after leaning on technology licensing for so long, Cyren wants to sell more directly to business customers. The move might be seen as risky but in enterprise software today, ‘frenemy’ relationships are part of the commercial realpolitik.
“Business is business,” says Kohavi. “They have choices but keep coming to us.”
Salesforce for security
Cyren’s ambition is to build a high-velocity sales platform with a subscription model that appeals to small, midsized and, eventually large enterprises, in the same way that Salesforce.com transformed CRM.
“It’s the only reason I’m there,” Kohavi says. “This one is completely different [to his previous startups] with the potential to be a real enterprise company.”
Marketing budget has been doubled and the onus today is on customer acquisition, he adds, saying he believes the market will be receptive to Cyren’s approach now that cloud security is better understood.
“Twenty years ago you went to a bank and said ‘why don’t you move your email out?’ and they’d think you were crazy. Today, 80 per cent have already done that.”
It’s a tough ask, however. A source familiar with Cyren said the steps to go from OEM to full stack player shouldn’t be underestimated.
“They’re an interesting crowd,” the source said. “They’ve worked out its very difficult to be a public company if you’re in the OEM business business… you’re the last in line in the food chain. It’s a real pivot: you can be good at engineering but the second wave is you have to have a go-to-market. There are shortcuts like working with channel partners but it’s a decade-long effort to build a brand and operations. The other challenge is you have to build a customer-facing organisation. You take all of those and they’d have to defy gravity - but I like them and they talk a good game.”
Kohavi says Cyren already protects 600 million users, a lot of them through partners obviously, but the company has the bandwidth to create a wide revenue stream. He points to rivals such as OpenDNS, acquired by Cisco for $635m and Zscaler with a valuation of over $1bn. By those lights, if Cyren can execute, that pancake-flat valuation could change.
With those big-name partners to point to, core technology in place, datacentres all over the world (about 40 per cent in EMEA and 40 per cent in the US) and recent hires, Cyren could be in a good place.
"During the first quarter, we signed a 5,000-user enterprise customer, which is our largest CWS contract to date, building a positive foundation for the rest of the year,” said Lior Samuelson, CEO and Chairman of the Board at CYREN. “As our multichannel sales approach evolves, we are actively increasing our direct-to-enterprise approach as well as the productivity of our growing network of OEM and service provider partners, distributors and resellers to continue to grow our bookings and sign larger customer agreements. We have also seen interest in our new carrier security offering, which positions us for future subscriber growth.”
CYRN
Nice report.
·
Revenues in accordance with U.S. Generally Accepted Accounting Principles (US GAAP) totaled $7.0 million for the first quarter of 2015 compared to $8.1 million for the first quarter of 2014. As in the second half of 2014, first quarter revenues were partially impacted by the continued decline of the Euro; CYREN generates approximately 40% of its revenues in Euro.
Whatever you want to sell-------there are CYRN buyers
cyren is a pump and dump serial dilutor.
It purportedly gains instant credibility when mentioned with any Blue Chip stock.
I'm presently doing some in depth DD on cyren to validate my suspicions.
Good luck with cyren. LTM.
ash111, you have a good eye to pick Winners and I see you have another Winner here with CYRN!
Ummm, I'm sure you know how to pull up a 6 months chart and take a look at it. You should also be able to check out the sec filings and maybe you could even go to the company website and see their products.
ORRRRR... are you one of those people who want everyone else to do your DD for you and then comment about what they provide for you?
Please let me know what you find.... I'm sure you'll see CYRN is a Great Buy!
.LTM
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