Castlepoint Systems, expert in data management and ethical AI for cybersecurity, has been listed in the fourth annual CyberTech100 list.
The list highlights those organisations having a significant impact in the growing cybersecurity space for financial services, and celebrates the most innovative CyberTech companies across the globe that are improving the cyber defences of financial institutions.
Founded by CEO Rachael Greaves and CTO Gavin McKay - and based on their direct experience working in public sector data management - Castlepoint Systems is the only company in the world that can give complex enterprises complete visibility of all the information in their environment, making it easier for them to know what they have, where it is, and who is doing what to it.
Castlepoint Systems works with a global cross-section of leading financial organisations including the Australian Government Treasury to ensure that their cybersecurity is not only compliant right now, but ready to scale for the future.
In a market that is evolving due to the digital challenges being increasingly posed by companies and individuals alike, such as generative AI, the CyberTech sector is proving to be an area of considerable future growth. Between 2023 and 2030, the industry is predicted to grow a CAGR of 13.8% from $172.3bn to $424.9bn.
This year’s CyberTech100 includes some of the widest and most diverse businesses in the sector. A long list of over 1,000 firms was produced by FinTech Global, with a panel of analysts and industry experts voting on the finalists. Castlepoint Systems was one of the companies selected based on their innovative use of technology to solve a significant industry problem and generate cost savings as well as efficiency improvements across the security value chain.
“To be included in the CyberTech100 list is hugely rewarding, and reinforces the value that CastlePoint Systems is bringing to financial institutions around the world," says CEO Rachael Greaves.
"As we scale and grow, we continue to leverage our unique technology to help organisations manage their data. Risks come in all shapes and sizes, from ransomware to data breaches," she says.
"The only way to be fully prepared and to properly mitigate risks is to know exactly what data you have, where it is, what laws apply to it and who has access to it. With effective information management, businesses can tap into a superpower. We are here to enable financial institutions to do just that.”
FinTech Global director Richard Sachar adds, "As challenges such as ransomware, phishing and data breaches still plague financial institutions, there has never been a more important time for businesses to use CyberTech solutions.
“With the average cost of data breaches being in the millions, it is critical firms look for the solutions that can guarantee their protection, particularly as the tough economic climate puts pressure on finances," he says.
"This year’s CyberTech100 list arms companies with the necessary information to find the industry change-makers who are providing companies with the opportunity to be well protected against these threats.”
Greaves was also recently included in the Innovate Finance ‘Women in FinTech Powerlist 2022’ in the category Senior Leaders (CEOs, CFOs, Founders, Executive Team Members) as a result of her outstanding hard work and achievements over the previous 12 months.
In 2022, she was announced Australia’s most outstanding woman in IT security, and also won the RegTech female entrepreneur of the year category, with her business also taking home the RegTech Association’s Australian business award.