We take a byte to ensure your data’s right

Meet the Team

Imagine
Alexandru Dragomir

Founder

Back-end

Imagine
Sorin Tănase

Co-Founder

Front-end

Problem?

The cybersecurity landscape presents a precarious situation for Small and Medium Businesses and Startups. Over the past year, an alarming 61% of SMBs have fallen victim to successful cyberattacks. They are not mere targets but primary ones, with 43% of all data breaches aimed at them. Disturbingly, ransomware, a primary cyber threat, is predominantly geared towards SMBs, accounting for 82% of attacks. The vulnerabilities of cloud systems are further exacerbated, with cloud exploitation witnessing a sharp 95% rise in 2022. The financial ramifications are no less concerning; the average financial hit from a data breach is a staggering $3.31 million for SMBs. This comes against a backdrop where a significant 42% of small business owners are without a cyberattack response strategy. Furthermore, a mere 17% implement data encryption, and a concerning 38% do not employ a single individual dedicated to cybersecurity. While 64% of owners are confident in their ability to rectify a cyber issue, over half still capitulate to ransom demands. Even though 76% believe in the necessity of disclosing hacks, the harsh reality remains: 60% of SMBs shutter their operations within half a year of a cyber onslaught.

Solution

• Comprehensive Coverage for SMBs:
     BalaurByte offers a holistic suite of cybersecurity tools tailored for SMBs, covering network scanning, web application vulnerabilities, cloud misconfigurations, and more.
    This one-stop solution eliminates the need for multiple tools and provides comprehensive protection.

• User-Centric Design:
    Recognizing that many SMBs might lack dedicated IT expertise, BalaurByte offers an intuitive, user-friendly interface.
    Its actionable insights, simplified metrics, and navigable dashboard empower even non-tech business owners to understand and act on potential threats.

Startups

Established SMBs

Cloud-First Businesses

Local Enterprises

E-commerce Platforms

Customer Segment

Healthcare

Fintech Startups

Freelancers & Consultants

Educational Institutions

Non-Profits & NGOs

Pentest-Tools.com

SafeTech Innovations

Intruder.io

HackerOne

Cobalt.io

Core Security

Bit Sentinel

Detectify

Competition

Rapid7

Trustwave

Tenable

Qualys

Rapid7

RedShift Information Security

CertSign

Ixia (a Keysight business)

Advantages

    Its actionable insights, simplified metrics, and navigable dashboard empower even non-tech business owners to understand and act on potential threats. Our tool distinctively caters to non-security professionals, offering an intuitive interface and reports framed in layman's terms.
    Beyond merely identifying vulnerabilities, we empower users with step-by-step remediation guides and, for simpler issues, provide automated fixes through scripting.
This user-centric approach not only addresses immediate security concerns but also educates and equips our audience, ensuring a safer digital environment without necessitating a deep technical background.

Metrics
  • Number of Scans: how often users are leveraging our platform to conduct scans.
  • Remediation Rate: the percentage of identified vulnerabilities that users fix using our provided guides or scripts.
  • User Acquisition Rate: how quickly we are gaining new users or customers.
  • Churn Rate: the percentage of customers who stop using your service during a particular period.
  • Customer Satisfaction: this could be measured using Net Promoter Score (NPS) or customer reviews and feedback.
  • Automated Fix Success Rate: The percentage of vulnerabilities successfully fixed using your automated scripts.
  • Average Time to Remediation: How long it takes, on average, for users to fix vulnerabilities after they've been identified.
  • Monthly Recurring Revenue (MRR): consistent revenue generated every month.
  • Cost of Customer Acquisition (CAC): The average cost to acquire a new customer.

Cost structure

Revenue

  • Azure Cloud hosting – 50 €/month – including website and scanner (high specs CPU, RAM, GPU)
  • APIs (cert.ro, tenable, alert.io etc) – around 5-10 €/month
  • Revenue Streams Freemium to Premium Upsell
  • Subscription Plans
  • Bonus Features with Subscription
  • Consultation Services
  • Training and Workshops
  • Affiliate Partnerships
  • Licensing
  • On-Demand Fixes