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100X.VC Team
Written by various collaborators within Team 100X.VC
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Jan 21, 2023
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Introduction

According to Maslow's hierarchy of needs, one of the most fundamental needs that must be met are safety and security needs. The words "Safe, Secured, and Protected" instantly instil confidence, and that is exactly what Zeron is doing with its #SecurityMatters motive.

As humans' reliance on technology has grown, so has the prevalence and severity of cybercrime. These attacks have had a significant impact on all kinds of organisations alike, causing significant delays and information leaks. Cybersecurity is critical for anticipating, responding to, and assessing cyberattacks. 

The past two years have seen a rapid shift of work to remote and hybrid offices. The statistics show that hackers welcomed that shift and took advantage of the vulnerabilities and gaps in security by businesses. There are cyber security trust gaps on many levels throughout the corporate ecosystem. Zeron through their cyber security posture management platform is focusing to close these trust gaps by providing relevant KPIs to all stakeholders

In essence, Zeron is the Jarvis for CISOs and CIOs.


How does Zeron work?

Zeron simplifies security with a one stop solution for managing all cyber threats and risks in an organisation with a bundled SaaS approach.

Their ABCD Modules offer a comprehensive safety net for all security requirements.

  • A - Attack Surface Automation: Provides an attack dashboard, vulnerability analysis and scheduled scans to automate risk mitigation.

  • B - Business Fallout Mapping: Aids in the establishment of a better business reputation and the reduction of revenue losses.
  • C - Compliance Automation: Strengthens corporate governance with real time compliance updates, tracking and management.

  • D - Defense Automation: Ensures continuous visibility of all assets and endpoints from detection to prevention.

Zeron was founded by Sanket, Snehanjan, Swarnali and Santosh, four Cyber Security and Machine Learning Experts with a deep passion to create a difference in the field of cyber security. They started by providing managed cyber security services and in that process found gaping holes in the way cybersecurity is perceived, portrayed and acted upon by the industry in general. A plethora of bit part tools, poor mean time to detect & respond and poor visibility didn’t help matters adding to the complexities of an already complicated sector. 

They went back to the white board to figure out something that would give the power of understanding cyber security in alignment with business needs rather than just referencing different types of attacks, defense and compliance (ADC) methodologies. They mapped the ADC and designed various algorithms to make the business references with respect to cyber security in a user-friendly form-factor and in the process making the ABCD approach. This journey gave birth to Zeron.

Market Opportunity

The Indian Cybersecurity Services Industry grew from $ 4.3 Bn in 2019 to $ ~8.5 Bn in 2021 and Cybersecurity Products grew from $ 740 Mn in 2019 to reach $ 1.37 Bn in 2021.  The services and product industry have a total revenue of $ 9.85 Bn in 2021 and grew at a CAGR of ~40% in the last two years. The Cybersecurity services industry and product industry is expected to grow at a CAGR of 29.39% to reach $ 13.05 Bn and a CAGR of 37.72% to reach $ 2.35 Bn by 2023 respectively. 

100X.VC Thesis

Zeron’s consolidated platform approach gives them an edge to create a niche and one single point of truth for organizations to manage their cyber security. One dashboard approach unified the various loose ends that exist in the ecosystem and attempts to save millions for corporates and mid-size companies. The team is well balanced with the right complimentary skills and has the potential to be an outlier.

Conclusion

With the team and the product, Zeron can prove to be an excellent centralised platform for managing cyber security and risks. Its honest and swift attempt towards simplifying the process can help it unlock massive potential. The team’s commitment and drive to scale the venture to greater heights is why we, at 100X.VC, believe that Zeron is headed for great things. We are excited to play a part in achieving this dream!

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