BUGLAB ICO; CYBER SECURITY AT ITS PEAK

Hello guys, hope you are all having a wonderful day and week ahead, today i would like to introduce you guys to a new ICO project called BUGLAB.
 This project, Buglab is a platform that provides cybersecurity penetration test services to IT firms, financial enterprises and other business ventures in order protect them against cyber penetration which could also mean cyber-attack. It is also a platform where pentesters (persons who can rectify the loop holes in businesses) can be hired. But before we go into what this project (Buglab) is all about, we need to acquaint ourselves with what all these talks about cyber penetration and cybersecurity.
AN OVERVIEW:
 One recent challenge facing IT firms, social media platforms, small businesses and most organizations in general is information security. As businesses are established and developed over time, it is faced with the issue of cyber penetration (attack) or say data vulnerability if adequate measures are not taken by these organizations to prevent such breaches into their system by these cyber penetrators. When this occurs relevant information of such organizations in the wrong hands could pose serious threats to its continuous existence or probably expansion. So I would like us to know what cyber penetration, cybersecurity and pentesting is all about.
What then is cyber penetration?
Cyber penetration is an attack or violation by hackers on sensitive information excluded only to such organization, mainly for its day to day operations. The disadvantage of these is that such organization stands the risk of losing the trust of its customers or even further expansion of the business.
What is cybersecurity?
Cyber security (information security) is a protective or preventive measure against any attempt by hackers in getting hold of sensitive information solely to an organization.
What is pentesting?
Pentesting is a process whereby cybersecurity penetration testers (pentesters) try to discover loop holes or vulnerability in an organization’s set-up/structure so as to prevent against cyber-attack.
Effects of cyber-attack on businesses
The following are some of the effects of cyber-attacks:
  • Cyber-attack on a system’s data can lead to loss of trust in the business by its customers and the general public.
  • It constrains the organization to a certain level of expansion, i.e it prevents for further expansion of business.
  • It leads to loss of sensitive information needed for the day-to-day operation of the business.
  • It may lead to the eventual shut down of the business.
As a result of growing needs by customers and upgrades by organizations, there is a need for protection against cyber-attack (cybersecurity) in which small businesses is more pruned to. But we are posed with some issues:
  • Some businesses don’t even know that there is a need for cybersecurity.
  • Some are aware but it is expensive to operate because consulting firms that provide cybersecurity penetration services are paid per-hour or per-vulnerability-uncovered basis  irrespective of whether they get the job done or not.
  • These consulting firms provides just one or two pentesters and the results obtained may not be of relevance to the firm, which makes it difficult to determine its accuracy and effectiveness.
THE SOLUTION
I believe we have acquainted ourselves with the various concepts, basics and the need for cybersecurity penetration services. For businesses to prevent cyber-attacks on their businesses Buglab is the solution they seek.
Buglab is a platform that provides a variety of cybersecurity penetration services by certified and experienced pentesters to small businesses, IT firms, large corporations and so on. Therefore as a solution to these outlined issues BUGLAB comes in.
  • Buglab platform is simply a platform where different companies can have access to lots of expert cybersecurity researchers.
  • Buglab platform provides these services cheaper to these businesses and also to small scale businesses because of the wide range of testers available businesses can now choose from a variety affordable to them.
  • Buglab platform provides no fewer than five pentesters which makes results obtained to be more accurate and effective because the pentesters involved are certified and experienced.
This project (Buglab) is sure one way of securing your business either as a small scale business owner or large firm operator from activities of hackers and I feel you should be part of the group of persons that will be making this project a reality by joining the ICO.
The Buglab ICO is presently ongoing and I will urge you to go through the links below in order to get more information that will help you understand how to partner with the BUGLAB project via its ICO which will be ending soon.
Essential Links:
★ Website ★  Whitepaper ★ Twitter ★ Facebook ★ Telegram ★ Reddit ★
ANN Thread
Authors Details
Bitcointalk Username: Ubaka01
Bitcointalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=2318597

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