Roy Andrade is the founder and CEO of CyberBoy Corp. Based in Beverly Hills, Ca., CyberBoy Corp. has garnered a lot of attention in the recent past from industry experts in the field of cyber security.
Over the past few years, cyber security has evolved tremendously. But so have cyber criminals. Hacking and Phishing, though still a major problem in the realm of cyber security, are somewhat things of the past. With the exponential surge in the flow of data as more and more tech companies are coming into existence, the problem of safeguarding user data has become paramount for companies of all sizes.
According to Roy Andrade, Cyber criminals have evolved tremendously in the recent past. A company which might have spent years building a product can lose it to a cyber criminal sitting in his room in a different continent in a matter of hours and that’s the power with which modern day cyber criminals are armed. As per latest data, a data breach costs a company on average $8.19 Million in the US. And it goes without saying that the United States is the most targeted country when it comes to cyber attacks.
Armed with his mission of safeguarding American companies from cyber criminals, Roy Andrade founded Cyber Boy Corp.. In order to finance his broader vision he is also providing executive protection and private security services in Beverly Hills. Ca.
The ongoing pandemic has been challenging times for many. But his optimism and mission for strengthening the cyber security infrastructure can be gauged from the fact that even after losing over $750,000 in stock market, he is all pumped up for his company’s expansion. His loses in this pandemic were mainly due to JCPenny and Frontier Communications filing for bankruptcy. Though he also has investments in Wells Fargo and Macerich and is quite optimistic that he will rebound from his losses in the coming years through his investments in Macerich and Wells Fargo.
He is also using the income earned from CyberCorp to fund future technological projects in the coming years. As a futuristic and an optimistic entrepreneur, he is bullish about publicly traded companies and the overall startup ecosystem. As Roy says – “There is no reason to be pessimistic. Post pandemic times are going to throw opportunities like never before.”
