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KUALA LUMPUR - VCI Global Limited (NASDAQ:VCIG), a technology company with impressive gross profit margins of 71% and strong financial health according to InvestingPro data, has launched a new cybersecurity product through its subsidiary V Gallant Sdn Bhd. V Gallant CyberSecure aims to protect enterprises from sophisticated cyber threats, featuring military-grade encryption and automated system backups to counteract ransomware, malware, and advanced cyber threats.
V Gallant CyberSecure distinguishes itself from conventional security tools by combining AI-driven threat detection with a fully automated, encrypted data protection system. It proactively monitors for threats, with the capability to detect and neutralize ransomware, trojans, and zero-day attacks in real-time, without human intervention.
The solution’s cornerstone is The Vault, an encrypted backup system designed to securely store critical data and facilitate rapid recovery. Access to The Vault requires authentication keys, and not even internal IT teams can retrieve data without authorization, ensuring protection against both external and insider threats. The system also offers instant rollback capabilities for swift restoration of operations post-attack or system failure.
A significant feature of V Gallant CyberSecure is the use of AI-accelerated encryption chips, which were developed in collaboration with technology partners. These chips are intended to speed up encryption and decryption processes, enhance AI-driven threat detection, and allow for large-scale data encryption without compromising system performance.
The global cybersecurity market is expected to grow at a compound annual rate of 12.9% from 2025 to 2030, according to Grand View Research. V Gallant CyberSecure operates on a subscription-based revenue model, which positions VCI Global to capitalize on this market growth. The company has already demonstrated strong execution with 89% revenue growth in the last twelve months and maintains a healthy balance sheet with more cash than debt, according to InvestingPro analysis.
"Most cybersecurity solutions focus solely on prevention but fail to guarantee data recovery. Our solution is the only one that does both—protecting businesses while ensuring that, even in the event of a breach, data remains fully encrypted and instantly recoverable," stated Dato’ Victor Hoo, Group Executive Chairman and CEO of VCI Global.
V Gallant, a VCI Global Limited subsidiary, specializes in AI infrastructure and cybersecurity solutions, offering GPU hardware and software platforms for AI development, as well as cybersecurity services to combat evolving digital threats.
This news is based on a press release statement from VCI Global Limited. The company has cautioned that the forward-looking statements in the press release are subject to risks and uncertainties, and actual results could differ materially from those anticipated. According to InvestingPro’s Fair Value analysis, VCI Global appears undervalued at its current market capitalization of $20.62 million. For deeper insights into VCI Global’s valuation and 16 additional ProTips, investors can access the comprehensive Pro Research Report available on InvestingPro.
In other recent news, VCI Global Limited has announced several strategic developments aimed at expanding its market presence and product offerings. The company is set to launch its AI Integrated Server and AI Cloud Platform in March and April 2025, respectively, targeting enterprises looking for cost-effective AI solutions. Additionally, VCI Global plans to expand its IPO advisory services across Asia and the Middle East, with new offices opening in Hong Kong, Singapore, and Indonesia. In a strategic acquisition, VCI Global has acquired Singapore-based digital marketing firm Roots Digital for approximately $2.2 million, aiming to enhance its digital marketing capabilities. The company is also branching into the semiconductor industry by partnering to establish India’s first semiconductor wire manufacturing plant, expected to generate up to $50 million in revenue. Further, VCI Global has invested in Marvis Inc., an AI startup, through its subsidiary VC AI Limited, aligning with its strategy to expand its AI portfolio. The company is also exploring renewable energy opportunities, conducting due diligence on acquiring a solar farm in North Macedonia. These initiatives reflect VCI Global’s commitment to innovation and market expansion, as highlighted by Group Executive Chairman and CEO Dato’ Victor Hoo.
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