Redamp.io: Redefining cybersecurity for small businesses to grow and become more resilient
Innovation Fund Winner
Why this program?
Why this program?
- Cyber-attacks on small businesses are becoming more frequent due to automation and the widespread use of digital technology. As these threats evolve, protecting small businesses has never been more critical.
- The inability to effectively protect small businesses due to a lack of affordable and accessible security tools poses a serious threat to the entire economy.
- Statistics show that only 14% of small and medium enterprises are well-prepared for potential cyber-attacks, even though 90% of cybersecurity breaches occur in small businesses.
- About 38% of small businesses have no specialized cybersecurity employees. This leaves them particularly vulnerable to cyber threats, highlighting the urgent need for accessible and effective cybersecurity solutions.
Program overview
Redamp’s Software as a Service (SaaS) cybersecurity solution will address the unique challenges that small businesses face today in an increasingly digital economy. To do so, it will equip them with an affordable, easy-to-use cybersecurity solution that can be deployed even by non-technical users.
The solution is designed to protect small office and home office (SOHO) digital environments, covering crucial areas such as device security, application security, network security, privacy protection, cybersecurity compliance, and user education.
Small businesses often struggle to implement robust cybersecurity measures due to limited resources. Unlike larger enterprises, they lack the budget and specialized staff required to manage complex cybersecurity issues and tools. Typically, maintaining strong cybersecurity would involve purchasing multiple specialized products like desktop and network security tools, vulnerability scanners, and employee training programs. These tools often come from different vendors, making the security setup even more complex, resulting in high upfront costs and many micro-businesses settling for minimal security measures or none at all.
The current cybersecurity landscape puts small businesses at a disadvantage. But with Redamp’s solution, small businesses can set up an online account in under 5 minutes without having to purchase any other software or new hardware.
Redamp.io supports various operating systems, including Android, iOS, Windows, and macOS. It provides continuous protection against phishing, ransomware, and viruses, while assessing network security. Small businesses get to receive security tips, local threat alerts, and cybersecurity-related quiz questions. They can also manage all devices and address issues remotely through a cloud-based admin portal, with options for manual or automatic responses.
With Mastercard Strive, Redamp.io will expand the current pilot version of the Redamp.io platform with critical features to make it a true one-stop-shop cybersecurity solution for small businesses. During their program with Mastercard Strive, Redamp.io will add the below features:
- Native support for endpoints running on Microsoft Windows and macOS operating systems
- An education module that enables small businesses to regularly engage their employees with quiz questions
- Online guides, manuals, and tutorials on various cybersecurity aspects relevant to small businesses (available via https://kb.redamp.io)
- A company compliance module that allows businesses to define a cybersecurity compliance level tailored to their sector and size
A key part of this program is the preparation and implementation of a targeted marketing strategy aimed specifically at small businesses. Several metrics will be tracked, and various learning objectives regarding cybersecurity in small businesses will be examined. These metrics and objectives will guide Redamp.io in adapting both the platform and its approach (marketing, sales) to better serve the small business audience.
By the end of the program, thousands of small business users will be better protected, aware of their current cybersecurity status, and continuously educated about trends and risks in the ever-evolving threat landscape.
About Redamp.io
Redamp.io is a private company based in Brno, Czech Republic. We have been active in cybersecurity since 2012. Initially, we provided services such as programming, database operations, and threat hunting to Europe-based security solution vendors. Over the years of working with our partners, we have gained extensive experience in designing and delivering top-notch cybersecurity solutions. The projects we've participated in have been implemented by millions of businesses and consumers, particularly through mobile operators, banks, and multinational institutions.
After years of providing services to our business partners, we decided to invest all accumulated expertise into our own innovative cybersecurity solution, Redamp.io, which revolutionizes cybersecurity for MSMEs (Micro, Small, and Medium Enterprises). Our ongoing motivation is to significantly enhance their cybersecurity landscape through innovation.
“Nowadays, we are witnessing increasing demand for cybersecurity that goes hand in hand with extensive use of technology in all aspects of our everyday lives. More and more applications are moving into the world of information technology, making a wide variety of features available immediately from our pockets. With this power comes also great responsibility, especially for micro and small businesses that often lack resources to effectively defend against evolving cyber threats. Ensuring their protection is essential to maintaining a healthy digital ecosystem.”
Dominik Malčík
Founder & CEO of Redamp.io
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