From 2022 to 2026, the Cybersecurity Market is expected to increase from $240.27 billion to $345.38 billion, with a CAGR (compound annual growth rate) of 9.5 percent. The rising complexity of cyber assaults and the frequency and severity of cyber frauds that result in large losses for enterprises, are all factors that have contributed to this increase. Organizations around the globe are investing in cutting-edge security technology to protect their networks against cyberattacks. Fraudsters are feasting on our increased digital presence and hyperconnectivity to commit creatively styled cyber-attacks.

To help combat this situation, the CYVO Ecosystem has been created which is your online security partner & protective shield that safeguards your data and lets you use various digital platforms freely without worrying about data theft or compromised security. Starting at the age of 17 in a Mumbai-based company, Ann has since worked her way through the ranks of management over the span of two decades and now heads CYVO Limited; an international corporation set in the ever evolving cyber tech & data encryption industry.

“Relentless drive and obstinate persistence are the two attributes that have served me well over the last 20 years. Throughout my career, I’ve had the good fortune of working with outstanding colleagues and mentors who have continuously pushed me to excel professionally”. Engaging in an exclusive interaction with Women Entrepreneur magazine, Ann Frank spoke about her career trajectory, obstacles overcome and her mantra to keep on moving, innovating and achieving.

Why Was CYVO Established? Tell Us About The Underlying Idea Behind The Company.

For as long as cyber criminals are inventing new and advanced methods to steal from unsuspecting victims, it is up to us to safeguard ourselves against such attempts. Through the use of post-quantum encryption, we have created a unique ecosystem which includes products such as the Ultra-Secure Operating System, Secure Web Browser, Next Generation Digital Wallet & Token with Revolutionary Communication Channels and Stealth Storage. By 2025, it is expected that cybercrime would cost $10.5 trillion,while losses from identity theft alone are at $56 billion in 2022.

Looking at these statistics, we believe that, the need of the hour is to use CYVO’s digital products, which safeguard users from such cyber threats with the click of a button. Our solutions are many generations ahead of anything else available currently in the market and have undergone rigorous testing by third-party businesses; comprised of former intelligence officers from some of the world’s leading intelligence organizations. The result is an unbreakable, unhackable, secure, and private digital ecosystem.

What Are The Various Roles & Responsibilities That You Shoulder As The CEO Of CYVO?

As CEO, while my primary role is to define the company’s long-term business plans while ensuring current profitability & growth, I manage alongside a critical task of also creating an organization that inspires people to come to work motivated and driven. We at CYVO firmly believe that our continuous societal obligation extends beyond providing the most secure digital solutions on the market to also educating the public about cyber security, data encryption, and overall privacy in general.

"What has kept me always moving forward has been my insatiable curiosity, determination and the compelling need to always explore ‘what’s next’"

 All our communication thus on various avenues always adopt an educative approach. In the leadership seat of an ever-evolving industry such as mine, adaptability and proactive engagement has served me very well. I’m fortunate to have a talented group of people working with me to make CYVO the preferred brand in the industry. Some of the world’s best encryption experts, coders, designers and industry veterans are part of our 112 member team based around the world.

Tell Us About Some Key Business Challenges That You Face In Your Current Role & How Do You Counter Them?

Cyber criminals are the only ones who benefit from the current global atmosphere of mistrust and poor coordination between corporate leaders and governing organizations. The need for cybersecurity is well acknowledged, yet it is often seen as an after thought. The best solution to counter the above is by raising awareness and the understanding of cybersecurity, it’s significance and the role it plays in our daily lives.

In this way we ensure to train and develop the next generation of cybersecurity experts and also tackle the current cyber theft issues that plagues us. It is my opinion that cybersecurity should be a top concern for all of us right now before it is too late. We at CYVO are proud that our products are continuously evolving to counter the many ways cybercrime is constantly developing and affecting us.

Drawing From Your Experience As A Successful Business Leader, What Would Your Advice Be To Young Women & Girls Who Also Aspire To Become Business Leaders & Entrepreneurs In The Future?

Entrepreneurial success is all about overcoming obstacles by learning from them and growing stronger and more resilient. Never letting a stumble keep you down, but using it to pivot and propel. Sometimes the moments that can feel like the worst setbacks do lead to some big opportunities and adventures.

Having my family as a strong pillar of support has been invaluable to me throughout my life, and they instilled in me the belief that nothing is impossible if I work hard and long enough. It’s important to find mentors and support group – a sort of tribe to help you grow and build you up. What has kept me always moving forward has been my insatiable curiosity and need to always explore ‘What’s Next’.

Ann Frank, CEO, CYVO

Ann Frank born and raised in India, completed her History Major & has a London Business School Digital Marketing Certification. In her two decades of professional experience, Ann has been part of various prominent companies like Barclays, IBM, Emaar Properties, Terex Corporation, CNH Industrial, and is currently the CEO of CYVO.