The Opportunity

Wolverine Technologies Corp. is committed to investing in the Cyber Security industry, we feel the opportunity is enormous.

President Obama considers the threat serious enough that he is seeking $14 billion to boost U.S. cyber security defenses and has moved it to the top of his 2015 agenda. Attacks against Sony, Home Depot Inc, Anthem Inc and Target Corp. as well as the federal government itself are a big part of this increased budgeting and concern. Even the much smaller Canadian government will spend as much as $100 Million on Cyber Security in 2015.

Wolverine is positioning itself to be a part of that budget.

After the cyberattack on Sony Pictures in 2014 the US created a new intelligence unit called “Cyber Threat Intelligence Integration Center” which is focused completely on Cyber Security. At the same time Lisa Monaco, President Barack Obama’s homeland security and counterterrorism adviser, said that cyberbreaches are ballooning in size and sophistication, to U.S. agencies.

Our current relationship with Enigma Mobile is only our first involvement in the industry, we are constantly looking for and researching new cyber security related small companies that could benefit from our involvement.

References
Reuters – Obama seeks $14 billion to boost U.S. cyber security defenses
Globe and Mail – To guard government computers from hacking, Ottawa to spend $100-million on security
Reuters – U.S. creates new agency to lead cyberthreat tracking