DFend
Who we are, and why we exist
What is DFend?
DFend is a real-time B2B cloud-based USER security service, leveraging AI and ML to identify and proactively stop nefarious activity against users.
We developed proprietary detection and threat algorithms that leverage AI / ML to combat the malicious use of AI to breach users, which can lead to corporate data breaches and digital identity theft.
We developed a marketplace of B2B applications that provides a single view of digital identity (ITDR) within an organization to recognize user fingerprint anomalies proactively in real time to thwart a corporate data breach or identity theft.
We automate threat intelligence response when recognizing behavior deviation and alert users and organizations to danger based on security policies.
The Global Cybercrime Problem
As users and organizations experience ongoing cyber threats, both will continue to experience digital asset and identity theft on a massive scale without DFend.
According to Cybercrime magazine, widespread cybercrime, has made its way in the top 10 rankings of the most severe risks in the next decade. They predict, by 2025, cybercrime exposure will be $10.5T annually.
The Team
An established founder with 20+ years of business and product development experience in Digital Identity, Digital Media, and SaaS. Chris knows first hand what it is like to experience digital identity theft
A security expert with 15+ years of offensive and defensive cyber experience in FinTech, Healthcare, and the Military. Michael's experience in defending the public and private sector has no bounds
An engineering and product leader with 15+ years of experience as a founder and CTO in Education, Marketing and SaaS. Jon knows how develop and scale platforms for developers and their users
Market Opportunity
The 2022 Identity Theft Resource Center annual data breach report, stated that over 1800 organizations reported a data breach, impacting over 400M users.
The FBI's Internet Crime Report 2022, stated they received over 800K cybercrime complaints, resulting in over $10.2B in potential losses. On average, the potential total loss per complaint, would be over $12k.
IBM's cost per data breach report, states that for every breach, it costs an organization $9.4M (Avg. US), and $4.3M (Avg. Globally).
In 2022, according to Chainalysis, nearly $4B in cryptocurrency was stolen due to cybercrime.
Source: ITRC - 2022 Annual Data Breach Report
Source: IBM - Cost of a data breach - 2022
Source: FBI - Internet Crime Report 2022
Source: Chainalysis - The 2023 Crypto Crime Report
Why are we raising now?
We're raising $2M to develop, hire additional team members, and acquire customers
$800k
$800k
$400k
and enterprise connections
data science, engineering, product, and security operations
DFend Differentiation
DFend provides the unified security layer vital to proactively defend users in real-time from social engineering and other malicious events that can lead to theft and data breach within organizations.
Detects good or bad digital identity behavior
Predicts transactional risk
Authenticates digital identity events
Verifies digital identity events
Notifies organization and user to approve or deny transactions
Creates Probability Security Score
Single Pane of Glass
One view of a users digital life
Connecting to all apps and services
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Easy to implement, easy to scale
Our API / SDK makes it easy for organizations to integrate our unified security service, users to connect their digital accounts, detect anomalies, threats,
and respond in real-time
Cloud-based security
Simple to integrate / bolt-on
Enhanced security layer
Simple API’s / SDKs
Defend your digital identity by connecting
your favorite apps and services
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Whats next for DFend?
Angel round in April, product development starts in July
Single pane of glass for all apps and services
Google Cloud, Workspace, API, SDK, Webhook
Expand current integrations to include global apps, and services
User Policies And Tools
Real-time reporting via mobile app, browser extension, and customized security policies with data and partner services