Peak Group’s Investee Company TOFFS Rides the Wave of Increased Demand for Cybersecurity as COVID-19 Spreads

With the COVID-19 pandemic surging around the world, many companies have had to switch to a work-from-home policy to keep their employees safe. The rush to onboard new applications and services that enable remote work, combined with insecure connections and dangerous security practices of employees, has significantly widened the attack surface and security strategies need to be updated to match this new dynamic threat landscape. Recently, multiple organizations and government agencies have reported or warned of increased cyber-attacks globally since the outbreak of the pandemic, including the World Health Organization (WHO) and Singapore Computer Emergency Respond Team (SingCert)

TOFFS Technologies (“TOFFS”), the market leader in providing Multi-Content Delivery Network (MCDN) solutions, provides a robust validation process by differentiating valid users from attacking bots, thereby helping prevent distributed denial-of-service (DDoS) and other attacks. As remote and online solutions become the primary means for work during the lockdown period globally, TOFFS is experiencing increased demand for its MCDN solutions, driven by strong company fundamentals and the exponential increase in demand for network services as a result of the pandemic.

Meanwhile, in response to the increased need for telecommuting in many countries, TOFFS launched its proprietary video conferencing application, TOFFS MEET, recently. TOFFS MEET is a cloud-based app that supports secured video conferencing and remote collaboration solutions, and it has been very well received by its target community since the launch.