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NetSPI Achieves Banner Year in 2024, Poised for Accelerated Growth and Applied Innovation in 2025

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2 years ago

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Company simplifies the path to continuous threat exposure management (CTEM) with the new integrated NetSPI Platform

MINNEAPOLIS, Dec. 31, 2024 /PRNewswire/ — NetSPI®, the leader in proactive security solutions, announced a successful 2024 with double-digit revenue growth, key channel partnerships, substantial headcount growth and leap-ahead advancements in NetSPI’s platform-led product portfolio. From product strategy shifts to acquisitions, these milestones reinforce NetSPI’s commitment as the first proactive security company to offer a fully integrated suite of solutions and expertise to support a CTEM program.

Earlier this year, NetSPI transformed its product strategy, moving away from point solutions to introduce The NetSPI Platform with a unified approach to tackling modern threat environments. This strategic evolution was accompanied by a key acquisition of Hubble Technology Inc., a leader in cyber asset attack surface management (CAASM) and posture management solutions.

This acquisition, alongside NetSPI’s offerings — Penetration Testing as a Service (PTaaS), External Attack Surface Management (EASM), Cyber Asset Attack Surface Management (CAASM), and Breach and Attack Simulation (BAS) — uniquely positions NetSPI to enable its customers to establish CTEM programs through a single technology. By enabling cross-functional use cases — such as continuous penetration testing driven by asset inventory — through one streamlined platform, NetSPI provides its customers with greater assurance of security posture while enabling actionable insights for addressing risks.

“We’re taking an unprecedented approach to giving security teams the exact solutions they need to control their expanding attack surfaces and proactively defend against today’s threats,” said Aaron Shilts, CEO at NetSPI. “It’s been an incredible year, driven by the dedicated work of our security experts with the trust of our partners and customers. There’s more to come for NetSPI as we look forward to an even greater 2025.”

The rapidly evolving pace of today’s threat landscape requires a modern, proactive approach such as CTEM to stay ahead of adversaries — and NetSPI is leading the charge as the largest pure-play penetration testing provider in the world. NetSPI has showcased remarkable global influence, identifying 128 million vulnerabilities to date, completing more than 4,500 assessments in 2024, and supporting 1,942 customers across 37 countries. NetSPI’s Platform and its team of more than 300 consultants empowers organizations to continuously uncover, manage, and mitigate vulnerabilities, ensuring proactive defense against emerging risks.

“We’re focused on solving security challenges holistically,” said Tom Parker, CTO at NetSPI. “CTEM ensures a continuous cycle of identifying, assessing, and remediating threats. By integrating NetSPI’s market-defining solutions into a single platform, we are accelerating the journey for organizations to implement a CTEM program.”

In addition to product advancements, NetSPI continues to build momentum through its growing partner community, equipping partners to deliver innovative security solutions to their customers. With 57 new relationships formed this year alone, NetSPI’s Partner network now has 148 trusted industry leaders, including Ingram Micro, VLCM, Defy, and Softcat.

Through partnership collaborations like the AWS ISV Accelerate Program, NetSPI Partners are extending the reach and impact of The NetSPI Platform to AWS customers worldwide.

“Our growing partner ecosystem underscores the trust in NetSPI’s expertise and innovation,” said Shilts. “Industry analysts and partners alike are recognizing us as a disruptor, advancing the pentesting industry beyond point-in-time testing.”

NetSPI continues to set the standard by pushing the boundaries of product and services innovation, particularly in artificial intelligence (AI), with the launch of its LLM Benchmarking and Jailbreaking Services, designed to evaluate and strengthen resilience against real-world threats targeting applications leveraging large language models (LLMs) as well as the LLMs themselves.

Alongside this, NetSPI released the LLM Benchmarking Framework, a first-of-its-kind resource that rigorously tests how LLMs respond to adversarial conditions. The framework analyzes the ability to “jail break” an LLM, while assessing potential impacts on usability, offering unparalleled insights into LLM resilience.

In 2024, NetSPI achieved significant growth, increasing its headcount by over 30 percent to more than 650 employees. This expansion has further strengthened The NetSPI Platform, which is powered by our globally connected team of elite security experts. These professionals bring unmatched expertise and leverage advanced technology to effectively streamline the implementation of proactive security programs, ensuring NetSPI’s customers stay ahead in an evolving threat landscape.

About NetSPI

NetSPI is a proactive cybersecurity provider that helps businesses identify, prioritize, and fix critical security vulnerabilities to protect what matters most. Combining expert security teams, advanced technology, and intelligent processes, NetSPI enables organizations to approach cybersecurity with clarity, speed, and scale. 

With a unified platform that provides solutions like Penetration Testing as a Service (PTaaS), External Attack Surface Management (EASM), Cyber Asset Attack Surface Management (CAASM), and Breach and Attack Simulation (BAS), NetSPI delivers actionable insights and high-impact results tailored to business needs.

Trusted by top global brands—including nine of the top 10 U.S. banks and several Fortune 500 companies. NetSPI is headquartered in Minneapolis, MN, with offices worldwide. Follow us on LinkedIn and X.

Media Contact
Michelle Peterson, NetSPI
mpeterson@netspi.com
(612) 559-2176

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Crab2B Makes AsiaWorld-Expo Debut, Connecting Hong Kong’s Mobile Wholesalers with Global Buyers

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October 18, 2026

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HONG KONG, Oct. 18, 2026 /PRNewswire/ — Crab2B, a pioneering B2B trading platform dedicated to mobile devices and digital products, will make its debut at the HKICEC Global Mobile Exchange Pavilion during the Global Sources Hong Kong Shows, opening at AsiaWorld-Expo on October 18, 2026.

Hong Kong has long been a major hub for electronics wholesale trade, but buyers still often rely on fragmented channels to identify suppliers. Crab2B was created to bridge this gap, bringing Hong Kong-based mobile and digital product wholesalers together on one dedicated B2B platform. Headquartered in Hong Kong, Crab2B combines the manufacturing strength of mainland China and the Greater Bay Area’s extensive supply chain capabilities with Hong Kong’s established global trading network. Together, these strengths enable Crab2B to simplify cross-border sourcing, connect buyers directly with suppliers and make international trade more accessible and efficient.

For its first appearance at a major industry trade show, Crab2B is bringing together more than 200 merchants already registered on the platform, marking a significant milestone in its development. The Crab2B booth is expected to attract electronics traders from Southeast Asia, Europe, the Middle East and beyond. Visitors will be able to discover the app’s capabilities through live demonstrations, register on the platform and connect directly with participating merchants to explore business opportunities.

A buyer who experienced the Crab2B app shared: “With Crab2B, we no longer have to search far and wide for reliable suppliers. The platform brings Hong Kong’s mobile phone wholesalers together in one place, giving us greater visibility into available products and sourcing opportunities. Whether I’m at my desk or on the move, I can find products and connect with suppliers whenever I need to. For businesses like ours that source across borders, that kind of access makes a real difference. It saves time, reduces transaction costs and helps us do business more efficiently.”

Crab2B CEO Luo Yaohong said, “We want to be pioneers in cross-border B2B trading for digital products, creating new opportunities for Hong Kong’s wholesale industry. As Hong Kong places greater emphasis on developing digital trade, we’re addressing a longstanding gap in the market with a dedicated digital platform that connects Hong Kong’s electronics suppliers directly with buyers around the world. Our ambition is to make cross-border trading easier, faster and more accessible, while helping Hong Kong businesses reach new markets.”

The platform’s trade show debut is also attracting attention from international merchants, with exhibitors expressing interest in joining Crab2B to expand their reach into overseas markets. Meanwhile, merchants already registered on the platform are looking forward to the launch of its planned online marketplace, which will create further opportunities for sustained collaboration and business growth.

Building on this debut, Crab2B will remain firmly rooted in Hong Kong while expanding its connections with businesses around the world. The company will continue to enhance its platform with smarter sourcing tools, more comprehensive trading capabilities and an increasingly connected network of suppliers and buyers. By making it easier to discover products, establish business relationships and conduct cross-border transactions, Crab2B aims to open new opportunities for merchants of all sizes and help shape the next chapter of Hong Kong’s digital trade industry.

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SOURCE Crab2B

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Canton Fair Buyers Alliance Launched as the 140th Edition Opens

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6 hours ago

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October 18, 2026

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GUANGZHOU, China, Oct. 17, 2026 /PRNewswire/ — On October 15, the Canton Fair Buyers Alliance was officially launched at the Canton Fair Complex, marking a significant milestone as the fair celebrates the 70th anniversary of its founding.

More than 140 overseas buyers attended the launch ceremony, highlighting the fair’s enduring role as a bridge connecting global commerce with China’s export sector.

Speaking at the ceremony, Luís Vilariça, CEO of Joinco, Import & Export, Ltd., discussed his company’s long-standing relationship with the Canton Fair. Drawing on years of participation, he reflected on the growth opportunities created through cooperation with Chinese suppliers and highlighted the fair’s role in supporting international business development and global trade exchanges.

The ceremony also featured a joint declaration by alliance members. Representatives from five member companies read the statement in their respective native languages, underscoring the international character of the new organization. Additional members sent video congratulatory messages, joining the celebration and witnessing the official launch of the alliance.

The Canton Fair Buyers Alliance represents one of the fair’s key service innovations. Designed primarily for Fortune Global 500 companies, buyers from the world’s top 250 retailers and leading sourcing enterprises across a diverse range of markets, the alliance aims to offer members a platform for information sharing and resource coordination. The first cohort of alliance members includes 58 companies from 32 countries and regions across 5 continents. Through the alliance, members will gain access to a range of priority benefits spanning four major areas: services, events, resources and information.

 For more convenient attendance, please click here for pre-registration:

https://buyer.cantonfair.org.cn/register/buyer/email?source_type=16

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Bioethanol from human hair – Indian start-up’s solution to rising prices of grains and sugar

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7 hours ago

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October 18, 2026

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GUJARAT, India, Oct. 17, 2026 /PRNewswire/ — In what could be called the beginning of the 5G (fifth-generation) of bioethanol or non-cellulosic bioethanol or non-sugar-based biofuels, an Indian start-up, Techofest Global, based out of Gujarat, has developed its own, indigenous, and patented technology for the production of bioethanol from waste human hair. Such processes would significantly reduce the employment of sugars, grains, and agricultural residues, which form the classical first- and second-generation bioethanol feedstocks. As a result, the rising fuel-vs.-food/fodder debate is anticipated to reduce, and instead, ethanol produced from municipal/industrial waste, after trials, can supplement the current supply being used as blends with presently retailed fossil fuels (E20, E27, etc.). 

As stated by Dr. Ravi, the founder-CEO of Techofest Global, the strategic priority and the USP of the start-up is industrial symbiosis, which, typically, involves an ecosystem of up-cycling/valorising the effluents of an industry, thereby creating a value-chain for residues often lacking an end-of-life. With more than three decades of experience in designing customized nuclear fusion reactors for international programmes, such as ITER, JET/UKAEA and SST-1, Dr. Ravi, a seasoned mechanical engineer, spearheads the start-up’s patented technologies’ scale-up and commercialization.

Two biochemical engineers, Dr. Navnit – the former CTO, and Dr. Kabilan – the former CEO of Biomakerz, Chennai, are the brains behind the current technology/process portfolio of the joint-venture between Techofest Global and Biomakerz. They have been working on biorefineries’ process intensification for more than a decade. “Having foreseen the fuel-vs-fodder/food competition as early as the year 2015, we began developing techno-economically feasible and viable in-vitro metabolically-engineered bioprocesses for scaling-up ethanol production from municipal waste streams between 2019–2021”, says Navnit. After developing operational technologies for international biofuel organizations, serving process engineer roles with certain biorefineries-related OMC R&D’s of India, Dr. Navnit, presently works for a premier academic institution.

An on-going fermentation trial at the Techofest Global-Biomakerz JV’s R&D facility

Techofest Global has developed and tested, in its R&D JV’s pilot-facility of ~100-L, 3 innovative and cost-effective technologies, such as 5G ethanol production using human hair, used cooking oil (UCO), and enriched bio-methane production from disposed sanitary napkins.

“With massive CapEx and OpEx, 2G ethanol technology is facing a major commercialization bottleneck, owing to competition with food/livestock fodder, requirement of a cost-intensive pre-treatment procedure, and the requirement of cellulolytic cocktails, which have a poor recycle efficiency. The proprietary 5G SAFE process developed for the start-up circumvents the mentioned constraints, and instead, utilizes a single-stage saccharification followed by fermentation, and records over 85–90% biocatalyst recovery. Likewise, the proprietary SIM process for bio-methane production, exclusively developed for the start-up, is 2x faster with improved intermittent feeding cycles and continuous gas harvest”, says Navnit.

“With on-going pre-commercialization trials, the proprietary ethanol and bio-methane processes of ours are soon being commercialized”, says Ms. Bhumika, the co-founder and the corporate advisor of the start-up. Furthermore, Mr. Ronak pilots the organization’s global market entry and commercialization frontier.

Techofest Global’s veteran Principal Technology Advisors include: Dr VS Tripathi, former Joint Director, DRDE Gwalior, Dr B S Munjal, former Director, Structures and Thermal group, SAC/ISRO, Academician and Advisor CIKS-Dharohar, GTU, and Dr AV Santhanababu, former Scientist at Satish Dhawan Space Centre. With on-going R&D activities, Dr. Munjal says, “the start-up is striving to provide a unique solution along the lines of the Atmanirbhar and Viksit Bharat Vision 2047”.

Media Contact: www.techofestglobal.com; e-mail: info@techofestglobal.com; contact person: The PR team of Techofest Global.

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