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Cryptors: Hackuna to be top mobile security app in 2020

FILIPINO-OWNED Cryptors Cybersecurity Inc. has officially launched its “Hackuna Anti-Hack,” touted as the first of its kind in the world capable of blocking hackers within the network from hacking the user, simply by pressing the WiFi Blocker button.

The mobile application, developed by 21-year-old Alexis Lingad, CEO of Cryptors, is expected to grow tenfold in terms of download globally by end of 2018.

“Before, we have to be extra careful in connecting to free Wi-fi on public areas such as train stations, coffee shops, malls and government offices because these are the places where Wi-fi hackers mostly catch their victims,” he said during Hackuna’s presentation recently in McKinley Hill, Taguig.

“But because Hackuna app is already here to protect your mobile phones against these threats, you don’t need to worry anymore,” he added.

Through the Permission Analyzer button, it can detect the apps that have unreasonable permission to access the user’s private data, camera, mic, short message service or SMS, global positioning system or GPS, call logs and contacts without him or her knowing it. 

Moreover, Hackuna’s Malware Buster has the ability to detect the hidden spy apps and the trojans that hackers use in hacking and controlling a user’s phone remotely.

Following its soft launch in Google Play in August, it has already reached 10,000 downloads internationally, mostly from the United States, the Philippines and India. 

Usage-wise, its average utilization rate per day is 70 percent, 20 percent and 5 percent in the US, the Philippines and India, respectively.   

“Usually, a mobile security app takes a month to have its 1,000 installments. Hackuna just did 10 times of that. In just one month after its public launch, it gained 10,000 plus downloads. Usually, there are only 1 to 5 percent daily active users in  security mobile apps but in Hackuna, we have 30 to 40 percent daily active users [on the average],” Lingad explained.

Focusing on further developing the app’s quality, he told the BusinessMirror that their target of hitting 100,000 downloads by end of 2018 worldwide.

The CEO said monthly kickoff activities are in the pipeline for Hackuna’s new editions and added features, starting with the launch of its iOS version on October 5; followed by the premium version on November 5; Police Algorithm, December 5; and desktop version, January 5, 2019. 

These initiatives, once fully implemented, are seen driving the firm’s goal to become the leading mobile security app in Southeast Asia by 2020, with half-a-million downloads.

Since the company plans to offer these upgrades either at a minimal charge or via subscription, they will help monetize the app more to contribute to the business growth, according to him. 

“We want Hackuna to surpass by 25 percent the revenue of our Bug bounty platform last year,” he said, without citing the exact figure.

In 2014 Cryptors was established with its first offering, Bug bounty program, which harnesses the services of “white hats” or ethical hackers to find vulnerabilities in a system or web site. The first of its kind in the region, it rewards individuals for discovering and reporting software bugs. 

Two years ago, the firm was supported and mentored by software development company 8layer Technologies for about six months. In June of this year, it won a six-month incubation program from KMC Solutions.

 

2 comments
  1. How would a person go about finding his or her employer? Apparently there are secret employers involved in a double blind study.

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