CY4GATE (CY4.MI) - company active in the 360° cyber market, announces that EthiFinance, after completing the assessment, has evaluated the Cy4Gate Group with an ESG-ES rating with a score of 82/100, a clear improvement in all areas compared to 2023.

Cy4Gate achieved a score of 82/100 EthiFinance ESG Ratings 2024, based on data for the year ending on December 31,2023, thanks to an improvement in the management of three of the four areas subject to evaluation. Scores range from 0 to 100, with 100 being the highest score. With the score obtained, Cy4Gate is significantly above the average of the 264 companies subject to the rating belonging to the Information Technology sector

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Rome, July 25, 2024 – CY4GATE (CY4.MI), national and European leader in the cyber security and cyber intelligence sector, announces that the company XTN Cognitive Security®, part of the CY4GATE group since January 2024, was cited as representative vendor in in the recent Gartner Hype Cycle for Generative AI in Banking report. This mention is useful to demonstrate the maturity, excellence and innovation of XTN in the fields of Fraud Detection, an area in which the brand has consolidated a solid positioning on the domestic market over the years, aiming for internationalisation. The behavioral analysis component, enhanced by Artificial Intelligence and Machine Learning models, is the basis of the technology that constitutes the true competitive advantage for the development of more efficient and accurate anti-fraud solutions in the banking sector.

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