Frank\u00adfurt am Main \u2014 Deut\u00adsche Betei\u00adli\u00adgungs AG (DBAG) has acqui\u00adred a mino\u00adrity stake in Bug Bounty Switz\u00ader\u00adland AG (BBS). The invest\u00adment is part of a long-term parti\u00adci\u00adpa\u00adtion and is made exclu\u00adsi\u00advely with funds from DBAG\u2019s balance sheet. BBS, based in Lucerne, is the Swiss pioneer for ethi\u00adcal hack\u00ading, intel\u00adli\u00adgent secu\u00adrity test\u00ading and the service-as-soft\u00adware model. DBAG, toge\u00adther with lead inves\u00adtor Diret\u00adtis\u00adsima Growth Part\u00adners, is inves\u00adt\u00ading as part of a capi\u00adtal increase, which will be used exclu\u00adsi\u00advely for the further growth of the company. Diret\u00adtis\u00adsima is a Euro\u00adpean growth equity inves\u00adtor based in Zurich and Munich with opera\u00adtio\u00adnal scale-up expe\u00adri\u00adence in the B2B tech\u00adno\u00adlogy sector. <\/p>\n
With the Cyber Resi\u00adli\u00adence Shield secu\u00adrity plat\u00adform, BBS enables its custo\u00admers to carry out conti\u00adnuous, scalable secu\u00adrity assess\u00adments of their entire expo\u00adsed attack surface without inter\u00adnal specia\u00adlists or frag\u00admen\u00adted indi\u00advi\u00addual solu\u00adti\u00adons. Human+Machine: Bug Bounty Switz\u00ader\u00adland combi\u00adnes 16,000 experts with AI tech\u00adno\u00adlogy to provide orga\u00adniza\u00adti\u00adons and compa\u00adnies with a strong phalanx against poten\u00adtial cyber\u00adse\u00adcu\u00adrity risks. <\/p>\n
Stra\u00adte\u00adgic invest\u00adment in a fast-growing cyber\u00adse\u00adcu\u00adrity provider Invest\u00adments from balance sheet funds enable long-term partnerships Intel\u00adli\u00adgent secu\u00adrity tests for the AI era Tom Alzin, CEO, Deut\u00adsche Betei\u00adli\u00adgungs AG<\/strong>, says: \u201cBBS is addres\u00adsing a market that is getting bigger, not smal\u00adler, thanks to AI. The company controls precis\u00adely the part of the value chain that no auto\u00adma\u00adtion has been able to replace so far: the orchestra\u00adtion of the entire secu\u00adrity test\u00ading program, embedded in the speci\u00adfic context of each custo\u00admer. The fact that BBS has built up this model comple\u00adtely and profi\u00adta\u00adbly on its own is a strong quality feature. We see this as a long-term part\u00adner\u00adship with considera\u00adble poten\u00adtial for added value.\u201d <\/p>\n \u201cBBS combi\u00adnes three things that rarely come toge\u00adther: a diffe\u00adren\u00adtia\u00adted product built on years of proprie\u00adtary know-how and data, profi\u00adta\u00adble opera\u00adti\u00adons from the start without exter\u00adnal funding, and a market where conti\u00adnuous cyber\u00adse\u00adcu\u00adrity test\u00ading of best prac\u00adtice is beco\u00adming the stan\u00addard. The team has earned the privi\u00adlege of rede\u00adfi\u00adning and leading this cate\u00adgory,\u201d says Phil\u00adipp Bolli\u00adger, Part\u00adner at Diret\u00adtis\u00adsima Growth Partners. <\/p>\n Growth poten\u00adtial in a struc\u00adtu\u00adrally growing market \u201cWhile AI is funda\u00admen\u00adtally rede\u00adfi\u00adning cyber secu\u00adrity, orga\u00adniza\u00adti\u00adons need protec\u00adtion that is conti\u00adnuous, intel\u00adli\u00adgent and easy to use. That\u2019s exactly what we\u2019re alre\u00adady deli\u00adve\u00adring to some of Euro\u00adpe\u2019s most secu\u00adrity-conscious orga\u00adniza\u00adti\u00adons \u2014 and now we\u2019re brin\u00adging it to market globally. With the support of Diret\u00adtis\u00adsima and DBAG, we are making intel\u00adli\u00adgent secu\u00adrity test\u00ading the new stan\u00addard,\u201d says Sandro Nafzger, CEO & Co-Foun\u00adder of Bug Bounty Switz\u00ader\u00adland AG.<\/strong><\/p>\n Inter\u00adna\u00adtio\u00adna\u00adliza\u00adtion and scaling as the next growth phase Frank\u00adfurt am Main \u2014 Deut\u00adsche Betei\u00adli\u00adgungs AG (DBAG) has acqui\u00adred a mino\u00adrity stake in Bug Bounty Switz\u00ader\u00adland AG (BBS). The invest\u00adment is part of a long-term parti\u00adci\u00adpa\u00adtion and is made exclu\u00adsi\u00advely with funds from DBAG\u2019s balance sheet. BBS, based in Lucerne, is the Swiss pioneer for ethi\u00adcal hack\u00ading, intel\u00adli\u00adgent secu\u00adrity test\u00ading and the service-as-soft\u00ad\u00adware model. [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":60194,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[1366],"tags":[],"class_list":["post-60196","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en"],"yoast_head":"\n
\n<\/strong>
\n With its invest\u00adment in BBS, DBAG is expan\u00adding its port\u00adfo\u00adlio to include a profi\u00adta\u00adble, highly scalable provi\u00adder in the struc\u00adtu\u00adrally growing cyber\u00adse\u00adcu\u00adrity market. The company was foun\u00added in 2020 by Sandro Nafzger, Florian Badert\u00adscher <\/strong>and Lukas Hepp\u00adler<\/strong> in Lucerne and was built up enti\u00adrely on its own without exter\u00adnal finan\u00adcing. BBS has successfully made the tran\u00adsi\u00adtion from a project-based service model to the Cyber Resi\u00adli\u00adence Shield subscrip\u00adtion plat\u00adform with a high propor\u00adtion of recur\u00adring reve\u00adnue. BBS now has around 52 custo\u00admers, inclu\u00adding the fede\u00adral govern\u00admen\u00adt\u2019s Natio\u00adnal Cyber Secu\u00adrity Center (NCSC) and leading compa\u00adnies in the finan\u00adcial services, defense and criti\u00adcal infra\u00adstruc\u00adture sectors. The foun\u00adding team conti\u00adnues to hold the majo\u00adrity of shares and plays a key role in shaping the stra\u00adte\u00adgic direction. <\/p>\n
\n<\/strong>
\n DBAG\u2019s long-term invest\u00adment stra\u00adtegy focu\u00adses on mino\u00adrity share\u00adhol\u00addings for which funds are used exclu\u00adsi\u00advely from the company\u2019s own balance sheet. This enables a holding period that extends beyond the usual term of a private equity fund invest\u00adment and offers grea\u00adter flexi\u00adbi\u00adlity in the stra\u00adte\u00adgic orien\u00adta\u00adtion and growth support of the port\u00adfo\u00adlio compa\u00adnies. To date, DBAG has inves\u00adted in six other compa\u00adnies as part of this invest\u00adment stra\u00adtegy, one of which has alre\u00adady been sold in full and another partially. <\/p>\n
\n<\/strong>
\n BBS addres\u00adses one of the most pres\u00adsing struc\u00adtu\u00adral chal\u00adlenges of digi\u00adta\u00adliza\u00adtion: with the incre\u00adasing use of AI, attack surfaces, attack speed and attack comple\u00adxity are incre\u00adasing simul\u00adta\u00adneously. BBS meets this deve\u00adlo\u00adp\u00adment with a proprie\u00adtary service-as-soft\u00adware approach that consis\u00adt\u00adently combi\u00adnes human and machine intel\u00adli\u00adgence: The plat\u00adform orchestra\u00adtes over 16,000 vetted ethi\u00adcal hackers and AI agents in a closed loop that conti\u00adnuously models, tests and evalua\u00adtes each custo\u00admer\u2019s attack surface. This provi\u00addes compa\u00adnies with long-term active protec\u00adtion. The decisive compe\u00adti\u00adtive advan\u00adtage lies in the orchestra\u00adtion level, the regu\u00adla\u00adtory work\u00adflows and the accu\u00admu\u00adla\u00adted insti\u00adtu\u00adtio\u00adnal test\u00ading know\u00adledge. Combi\u00adned, this is a stra\u00adte\u00adgic advan\u00adtage that is struc\u00adtu\u00adrally diffi\u00adcult to repli\u00adcate. In addi\u00adtion, Bug Bounty Switz\u00ader\u00adland not only offers test\u00ading proce\u00addu\u00adres, but above all trans\u00adpa\u00adrency. Findings are conti\u00adnuously trans\u00adla\u00adted into the respec\u00adtive corpo\u00adrate context and the corre\u00adspon\u00adding risk assess\u00adments. This means that all rele\u00advant demand groups remain capa\u00adble of acting. <\/p>\n
\n<\/strong>
\n The global market for cyber\u00adse\u00adcu\u00adrity test\u00ading is growing at an annual rate of 25% (USD 14.7 billion in 2024 to an expec\u00adted USD 43.9 billion in 2029). This is driven by incre\u00adasing regu\u00adla\u00adtion, parti\u00adcu\u00adlarly in the finan\u00adcial services, defense and criti\u00adcal infra\u00adstruc\u00adture sectors, as well as the expan\u00adsion of attack surfaces due to AI and the struc\u00adtu\u00adral shift from selec\u00adtive to conti\u00adnuous secu\u00adrity solu\u00adti\u00adons. Accor\u00adding to a recent market study by Houli\u00adhan Lokey, 91% of the compa\u00adnies surveyed plan to increase their spen\u00adding on cyber secu\u00adrity in 2026. Cyber\u00adse\u00adcu\u00adrity is conside\u00adred to be one of the areas that will bene\u00adfit struc\u00adtu\u00adrally from AI deve\u00adlo\u00adp\u00adment instead of being disrupted. <\/p>\n
\n<\/strong>
\n Toge\u00adther with the manage\u00adment and lead inves\u00adtor Diret\u00adtis\u00adsima Growth Part\u00adners, DBAG plans to profes\u00adsio\u00adna\u00adlize the orga\u00adniza\u00adtion, acce\u00adle\u00adrate growth in Switz\u00ader\u00adland and deve\u00adlop inter\u00adna\u00adtio\u00adnal markets. In parti\u00adcu\u00adlar, DBAG will contri\u00adbute its access to the German-spea\u00adking and Italian regi\u00adons and its exper\u00adtise in scaling high-growth companies.<\/p>\n","protected":false},"excerpt":{"rendered":"