Paul Fan

CYBAVO CEO / Co-founder

• CYBAVO is the largest consulting firm in Taiwan providing security expertise, successfully expanding into the Eastern Asia, European and North American markets.
• Completed a $4 million Pre-A round of financing, co-led by global venture capital firm 500 Startups, Heding Assets and New Economy Ventures.
• Provides wallet custody services for almost all exchanges in Taiwan.

 

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2022 Prediction

 

Institutions and banks will increase its demand for secured digital asset custody systems, transaction compliance related technical services will increase substantially, each public chain applications will surge, and more users will engage in the DeFi/NFT/GameFi applications.

 

Intro

 

Paul Fan is a senior expert with 20 years of experiences in information security field. He has a master degree in Information Engineering from National Yangming Chiao Tung University. He once worked as a senior software engineer and senior manger in core technology department at Trend Micro, he then worked as senior director at Qihoo 360. Within 7 years time, Paul boosted Qihoo 360 from a 300-people company to a NYSE listed company with 5,000 employees, Paul eventually was promoted as general manager of Qihoo 360’s core technolody group. In 2018, Paul flew back to Taiwan and founded CYBAVO.

 

About CYBAVO

 
CYBAVO was founded in 2018, the year when cryptocurrency begin to emerge. The demand for private key management security solutions have surged in the digital asset field. The purpose for founding this company is to fulfill the markets demand. Both CYBAVO co-founders Paul Fan and Tim Hsu are senior professionals in the field of information security in Taiwan, over the past 20 years, they provided consulting services on security based expertise to the largest companies in the industry, also they participated in the company’s product planning and operation, such as Trend Micro and Qihoo 360.

From 2016 to 2018, we witnessed the rapid rise of crypto market value throughout APAC region, especially massive rises for crypto exchanges in China, South korea, Japan and Taiwan.

During this period, crypto exchanges suffered from continuous security attacks, each attack events could caused the company tens of millions of dollars. Therefore, Paul and Tim continue to receive requests from companies like exchanges and law enforcement agencies to seek for security attack analyses assistant. All these experiences prompted them to build a powerful tool to fully protect the transaction security and user assets.

After conducting multiple information security audits, Paul and Tim decided to combine CYBAVO’s up to 100 years of added experiences to build a powerful and secured digital asset management platform, which is embodied in CYBAVO’s core solution CYBAVO VAULT, and becoming the best solution to protect assets in the crypto industry.