Cyfinoid Research Private Limited

What Cyfinoid Research Private Limited does

Cyfinoid Research Private Limited is a boutique cybersecurity research and training firm incorporated in India, headquartered in Bhopal (Madhya Pradesh), operating with a headcount of 1-10. Its core product is a portfolio of three flagship, research-driven, hands-on training programs: 'Hacking Multi-Cloud Infrastructure' (covering AWS, Azure, GCP, DigitalOcean, Aliyun, Kubernetes), 'Attack & Defend Software Supply Chain' (covering developer desktop, source repositories, CI/CD, artifacts, and cloud environments), and 'Attacking CI/CD Environments' (covering GitHub Actions, GitLab CI, Jenkins, and Bitbucket Pipelines). A fourth course on Third-Party Risk Management is scheduled for BlackHat USA 2026. Adjacent to these trainings, the firm has published four named open-source research tools (3P Tracer, GH Navigator, Keychecker, SBOMPlay) and offers a self-serve digital-products storefront with a no-refunds policy.

The business operates three revenue streams: (a) conference-channel training revenue, where prices are set by event organizers at BlackHat (Asia/USA/EU), DEFCON, Nullcon, c0c0n, BruCON, BSides, and similar venues; (b) private/corporate training delivered on-site or virtually on a quote basis through website-driven inquiries; and (c) one-time digital product sales. Marketing is content- and conference-led: conference presence, technical blog posts, and OSS tool releases build authority with security professionals, red teamers, and enterprise security teams. Named customers span Fortune 500s down to startups, with a specific testimonial cited from Charles River Associates (Principal, Forensic Services).

Strategically, Cyfinoid is principal-led by founder and chief researcher Anant Shrivastava, whose repeat placements at BlackHat and DEFCON serve as both brand credential and distribution channel. The firm has expanded its research portfolio in 2025 to include an 'AI: Usage and Security' vertical addressing risks such as prompt injection, unsafe tool use, and data leakage, positioning for the next cycle of offensive security demand. No external funding rounds, M&A activity, or institutional investors are disclosed, indicating a self-funded, founder-operated operating model with growth constrained primarily by principal bandwidth rather than capital availability.

Name

Cyfinoid Research Private Limited

Legal name

Cyfinoid Research Private Limited

Website

https://cyfinoid.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

1–10 employees

Short description

Cyfinoid Research Private Limited is a Bhopal, India-based cybersecurity research and training firm offering hands-on offensive security courses on multi-cloud, software supply chain, and CI/CD environments, delivered via BlackHat, DEFCON, and corporate channels, serving security professionals and enterprise teams from startups to Fortune 500s.

Ownership category

akta.pro rank

Product category

Cybersecurity Training

NAICS

Computer Training (611420), Other Scientific and Technical Consulting Services (54169)

akta.pro primary industry

Cybersecurity Awareness & Digital Safety Training for Security Personnel (BPAKAOAO)

akta.pro secondary industries

Cybersecurity (EDAAAPAC), Cybersecurity (Digital Safety, Ethical Hacking Basics) (EDAMACAH)

Keywords

• Cybersecurity training
• Offensive security
• Cloud security training
• Software supply chain
• Penetration testing

Headquarters

HQ city

Bhopal

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Security Training - Conference: Training delivered at major security conferences (BlackHat, DEFCON, Nullcon, c0c0n, BruCON, BSides). These are typically 2-day hands-on workshop-style trainings covering cloud security, software supply chain, and CI/CD environments. Revenue generated through participant registration fees.
2. Security Training - Private/Corporate: Customized private training sessions for organizations delivered on-site or virtually. Can be deeper into defense, governance, hardening, provenance, and practical measures. Contact-based pricing for enterprise clients.
3. Digital Products: Digital products sold online with no refunds policy. Technical support provided within 14 days for technical issues. Purchases are final once completed.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Cyfinoid Research delivers hands-on cybersecurity training programs focused on offensive security techniques across cloud environments, software supply chains, and CI/CD systems. The company also develops and releases open-source security research tools (3P Tracer, Keychecker, GH Navigator, SBOMPlay) and conducts research that is published through major security conferences.

Product overview

Cyfinoid Research is a cybersecurity research and training company that offers a portfolio of hands-on training programs and open-source security tools. The core offerings consist of three active training programs: 'Hacking Multi-Cloud Infrastructure' (cloud security), 'Attack & Defend Software Supply Chain' (supply chain security), and 'Attacking CI/CD Environments' (CI/CD security). Additionally, the company has released several open-source tools including 3P Tracer (third-party mapping browser extension), GH Navigator (GitHub security analysis), Keychecker (SSH key audit tool), and SBOMPlay (SBOM generation). The training programs are research-driven and delivered at major security conferences (BlackHat, DEFCON, Nullcon, c0c0n) and through private/corporate sessions. An archived training on Android security is no longer offered. The company also maintains active research areas in Software Supply Chain Security, Cloud Security, and AI Usage & Security.

Differentiator

Problem solved

Functional benefit

Products and services

• Hacking Multi-Cloud Infrastructure A hands-on training program that teaches participants to think about cloud environments the way attackers do, focusing on trust boundaries, identity, storage, metadata, orchestration, automation, and attack patterns that repeat across multiple cloud providers. Designed for security professionals, red teamers, and pentesters.
• Attack & Defend Software Supply Chain A comprehensive training covering software trust across the full delivery lifecycle, from developer desktop and source repositories to CI/CD, package ecosystems, artifacts, deployment systems, containers, and cloud environments. Addresses producer, consumer, and end-user perspectives on supply chain security.
• Attacking CI/CD Environments A training program focused on CI/CD systems as high-trust control planes, teaching how attackers abuse repositories, workflows, runners, tokens, artifacts, and integrations to achieve code tampering, secret theft, cloud abuse, and supply chain compromise across GitHub Actions, GitLab CI, Jenkins, and Bitbucket Pipelines.
• Attack & Defend Android Applications (Archived) An archived mobile security training covering Android application security testing and defense techniques. No longer offered as current public or private training but maintained as a reference for previous attendees and historical research record.
• 3P Tracer An open-source browser extension for third-party mapping, enabling visibility into third-party dependencies and integrations within web applications. Contributes to cloud and software supply chain security research.
• GH Navigator An open-source tool providing full coverage of GitHub's data and control planes, designed to address blind spots in GitHub token and SSH-based activity monitoring.
• Keychecker An open-source research tool created to address the lack of public logging for SSH key actions on GitHub, enabling username detection and private repository bruteforcing capabilities.
• SBOMPlay

Quantifiable outcome

• Training conducted at major security conferences including BlackHat (Asia, USA, EU), DEFCON, Nullcon, c0c0n, BruCON, and BSides

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature5 records

Partnerships

Six partnerships are on record, tiered core and minor.

• BlackHatcoreOthersBlackHat is a major security conference series (Asia, USA, EU) where Cyfinoid regularly delivers training sessions. Cyfinoid has conducted training at BlackHat Asia 2017, 2018, 2024, 2025, BlackHat USA 2022-2025, and BlackHat EU 2025.
• DEFCONcoreOthersDEFCON is a premier hacker conference where Cyfinoid delivers training. Cyfinoid has conducted training at DEFCON 2025 and has upcoming sessions at DEFCON 2026.
• NullconcoreOthersNullcon is an Indian security conference where Cyfinoid has delivered training multiple times including Nullcon 2025 (Goa) and Nullcon Hyderabad 2024.
• c0c0ncoreOthersc0c0n is an Indian security conference. Cyfinoid has delivered training at c0c0n 2024 and has an upcoming training at c0c0n 2026.
• BruCONminorOthersBruCON is a Belgian security conference where Cyfinoid delivered Attacking CI/CD Environments training in April 2025 (online).
• Byt3con TrainingsminorOthersBangalore-based security training organization. Cyfinoid delivered Attack and Defend Software Supply Chains training in June 2026.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• SECFORCE:
• Altered Security:
• Wadhwani AI / NotSoSecure: NotSoSecure is a boutique offensive security training firm delivering courses at BlackHat, DEFCON, and corporate venues covering web, network, and cloud penetration testing. It is a direct conference-circuit competitor to Cyfinoid with overlapping instructor-driven, hands-on course format.
• Antisyphon Training: Antisyphon Training curates instructor-led cybersecurity courses across offensive, cloud, and AppSec domains, partnering with independent practitioners. It competes with Cyfinoid for the same practitioner training wallet and the same conference-style delivery model.
• Offensive Security (OffSec): OffSec provides offensive security training (OSCP, OSWE) and is a direct competitor in penetration testing and red team education. Both Cyfinoid and OffSec sell hands-on offensive methodology to security professionals, though OffSec operates a much larger certification-driven business.
• Pentester Academy (by SecurityTube): Pentester Academy offers video-based and live training on offensive security, cloud, and DevSecOps topics from a similar instructor-led model. It directly overlaps Cyfinoid's multi-cloud and CI/CD training content and serves the same security professional audience.

Broad incumbents

• SANS Institute: SANS is the largest dedicated cybersecurity training and certification provider globally, offering instructor-led and online courses across offensive, defensive, and cloud security. It competes with Cyfinoid in the same hands-on, conference-style training niche but at vastly greater scale and brand recognition.
• INE Security (eLearnSecurity): INE owns eLearnSecurity and offers a broad catalog of cybersecurity and networking training with hands-on labs. It overlaps with Cyfinoid in penetration testing and cloud security training for security professionals, but at much larger scale and with a certification focus.

Regional players

• AppSec Labs: AppSec Labs is an Israel-based application and cloud security training and consulting firm. It is comparable in service offering (training plus research-led content) and conference presence, but operates primarily in EMEA rather than competing head-to-head in India or APAC.

Emerging players

• TCM Security: TCM Security is a growing cybersecurity training provider with practical, affordable courses in ethical hacking, penetration testing, and security awareness. It targets the same practitioner persona as Cyfinoid and is expanding into corporate training offerings.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/cyfinoid
• LinkedInlinkedin.com/company/cyfinoid

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cyfinoid Research Private Limited