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$SFET Safe-T Group Reports Record Annual Revenue o

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Post# of 109735
(Total Views: 195)
Posted On: 03/29/2022 2:30:10 PM
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Posted By: louied91
$SFET Safe-T Group Reports Record Annual Revenue of $10.3 Million Representing Over 110% Growth


https://www.globenewswire.com/news-release/20...rowth.html

Accelerating Consumer Business:

Acquisition of CyberKick Ltd. (“CyberKick”): the acquisition significantly contributed to growth of the Company as its consumer privacy and cybersecurity products gained traction in large geographic markets.
Cybersecurity for Consumers: we launched the first generation of iShield™, our most advanced cybersecurity product for consumers, quickly adding a new layer of protection to help consumers and small and mid-sized businesses defend against emerging ransomware attacks.
Privacy for Consumers: at the beginning of 2022, our newest consumer privacy solution is close to the 15,000-subscriber milestone. In addition, we launched a new malvertising protection product for Apple iOS devices, named Ad Blocker Pro.
Expanded Enterprise Business:

Privacy for Organizations: this segment recorded 63% annual growth in 2021. During the year, the enterprise privacy business launched its next generation IP Proxy network product targeting larger businesses and B2B customer markets. We also launched a new enterprise data collection solution, or Data Collection-as-a-Service (“DCaaS”), enabling unlimited collection of online, public, web-based data for business analytics and secured a first DCaaS project with a global data services company. Our enterprise privacy business also gained momentum in the Asia-Pacific region with over 75 new clients, including e-commerce and NFT (Non-Fungible Token) organizations.
Cybersecurity for Enterprises: recent geopolitical events reinforced the growing demand and need for solid tools for overcoming new threats. Safe-T and TerraZone Ltd. (“TerraZone”) collaborated to advance global sales, marketing, and development of our ZoneZero® Zero Trust network access software technology, targeting global enterprises.


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