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Cybersecurity Losses to Exceed $Trillions by 2025:

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Post# of 52
(Total Views: 235)
Posted On: 07/09/2022 10:11:46 AM
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Posted By: louied91
Cybersecurity Losses to Exceed $Trillions by 2025: SFET

https://topnewsguide.com/2022/07/08/cybersecu...ur-c-sigl/

Safe-T Group Ltd (NASDAQ:SFET) – The first one that ought to go into the watch lists of investors at this point in time is the Safe-T Group Ltd stock. As it happens, the company was in the news this week as well after it made a key announcement back on Wednesday. The company provided an update with regards to its preliminary projections for the first half of the year.

The numbers were presented based on a preliminary but unaudited review that had been conducted by Safe-T Group. The company announced that in the second fiscal quarter that ends on June 30, 2022, it expects to bring in revenues to the tune of as much as $4.6 million and that would reflect a year-on-year rise of $1.8 million. It would reflect a year-on-year rise of a whopping 150%.

The revenues for the first six months of the year that ended on June 30, 2022, are expected to be more than $8.6 million as opposed to revenues of $3.1 million in the prior-year period. That would reflect a year-on-year rise of as much as 175%. Safe-T Group added that the continued growth in revenues was a function of its investment in its privacy-related products.


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