$SWISF With Business Email Hacks On The Rise, One
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TORONTO, ON / ACCESSWIRE / June 13, 2023 / Data privacy and security company Sekur Private Data Ltd (OTCQX:SWISF)(CSE:SKUR)(FSE:GDT0) is launching its new service, Sekur Enterprise Solutions, by the end of July 2023, offering protection against Business Email Compromise.
The service will allow full user management and offers message and email archiving features as well as an admin dashboard for mass onboarding and employee management. Enterprise will also include an email feature that allows C-level emails to use Sekur's privacy network while the rest of the employees remain on the original email hosting company's platform.
This split-level feature will ensure privacy protection at the highest level while avoiding the costly expense of migrating an entire company's email service. Sekur Enterprise will be available for small- and medium-sized businesses, large enterprises as well as government organizations.
"We are very excited to be on track to launch our Sekur Enterprise Solutions, which will improve our existing Business Solutions, and offer more features to larger enterprises and government organizations. We have a high demand in Latin America for these features and we will be ready for the US market as we launch our B2B platform in Q4 2023," commented Alain Ghiai, CEO of Sekur Private Data.
Before it started using Sekur products, one of Sekur's client companies got hacked through its email and lost $175,000 to fraud. This kind of hack is called a business email compromise (BEC), and BECs are on the rise, with almost 20,000 BECs reported to the FBI in 2021. 90% of hacks are through email, according to Ghiai in a recent interview, and cyberattacks are on the rise across the globe. It is estimated that costs associated with cyberattack damage will have risen to $10.5 trillion by 2025, a 300% increase from 2015.
SekurMail's email solution helps address this security threat - along with SekurSend and SekurReply - which protects both senders and receivers even when the receiver isn't a Sekur client. This mail solution encrypts a user's sensitive information and minimizes the potential for email hacking.