Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
$SFET News: Safe-T's Newest Consumer Privacy Solution Surpasses 10,000-Subscriber Milestone
9:00 am ET January 10, 2022 (Globe Newswire)
Safe-T(R) Group Ltd. (NASDAQ, TASE: SFET) ("Safe-T" or "the Company"), a global provider of cybersecurity and privacy solutions to consumers and enterprises, today announced that it has reached a monthly recurring revenue (MRR) milestone for its recently introduced privacy solution for Apple mobile devices via the App Store, which is now serving more than 10,000 subscribers worldwide.
2021 witnessed growing demand from consumers looking for effective solutions to keep their identities private, strengthening their online safety and anonymity. Seeking to provide consumers with an alternative to existing, often slow and unreliable VPN technology, the Company's new privacy solution was launched in early 2021 through a phased product introduction program. Since its launch, the consumer privacy product has recorded significant subscriber revenue growth, averaging over 50%, quarter-over-quarter. The Company ended 2021 with more than 10,000 paid subscribers, with significant presence in the United States. Recently, the Company has seen strong interest in its solution from users in countries that are invoking more restrictive policies for online activity. To capitalize on the growing interest for enhanced consumer privacy, the Company intends to ramp-up global marketing of the product through the first half of 2022 and launching its availability on Android mobile devices and personal computers.
"It is clear that consumers around the world are increasingly seeking solutions to keep their data and online activities private as the need for privacy is no longer only a priority for large organizations, governments and public institutions. VPN solutions have become a mainstream tool, now helping millions of users around the world protect their privacy, and that adoption is accelerating. That is why Safe-T is committed to advancing its privacy offerings with features and capabilities that we believe will further differentiate us in the market," said Eitan Bremler, VP of Product strategy at Safe-T.
Shachar Daniel, Chief Executive Officer of Safe-T, added, "Since we acquired our consumer products business this past summer, our team has been successful in introducing a number of exciting new products and capabilities, and we are very pleased with their early performance. The growth in our consumer business is a significant factor behind our expectedrecord2021financialperformanceannounced last week, drivingourfull-year revenueabove$10 million,ayear-over-year growth of more than 100%. We are confident in the potential of our consumer business and look forward to realizing the untapped value we see as millions of consumers seek new cybersecurity and privacy solutions."
About Safe-T Group Ltd.
Safe-T Group Ltd. (Nasdaq, TASE: SFET) is a global provider of cyber-security and privacy solutions to consumers and enterprises. The Company operates in three distinct segments, tailoring solutions according to specific needs. The segments include enterprise cyber-security solutions, enterprise privacy solutions, and consumer cyber-security and privacy solutions.
Our cyber-security and privacy solutions for consumers provide a wide security blanket against ransomware, viruses, phishing, and other online threats as well as a powerful, secured, and encrypted connection, masking their online activity and keeping them safe from hackers. The solutions are designed for advanced and basic users, ensuring full personal protection for all personal and digital information.
ZoneZero(R) cyber-security solutions for enterprises, designed for cloud, on-premises, and hybrid networks, mitigate attacks on enterprises' business-critical services and sensitive data, while ensuring uninterrupted business continuity. Organizations' access use cases, whether from outside the organization or within the organization, are secured according to the "validate first, access later" philosophy of Safe-T's zero trust.
Our privacy solutions for enterprises are based on our world's fastest and most advanced and secured proxy network, enabling our customers to collect data anonymously at any scale from any public sources over the web using a unique hybrid network. Our network is the only one comprised of both millions of residential exit points and hundreds of servers located at our ISP partners around the world. The infrastructure is optimally designed to guarantee the privacy, quality, stability, and the speed of the service.
For more information about Safe-T, please visit http://www.safetgroup.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates" and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Safe-T is using forward-looking statements in this press release when it discusses growing interest for enhanced consumer privacy, its future marketing plans for the product, the availability of its privacy solution on Android mobile devices and personal computers, the adaption of privacy solutions, the capabilities of its privacy products to respond to market demand and requirements, its expected record financial performance and future growth of the consumer business. Because such statements deal with future events and are based on Safe-T's current expectations, they are subject to various risks and uncertainties and actual results, performance or achievements of Safe-T could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading "Risk Factors" in Safe-T's annual report on Form 20-F filed with the Securities and Exchange Commission ("SEC") on March 22, 2021, and in any subsequent filings with the SEC. Except as otherwise required by law, Safe-T undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Safe-T is not responsible for the contents of third-party websites.
INVESTOR RELATIONS CONTACTS:
Steve Gersten, Director of Investor Relations
Safe-T Group Ltd.
813-334-9745
investors@safe-t.com
Michal Efraty
Investor Relations, Israel
+972-(0)52-3044404
michal@efraty.com
$SFET 7 of the Best Cheap Stocks Under $10 for 2022 to Buy Now https://finance.yahoo.com/news/7-best-cheap-stocks-under-195302330.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr via @Yahoo
$SFET trading just under 45% of its 10-day average volume with less than 2 hours left in the day...consolidation after yesterday's high volume!
Ok, so nobody knows the current SS here!
Safe-T expects to release the fully audited 2021 financial statements on or before March 31, 2022.
https://finance.yahoo.com/news/safe-t-group-ltd-expects-140000474.html
This company are not be current and not up-to-date?..why?
https://www.otcmarkets.com/stock/SFET/security
$SFET trading 15x over its 10-day average volume with less than 2 hours left in the day, UP almost 10%. Almost hit $1, looking good today!
“Operationally, 2021 was a significant year for Safe-T as our team achieved many milestones, including our expanded focus on the large, global consumer cybersecurity and privacy markets. We are especially excited by the traction we are seeing in our consumer business, which is significantly contributing to our strong financial performance, enabling us to generate record annual revenue in excess of $10 million,” said Shachar Daniel, Chief Executive Officer of Safe-T Group. “Since we started our journey on Nasdaq 3 years ago, we have successfully grown our annual revenues from $1.4 million to over $10 million, a significant accomplishment. Looking into 2022, we expect strong topline growth driven by an expanded solutions portfolio and our further penetration of the global consumer and enterprise markets by the Safe-T brand.” $SFET
News: Driven by Focus on Consumer and Enterprise Privacy Products, The Company Estimates Revenues to Demonstrate over 170% Growth in Q4 and over 100% FY, with Further Growth Expected in 2022 as Safe-T Group Ltd. Expects Estimated Fiscal Year 2021 Revenues to Exceed $10 Million
Safe-T Group Ltd.
Thu, January 6, 2022, 9:00 AM
In this article:
SFET
+18.65%
Driven by Focus on Consumer and Enterprise Privacy Products, The Company Estimates Revenues to Demonstrate over 170% Growth in Q4 and over 100% FY, with Further Growth Expected in 2022
HERZLIYA, Israel, Jan. 06, 2022 (GLOBE NEWSWIRE) -- Safe-T® Group Ltd. (NASDAQ, TASE: SFET) (“Safe-T” or “the Company”), a global provider of cybersecurity and privacy solutions to consumers and enterprises, today provided preliminary revenue guidance for full fiscal year 2021.
Based upon preliminary unaudited review, Safe-T currently expects to report revenues for the quarter ended December 31, 2021 of approximately $3.6 million, an increase of over 170% compared to revenue of $1.3 million reported for the quarter ended December 31, 2020. Revenues for the 12 months ended December 31, 2021 are expected to exceed $10 million, an increase of over 100% compared to the $4.8 million reported for fiscal year 2020.
“Operationally, 2021 was a significant year for Safe-T as our team achieved many milestones, including our expanded focus on the large, global consumer cybersecurity and privacy markets. We are especially excited by the traction we are seeing in our consumer business, which is significantly contributing to our strong financial performance, enabling us to generate record annual revenue in excess of $10 million,” said Shachar Daniel, Chief Executive Officer of Safe-T Group. “Since we started our journey on Nasdaq 3 years ago, we have successfully grown our annual revenues from $1.4 million to over $10 million, a significant accomplishment. Looking into 2022, we expect strong topline growth driven by an expanded solutions portfolio and our further penetration of the global consumer and enterprise markets by the Safe-T brand.”
Safe-T expects to release the fully audited 2021 financial statements on or before March 31, 2022.
About Safe-T Group Ltd.
Safe-T Group Ltd. (Nasdaq, TASE: SFET) is a global provider of cyber-security and privacy solutions to consumers and enterprises. The Company operates in three distinct segments, tailoring solutions according to specific needs. The segments include enterprise cyber-security solutions, enterprise privacy solutions, and consumer cyber-security and privacy solutions.
Our cyber-security and privacy solutions for consumers provide a wide security blanket against ransomware, viruses, phishing, and other online threats as well as a powerful, secured, and encrypted connection, masking their online activity and keeping them safe from hackers. The solutions are designed for advanced and basic users, ensuring full personal protection for all personal and digital information.
ZoneZero® cyber-security solutions for enterprises, designed for cloud, on-premises, and hybrid networks, mitigate attacks on enterprises’ business-critical services and sensitive data, while ensuring uninterrupted business continuity. Organizations’ access use cases, whether from outside the organization or within the organization, are secured according to the “validate first, access later” philosophy of Safe-T’s zero trust.
Our privacy solutions for enterprises are based on our world’s fastest and most advanced and secured proxy network, enabling our customers to collect data anonymously at any scale from any public sources over the web using a unique hybrid network. Our network is the only one comprised of both millions of residential exit points and hundreds of servers located at our ISP partners around the world. The infrastructure is optimally designed to guarantee the privacy, quality, stability, and the speed of the service.
For more information about Safe-T, please visit www.safetgroup.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Safe-T is using forward-looking statements in this press release when it discusses preliminary unaudited estimates of revenues for the quarter and 12-month period ended December 31, 2021, the Company’s trends, market penetration and growth in 2022 and the timing of release of its 2021 fully audited financial statements. Because such statements deal with future events and are based on Safe-T’s current expectations, they are subject to various risks and uncertainties and actual results, performance or achievements of Safe-T could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors” in Safe-T’s annual report on Form 20-F filed with the Securities and Exchange Commission (“SEC”) on March 22, 2021, and in any subsequent filings with the SEC. Except as otherwise required by law, Safe-T undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Safe-T is not responsible for the contents of third-party websites.
The Company is providing revenue estimates in this press release, rather than specific amounts, primarily because the financial closing process and review are not yet complete and, as a result, the Company’s final results upon completion of its closing process and review may vary from these preliminary estimates.
INVESTOR RELATIONS CONTACTS:
Steve Gersten, Director of Investor Relations
Safe-T Group Ltd.
813-334-9745
investors@safe-t.com
Michal Efraty
Investor Relations, Israel
+972-(0)52-3044404
michal@efraty.com
$SFET trading just under 12.5x its 10-day average volume just 75 minutes into the day, UP over 11%.
$SFET News: Safe-T Group Ltd. Expects Estimated Fiscal Year 2021 Revenues to Exceed $10 Million
9:00 am ET January 6, 2022 (Globe Newswire)
Driven by Focus on Consumer and Enterprise Privacy Products, The Company Estimates Revenues to Demonstrate over 170% Growth in Q4 and over 100% FY, with Further Growth Expected in 2022
Safe-T(R) Group Ltd. (NASDAQ, TASE: SFET) ("Safe-T" or "the Company"), a global provider of cybersecurity and privacy solutions to consumers and enterprises, today provided preliminary revenue guidance for full fiscal year 2021.
Based upon preliminary unaudited review, Safe-T currently expects to report revenues for the quarter ended December 31, 2021 of approximately $3.6 million, an increase of over 170% compared to revenue of $1.3 million reported for the quarter ended December 31, 2020. Revenues for the 12 months ended December 31, 2021 are expected to exceed $10 million, an increase of over 100% compared to the $4.8 million reported for fiscal year 2020.
"Operationally, 2021 was a significant year for Safe-T as our team achieved many milestones, including our expanded focus on the large, global consumer cybersecurity and privacy markets. We are especially excited by the traction we are seeing in our consumer business, which is significantly contributing to our strong financial performance, enabling us to generate record annual revenue in excess of $10 million," said Shachar Daniel, Chief Executive Officer of Safe-T Group. "Since we started our journey on Nasdaq 3 years ago, we have successfully grown our annual revenues from $1.4 million to over $10 million, a significant accomplishment. Looking into 2022, we expect strong topline growth driven by an expanded solutions portfolio and our further penetration of the global consumer and enterprise markets by the Safe-T brand."
Safe-T expects to release the fully audited 2021 financial statements on or before March 31, 2022.
About Safe-T Group Ltd.
Safe-T Group Ltd. (Nasdaq, TASE: SFET) is a global provider of cyber-security and privacy solutions to consumers and enterprises. The Company operates in three distinct segments, tailoring solutions according to specific needs. The segments include enterprise cyber-security solutions, enterprise privacy solutions, and consumer cyber-security and privacy solutions.
Our cyber-security and privacy solutions for consumers provide a wide security blanket against ransomware, viruses, phishing, and other online threats as well as a powerful, secured, and encrypted connection, masking their online activity and keeping them safe from hackers. The solutions are designed for advanced and basic users, ensuring full personal protection for all personal and digital information.
ZoneZero(R) cyber-security solutions for enterprises, designed for cloud, on-premises, and hybrid networks, mitigate attacks on enterprises' business-critical services and sensitive data, while ensuring uninterrupted business continuity. Organizations' access use cases, whether from outside the organization or within the organization, are secured according to the "validate first, access later" philosophy of Safe-T's zero trust.
Our privacy solutions for enterprises are based on our world's fastest and most advanced and secured proxy network, enabling our customers to collect data anonymously at any scale from any public sources over the web using a unique hybrid network. Our network is the only one comprised of both millions of residential exit points and hundreds of servers located at our ISP partners around the world. The infrastructure is optimally designed to guarantee the privacy, quality, stability, and the speed of the service.
For more information about Safe-T, please visit http://www.safetgroup.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates" and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Safe-T is using forward-looking statements in this press release when it discusses preliminary unaudited estimates of revenues for the quarter and 12-month period ended December 31, 2021, the Company's trends, market penetration and growth in 2022 and the timing of release of its 2021 fully audited financial statements. Because such statements deal with future events and are based on Safe-T's current expectations, they are subject to various risks and uncertainties and actual results, performance or achievements of Safe-T could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading "Risk Factors" in Safe-T's annual report on Form 20-F filed with the Securities and Exchange Commission ("SEC") on March 22, 2021, and in any subsequent filings with the SEC. Except as otherwise required by law, Safe-T undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Safe-T is not responsible for the contents of third-party websites.
The Company is providing revenue estimates in this press release, rather than specific amounts, primarily because the financial closing process and review are not yet complete and, as a result, the Company's final results upon completion of its closing process and review may vary from these preliminary estimates.
INVESTOR RELATIONS CONTACTS:
Steve Gersten, Director of Investor Relations
Safe-T Group Ltd.
813-334-9745
investors@safe-t.com
Michal Efraty
Investor Relations, Israel
+972-(0)52-3044404
michal@efraty.com
$SFET trading 7x over its 10-day average volume within the first 15 minutes of the day, UP almost 11%!
Thanks for sharing that $SFET PR... Very exciting News, the future looks bright!
Driven by Focus on Consumer and Enterprise Privacy Products, The Company Estimates Revenues to Demonstrate over 170% Growth in Q4 and over 100% FY, with Further Growth Expected in 2022
Safe-T Group Ltd. Expects Estimated Fiscal Year 2021 Revenues to Exceed $10 Million
Driven by Focus on Consumer and Enterprise Privacy Products, The Company Estimates Revenues to Demonstrate over 170% Growth in Q4 and over 100% FY, with Further Growth Expected in 2022
HERZLIYA, Israel, January 6, 2022 - Safe-T® Group Ltd. (NASDAQ, TASE: SFET) (“Safe-T” or “the Company”), a global provider of cybersecurity and privacy solutions to consumers and enterprises, today provided preliminary revenue guidance for full fiscal year 2021.
Based upon preliminary unaudited review, Safe-T currently expects to report revenues for the quarter ended December 31, 2021 of approximately $3.6 million, an increase of over 170% compared to revenue of $1.3 million reported for the quarter ended December 31, 2020. Revenues for the 12 months ended December 31, 2021 are expected to exceed $10 million, an increase of over 100% compared to the $4.8 million reported for fiscal year 2020.
“Operationally, 2021 was a significant year for Safe-T as our team achieved many milestones, including our expanded focus on the large, global consumer cybersecurity and privacy markets. We are especially excited by the traction we are seeing in our consumer business, which is significantly contributing to our strong financial performance, enabling us to generate record annual revenue in excess of $10 million,” said Shachar Daniel, Chief Executive Officer of Safe-T Group. “Since we started our journey on Nasdaq 3 years ago, we have successfully grown our annual revenues from $1.4 million to over $10 million, a significant accomplishment. Looking into 2022, we expect strong topline growth driven by an expanded solutions portfolio and our further penetration of the global consumer and enterprise markets by the Safe-T brand.”
Safe-T expects to release the fully audited 2021 financial statements on or before March 31, 2022.
$SFET trading just over 40% of its 10-day average volume with less than 2 hours left in the day, UP almost 4%...
$SFET trading just over half its 10-day average volume as Power Hour approaches...UP.
$SFET trading just under half of its 10-day average volume in the last hour of the day but UP almost 5% and green!
Note that SFET management has been actively buying shares of the company in the open market to increase their holdings. This is the most positive indicator for a stock. Be sure to see the very encouraging management comments in the news below.
Safe-T Group Executives Complete Open Market Purchases of Shares
December 16, 2021 (Globe Newswire)
Company Executives Increase Ownership to Approximately 13.5% -
Safe-T Group Ltd. (NASDAQ, TASE: SFET) ("Safe-T" or the "Company"), a global provider of cybersecurity and privacy solutions to consumers and enterprises, today announced that subsequent to the filing of Safe-T's third quarter earnings results, members of its senior management, including its Chief Executive Officer and Chief Financial Officer, as well as its Chairman of the Board, completed open market stock purchases as an expression of their long-term confidence in the Company. In aggregate, executives have purchased over 180,000 shares during the trading window, between December 7 and December 13, 2021.
"Safe-T Group continues to drive record growth as it successfully executes its business plan addressing the tremendous global opportunities of cybersecurity and privacy. The strong performance, combined with our expectations for continued growth, provide us with confidence in the significant inherent value in our shares and that is why we have increased our stakes in the Company," said Chen Katz, Chairman of the Board. "Safe-T has accomplished many milestones over the past two years as we build the Company into a global leader in the cybersecurity and privacy market, and we are confident that we have the right team, technology, and capabilities to achieve our long-term goals and create shareholder value."
Safe-T Group qualifies as a Foreign Private Issuer under U.S. securities laws and therefore its directors and executive officers are not subject to certain reporting obligations, including the filing of Statements of Changes of Beneficial Ownership of Securities on Form 4.
About Safe-T Group Ltd.
Safe-T Group Ltd. (Nasdaq, TASE: SFET) is a global provider of cyber-security and privacy solutions to consumers and enterprises. The Company operates in three distinct segments, tailoring solutions according to specific needs. The segments include, enterprise cyber-security solutions, enterprise privacy solutions, and consumer cyber-security and privacy solutions.
Our cyber-security and privacy solutions for consumers provide a wide security blanket against ransomware, viruses, phishing, and other online threats as well as a powerful, secured and encrypted connection, masking their online activity and keeping them safe from hackers. The solutions are designed for both advanced and basic users, ensuring full protection for all personal and digital information.
ZoneZero(R) cyber-security solutions for enterprises, designed for cloud, on-premises and hybrid networks, mitigates attacks on enterprises' business-critical services and sensitive data, while ensuring uninterrupted business continuity. Organizational access use cases, from outside the organization or within, are secured according to the "validate first, access later" philosophy of Safe-T's zero trust.
Our privacy solutions for enterprises are based on our advanced and secured proxy network, the world's fastest, enabling our customers to collect data anonymously at any scale from any public sources over the web using a unique hybrid network. Our network is the only one of its kind that is comprised of millions of residential exit points and hundreds of servers located at our ISP partners around the world. The infrastructure is optimally designed to guarantee the privacy, quality, stability, and the speed of the service.
For more information about Safe-T Group Ltd., visit www.safetgroup.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates" and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Safe-T is using forward-looking statements in this press release when it discusses expectations for continued growth and having the right team, technology, and capabilities to achieve long-term goals and create shareholder value. Because such statements deal with future events and are based on Safe-T's current expectations, they are subject to various risks and uncertainties and actual results, performance or achievements of Safe-T could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading "Risk Factors" in Safe-T's annual report on Form 20-F filed with the Securities and Exchange Commission ("SEC") on March 22, 2021, and in any subsequent filings with the SEC. Except as otherwise required by law, Safe-T undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Safe-T is not responsible for the contents of third-party websites.
INVESTOR RELATIONS CONTACT
Steve Gersten, Director of Investor Relations
Safe-T Group Ltd.
813-334-9745
investors@safe-t.com
Michal Efraty
Investor Relations, Israel
+972-(0)52-3044404
michal@efraty.com
Doing some DD on $SFET... Like what I see thus far!
Safe-T’s ZoneZero® enables organizations to implement identity-based security and add per-application secondary multi-factor authentication (MFA) for all types of users – network users, VPN users, remote access (ZTNA, SDP, PAM) users, etc. MFA can be added to any type of application (legacy applications, proprietary services, RDP, file shares, SSH, SFTP, web applications, databases, etc.) without the need to redesign the network, applications, or remote access solutions.
Safe-T is Listed in Gartner “Market Guide for User Authentication” Report
Posted on December 21, 2021 · Posted in Safe-T Group
HERZLIYA, Israel, Dec. 21, 2021 — Safe-T® Group Ltd. (NASDAQ, TASE: SFET), Safe-T® Group Ltd. (NASDAQ, TASE: SFET) (“Safe-T”), a global provider of cybersecurity and privacy solutions to consumers and enterprises, today announced that its wholly owned subsidiary, Safe-T Data A.R Ltd., has been recognized as a Representative Vendor in Gartner’s December 2021 report titled, “Market Guide for User Authentication”1.
The report finds that, “Access management (AM) vendors are the preferred authentication providers in cloud-first organizations. Those AM vendors able to meet legacy needs may displace incumbent authentication-specific vendors, but authentication specialists may succeed where they can provide added value.” In addition, the report highlights that, “user authentication is foundational to other identity and access management (IAM) functions that rely on having confidence in a person’s identity (authorization, audit and identity analytics). It is also a cornerstone of identity-first security and zero-trust initiatives.”
According to Gartner, “There is a small but important role for specialist vendors that can provide organizations that have particularly complex legacy application infrastructures with a cohesive user authentication framework. These vendors might have their own user authentication capability or integrate with AM or third-party user authentication tools.”
Safe-T ZoneZero® is the first Identity-Based Zero Trust Orchestration solution, it provides centralized Identity-based Zero Trust Security and Multi-Factor Authentication, for all users.
“We are proud to be recognized by Gartner for our ability to provide a cohesive user authentication framework for complex application infrastructures. We believe this latest recognition reflects our continuous efforts to provide the best identity-based zero-trust solution to the market,” said Eitan Bremler, VP of Product strategy at Safe-T.
Safe-T’s ZoneZero® enables organizations to implement identity-based security and add per-application secondary multi-factor authentication (MFA) for all types of users – network users, VPN users, remote access (ZTNA, SDP, PAM) users, etc. MFA can be added to any type of application (legacy applications, proprietary services, RDP, file shares, SSH, SFTP, web applications, databases, etc.) without the need to redesign the network, applications, or remote access solutions.
Safe-T Group Announces Deployment of its ZoneZero® Zero Trust Network Access (ZTNA) Solution with Three New Enterprise Customers $SFET
https://www.globenewswire.com/news-release/2021/12/06/2346562/0/en/Safe-T-Group-Announces-Deployment-of-its-ZoneZero-Zero-Trust-Network-Access-ZTNA-Solution-with-Three-New-Enterprise-Customers.html
anyone here, looks like the company is tanking
* * $SFET Video Chart 04-08-2021 * *
Link to Video - click here to watch the technical chart video
Profitability
Profit Margin -160.56%
Operating Margin (ttm) -168.38%
Management Effectiveness
Return on Assets (ttm) -25.20%
Return on Equity (ttm) -82.61%
Cash Flow Statement
Operating Cash Flow (ttm) -6.61M
Levered Free Cash Flow (ttm) -5.26M
This looks like a real buying opportunity today!
I told my family and friends this was my stock pick for 2021! Recommended it as a buy at $1.40. These guys have real products adding real value in the hot internet security space. $60/share stock if/when they penetrate the US market!!
Safe-T Partners with Systematika to Distribute Proprietary Cybersecurity Solutions in Italy
Stocks mentioned: SFET
Share
Listen
Save
Partner to Distribute Safe-T’s ZoneZero™ SDP Solution, Which Allows Access to Applications and Services Only After Trust Has Been Verified
HERZLIYA, Israel, Dec. 01, 2020 (GLOBE NEWSWIRE) -- Safe-T® Group Ltd. (NASDAQ, TASE: SFET), a provider of Secure Access solutions for on-premise and hybrid cloud environments, and Systematika Distribution Srl (“Systematika”), one of the leading operating companies in the distribution of solutions for the Professional Information Technology market, has signed an agreement for the distribution of Safe-T’s ZoneZeroTM SDP in Italy.
Safe-T's ZoneZero SDP solution is a valuable addition to any organization, enabling enterprises to provide secure and transparent access to internal applications, services, and data. Safe-T’s patented reverse-access technology eliminates the need to open incoming ports in the organization’s firewall, thereby delivering seamless, effective and secure processes with a true separation between the data plane and the control plane, all built on top of the existing network setups, thus not requiring costly and timely changes in infrastructure.
“With over 35 years as a leading distributor of advanced technology solutions, Systematika is a perfect match for our ZoneZero solutions,” said Avi Rubinstein, Safe-T’s Chief Business Officer. “The addition of Systematika, a high-value partner with an impressive customer base, to our channel network will enable us to expand the introduction of our solutions and further promote our game changing products in Italy.”
The ZoneZero SDP solution is part of Safe-T’s ZoneZero Perimeter Access Orchestration suite, which provides central management of all secure-access technologies and allows organizations to implement a valid Zero Trust Network Access (ZTNA) architecture beyond the perimeter.
“Safe-T’s solutions will enhance our existing product offerings and services in the key area of cybersecurity,” said Franco Puricelli, the Managing Director of Systematika. “Keeping organizations safe from attacks and data leakage by securing the access itself, is critical and crucial, and even more so in this pandemic scenario. Thanks to Safe-T’s solutions, we will be able to support our partners and their customers to accomplish this mission.”
About Systematika
Systematika has been for over 35 years one of the most important operating companies in the distribution of solutions for the Professional Information Technology market.
A real point of reference for ICT operators, Systematika places the accent on "high-tech" distribution: not only an offer of innovative and reliable technologies, but also a series of training services, pre-sales support, workshops, marketing initiatives, incentives and consultancy completely available to its partners.
The core business focused on software - from marketing to consulting, from training to specific support for partners - allows Systematika to acquire and offer valuable skills and high professionalism, without sacrificing the breadth of the offer.
Qualified and professional staff, operational consistency in the choice of Qualified IT Resellers, competence and special attention to the evolution of IT are the main strengths on which Systematika bases the relationship with the customer, guaranteeing reliability, continuity and growth. For more information, please visit, https://systematika.it/.
As an Isreal company, they do not take Thanksgiving off. We might be getting some good PRs coming our way as early as Monday!
Good price here. Their last offering was at $1.4. Secure remote access is the new trend now! The growth in revenue is amazing for the last year and it is not going to slow down!
http://www.globenewswire.com/news-release/2020/07/20/2064326/0/en/Safe-T-Group-LTD-Announces-Pricing-of-5-9-Million-Registered-Direct-Offering.html
Same here. Picked up 2500 shares to start.
I am building a position here. Looks like a good buyout target to me. Company is offering new product
SFET on YouTube
Cyber security and e-commerce services highlighted with three companies.
SFET looks good.
Well. I used to bag groceries at Albertsons. I have a lot of experience.
sharing is caring....
tell us more of your bag stories....
It actually wasn't a chase. I bought the dip on news but by the time I realized it was a crapper I was holding a slight bag at 1.80.
Kept holding unfortunately.
1.64 im bagging 1.88 now. will sell any pops or next news.
Great cybersecurity company, maybe great to buy and hold... imo
GLTA
Yup! Feeling good is the right word! should be a very nice day for us tomorrow!! I will keep researching to find the news on it.
Followers
|
19
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
224
|
Created
|
04/05/19
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |