HERZLIYA, Israel, Sept. 20, 2021 (GLOBE NEWSWIRE) — Safe-T® Group Ltd. (Nasdaq, TASE: SFET), a global provider of cybersecurity and privacy solutions to consumers and enterprises, announced today the launch of a new enterprise data collection solution, enabling unlimited collection of online, public, web-based data. The new product will be an addition to Safe-T’s enterprise privacy business unit solutions portfolio which continues to focus on expanding its presence in the large and growing data collection market.
Delivered as a Data Collection-as-a-Service (DCaaS) and powered by Safe-T’s unique hybrid enterprise privacy network which is utilized by hundreds of business customers around the world, the web data collector solution will allow enterprises to gather information at any scale from any public-facing website. Using a simple, yet powerful API interface that allows for easy integration into any major data analytics platform, enterprise customers will be able to gather needed web data at a 100% success rate without the need for complex web crawlers or utilizing a proxy network. Safe-T’s new data collector will address key needs for data-driven decision making based upon publicly available web information across numerous use-cases including e-commerce, price comparison, brand protection, SEO and market research. This will allow enterprises to achieve competitive advantages in their industry without having to invest significantly in their infrastructure, saving time and reducing workload.
Shachar Daniel, Co-Founder and CEO of Safe-T Group, noted: “Safe-T’s expansion into web data collection is a natural extension of our existing enterprise solution portfolio. Web data collection is a large global opportunity and a market that is still in the early stages of growth, and our entry into this space is another important step in our ongoing efforts to build Safe-T into the ‘one-stop-shop’ for all aspects of consumer and enterprise cybersecurity and privacy.”
According to a report from Grand View Research, the global data collection market is estimated to grow from around $1.6 billion in 2021 to $8.21 billion in 2028. This represents a compound annual growth rate (CAGR) of 25.6% from 2021 to 2028.
For more information on Safe-T and its privacy and cybersecurity solutions for enterprises and consumers, please visit https://www.safe-t.com and corporate presentation.
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, visit www.safe-t.com
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 the advantages of the new web data Collection-as-a-Service solution, its potential to address market need and/or demand, its contribution to building Safe-T into a ‘one-stop-shop’ for all aspects of consumer and enterprise cybersecurity and privacy and the size of the global data collection market. 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.
Spotlight Growth is compensated, either directly or via a third party, to provide investor relations services for its clients. Spotlight Growth creates exposure for companies through a customized marketing strategy, including design of promotional material, the drafting and editing of press releases and media placement.
All information on featured companies is provided by the companies profiled, or is available from public sources. Spotlight Growth and its employees are not a Registered Investment Advisor, Broker Dealer or a member of any association for other research providers in any jurisdiction whatsoever and we are not qualified to give financial advice. The information contained herein is based on external sources that Spotlight Growth believes to be reliable, but its accuracy is not guaranteed. Spotlight Growth may create reports and content that has been compensated by a company or third-parties, or for purposes of self-marketing. Spotlight Growth was compensated five thousand dollars and options representing 800,000 ordinary shares (the equivalent of 20,000 ADR shares) by Safe-T Group for the creation and dissemination of this content by the company.
This material does not represent a solicitation to buy or sell any securities. Certain statements contained herein constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may include, without limitation, statements with respect to the Company’s plans and objectives, projections, expectations and intentions. These forward-looking statements are based on current expectations, estimates and projections about the Company’s industry, management’s beliefs and certain assumptions made by management.
The above communication, the attachments and external Internet links provided are intended for informational purposes only and are not to be interpreted by the recipient as a solicitation to participate in securities offerings. Investments referenced may not be suitable for all investors and may not be permissible in certain jurisdictions.
Spotlight Growth and its affiliates, officers, directors, and employees may have bought or sold or may buy or sell shares in the companies discussed herein, which may be acquired prior, during or after the publication of these marketing materials. Spotlight Growth, its affiliates, officers, directors, and employees may sell the stock of said companies at any time and may profit in the event those shares rise in value. For more information on our disclosures, please visit: https://spotlightgrowth.com/disclosures/