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.
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.
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