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    SKUR   CA81607F1036

SEKUR PRIVATE DATA LTD.

(SKUR)
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Delayed CANADIAN NATIONAL STOCK EXCHANGE  -  03:59:26 2023-01-27 pm EST
0.0500 CAD   +11.11%
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Sekur CEO Alain Ghiai Explains How LinkedIn Hacks Occur And How Sekur Private Data Helps Protect Against Hacks

11/17/2022 | 09:01am EST

(via NewsDirect)

Alain Ghiai, CEO of <b>Sekur Private Data Ltd.</b>(OTCQX: SWISF) (CSE: SKUR) (FRA: GDT0), recently spoke with Jane King at <u>New To The Street</u> about a flurry of North Korean hacking schemes that have hit LinkedIn.

North Korean hackers are using LinkedIn, an open-source network, to compromise personal devices and steal available information. Essentially, the hacker pretends to be a new business connection and requests to connect outside of LinkedIn on another open-source network like WhatsApp, an internationally used personal and business communication app. They send a link and once they are connected on WhatsApp, which includes access to your phone number, the hacker is able to install malware viruses and apps that effectively steal your data and compromise your device.

What Makes Open Source So Vulnerable?

<u>Open-source software</u> is software with source code that anyone can inspect, modify and enhance. In other words, the software design is publically accessible. Programmers who have access to a computer program’s source code can change or hack anything they have available. LinkedIn, Facebook and WhatsApp are all examples of open-source software.

The majority of Big Tech is open source because at the turn of the century when Web 2.0 was expanding, open source allowed developers to share code and create usable solutions to expand technology. These days open source is considered a vulnerability.

Proprietary or closed-source software is the opposite of open source. These networks and programs have a source code that only the person, team or organization who created it and maintains exclusive rights to can modify.

Sekur is an example of a proprietary or closed source. <u>Sekur is a US-listed cybersecurity and internet privacy company</u> with roots in Switzerland that provides private and secure communications and data management. It uses military-grade encryption security and combines it with its proprietary encryption and Swiss data privacy laws. All user data is protected by the Swiss Federal Data Protection Act (FADP) and the Swiss Federal Data Protection Ordinance. The company’s use of some of the strongest privacy protection in the world for individuals and entities makes its Swiss-hosted services attractive.

Sekur is a closed-loop platform with multiple layers of privacy and security. Its products like SekurMail and SekurMessenger offer users complete privacy because its code is unavailable for the manipulation that causes hacks.

The Future For Sekur

Ghiai shared in the interview that Sekur expects third-quarter financial results to be higher than the second quarter because of the increases in subscribers for its email, text and other products. The company lowered expenses over the past few months and says this will contribute to a strong fourth quarter.

<u>To watch the full interview, click here.</u>

Sekur Private Data Ltd. is a Cybersecurity and Internet privacy provider of Swiss hosted solutions for secure communications and secure data management. The Company distributes a suite of secure cloud-based storage, disaster recovery, document management, encrypted e-mails, and secure communication tools. Sekur Private Data Ltd. sells its products through its websites www.sekur.com and www.sekursuite.com, and approved distributors, and telecommunications companies worldwide. Sekur Private Data Ltd. serves consumers, businesses and governments worldwide.

<i>This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice.</i>

<b>Contact Details</b>

Corporate Department

corporate@sekurprivatedata.com

<b>Company Website</b>

https://sekurprivatedata.com

Copyright (c) 2022 TheNewswire - All rights reserved.

Copyright (c) 2022 TheNewswire - All rights reserved., source Press Releases

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Financials
Sales 2022 0,47 M 0,35 M 0,35 M
Net income 2022 - - -
Net Debt 2022 - - -
P/E ratio 2022 -
Yield 2022 -
Capitalization 5,85 M 4,40 M 4,40 M
Capi. / Sales 2022 12,5x
Capi. / Sales 2023 8,46x
Nbr of Employees -
Free-Float 68,9%
Chart SEKUR PRIVATE DATA LTD.
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Sekur Private Data Ltd. Technical Analysis Chart | MarketScreener
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Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 1
Last Close Price 0,05 CAD
Average target price 0,83 CAD
Spread / Average Target 1 560%
Managers and Directors
Alain Mehdi Ghiai-Chamlou President, CEO, Secretary & Director
Scott C. Davis Chief Financial Officer
Henry Sjoman Independent Director
Amir Assar Independent Director
Sector and Competitors