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    SKUR   CA81607F1036

SEKUR PRIVATE DATA LTD.

(SKUR)
  Report
Delayed CANADIAN NATIONAL STOCK EXCHANGE  -  03:42 2022-11-24 pm EST
0.1000 CAD    0.00%
11/18Sekur Private Data Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
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11/17Sekur CEO Alain Ghiai Explains How LinkedIn Hacks Occur And How Sekur Private Data Helps Protect Against Hacks
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Sekur Private Data Launches Sekurmessenger for Enterprises - Enters Financial and Legal, Medical Industries and Government Organizations with Archiving Feature and Mass Onboarding

09/21/2022 | 09:05am EST

Sekur Private Data Ltd. announced that it is releasing an enterprise version of its popular SekurMessenger for businesses and government organizations requiring message archiving and mass onboarding of employees. The features will officially launch October 2022. SekurMessenger now comes with a proprietary feature and technology called "SekurArchive".

This feature allows a SekurMessenger business client to archive all messages of its employees and manage them for however long a period is required by its regulatory body, while letting the business employee use the "Self-Destruct" feature so popular with the messenger. This feature is needed for businesses in the financial, legal and medical sectors, among many, and required for all government organizations. Additionally, SekurMessenger comes with mass onboarding of users for businesses, large enterprises and government organizations.

This feature facilitates the registration of thousands of users at once, as opposed to having the users register themselves. This feature was required by several clients of the Company from Latin America and will now be implemented globally. According to Insider Intelligence Some of the biggest US banks are likely to be fined with more than $1 billion in fines over traders' use of private messaging apps like WhatsApp to discuss key business matters.

SekurMessenger also comes with a proprietary feature and technology called "Chat-By-Invite". This feature allows a SekurMessenger user ("SM user") invite a non-SM user, or a group of non-SM users, to chat in a fully private and secure way, without the recipient ever having to register to SekurMessenger or download the app. At the end of the chat, the initiator of the conversation can remotely terminate the conversation and all traces of the conversation are deleted from all users, including the recipient.

This unique feature is now fully deployed and functional on all iOS and Android devices and web platforms. The target sectors are numerous, including but not limited to real estate, legal, finance, insurance, medical, government, energy, manufacturing, trade and pharmaceutical sectors. The invite can be sent via Email or SMS. As of now, Sekur has enabled invites in 61 countries, and will add more countries as Sekur expands globally. The countries activated currently are: Argentina, Australia, Austria, Bahrain, Belgium, Brazil, Canada, Chile, Colombia, Costa Rica, Croatia, Cyprus, Csech Republic, Denmark, Dominican Republic, El Salvador, Finland, France, Germany, Greece, Guatemala, Honduras, Hungary, Iceland, India, Indonesia, Ireland, Italy, Japan, Kuwait, Lichtenstein, Luxembourg, Malaysia, Malta, Mexico, Monaco, Netherlands, New Zealand, Nicaragua, Norway, Oman, Panama, Peru, Poland, Portugal, Qatar, Romania, Saudi Arabia, Serbia, Singapore, Slovakia, Spain, Sri Lanka, Sweden, Switzerland, Taiwan, United Arab Emirates, United Kingdom, United States of America, and Vatican City.

SekurMessenger also eliminates many of the privacy and security risks by not only not requiring a phone number, which would divulge a user's phone device ID, but also by not social engineering a user's phone or computer contact list and infecting the contacts by default as well, eliminating a huge loophole in security and privacy. SekurMessenger issues each user a username and a Sekur number. The Sekur number is the contact ID a user would disclose in order for other Sekur users to be added.

The service comes with a self-destruct timer and other features as well, including Sekur's proprietary VirtualVaults and HeliX technologies with all data stored in Swiss hosted encrypted servers. Sekur, which includes SekurMessenger and SekurMail, is part of a bundle of email, messaging and file transfer into one application, includes the Company's latest SekurMail technology, which includes proprietary anti-phishing and privacy feature called SekurSend®. SekurSend® lets a user send an email to any other recipient, whether they have Sekur or not, in full privacy and security as the email never leaves Sekur's encrypted email servers based in Switzerland.

The recipient can then click on the notification and reply in the same manner using SekurReply®, without the recipient having to register for a Sekur account. The sender can also decide to protect any email sent by adding a password to open it, a read-limit and a self-destruct timer as well. Sending an email with the SekurSend® feature allows the senders and recipients to add limitless size attachments to the emails without crowding the recipients' email box.

This also eliminates BEC attacks for businesses and email phishing attacks. Additionally, SekurMail includes full control of email delivery, automatic data export for large Enterprises and an automatic Data Loss Prevention technology ("DLP") with real time continuous archiving. Recent data breaches in messaging applications have created a certain urgency for businesses and data privacy advocates to protect their communications form cyber-attacks and identity theft via mobile and desktop devices.

Sekur's Data privacy solutions are all hosted in Switzerland, protecting users' data from any outside data intrusion requests. In Switzerland, the right to privacy is guaranteed in article 13 of the Swiss Federal Constitution. The Federal Act on Data Protection ("FADP") of 19 June 1992 (in force since 1993) has set up a strict protection of privacy by prohibiting virtually any processing of personal data which is not expressly authorized by the data subjects.

The protection is subject to the authority of the Federal Data Protection and Information Commissioner.


ę S&P Capital IQ 2022
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Financials
Sales 2022 0,45 M 0,34 M 0,34 M
Net income 2022 - - -
Net Debt 2022 - - -
P/E ratio 2022 -
Yield 2022 -
Capitalization 11,7 M 8,75 M 8,75 M
Capi. / Sales 2022 25,8x
Capi. / Sales 2023 13,7x
Nbr of Employees -
Free-Float 69,3%
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Income Statement Evolution
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Sell
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Mean consensus BUY
Number of Analysts 1
Last Close Price 0,10 CAD
Average target price 0,96 CAD
Spread / Average Target 860%
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