Secure like a Swiss? The data privacy company that claims to globalize its currency options

DGAP-News: Sekur Private Data Ltd
Secure like a Swiss? The data privacy company that claims to globalize its currency options
07.09.2022 / 15:22 CET/EST
The issuer is solely responsible for the content of this announcement.

Since the COVID-19 pandemic, more people than ever are choosing to stay at home, according to a new Study bench.

This may raise additional cybersecurity concerns if more aspects of life go virtual. In 2021, the cybersecurity industry has seen more $50 billion spent globally, and that figure is expected to grow as more work is done from home and more measures are needed to protect both corporate and private data. Individuals and businesses around the world may need solutions that work locally for them.

Sekur Private Data Ltd. (OTCQX: SWISF) is a company that claims to try to find innovative solutions to these data protection issues. Businesses that rely on US-based cloud servers, such as Google Cloud, offered by Alphabet Inc. (NASDAQ:GOOGL), are also subject to a subpoena under the CLARIFYING Lawful Overseas Use of Data (CLOUD) Act of 2019.

Sekur is hosted in Switzerland to take advantage of the strict Swiss data protection laws. It leverages what its website describes as “military-grade encryption security” to protect its private International Organization for Standardization (ISO)-certified data centers.

Sekur says its platform provides secure email and messaging services as well as data storage, document management and password management service – and it also partners with companies such as than PartnerStack and Ingram Micro Inc. (NYSE: IM) to host a Sekur Business Suite platform. It recently expanded its operations, hoping to make its platform an attractive international option.

Currencies and cats are both part of a global push

Sekur entered the US market in July 2021 and July 2022 spear its multi-currency and multilingual platform. This was part of Sekur’s global mass market launch to make it available for both private and professional use internationally.

Sekur’s multi-currency platform allows customers to avoid paying often expensive bank and credit card fees when exchanging currencies. It also creates a more seamless experience, ensuring users can use the platform in their own language.

Since Sekur launched the multi-currency platform, it has expanded to include eight currencies from over 30 countries. These are USD, CAD, AUD, NZD, SGD, CHF, EUR and GBP. This gives customers in the US, Canada, Australia, New Zealand, Singapore, Switzerland, any Eurozone country and the UK the ability to pay for the platform with their local money.

Customers outside of these regions can still access the platform and will be charged in US dollars. Sekur also plans to make its platform available in Japanese and accept JPY.

Sekur seen a 5,600% increase in sales in the first quarter of 2022 compared to the first quarter of 2021, while subscriber registrations on the platform jumped by more than 1,900%. This growth appears to be an indication that the multi-currency offering should further drive international growth as Sekur expands its global footprint.

Another component of Sekur’s platform, Chat-By-Invite, enabled chats in 61 countries in August. Chat-By-Invite allows Sekur users to communicate securely through SekurMessenger by sending an SMS or email invitation to non-Sekur users. After hosting the chat, the user who initiated the chat can delete the chat from all users and from the server source.

This initiative has been used by Sekur customers to communicate with people in Argentina, Australia, Austria, Bahrain, Belgium, Brazil, Canada, Chile, Colombia, Costa Rica, Croatia, Cyprus, Czech 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. This list suggests that Sekur may see future growth in South and Central America, where it already has had some success, and Europe, Asia, Australasia and the Middle East.

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 storage, disaster recovery, document management, encrypted email and secure communication tools. Sekur Private Data Ltd. sells its products through its websites and, as well as authorized distributors and telecommunications companies worldwide. Sekur Private Data Ltd. serves consumers, businesses and governments around the world.

This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investment advice.

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News Source: News Direct

07.09.2022 CET/CEST Dissemination of a Corporate News, transmitted by the DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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