EQS-News

Sekur Private Data Has Seen Wild Growth In Q1 and Q2

EQS-News: Sekur Private Data Ltd Sekur Private Data Has Seen Wild Growth In Q1 and Q2 20.10.2022 / 14:00 CET/CEST The issuer is solely responsible for the content of this announcement. Sekur Private Data Ltd. (OTCQX: SWISF), previously known as GlobaX Data Ltd., has had a remarkable year of growth.

The company grew revenue and subscribers in the first and second quarters apart from expanding subscription models and developing technologies.

Sekur is a US listed cybersecurity and internet privacy company — with roots in Switzerland — that provides Swiss-hosted secure communications and data management. It uses military-grade encryption security and combines it with its own infrastructure located in Switzerland, under Swiss data security practices and laws.

All user data is protected by the Swiss Federal Data Protection Act (FADP) and the Swiss Federal Data Protection Ordinance. Under Swiss federal law, it is a crime to publish information based on leaked “secret official discussions.” In 2010 the Federal Supreme Court of Switzerland found that IP addresses are personal information and that under Swiss privacy laws they may not be used to track Internet usage without the knowledge of the individuals involved.

Sekur’s use of some of the strongest privacy protection in the world for individuals and entities makes its Swiss-hosted services attractive.

In early 2022, Sekur launched its SekurMail email service and Sekur business plans, a resource for businesses globally. The expansion brought an increase of over 5,600% in sales and an increase of over 1,900% in subscriber signups in the first quarter of 2022 compared to the first quarter of 2021.

One reason Sekur appeals to businesses is its disconnect from any Big Tech. The company offers independent, private and secure means of communication through its proprietary technology and secured servers in Switzerland, taking advantage of the country’s tight regulatory laws protecting privacy.

Sekur’s ability to promise privacy and security for businesses broadened its market early in the second quarter. In April, Sekur signed an agreement with Tasloko S.L., a Spain-based distribution company that is tasked with distribution for Sekur. This partnership allowed for sales to begin in Colombia, Panama, Peru, Chile and Mexico beginning in June.