Safe-T Group Ltd. provides intelligent data collection and cybersecurity solutions in Israel, the United States, and internationally. Its cybersecurity solutions comprise ZoneZero SDP, a solution based on software defined perimeter and zero trust network access concepts that grant access to applications on a need-to-know basis only; ZoneZero VPN, a solution designed on zero trust network access concepts to add zero trust capabilities to existing VPN solutions; ZoneZero MFA, a solution designed to add centralized multi-factor authentication capabilities for various types of internal applications; and Secure File Access that reduces insider threats by transforming standard network drives into secure, encrypted, and access-controlled drives, as well as eliminates the need to rely on insecure file permissions and vulnerable server message broker. The company also provides IP Proxy Network (IPPN) solutions consisting of static and dynamic residential proxy network cloud services, data center proxy network cloud services, and data collection API cloud services; Proxy-in-a-Box, which is an on-premise solution of private proxy access network for customers who wish to deploy and maintain their own proxy network; Consumer VPN application, an application and a network of VPN servers that allows users to access the internet securely; and Premium dedicated static residential proxies, a solution that creates a dedicated static IP for each user. It offers its products through distributors, resellers, integrators, and original equipment manufacturers. The company serves finance, healthcare, and retail sectors; and government agencies, commercial and online companies, and educational institutions. Safe-T Group Ltd. was founded in 2013 and is headquartered in Herzliya, Israel.
IPO Year: 2018
Exchange: NASDAQ
Website: safe-t.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/31/2022 | $6.00 | Buy | Dawson James |
| 9/23/2021 | $2.00 | Buy | Alliance Global Partners |
Dawson James initiated coverage of Safe-T Gr with a rating of Buy and set a new price target of $6.00
Alliance Global Partners initiated coverage of Safe-T Gr with a rating of Buy and set a new price target of $2.00
6-K - Alarum Technologies Ltd. (0001725332) (Filer)
6-K - Alarum Technologies Ltd. (0001725332) (Filer)
6-K - Alarum Technologies Ltd. (0001725332) (Filer)
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Revenue Estimated to Reach Record-Breaking Achievement of More Than $18.5 Million with 80% YOY Growth Tel Aviv, Israel, Jan. 25, 2023 (GLOBE NEWSWIRE) -- Alarum Technologies Ltd. (Nasdaq, TASE: ALAR) ("Alarum" or the "Company" – formerly known as Safe-T Group Ltd.), a global provider of cybersecurity and privacy solutions to consumers and enterprises, today provided preliminary revenue and cash balance guidance for the fourth quarter and full year ended December 31, 2022. Based upon a preliminary, unaudited review, Alarum expects to report revenues for the full year ended December 31, 2022, of more than $18.5 million, compared to revenues of $10.3 million reported in the full year end
Tel Aviv, Israel, Jan. 12, 2023 (GLOBE NEWSWIRE) -- Safe-T Group Ltd. (NASDAQ:SFET) (TASE: SFET) ("Safe-T" or the "Company"), a global provider of cybersecurity and privacy solutions to consumers and enterprises, today announced a corporate rebranding in response to accelerated company growth. At the heart of this rebranding is a change of the Company's name to Alarum Technologies Ltd. to embody its corporate vision and core values. The new name, Alarum, is derived from the Latin word for "warning" and is rooted in the Company's focus and commitment to provide advanced privacy and cybersecurity solutions. Over the past 18 months, the Company anchored its position as the market leader of
Tel Aviv, Israel, Dec. 28, 2022 (GLOBE NEWSWIRE) -- Safe-T Group Ltd. (NASDAQ:SFET) (TASE: SFET) ("Safe-T" or the "Company"), a global provider of cybersecurity and privacy solutions to consumers and enterprises, today announced that NetNut Ltd., the Company's wholly owned subsidiary and enterprise privacy network unit ("NetNut"), is expanding its presence into the price comparison market with new customers from the travel sector that operate price comparison websites (PCW). These new customers will be utilizing NetNut's solutions to improve their price comparison capabilities and offer their users seamless and competitive business analysis and increased productivity. These new partnersh
HERZLIYA, Israel, Dec. 05, 2022 (GLOBE NEWSWIRE) -- Safe-T Group Ltd. (NASDAQ:SFET) (TASE: SFET) ("Safe-T" or the "Company"), a global provider of cybersecurity and privacy solutions to consumers and enterprises, today announced that Safe-T was ranked as one of the 100 fastest growing companies in Israel by Statista, a leading provider of market and consumer data, and Globes, a leading financial publication in Israel. "We are extremely proud to announce that Safe-T ranked 14th among Israel's 100 fastest growing companies between 2018-2021 out of 1000 companies reached the final stage that were identified with high growth. Growth has been our main goal in the past three years, and we
Adjusted EBITDA Loss reduced dramatically in the 3rd quarter of 2022 Funding Initiatives Add Over $4 Million on Top of September 30, 2022 Capital Resources to Support Continued Growth HERZLIYA, Israel, Nov. 29, 2022 (GLOBE NEWSWIRE) -- Safe-T Group Ltd. (NASDAQ:SFET) (TASE: SFET) ("Safe-T" or the "Company"), a global provider of cyber-security and privacy solutions to consumers and enterprises, today announced record financial results for the nine-month period ended September 30, 2022. Key highlights for the nine months ended September 30, 2022: Revenues for the nine months ended September 30, 2022 reached a record high of $13,610,000, an increase of 109% com
HERZLIYA, Israel, Nov. 23, 2022 (GLOBE NEWSWIRE) -- Safe-T Group Ltd. (NASDAQ:SFET) (TASE: SFET) ("Safe-T" or the "Company"), a global provider of cybersecurity and privacy solutions to consumers and enterprises, today reported the receipt of a formal notification from The Nasdaq Stock Market LLC ("Nasdaq") that the Company has regained compliance with Listing Rule 5450(a)(1), which requires the Company's American Depositary Shares ("ADS") to maintain a minimum bid price of $1.00 per share. The Nasdaq staff made this determination of compliance after the closing bid price of the Company's ADSs was at $1.00 per share or greater for the prior 10 consecutive business days. Accordingly,
HERZLIYA, Israel, Nov. 18, 2022 (GLOBE NEWSWIRE) -- Safe-T Group Ltd. (NASDAQ:SFET) (TASE: SFET) ("Safe-T" or the "Company"), a global provider of cybersecurity and privacy solutions to consumers and enterprises, today announced that its wholly owned subsidiary and enterprise privacy unit, NetNut Ltd. ("NetNut"), has expanded its product range with its latest Mobile IP Proxy Network. NetNut has won its three first customers that have started using the new Mobile IP Proxy Network. "We are proud to announce our expansion to the mobile enterprise privacy sector," said Shachar Daniel, Chief Executive Officer of Safe-T. "the launch of our mobile IP proxy network follows a series of cu
The Company Will Host a Conference Call on Tuesday, November 29, 2022, at 08:30 a.m. Eastern Time HERZLIYA, Israel, Nov. 17, 2022 (GLOBE NEWSWIRE) -- Safe-T Group Ltd. (NASDAQ:SFET) (TASE: SFET) ("Safe-T" or the "Company"), a global provider of cybersecurity and privacy solutions to consumers and enterprises, today announces it will release its financial results for the third quarter ended September 30, 2022, before the Nasdaq market opens on Tuesday, November 29, 2022. Mr. Shachar Daniel, Chief Executive Officer, and Mr. Shai Avnit, Chief Financial Officer, will host a conference call on November 29, 2022, at 08:30 a.m. ET, to discuss the financial results, followed by a Q&A se
HERZLIYA, Israel, Nov. 11, 2022 (GLOBE NEWSWIRE) -- Safe-T Group Ltd. (NASDAQ:SFET) (TASE: SFET) ("Safe-T" or the "Company"), a global provider of cybersecurity and privacy solutions to consumers and enterprises, today announced a surge in NetNut Ltd., the Company's subsidiary and enterprise privacy network ("NetNut"), that doubled its usage volume and processed over 36 billion customer's requests. The sharp increase in volume is a result of the onboarding of several strategic customers, as well as the expansion of NetNut's network and its ability to process record breaking amounts of requests. In addition, NetNut achieved three record revenue months, transitioning the business to profit
"NetNut has become a major infrastructure provider for us at Crystal Ball Systems, Inc. It's speed and performance allow us to support our thousands of clients" HERZLIYA, Israel, Nov. 08, 2022 (GLOBE NEWSWIRE) -- Safe-T Group Ltd. (NASDAQ:SFET) (TASE: SFET) ("Safe-T" or the "Company"), a global provider of cybersecurity and privacy solutions to consumers and enterprises, today announced that its enterprise privacy unit, NetNut Ltd. (a wholly owned subsidiary of Safe-T), is successfully gaining increased traction among E-commerce customers in preparation for November shopping events. NetNut is a provider of proxy solutions to some of the world's most renown platforms and brands, as well a
Adjusted EBITDA Loss reduced dramatically in the 3rd quarter of 2022 Funding Initiatives Add Over $4 Million on Top of September 30, 2022 Capital Resources to Support Continued Growth HERZLIYA, Israel, Nov. 29, 2022 (GLOBE NEWSWIRE) -- Safe-T Group Ltd. (NASDAQ:SFET) (TASE: SFET) ("Safe-T" or the "Company"), a global provider of cyber-security and privacy solutions to consumers and enterprises, today announced record financial results for the nine-month period ended September 30, 2022. Key highlights for the nine months ended September 30, 2022: Revenues for the nine months ended September 30, 2022 reached a record high of $13,610,000, an increase of 109% com
The Company Will Host a Conference Call on Tuesday, November 29, 2022, at 08:30 a.m. Eastern Time HERZLIYA, Israel, Nov. 17, 2022 (GLOBE NEWSWIRE) -- Safe-T Group Ltd. (NASDAQ:SFET) (TASE: SFET) ("Safe-T" or the "Company"), a global provider of cybersecurity and privacy solutions to consumers and enterprises, today announces it will release its financial results for the third quarter ended September 30, 2022, before the Nasdaq market opens on Tuesday, November 29, 2022. Mr. Shachar Daniel, Chief Executive Officer, and Mr. Shai Avnit, Chief Financial Officer, will host a conference call on November 29, 2022, at 08:30 a.m. ET, to discuss the financial results, followed by a Q&A se
Sequential Quarterly Net Loss Reduced by 33%, Further Reductions Expected to Accelerate Significantly in Third Quarter Recent Funding Initiatives to Add Over $5 Million on Top of Current Capital Resources to Support Continued Growth HERZLIYA, Israel, Aug. 31, 2022 (GLOBE NEWSWIRE) -- Safe-T Group Ltd. (NASDAQ:SFET) (TASE: SFET) ("Safe-T" or the "Company"), a global provider of cyber-security and privacy solutions to consumers and enterprises, today announced record financial results for the six-month period ended June 30, 2022. Key highlights for the six months ended June 30, 2022: Revenues for the six months ended June 30, 2022 reached a record high of $8,798,000, an increase of 181%
The Company Will Host a Conference Call on Wednesday, August 31, 2022, at 08:30 a.m. Eastern Time HERZLIYA, Israel, Aug. 17, 2022 (GLOBE NEWSWIRE) -- Safe-T® Group Ltd. (NASDAQ:SFET) (TASE: SFET), a global provider of cyber-security and privacy solutions to consumers and enterprises, will release its financial results for the second quarter ended June 30, 2022, before the Nasdaq market opens on Wednesday, August 31, 2022. Mr. Shachar Daniel, Chief Executive Officer, and Mr. Shai Avnit, Chief Financial Officer, will host a conference call on August 31, 2022, at 08:30 a.m. ET, to discuss the financial results, followed by a Q&A session. To attend the conference call, please dial one of t
HERZLIYA, Israel, May 31, 2022 (GLOBE NEWSWIRE) -- Safe-T Group Ltd. (Nasdaq, TASE: SFET) ("Safe-T" or the "Company"), a global provider of cyber-security and privacy solutions to consumers and enterprises, today announced record financial results for the three-month period ended March 31, 2022. Revenues for the three-months ended March 31, 2022 reached a quarterly record high of $4,021,000, an increase of 199% compared to the three-month period ended March 31, 2021.Gross profit for the three-month period ended March 31, 2022 amounted to $2,117,000, an increase of 378% compared to the corresponding period in 2021.In the first quarter of 2022, the Company witnessed the initial impact of t
The Company Will Host a Conference Call on Tuesday, May 31, 2022, at 08:30 a.m. Eastern Time HERZLIYA, Israel, May 23, 2022 (GLOBE NEWSWIRE) -- Safe-T® Group Ltd. (NASDAQ, TASE: SFET), a global provider of cyber-security and privacy solutions to consumers and enterprises, will release its financial results for the first quarter ended March 31, 2022, before the Nasdaq market opens on Tuesday, May 31, 2022. Mr. Shachar Daniel, Chief Executive Officer, and Mr. Shai Avnit, Chief Financial Officer, will host a conference call on May 31, 2022, at 08:30 a.m. ET, to discuss the financial results, followed by a Q&A session. To attend the conference call, please dial one of the following te
The Company Will Host a Conference Call on Tuesday, March 29, 2022, at 08:30 a.m. Eastern Time HERZLIYA, Israel, March 15, 2022 (GLOBE NEWSWIRE) -- Safe-T® Group Ltd. (NASDAQ, TASE: SFET), a global provider of cyber-security and privacy solutions to consumers and enterprises, will release its financial results for the fourth quarter and twelve months ended December 31, 2021, before the Nasdaq market opens on Tuesday, March 29, 2022. Mr. Shachar Daniel, Chief Executive Officer, and Mr. Shai Avnit, Chief Financial Officer, will host a conference call on March 29, 2022, at 08:30 a.m. ET, to discuss the financial results, followed by a Q&A session. To attend the conference call, plea
The Company Will Host a Conference Call on Thursday, November 30, 2021 at 09:00 a.m. Eastern Time HERZLIYA, Israel, Nov. 17, 2021 (GLOBE NEWSWIRE) -- Safe-T® Group Ltd. (NASDAQ, TASE: SFET), a global provider of cyber-security and privacy solutions to consumers and enterprises, will release its financial results for the third quarter and nine-month period ended September 30, 2021, before the Nasdaq market opens on Tuesday, November 30, 2021. Mr. Shachar Daniel, Chief Executive Officer, and Mr. Shai Avnit, Chief Financial Officer, will host a conference call on November 30, 2021, at 09:00 a.m. ET, to discuss the financial results, followed by a Q&A session. To attend the conference
HERZLIYA, Israel, Aug. 09, 2021 (GLOBE NEWSWIRE) -- Safe-T® Group Ltd. (NASDAQ, TASE: SFET), a global provider of cyber-security and privacy solutions to consumers and enterprises, will release its financial results for the second quarter and six-month period ended June 30, 2021, before the Nasdaq market opens on Thursday, August 26, 2021. Mr. Shachar Daniel, Chief Executive Officer, and Mr. Shai Avnit, Chief Financial Officer, will host a conference call on August 26, 2021, at 08:30 a.m. ET, to discuss the financial results, followed by a Q&A session. To attend the conference call, please dial one of the following teleconferencing numbers. Please begin by placing your call five minutes
The acquired business generated revenues of approximately $4.2 million in 2020 HERZLIYA, Israel, July 01, 2021 (GLOBE NEWSWIRE) -- Safe-T® Group Ltd. (Nasdaq, TASE: SFET) (the "Company"), a provider of secure access solutions and intelligent data collection, today announced the acquisition of CyberKick Ltd. ("CyberKick"). The closing of the transaction is expected next week, subject to certain customary closing conditions, including the delivery of all required documents and approvals, and its cash consideration will be funded with internal cash resources. CyberKick is a provider of Software-as-a-Service (SaaS) security and privacy tools, designed to reduce users' vulnerabil
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