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Reklaim Ltd V.MYID

Alternate Symbol(s):  MYIDF

Reklaim Ltd. is a Canada-based consumer-focused data company. The Company is engaged in offering compliant, first-party data to Fortune 500 brands and agencies, platforms, and data companies through which it allows consumers to visit the platform, confirm their identity and unveil data that has been collected and sold on them for years without the consumer's explicit consent. It enables consumers to take back control of this data by setting up a Reklaim account where, should they choose to, consumers can be compensated for using their data or protect it via a suite of privacy tools. The Company's platform offers various data segments, which includes household information, interests, traits, reading preferences, watching preferences, donation history, and financial information. It reveals various attributes based on the amount or variety of regular Internet activities of the consumers, such as reading articles, shopping, managing finances, and streaming platforms.


TSXV:MYID - Post by User

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Post by waves1on Jan 17, 2022 3:43pm
65 Views
Post# 34325790

2021 cybersecurity statistics demonstrate the need for $MYID

2021 cybersecurity statistics demonstrate the need for $MYID
Here's an informative article on cybersecurity statistics that are a bit unnerving IMO.
https://www.welivesecurity.com/2021/12/30/22-cybersecurity-statistics-know-2022/ 
 
Two notable statistics are that 2021 saw the highest average cost of a data breach in 17 years, rising from $3.86M to $4.24M on an annual basis, as well as that COVID-19 and the shift to remote work had a direct impact on the cost of data breaches, increasing the average cost by $1.07M when remote work was a factor in causing the breach. 
 
It's surprising that Reklaim ($MYID.v $MYIDF) has stayed relatively unknown given how common breaches are becoming and how costly they are. As more investors and users are drawn towards $MYID, they're set for solid growth as they're the only company allowing users to take control of their own data and giving them the choice to protect or sell their data. 
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