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Bullboard - Stock Discussion Forum Sekur Private Data Ltd C.SKUR

Alternate Symbol(s):  SWISF

Sekur Private Data Ltd. is a cybersecurity and Internet privacy provider of Swiss hosted solutions for secure and private communications. The Company distributes a suite of encrypted e-mails, secure messengers, and secure communication tools. Its software solutions offerings include SekurMessenger, SekurMail, and SekurVPN. Its SekurMail is part of a bundle of email, messaging, and file transfer... see more

CSE:SKUR - Post Discussion

Sekur Private Data Ltd > New report on Sekur!
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Post by sdhaka on Jul 31, 2024 6:40pm

New report on Sekur!

Cybersecurity in Focus: Navigating Rising Threats and Data Privacy Regulations

In an era where cyber threats are escalating and data privacy regulations are tightening, the cybersecurity industry is more critical than ever. High-profile incidents, such as the AT&T data breach and cyberattacks on key software providers, underscore the urgent need for robust cybersecurity measures.

Sekur Private Data Ltd. (OTCQB: SWISF) (CSE: SKUR) is gaining traction amidst this backdrop. Despite a modest shortfall in Q1-2024 revenue estimates, Sekur reported a notable 27% increase in 2023 revenue, outpacing our expectations. The company is strategically targeting small and medium-sized businesses (SMBs) and preparing to launch services for large enterprises.

Key insights from our latest report include:
- Revenue Growth: A steady increase, driven primarily by U.S. individual users and gradually expanding to SMBs.
- Cost Efficiency: A significant reduction in Customer Acquisition Costs (CAC), thanks to a shift towards in-house SEO and reseller partnerships.
- Future Targets: Plans to introduce new services, an affiliate program, and a strong push towards corporate clients.

Our analysts predict profitability by 2026, with management aiming for 2025 through substantial cuts in G&A and marketing expenses.

Discover more about Sekur's journey and industry insights by reading the full report. Click the link below to dive deeper into the data and future projections.

https://www.researchfrc.com/content/reports/post/116/gaining-traction-amid-rising-cyber-threats-and-stringent-data-privacy-regulations

Disclaimer: FRC provides issuer-paid coverage. Past performance is not indicative of future results.
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