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Safe-T Group Ltd (SFET)

NasdaqCM - NasdaqCM Real Time Price. Currency in USD
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1.0100-0.0100 (-0.98%)
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Neutralpattern detected
Previous Close1.0200
Open1.0000
Bid0.9600 x 1300
Ask0.0000 x 900
Day's Range0.9800 - 1.0300
52 Week Range0.9000 - 10.7200
Volume219,626
Avg. Volume720,195
Market Cap20.019M
Beta (5Y Monthly)0.85
PE Ratio (TTM)N/A
EPS (TTM)-3.1200
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateJun 05, 2018
1y Target EstN/A
  • GlobeNewswire

    Safe-T Group Ltd. Estimates Record High Quarterly Revenues

    Estimates 62%-65% Growth in Revenues During the First Nine Months of 2020HERZLIYA, Israel, Oct. 14, 2020 (GLOBE NEWSWIRE) -- Safe-T® Group Ltd. (NASDAQ, TASE: SFET), a provider of secure access solutions for on-premise and hybrid cloud environments, today provided an estimated revenue range for the nine and three month periods ended September 30, 2020. On a preliminary basis, Safe-T expects to report revenue for the nine month period ended September 30, 2020 in the range of $3.52 million to $3.57 million, an increase in the range of 62% to 65%, respectively, compared to $2.17 million during the equivalent period in 2019. On a preliminary basis, Safe-T’s third quarter 2020 revenue is expected to be in the range between $1.36 million to $1.41 million, compared to $1.349 million in the third quarter of 2019.Safe-T expects to release the full, unaudited third quarter and nine-month results by November 30, 2020. The above information reflects preliminary estimates with respect to certain results of the Company for the nine- and three-month periods ended September 30, 2020, based on currently available information. The Company is providing ranges, rather than specific amounts, for these preliminary estimates primarily because the financial close process and review are not yet complete and, as a result, the Company’s final results upon completion of its closing process and review may vary from the preliminary estimates. About Safe-T® Safe-T Group Ltd. (Nasdaq, TASE: SFET) is a provider of Zero Trust Access solutions which mitigate attacks on enterprises' business-critical services and sensitive data, while ensuring uninterrupted business continuity.Safe-T’s cloud and on-premises solutions ensure that an organization’s access use cases, whether into the organization or from the organization out to the internet, are secured according to the “validate first, access later” philosophy of Zero Trust. This means that no one is trusted by default from inside or outside the network, and verification is required from everyone trying to gain access to resources on the network or in the cloud.Safe-T’s wide range of access solutions reduce organizations’ attack surface and improve their ability to defend against modern cyberthreats. As an additional layer of security, our integrated business-grade global proxy solution cloud service enables smooth and efficient traffic flow, interruption-free service, unlimited concurrent connections, instant scaling, and simple integration with our services.With Safe-T's patented reverse-access technology and proprietary routing technology, organizations of all size and type can secure their data, services, and networks against internal and external threats.At Safe-T, we empower enterprises to safely migrate to the cloud and enable digital transformation.Safe-T’s solutions on AWS Marketplace is available hereFor more information about Safe-T, visit www.safe-t.comForward-Looking StatementsThis press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws.  Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Safe-T is using forward-looking statements in this press release when it discusses preliminary unaudited estimates of revenues for the third quarter of 2020 and the nine-month period ended September 30, 2020. Because such statements are based on Safe-T’s current estimations, they are subject to various risks and uncertainties, are not guarantees of results and should not be considered as an indication of future activity or future performance. Actual results, performance or achievements of Safe-T could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors” in Safe-T’s annual report on Form 20-F filed with the Securities and Exchange Commission (“SEC”) on March 31, 2020, and in any subsequent filings with the SEC. Except as otherwise required by law, Safe-T undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release.Contact Investor Relations:Michal Efraty +972-(0)52-3044404 michal@efraty.com

  • GlobeNewswire

    Safe-T Listed in Leading Analyst Firm’s Q3 2020 Tech Tide™: Zero Trust Threat Prevention Report

    HERZLIYA, Israel, Oct. 07, 2020 (GLOBE NEWSWIRE) -- Safe-T® Group Ltd. (NASDAQ, TASE: SFET), a provider of secure access solutions for on-premise and hybrid cloud environments, announced today that it was listed in Forrester’s Q3 2020 Tech Tide™: Zero Trust Threat Prevention Report 1.Forrester is one of the leading analyst firms in the market. For more than 35 years, Forrester’s research has given global consumer business and technology leaders a clear vision to see what is now and what is next.Safe-T’s ZoneZero™ is a Zero Trust Network Access (ZTNA) solution which offers a transparent and simple deployment, providing an innovative and unique network-centric solution to implement micro-segmentation and ZTNA within corporate network VPNs, firewalls, and application services.ZoneZero™ provides seamless integration across all legacy infrastructure and authentication services.Understanding the need for ZTNA solutions that efficiently and completely address all remote access and micro-segmentation scenarios and requirements, Safe-T has created the first ever Perimeter Access Orchestration Platform, incorporating the following modules: * Logical micro-segmentation utilizing Safe-T’s reverse-access patent * The Safe-T Classic SDP implementation - a clientless ZTNA module * Integration with leading VPNs - adding ZTNA capabilities to existing VPNs * Support continuous authentication and upgrading 2FA to true MFA * Application access control for internal and external users * Continuous monitoring, enforcement, and reporting on user/application activities “We are honored to be listed in the Forrester Tech Tide report. The listing validates the reason why leading organizations of all verticals (government, military, financial, healthcare, etc.) rely on Safe-T’s ZTNA solution to logically segment their networks and control access to their resources,” said Safe-T’s CEO, Shachar Daniel.   Safe-T’s ZoneZero™ solution provides Zero Trust protection for on-premises and cloud published services, supporting services such as HTTP/S, RDH5, RDP, SSH, legacy applications, WebDAV, etc. Using Safe-T’s ZoneZero™ solution, organizations can now provide complete zero trust access for remote employees, partners, applications, IOT devices and more,  to company resources regardless of their location.Safe-T’s solution provides simple deployment for both managed and unmanaged devices. In addition, the solution’s user behavior analysis module, provides unparalleled insight into user traffic, which allows it to detect bots and malicious insiders before they have the chance to cause damage.About Safe-TSafe-T Group Ltd. (Nasdaq, TASE: SFET) is a provider of access solutions which mitigate attacks on enterprises’ business-critical services and sensitive data, while ensuring uninterrupted business continuity. Safe-T’s cloud and on-premises solutions ensure that an organization’s access use cases, whether into the organization or from the organization out to the internet, are secured according to the “validate first, access later” philosophy of zero trust. This means that no one is trusted by default from inside or outside the network, and verification is required from everyone trying to gain access to resources on the network or in the cloud.Safe-T’s wide range of access solutions reduce organizations’ attack surface and improve their ability to defend against modern cyberthreats. As an additional layer of security, our integrated business-grade global proxy solution cloud service enables smooth and efficient traffic flow, interruption-free service, unlimited concurrent connections, instant scaling, and simple integration with our services. With Safe-T’s patented reverse-access technology and proprietary routing technology, organizations of all size and type can secure their data, services, and networks against internal and external threats. At Safe-T, we empower enterprises to safely migrate to the cloud and enable digital transformation.For more information about Safe-T, visit www.safe-t.comForward-Looking StatementsThis press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Safe-T is using forward-looking statements in this press release when it discusses the potential of its products, maintaining leadership in Zero Trust Network Access, and continuing to provide customers with the tools they need to prevent unauthorized users from accessing company resources. Because such statements deal with future events and are based on Safe-T’s current expectations, they are subject to various risks and uncertainties and actual results, performance or achievements of Safe-T could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors” in Safe-T’s annual report on Form 20-F filed with the Securities and Exchange Commission (“SEC”) on March 31, 2020, and in any subsequent filings with the SEC. Except as otherwise required by law, Safe-T undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Safe-T is not responsible for the contents of third-party websites.PRESS CONTACT Maya Meiri Maya.Meiri@safe-t.com +972-9-8666110 * * *1 The Forrester Tech Tide™: Zero Trust Threat Prevention, Q3 2020 by David Holmes, Sandy Carielli, Andras Cser, Chase Cunningham, Chris Sherman, Brian Kime, and Claire O’Malley, September 18, 2020.

  • GlobeNewswire

    Safe-T Group Interview to Air on Bloomberg International on the RedChip Money Report

    HERZLIYA, Israel , Oct. 01, 2020 (GLOBE NEWSWIRE) -- Safe-T® Group Ltd. (Nasdaq, TASE: SFET), a provider of secure access solutions for on-premise and hybrid cloud environments, today announced an interview with Shachar Daniel, Co-Founder and CEO, will air on The RedChip Money Report television program. The interview will air Sunday, October 4, at 6 p.m. local time on Bloomberg International, available in 100+ million homes across Europe.In the exclusive interview, Daniel discusses the Company’s secure remote access technology and plans for growth.To view the interview segment, please visit: https://youtu.be/BG31KgUb1JsThe interview will also air in the US on the Action Channel on Sunday, October 4, at 11 a.m. ET and is available via live stream on American Business TV.“The RedChip Money Report" delivers insightful commentary on small-cap investing, interviews with Wall Street analysts, financial book reviews, as well as featured interviews with executives of public companies. About Safe-T® Group Ltd.Safe-T Group Ltd. (Nasdaq, TASE: SFET) is a provider of Zero Trust Access solutions which mitigate attacks on enterprises' business-critical services and sensitive data, while ensuring uninterrupted business continuity. Safe-T's cloud and on-premises solutions ensure that an organization's access use cases, whether into the organization or from the organization out to the internet, are secured according to the "validate first, access later" philosophy of Zero Trust. This means that no one is trusted by default from inside or outside the network, and verification is required from everyone trying to gain access to resources on the network or in the cloud.Safe-T's wide range of access solutions reduce organizations' attack surface and improve their ability to defend against modern cyberthreats. As an additional layer of security, our integrated business-grade global proxy solution cloud service enables smooth and efficient traffic flow, interruption-free service, unlimited concurrent connections, instant scaling and simple integration with our services.With Safe-T's patented reverse-access technology and proprietary routing technology, organizations of all size and type can secure their data, services and networks against internal and external threats.Safe-T's SDP solution on AWS Marketplace is available here.For more information about Safe-T, visit www.safe-t.comForward-Looking StatementsThis press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates" and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Safe-T is using forward-looking statements in this press release when it discusses its outlook for the future, the expanding of potential customers and maximization of sales potential of its solution, the increasing interest in its innovative solutions, the positive results and growth over time, the impact of COVID-19, closely monitoring the Company's business in order to respond quickly to fluctuations in demand and the ability to continue growing organically as well as executing its M&A strategy. Because such statements deal with future events and are based on Safe-T's current expectations, they are subject to various risks and uncertainties and actual results, performance or achievements of Safe-T could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading "Risk Factors" in Safe-T's annual report on Form 20-F filed with the Securities and Exchange Commission ("SEC") on March 31, 2020, and in any subsequent filings with the SEC. Except as otherwise required by law, Safe-T undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Safe-T is not responsible for the contents of third-party websites.CONTACT INVESTOR RELATIONS: Michal Efraty +972-(0)52-3044404 michal@efraty.com