Safe-T Group (NASDAQ:SFET) Ltd said it had bolstered its cybersecurity and privacy solutions product portfolio and aims to commercially launch its now developed iShield by the beginning of 2022.
iShield is designed to help consumers and small and mid-sized businesses (SMEs) detect and defend against malicious threats during online browsing. It will be offered to users through a recurring monthly or yearly subscription-based model.
"With the development and completion of iShield, Safe-T is adding an important additional layer to its wide range of cybersecurity and privacy solutions portfolio," said Shachar Daniel, CEO of Safe-T Group in a statement.
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"We are excited to bring our iShield technology to the market to provide a critical new level of protection for users, and we look forward to its commercial launch through our online marketing channels by the beginning of 2022."
The company noted that consumers and SMEs often face significant IT challenges, as they do not have the resources to implement, enterprise-grade cybersecurity solutions like larger organizations.
iShield includes protection of consumers’ personal data and identity, control of consumers’ web footprints, encrypted browsing, and safekeeping of consumers’ devices, it said.
Safe-T Group Ltd is a global provider of cyber-security and privacy solutions and operates in three distinct segments - enterprise cyber-security solutions, enterprise privacy solutions, and consumer cyber-security and privacy solutions.
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