Our First Cyber-Security Play in a Long Time. Looks Interesting.
Sekur is a private and secure messaging and email solution hosted in Switzerland, utilizing military-grade encryption and adhering to Swiss privacy laws (not to sound redundant, but by law) to provide unrivaled privacy. And we do mean unrivaled. Sekur is 100% private and does not collect or sell any of your personal data. It started as a competitor to WhatsApp, Telegram, and Signal for retail users
Their messaging app (we had our tech guys do a deep dive into the technology) is unquestionably best-of-breed. But competing with the ‘free’ giants, WhatApp having 2.5 billion, Telegram 900 million, and Signal having 90 million users, is not so easy. Especially (despite having the most secure app on the market), when adding into the equation that Sekur Data charges $20 a month for secure email, and $15 a month for messaging.
So in the real world, where users think “nah, I’ll just use WhatsApp for free” – despite well-documented break-ins, the retail market for Sekur is for individuals who absolutely-positively cannot risk a data breach. Like for users of Seeking.com (46 million users) as well as for users who culturally demand and can afford the ‘best of everything.”
Which brings us to what interested us in Sekur. The company has shifted its focus to the larger-than-retail, enterprise market. That means corporations, especially financial institutions and governments, where data breaches can be devastating and involve penalties or lawsuits ranging into the tens or hundreds of millions of dollars. META paid $1.2 billion by Ireland, Didi Global paid $1.1 billion and Amazon paid $888 million for GDPR violations.
So while the sales cycle is longer than free-retail, the upside is tremendous. For one, the Chief Technology Officers (CTO) can and will do a deep dive into the technology to make the determination on their own, that this is the safest and most secure. And secondly, instead of signing up one customer at a time, they can sign up just one corporation and land 20,000 seats (users) with one decision.
Which brings up a problem and at the same time an investment opportunity, which we have experienced before.
Even if you truly have the best of breed product or service, the CEO still would rather stay with the old tried-and-true, even if it’s not as good, because if the new or replacement product F*s up (glitches or goes offline), the CTO’s job is on the line. Like instantaneously.
Like “who approved this piece of sh*t I want his head. He’s fired.” Sad but true.
That’s where the investment opportunity comes in. If just one recognizable name buys the Sekur product, they can start to fall like dominoes. If Goldman Sachs buys the product, you can for sure expect the CTO at JP Morgan to call Sekur and ask for a test demo. And if JP Morgan signs up, so may Bank of America, Wells Fargo, PNC, and more.
Then the CTO fear factor shifts into Sekur’s favor. Now the CTO may think, “..if we get hacked using WhatsApp or Microsoft mail, someone will come knocking on my door asking, “..why didn’t you recommend Sekur for our email. You should have known, Bank of America has been using it and they’ve never had a security breach. You’re fired!”
And domino effect starts.
So the opportunity is rather simple.
Wait until they sign their first recognizable client and Sekur puts it out in a press release (if allowed), or buy it before that press release. Of course, buying it before is the riskier proposition.
But we feel rather confident if a Bank of America type press release does go out, you could probably still make money in the long run. But most likely you won’t be able to buy it anywhere near two and a half cents. With
Especially if a feeding frenzy of traders shows up, like they earlier did with Society Pass (SOPA) this week, when it traded an incredible 200 million shares, up from a daily volume of 50,000.
We are studying this now, but for the time being, this seems like a “why not” type of trade, with your fun money. As it can be expected, it’s lightly traded, so use caution and take your time. Or like they used to say in the old day, “..be the bid.” If it goes up too fast, you can always move the bid up.
RECENT HEADLINE RELATED TO ENTERPRISE
Sekur Private Data Ltd. Provides Update on Africa Government Sales
The Company has a target of minimum 2,000 business and premium/government licenses sold for 2026, consisting of minimum 500 premium government licenses and 1,500 business licenses for a total retail value of US$2,100,000 in recurring yearly income. Read More
Sekur Private Data Ltd. Engages Flying V Group for its Business and Corporate Sales Launch
Flying V Group is focused on high-value clients, such as HNWIs, C-level executives, government officials and global leaders. Industries in focus are finance, real estate and mortgage, law, defense, energy, manufacturing, government and other sectors needing privacy and security for all their emails, chats messages and communications. Most businesses issue invoices with wire information that are compromised, 40% of all BEC attacks are now done through AI emailing and BEC attacks are costing businesses an average of US$4.89 million per attack, according to an IBM study. Read More
Sekur Private Data Ltd. Signs Distribution Agreement for Portugal, Republic of Ireland and Spain
signed a distribution agreement with Taxlibris, Lda., a Portuguese company. Taxlibris’ targets are corporate entities in Portugal, the Republic of Ireland and Spain. Through Taxlibris, Sekur has a presence in three European countries and a vast network potential of corporate clients for its new Corporate and Premium solutions launching later this month. In addition to corporate clients, Taxlibris is also looking at potential Telecom partners for Sekur. Read More
Sekur Private Data Ltd. On Track for Corporate and Premium Solutions Rollout in September 2025
Sekur is expected to sell its new plans due in part to the explosion in Business Email Compromise (“BEC”) attacks on all big tech email and chat applications, including the number one business email solution, which has suffered several hacks recently, especially since it implemented AI inside its solution. Offers protection against internet spying on VPN users and messaging hacks, such as the latest WhatsApp (read news) or Signal (read news) hacking incidents reported in the press. Read More
Sekur Private Data Ltd. Announces Closing of$1,192,000 Private Placement
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Forward-Looking Information
This news release contains certain forward-looking information within the meaning of applicable Canadian securities laws (“forward-looking statements”). All statements other than statements of present or historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “anticipate”, “achieve”, “could”, “believe”, “plan”, “intend”, “objective”, “continuous”, “ongoing”, “estimate”, “outlook”, “expect”, “project” and similar words, including negatives thereof, suggesting future outcomes or that certain events or conditions “may” or “will” occur. These statements are only predictions. These statements reflect management’s current estimates, beliefs, intentions and expectations; they do not guarantee future performance. Sekur cautions that all forward-looking statements are inherently uncertain, and that actual performance may be affected by a number of material
factors, many of which are beyond Sekur’s control. Such factors include, among other things: risks and uncertainties relating to the future of the Company’s business; the success of marketing and sales efforts of the Company; the projections prepared in house and projections delivered by channel partners; the Company’s ability to complete the necessary software updates; increases in sales as a result of investments software development technology; consumer interest in the Products; future sales plans and strategies; reliance on large channel partners and expectations of renewals to ongoing agreements with these partners; anticipated events and trends; the economy and other future conditions; and other risks and uncertainties, including those described in Sekur’s prospectus dated May 8, 2019, filed with the Canadian Securities Administrators and available on www.sedarplus.ca. Isola Ponza, a related firm, has been retained by the company for web design (news dissemination) services. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, Sekur undertakes no obligation to publicly update or revise forward-looking information.
