- Sekur Private Data Ltd. (SWISF, Financial) initiates African market expansion for privacy solutions.
- Sekur targets high-value customers in a region with rising cybersecurity needs.
- Swiss-hosted solutions leverage strict data privacy laws for enhanced user protection.
Sekur Private Data Ltd. (OTCQB: SWISF) has commenced discussions with referral partners to introduce its privacy communication solutions across several African countries. This strategic move aims to cater to C-level executives, VIPs, and government officials within a region where eight African nations rank among the top 20 most cyber-attacked globally.
Sekur's Communications Suite, hosted in Switzerland, offers encrypted email, messaging, and VPN services. The company plans to enhance its suite with multi-tiered user authorization, providing elevated enterprise security. This expansion places Sekur in a rapidly expanding market, as the global demand for secure mobile communications is projected to reach $88.8 billion by 2032, while the cybersecurity market is expected to hit $578.2 billion by 2033, growing at a CAGR of 10.4%.
The Swiss-based hosting of Sekur's services offers a competitive advantage by ensuring robust data privacy. Switzerland's Federal Act on Data Protection, effective since 1993, safeguards user data against unauthorized access and disallows information leaks from confidential discussions, reinforcing Sekur's commitment to privacy protection.
