E-commerce customers recognize Safe-T Group’s enterprise privacy unit, NetNut, in time for November shopping events

E-commerce customers recognize Safe-T Group's enterprise privacy unit, NetNut, in time for November shopping events

“NetNut has become an important infrastructure provider for us at Crystal Ball Systems, Inc. Its speed and performance allow us to support our thousands of customers”

HERZLIYA, Israel, Nov. 8, 2022 (GLOBE NEWSWIRE) — Safe-T Group Ltd. (Nasdaq: SFET) (TASE: SFET) (“Safe-T” or the “Company”), a global provider of cybersecurity and privacy solutions for consumers and businesses, today announced that its enterprise privacy unit, NetNut Ltd. (a wholly owned subsidiary of Safe-T), is gaining traction with e-commerce customers in preparation for the November shopping events. NetNut is a provider of proxy solutions for some of the world’s most recognized platforms and brands, as well as many e-commerce solution providers.

“One of the most undeniable online trends is the increase in purchases through e-commerce platforms during the month of November and the upcoming holidays. Most e-commerce platforms rely on large amounts of real-time data to constantly analyze competitor products, prices and shipping costs,” commented Shachar Daniel, CEO of Safe-T. “The ability to gather such important competitive intelligence is possible through the use of NetNut’s solutions and its advanced worldwide proxy network.”

Michael Abrams, CEO and founder of Crystal Ball Systems Inc., a NetNut customer, said, “NetNut has become an important infrastructure provider for us at Crystalball Systems Inc. Its speed and performance allow us to deliver to our thousands of customers Time-accurate e-commerce data We are delighted to be working with NetNut for a very busy and successful shopping month of November.”

About NetNut Ltd.
NetNut Ltd., a wholly owned subsidiary of Safe-T Group Ltd., is a provider of fast, reliable and scalable proxy solutions for all web scraping and web data extraction requirements. By using a dynamic network and delivering optimized IP pools, NetNut is the ultimate solution for scraping and collecting web data at high speed and lower rates.
NetNut use cases include web data mining, market research, search engine optimization (SEO) and search engine results page (SERP) tracking, the price comparison, social media management (SMM), advertising verification, brand protection, travel aggregation and more. NetNut’s proxy network includes exit points based on its proprietary reflection technology and hundreds of servers located at its ISP partners worldwide. The infrastructure is optimally designed to ensure privacy, quality, stability and speed of service.

About Safe-T Group Ltd.
Safe-T Group Ltd. (Nasdaq: SFET) (TASE: SFET) is a global provider of privacy and cybersecurity solutions for consumers and businesses. The company operates in three distinct segments: enterprise cybersecurity solutions, enterprise privacy solutions, and consumer privacy and cybersecurity solutions.

Our privacy and cybersecurity solutions for consumers provide comprehensive security coverage against ransomware, viruses, phishing and other online threats, as well as a powerful, secure and encrypted connection, which masks your online activity and protects you from computer hackers Solutions are designed for advanced and basic users, ensuring complete personal protection for all personal and digital information.

Our enterprise privacy solutions are based on our world’s fastest, most advanced and most secure proxy network, enabling our customers to anonymously collect data at any scale from any public source across the web using a network unique hybrid Our network includes both exit points based on our proprietary reflection technology and hundreds of servers located at our ISP partners around the world. The infrastructure is optimally designed to ensure privacy, quality, stability and speed of service.

Our enterprise cybersecurity solutions, designed for cloud, on-premise and hybrid networks, mitigate attacks on business-critical services and sensitive data, while ensuring uninterrupted business continuity. Organizational data access, storage, and exchange use cases, from outside or inside the organization, are secured using a zero-trust “validate first, access later” philosophy from Safe-T. Our ZoneZero® solutions are available through our distributor, TerraZone Ltd.a global provider of information security, as a cloud solution or service.

For more information about Safe-T, visit www.safetgroup.com

Forward-looking statements
This 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 uses forward-looking statements in this press release when discussing e-commerce market trends, the benefits of its proxy solutions and their potential to address market need and/or demand. Because these statements deal with future events and are based on Safe-T’s current expectations, they are subject to various risks and uncertainties and Safe-T’s actual results, performance or achievements could differ materially from those described or implied in the forward-looking statements. statements in this press release. Forward-looking statements contained in or implied by 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 at the Securities and Exchange Commission (“SEC”) on March 29, 2022 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 statements forward-looking to reflect events or circumstances subsequent to the date of this document or to reflect the occurrence of unanticipated events.

INVESTOR RELATIONS CONTACT:Michal Efraty
+972-(0)52-3044404
investors@safetgroup.com

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Source: Safe-T Group Ltd.

2022 GlobeNewswire, Inc., source press releases

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