Safe-T Group Adds the Washington-Based Center for Advanced Defense Studies as First Partner to Join its Net Bridge Social Responsibility Program

Rhea-AI Summary

Safe-T Group Ltd. (NASDAQ: SFET) has launched the Net Bridge Program, partnering with The Center for Advanced Defense Studies (C4ADS). This initiative aims to provide free access to Safe-T's global IP proxy and data collection technologies to support research addressing issues like human trafficking and environmental degradation. The program reflects Safe-T's commitment to social responsibility and aims to contribute positively to global challenges through academic and nonprofit collaborations.

Positive

• Launch of the Net Bridge Program, enhancing the company's social responsibility profile.
• Partnership with C4ADS to address critical global issues through data collection technology.

Negative

• None.

HERZLIYA, Israel, March 03, 2022 (GLOBE NEWSWIRE) -- The Net Bridge Program to Provide Free Access to Safe-T’s Global IP Proxy and Data Collection Technologies in Support of Academic and Nonprofit Research Organizations

Safe-T® Group Ltd. (NASDAQ, TASE: SFET) (“Safe-T” or “the Company”), a global provider of cybersecurity and privacy solutions to consumers and enterprises, today announced the onboarding of The Center for Advanced Defense Studies ("C4ADS"), the first partner in its Net Bridge social responsibility program.

The Center for Advanced Defense Studies is a well-known nonprofit research institution based in Washington, DC. Supported by the collection and analysis of vast quantities of web-data gathered through Safe-T’s Enterprise Privacy network, C4ADS is tackling some of the most troublesome issues impacting society today. C4ADS’ initial focus will include human and wildlife trafficking, environmental degradation and exploitation in resource-rich countries, as well as global financial crimes and corruption.

Shachar Daniel, Chief Executive Officer of Safe-T, commented, “We’re excited to team up with The Center for Advanced Defense Studies in their mission to drive positive global change through web-data collection and research. This is an important first step in our ongoing commitment to contribute to efforts making a positive impact in our world by battling issues including crime and protecting human rights.”

Directed by Safe-T’s Enterprise Privacy unit and powered by the Company’s global IP proxy and data collection technologies, the Net Bridge social responsibility program will provide pro-bono services and access to its network to support both academic and nonprofit research initiatives that aim to create positive global impacts and change. Safe-T's advanced technology can be utilized in a wide range of market research activities including the detection and identification of criminal organizations, violations of human rights and human trafficking, as well as health and environmental issues under programs currently run by nonprofit universities and academic institutions as well as law enforcement organizations.

The Net Bridge program is the latest social responsibility program launched by Safe-T Group, building upon previous efforts that include the donation of free remote access services for employees of organizations affected by COVID-19.

About Safe-T Group Ltd.
Safe-T Group Ltd. (Nasdaq, TASE: SFET) is a global provider of cyber-security and privacy solutions to consumers and enterprises. The Company operates in three distinct segments, tailoring solutions according to specific needs. The segments include enterprise cyber-security solutions, enterprise privacy solutions, and consumer cyber-security and privacy solutions.

Our cyber-security and privacy solutions for consumers provide a wide security blanket against ransomware, viruses, phishing, and other online threats as well as a powerful, secured, and encrypted connection, masking their online activity and keeping them safe from hackers. The solutions are designed for advanced and basic users, ensuring full personal protection for all personal and digital information.

ZoneZero® cyber-security solutions for enterprises, designed for cloud, on-premises, and hybrid networks, mitigate attacks on enterprises’ business-critical services and sensitive data, while ensuring uninterrupted business continuity. Organizations’ access use cases, whether from outside the organization or within the organization, are secured according to the “validate first, access later” philosophy of Safe-T’s zero trust.

Our privacy solutions for enterprises are based on our world’s fastest and most advanced and secured proxy network, enabling our customers to collect data anonymously at any scale from any public sources over the web using a unique hybrid network. Our network is the only one comprised of both millions of residential exit points and hundreds of servers located at our ISP partners around the world. The infrastructure is optimally designed to guarantee the privacy, quality, stability, and the speed of the service.

For more information about Safe-T, please 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 is using forward-looking statements in this press release when it discusses the potential benefits from offering pro-bono service and access to its network for C4ADS. 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 22, 2021, 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.

INVESTOR RELATIONS CONTACTS:

Steve Gersten, Director of Investor Relations
Safe-T Group Ltd.
813-334-9745
investors@safe-t.com

Michal Efraty
Investor Relations, Israel
+972-(0)52-3044404
michal@efraty.com

FAQ

What is the Net Bridge Program announced by Safe-T Group (SFET)?

The Net Bridge Program is an initiative by Safe-T Group to provide free access to its global IP proxy and data collection technologies to support academic and nonprofit research.

Who is partnered with Safe-T Group in the Net Bridge Program?

Safe-T Group has partnered with The Center for Advanced Defense Studies (C4ADS) for the Net Bridge Program.

What issues is C4ADS focusing on with Safe-T's support?

C4ADS will focus on issues such as human trafficking, environmental degradation, and global financial crimes with support from Safe-T's data collection technologies.

When was the Net Bridge Program announced?

The Net Bridge Program was announced on March 3, 2022.

What does the Net Bridge Program signify for Safe-T Group's investors?

The Net Bridge Program signifies Safe-T Group's commitment to social responsibility, which may enhance its brand value and market perception among investors.