Sekur Private Data Ltd. to Accept Cryptocurrency Payments Amid Rising Cyber Threats

Sekur Private Data ( (TSE:SKUR) ) just unveiled an announcement.

Sekur Private Data Ltd. has received auditor approval to accept cryptocurrency payments for its Swiss-hosted privacy communications solutions, amid growing demand from the crypto community facing cyber threats. This strategic move is expected to enhance Sekur’s market reach by integrating digital currencies into its payment system by the end of the year, offering increased protection against identity theft and cyber attacks through its proprietary platform hosted in Switzerland, which ensures optimal security and privacy compliance.

Spark’s Take on TSE:SKUR Stock

According to Spark, TipRanks’ AI Analyst, TSE:SKUR is a Neutral.

Sekur Private Data’s stock score is driven by its revenue growth and debt-free status, though it is tempered by profitability and cash flow challenges. The technical analysis shows positive momentum, but the negative valuation metrics pose a risk. Recent corporate events like the private placement are positive but are already accounted for in financial performance.

To see Spark’s full report on TSE:SKUR stock, click here.

More about Sekur Private Data

Sekur Private Data Ltd. is a Swiss-hosted cybersecurity and privacy communications provider offering a secure suite of tools to protect governments, businesses, and individuals from unauthorized access and cyber threats. With solutions such as SekurMail, SekurMessenger, and SekurVPN, Sekur provides an accessible and reliable means of digital communication and data storage, grounded in Swiss privacy standards. Sekur serves governments, businesses, and consumers worldwide.

Average Trading Volume: 115,366

Technical Sentiment Signal: Buy

Current Market Cap: C$14.72M

For an in-depth examination of SKUR stock, go to TipRanks’ Overview page.