Two Shields Investments PLC BrandShield Update
11 8월 2020 - 3:15PM
RNS Non-Regulatory
TIDMTSI
Two Shields Investments PLC
11 August 2020
Two Shields Investments plc
("TSI", or the "Company")
BrandShield Update
Two Shields Investments plc, the AIM quoted investment company
with a strategy to build a high-quality portfolio of investments in
fast growing and scalable digital and technology enabled
businesses, is pleased to reproduce the following announcement
issued by BrandShield, in which it currently has an 11.34%
shareholding and a Convertible Loan Note subscription of $1.8m.
"BrandShield CEO: "Coronavirus has been a coming of age for
online scammers and con artists".
The crisis has seen an increase in new business signed by
BrandShield in the first half of 2020, almost equivalent to the
whole of 2019
10 August 2020: The coronavirus crisis has been a coming of age
for online scammers and con artists, according to BrandShield CEO,
Yoav Keren.
The growing threat of online fraud accelerated by COVID-19 has
meant BrandShield, a leading provider of cyber solutions from brand
protection to online threat hunting, has seen a significant
increase in new business signed. BrandShield's annual recurring
revenue from new business signed in the first six months of 2020
was almost equivalent to that in the whole of 2019.
Approximately 10% of the client base are now multi-brand
companies with medium to large companies representing around 30%,
up from 15% at the end of 2017 as they look to protect themselves
from online threats.
Since the crisis began, BrandShield's online threat detection
system has revealed a surge in fraudulent online activity, with key
sectors targeted including pharmaceuticals, medical supplies,
banking, foreign exchange, loan providers, entertainment, online
gaming and delivery companies. Some existing clients in financially
impacted sectors such as travel have reduced spend with
BrandShield, but these are expected to return post-pandemic.
Some of the biggest threats are from cybercriminals who are
trying to capitalise on fears around the pandemic, and in many
cases using the identities of known companies or brands to trick
worried consumers. Attacks have included phishing sites, social
phishing, fraudulent e-commerce sites, and fake medicine.
Cybercriminals have also targeted changing consumer and work
habits such as the increase in online shopping and greater use of
video conferencing. Earlier this year, BrandShield announced it had
neutralised over 150 phishing websites targeting the Levi Strauss
& Co's brand as part of scams. The number of sites taken down
has doubled compared with previous months. From the beginning of
the pandemic, BrandShield detected 429 new fraudulent domain names
containing the name "Levis," a 40 percent increase since the
pandemic began.
Yoav Keren, CEO, BrandShield, said: "The coronavirus crisis has
been a coming of age for online scammers and con artists. We are
witnessing lots of ways that cybercriminals across the world have
sought to capitalise on the crisis from fake medicines to phishing
scams.
"One of the impacts of the crisis is more people regularly
working from home or an increase in online grocery shopping. In
that case, businesses must improve the steps to protect staff and
customers from online threats. Based on the huge number of calls we
have received, one of the positives is that more and more companies
are waking up to the danger to their businesses, customers and
staff from online scams and threats."
For further information please visit https://twoshields.co.uk/
or contact:
Andrew Lawley Two Shields Investments Tel: +44 (0)20 3143
plc 8300
Spark Advisory Partners
Neil Baldwin / Limited +44 (0) 20 3368
Andrew Emmott (Nominated Adviser) 3554
Turner Pope Investments
(TPI) Ltd +44 (0) 20 3621
Andy Thacker (Brokers) 4120
Notes to Editors:
Two Shields Investments plc, the AIM quoted investment company
with a strategy to build a portfolio of high-quality investments in
fast growing, scalable digital and technology enabled businesses,
including those in the cyber security, e-commerce services and
consumer sectors. The Company has appointed an experienced Board of
Directors with a proven pedigree in the origination, acquisition,
development & sale of projects and creating value for
shareholders. The investment mandate covers unquoted and quoted
businesses, as well as direct project investment. Where appropriate
the Board will apply its extensive combined experience to directly
support investee businesses achieve their growth potential.
About RNS Reach announcements
This is an RNS Reach announcement. RNS Reach is an investor
communication service aimed at assisting listed and unlisted
(including AIM quoted) companies to distribute media only /
non-regulatory news releases into the public domain. Information
required to be notified under the AIM Rules for Companies, Market
Abuse Regulation or other regulation would be disseminated as an
RNS regulatory announcement and not on RNS Reach.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
NRAEAEPEFELEEAA
(END) Dow Jones Newswires
August 11, 2020 02:15 ET (06:15 GMT)
Burning Rock Biotech (LSE:BNR)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024
Burning Rock Biotech (LSE:BNR)
과거 데이터 주식 차트
부터 6월(6) 2023 으로 6월(6) 2024