Level7 Global Holdings Corp.
Level 7 Global Holdings: Alex Media Technology: Alex Media (C.O.A.ST.) uses recent hacker attacks to point out cyber security and C.O.A.ST. as a solution. The IPO on NASDAQ First North is planned this year.
DGAP-News: Level 7 Global Holdings / Key word(s): Investment/Private Equity Miami, FL, New Castle Upon Tyne / 27th June 2017 / Alex Media Technology: Alex Media (C.O.A.ST.) uses recent hacker attacks to point out cyber security and C.O.A.ST. as a solution. The IPO on NASDAQ First North is planned this year. The recent global WannaCry ransomware attack is a wakeup call for businesses as to what can happen if they fail to implement effective cyber security measures. The immediate financial loss in recovering data although significant is likely to be much less than losses caused by the on-going reputational damage to the business brand. Investors were quick to spot an opportunity with the NASDAQ CTA Cyber Security Index up 3% on the day following the WannaCry attack. Cyber Security is a complex technical area where few users have a particularly deep understanding. In smaller businesses without permanent IT staff the risk of loss or interruption is significantly increased. Business cyber security solutions are typically expensive and require on-going maintenance by experienced trained staff in order to remain effective. The secure COAST USB stick is a straightforward and comprehensive solution to many current cyber security issues that is both simple and cost effective to implement. No particular technical expertise is required. The complexity of the cyber security solution is managed remotely by the COAST team, including the essential on-going maintenance of the software on the stick. With COAST all sensitive data is kept off-grid on the stick and permanently encrypted to mitigate against loss or theft. Regardless of geographical location any links to the internet are always made using a secure encrypted connection. Emails within defined groups are encrypted by default. Alex Media Technology is currently readying its secure COAST USB stick for sale in 2017 and anticipates subsequent rapid growth leading to a market flotation on NASDAQ First North. Level 7 will continue to accompany COAST at this stage and will advocate the implementation of the IPO. The issue of cybersecurity is becoming more and more important and opens up Alex Media with a healthy breeding ground to establish their security solutions in the market. Particularly the effectiveness and simplicity meet the demands of the market and of companies to the point. Alex Media Technology: www.alexmediatechnology.com
Level 7 Global Holdings Corp. Phone: +1.305.967.8582 E-Mail: media@l7holdings.com
About Level 7 Global Holdings Corp.: Disclaimer:
27.06.2017 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | Level 7 Global Holdings |
7950 NW 53rd Street Suite 337 | |
33166 Miami, Florida | |
United States | |
Phone: | +1 305 407 9619 |
E-mail: | office.mia@l7holdings.com |
Internet: | www.l7holdings.com |
ISIN: | MT0000951252, MT0000951351 |
WKN: | A17TAW, A2BELD |
Listed: | Open Market in Frankfurt |
End of News | DGAP News Service |