Level 7 Global Holdings: Alex Media Technology: Alex Media 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.
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
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About Level 7 Global Holdings Corp.: Level 7 Global Holdings Corp. is a company that provide services as a Holding and Private Equity Firm to businesses, and asset management in all profitable business sectors that includes but is not limited to the media, the tech sector, digital technology, manufacturing, online retail and others. We are involved in start-up companies seeking to infiltrate fast-growing markets and we specialize in early-stage financing, venture capital and private equity. Beside our main investment strategy as noted above, Level 7 is also involved in the acquisition of shares from already well established companies that have a history of profitability, sustained earnings and positive cash flow. The aim of our portfolio strategy is to provide the company both room for growth, income flow, and capital appreciation on a sustained basis. Our Exchange Traded Instrument (ETI), listed on the Frankfurt Stock Exchange, offers the professionals and institutional investors the opportunity to invest in our instrument. For more information, please visit: www.l7holdings.com
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