Smarttech247 Group PLC - Cork, Ireland-based artificial intelligence-enhanced cybersecurity services provider - Opens an office in Zurich, Switzerland, which it says further expands its "global business expansion strategy."
"Recent research has highlighted that Swiss companies are increasingly facing threats from AI generated phishing emails, disinformation campaigns and supply chain attacks. With the Swiss Financial Market Supervisory Authority identifying cyber risks as one of the most significant operational threats to financial institutions, Smarttech247's expansion is set to strengthen its global presence whilst supporting the growing number of businesses in Switzerland in their fight against cybercrime," the company says.
Current stock price: 17.15 pence, down 2.0% in London on Wednesday
12-month change: down 50%
By Sophie Rose, Alliance News senior reporter
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Smarttech247 (S247)