Competitors of BrandShield include Red Points and 3 more. The company continues to experience steady growth as it expands its market share and global footprint and branches into new verticals, including gaming and blockchain. That growth trend has continued through the start of 2022 with the May 2022 ARR standing at $6.3m. Investors; Login; GET A DEMO; BrandShield 2020: Where next? Brand protection is no longer just a cybersecurity issue, according to Frost & Sullivan. For example, Decentraland was the victim of a phishing attack that targeted MailChimp, and as a result, had hundreds of email accounts leaked to the hacker, according to Chainalysis. The company specializes in monitoring, detecting, and removing online threats such as scams, counterfeit sales, and trademark infringements. "In an ideal world, we would like to see nobody ever lose funds. OpenSea also said its platform works to identify and delist any items using phishing links. 05/30/2023 | 06:00am EDT The company achieved significant operational and financial progress in 2022, it added in the statement, ending the year financially sound with the foundations for further growth. Get the full list, To view BrandShields complete patent history, request access, Youre viewing 5 of 6 executive team members. To purchase land in the metaverse, users typically need a cryptocurrency wallet MetaMask is the most common. Win whats next. See our Cookie Policy for more information. without the written consent of Start-Up Nation Ever since launch, BrandShield has introduced ground-breaking innovative technologies for online brand protection powered by artificial intelligence ("AI"), machine learning and big data analysis to provide the most automated and relevant solutions for the 21st century. The technology uses big data and algorithms to find networks of fraudulent online activity and clusters of counterfeiters. Nano-scale engineering, serialization authentication expertise and sensor knowledge help Authentix create effective customized solutions that address each client's needs. Company says agreement is the latest "milestone" in its growing presence in Asia, and will enhance cooperation and knowledge sharing. "You feel violated I had something stolen from me," Miller said. CNBC also asked the three metaverse platforms whether they could quantify how much land has been stolen as well as the financial loss to investors from these phishing scams. aimed at maintaining the companys growth and driving profitability. If cybercriminals arent swiftly caught, consequences are huge and far reaching. "And hopeful for, you know, whatever projects that would come out of it.". As part of its recognition, BrandShield was named among the top three companies in the digital risk protection space, ranking third in innovation and fourth in market growth. Desrosiers said the metaverse piqued her interest because the nurse hoped to use the virtual platform to develop an educational game on human anatomy and physiology. The Group is looking forward to the continuing rapid expansion of BrandShield as a leading brand orientated digital risk protection company that is deployed globally. This is an excerpt of the original content. there are indicators that suggest that this company is no longer active. BrandShield will work in collaboration with various organisations including Procter & Gamble PLC, Unilever PLC and the British Chamber of Commons of the Philippines, plus e-commerce platforms such as Lazada Group. Takedowns are performed by in-house enforcement teams consisting of lawyers with experience in IP law. Brandshield Systems plc Enters into an Agreement with the Philippine Intellectual Prope.. While the three platforms have existed for years, they only started selling blockchain-based plots of land during the past year. BRSD Stock Chart & Stats Advanced Chart > Day's Range 0p - 0p 52-Week Range 4.50p - 10.80p Previous Close 5.25p Volume 158.55K Average Volume (3M) 319.04K Market Cap $11.13M Enterprise Value 867.75M Total Cash (Recent Filing) $2.33M Total Debt (Recent Filing) $2.00M Price to Earnings (P/E) -1.1 Beta 0.66 Next Earnings Nov 28, 2023 EPS Estimate N/A Strictly necessary cookies relate to our hosting environment, and functional cookies are used to facilitate social logins, social sharing and rich-media content embeds. This table compares Oxus Acquisition and its competitors net margins, return on equity and return on assets. Their latest funding was raised on May 6, 2022 from a Secondary Market round. With resources devoted elsewhere and companies attention occupied by weathering the impending recession, cybercriminals have spotted a golden opportunity to attack while business guards are down. s Radar for Digital Risk Protection Services. The industry-leading report, which is among the most prestigious in the space, is compiled based on in-depth expert analysis, a 360 degree research methodology, and objective evaluation. We also share information about your use of our site . Finder is provided for free by the non-profit organization Start-Up Nation Central. That strong growth trend has continued into 2022 with the May ARR figure standing at $6.3m (unaudited), a 66.7% increase in the ARR relative to May 2021. Since the metaverse is so new, law enforcement officials don't keep stats on how much investors have lost to scams. Get ready to spend almost $30K. By Christian Moess Laursen. Adam Lowe, creator of the cold storage wallet Arculus, recommends investors use multifactor authentication as an added measure of protection. What financial advisors need to know about crypto. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. It was founded in 2011 and is based in New York, New York. The company was founded in 2015 and is based in Madrid, Spain. Decentraland skyrocketed in popularity after the announcement of Facebook's name change to Meta, which put a spotlight on Silicon Valley's faith in the metaverse as an emerging technology. And in the worst-case scenario, where they do, they have the ability to recover those funds, right? And each of them says that there was simply no way to get it back. In addition, BrandShield has minority interests in other assets, inherited as a result of the Reverse Takeover ("RTO") transaction conducted with Two Shields Investments Plc in December 2020. -, BrandShield joins Philippines anti-fraud agreement, Earnings Flash (BNR.L) BURNING ROCK BIOTECH Reports Q1 Revenue RMB142.5M, Brandshield Systems plc Enters into an Agreement with the Philippine Intellectual Property Authority. OpenSea, that platform she used to buy land in The Sandbox, still has not responded to her. Broadcom 2Q results show the benefits of AI feeding frenzy, say Meta mandates most employees back to the office in September, Gamelancer exceeds expectations as company releases strong Q1 numbers, Gamelancer owns the largest gaming media inventory on TikTok, Kodiak Copper announces company has become Carbon Neutral using Carbon offsets. Overview & Products Financials Alternatives & Competitors Customers Founded Year 2013 Stage PIPE - II | IPO Total Raised $8.22M Revenue $0000 About BrandShield BrandShield is a provider of brand-oriented digital risk protection solutions. We will compare Oxus Acquisition to similar businesses based on the strength of its risk, analyst recommendations, earnings, dividends, valuation, institutional ownership and profitability. The cybercriminal may then resell the stolen land on an online marketplace like OpenSea. Please provide us the following information. Head to consensus.coindesk.com to register and buy your pass now. "We call them phish kits, right? Burning Rock Provides First Quarter 2023 Business Updates and Schedules Earnings Releas.. https://www.businesswire.com/news/home/20230124005916/en/, Eric Gonzalez It's sort of like a package of things to try to trick people. To continue reading it, access the original document here. BrandShield has 5 investors. But she said having her virtual property stolen hasn't deterred her from participating in the early stages of the metaverse. In the open metaverse, users should be able to enjoy their true digital ownership rights and have new ways to create, store and trade value while having fun rather than having to worry about online threats, Sebastien Borget, chief operations officer of The Sandbox, said in an email. BrandShield's most recent revenue is from 2019. Advertising Cookies collect information about your browsing habits such as the pages you visit and links you follow. BrandShield Software Development Brand-Oriented Digital Risk Protection See jobs Follow View all 81 employees About us BrandShield provides services from #digitalrisk protection and. CBI websites generally use certain cookies to enable better interactions with our sites and services. You're all set to receive the Morning Update newsletter. Terms of use. BrandShield 's top competitors include ZeroFox, Red Points, and Bfore.Ai. The platforms did not provide figures. You can read more about your cookie choices at our privacy policyhere. The metaverse is not one single place. Overview & Products Financials Alternatives & Competitors Customers BrandShield 's alternatives and competitors See how BrandShield compares to similar products. BrandShield is a provider of cybersecurity so FeedBrowseUploadLibraryMore in addition to a We received your request and will be in touch via Cuban was the only one to respond and said that these phishing scams aren't unique to the crypto space they affect big companies, too. But once these transactions occur, they can't be changed. Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more. Authentix is a global provider in authentication, offering brand protection, excise tax recovery, and supply chain security solutions to governments and Fortune 500 companies around the world. Authentix helps safeguard clients in the oil and gas, pharmaceutical and consumer goods industries from counterfeiting, smuggling and adulteration issues. BrandShield (LSE: BRSD), a cybersecurity company specializing in monitoring, detecting, and removing online threats, today announced its recognition as a Leader in Frost & Sullivan 's Radar for Digital Risk Protection Services. This has been achieved primarily through the application of funds into the sales and marketing functions within the Company. Smart Protection operates a software-as-a-service (SaaS) platform for detecting and eliminating the fraudulent use of digital content on the internet. CB Insights Intelligence Analysts have mentioned BrandShield in 1 CB Insights research brief, most recently on Jan 10, 2023. Published: Feb. 28, 2023 at 3:24 a.m. In an email, MetaMask listed the reasons for the hacking, and offered solutions like discontinuing her account and reporting the incident to the authorities. Flashpoint delivers business risk intelligence (BRI) services. The Sandbox . 2023 PitchBook. It also evaluates threat levels from different digital entities and platforms, such as websites and NFT marketplaces, to find threats that would otherwise be undetectable by traditional cybersecurity technology. *Required fields There have been significant developments in some of these holdings which we believe brings the realisation of the value contained closer to fruition. That's where we're aiming to be," she said. Revenue was up 55% to around US$6.39mln, while new business and upsells grew 53% to US$3.87mln as the client base expanded by 41% to 183. The business was established to revolutionise the way companies can protect their digital assets outside their security perimeter. The Company remained well positioned to react to the unique challenges posed by the Covid-19 pandemic and its aftermath. The company was founded in 2021 and is based in Chevy Chase, Maryland. Get this delivered to your inbox, and more info about our products and services. Cybersecurity firm recognized for its unique ability to monitor, detect, and remove online threats while protecting brands against trademark infringement, executive impersonation, anti-counterfeiting, anti-phishing, social media fraud, and more. The metaverse, the new digital frontier where users can attend virtual concerts or purchase digital assets like land, has been hit with fraud. Get Your Online Threat Map Schedule a demo today BrandShield's experts can demonstrate your real challenges in the digital sphere, and how you can remove threats and brand abuse efficiently, with the BrandShield system and takedown services. 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That's because the buying and selling of metaverse property all occurs on the blockchain, which is a transparent ledger showing all transactions that take place. The Sandbox, which is owned by a major blockchain venture capital firm called Animoca Brands, has a $4 billion valuation. Get the full list, Youre viewing 5 of 8 board members. Metaverse gaming firm The Sandbox has hired BrandShield, an online threat detection company, to ensure the safety of crypto wallets and non-fungible tokens ( NFTs) on its marketplace. And in the last couple years, they've become increasingly sophisticated," she said. Sales cycles became shorter, particularly from small and medium sized clients, some of which signed annually recurring subscription contracts within a matter of days from the initial contact. The platform is built to scale and, therefore, a focus on the top line and customer conversion continues to be the over-riding priority for 2022. Learn more. Instead, they say they got a lesson in the dangers of high-risk investing. BrandShield's 2019 revenue was $1.9M. Flashpoint delivers business risk intelligence (BRI) services. Announces Participation in the LD Micro Invitational XIII, Kayne Anderson Energy Infrastructure Fund Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios at May 31, 2023, Gensource Potash Announces Extension to the Maturity Date of Convertible Debentures and Granting of Stock Options, Keel of Pittsburgh (LPD 31) Authenticated at HII's Ingalls Shipbuilding, Delaware Investments National Municipal Income Fund Announces Revised Fund Adoption Date, Azucar Reports Receipt of Order from Mexico's Ministry of Economy regarding the El Cobre Project, Veracruz, Mexico. The associated ARR figure increased from $3.28m for 2020 to $5.22m, a 59% increase year on year. Smart Protection was formerly known as 3ANTS. BrandShield's software monitors millions of datapoints across many types of online platforms including websites, marketplaces, social media, mobile apps and Pay Per Click ads. I am pleased to report that the client numbers increased significantly in 2021 from 77 to 130, fuelled by additional investment in the sales and marketing functions. site you are consenting to these choices. BrandShield Systems plc (AIM: BRSD), a leading provider of cybersecurity solutions from brand protection to online threat hunting, admission to trading on AIM ("Admission") following the reverse takeover of Two Shields Investments plc. These audience insights are used to make our website more relevant. Note that you need to have an email in this BrandShield's latest funding round was a PIPE - II for $1.25M on May 10, 2022. BrandShield's proprietary, AI/ML-powered platform enables brands to monitor, detect and remove phishing attacks and brand and executive impersonations. Its software protects customers from the financial costs and reputational damage caused by an increasing number of online threats including phishing, social phishing, impersonation, and . Canada Silver Cobalt Works announces company plans to apply for Doubleview Gold's drill results from the Hat Project shows Enveric Bioscience using novel small-molecule therapeutics for new AJN Resources adds to portfolio acquiring 70% indirect interest in May's red-hot jobs report leaves Fed interest rate pause in question, bluebird bio shortseller attack leaves analysts unfazed, Want to get married this year? 19.7% of Oxus Acquisition shares are held by company insiders. All rights reserved. Investors of BrandShield include William Currie Group, Two Shield Investments, New Enterprise Associates, AfterDox and Israel Innovation Authority. ("BrandShield", "The Company") is one of the leading cyber security companies that provides brand oriented digital risk protection. Once an investor buys virtual land, the property is transferred to his or her digital wallet and the purchase becomes encoded on the blockchain which essentially serves as the equivalent of a deed of purchase. BrandShield is a fast-growing provider of cyber solutions, delivering an end-to-end brand oriented digital risk protection solution to its global customer base. BrandShield is a leading cybersecurity company founded in Israel by cybersecurity experts that protect the worlds largest brands and consumers from phishing attacks, online fraud, impersonation, counterfeits and other online threats posed by dangerous cybercriminals. In 2011, we wrote a paper discussing a major problem: We noticed that brands struggle with assigning who's responsible for brand protection to the right department within the organization. Furthermore, this was to be achieved through the acquisition of clients from a variety of sectors through innovative marketing activities. A screen grab of the metaverse, a set of interactive, virtual platforms in which users can buy and develop land. Learn more. Its an honor to be recognized by Frost & Sullivan as a leader in the digital risk protection space, said BrandShield Founder and CEO, Yoav Keren. Its software protects customers from the financial costs and reputational damage caused by an increasing number of online threats including phishing, social phishing, impersonation, and sale of counterfeit goods. Company says agreement is the latest "milestone" in its growing presence in Asia, and will enhance cooperation and knowledge sharing. The company was incorporated in 2021 and is based in Almaty, Kazakhstan.