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The Cantech Letter Security Section is brought to you by Patriot One Technologies (TSXV:PAT). Patriot One aims to address the spread of active violence through superior detection technology that instantly identifies concealed weapons, even on moving targets. Click on the logo above for more info.

OpenText may benefit from new data privacy rules: Industrial Alliance

April 13, 2018 By Nick Waddell Leave a Comment

OpenText may benefit from new data privacy rules: Industrial Alliance

The introduction of new data privacy rules may be a positive for OpenText (TSX:OTC, Nasdaq:OTEX), says Industrial Alliance Securities analyst Blair Abernethy. On May 25, the General Data Protection Regulation (GDPR) will come into effect across Europe. The GDPR, which was adopted in 2016, will replace the 1995 Data Protection Directive, and aims to give […]

Filed Under: Opinion, Security Tagged With: OTC

Cloud security company Nubeva Technologies is a Buy, Echelon Wealth says

April 12, 2018 By Jayson MacLean Leave a Comment

Cloud security company Nubeva Technologies is a Buy, Echelon Wealth says

Newly listed cloud security company Nubeva Technologies (TSXV:NBVA) has a scalable model that should be able to penetrate the increasingly lucrative cybersecurity market, says analyst Ralph Garcea of Echelon Wealth Partners, who on Thursday initiated coverage on Nubeva with a “Speculative Buy” rating and C$4.00 target price (all figures in US dollars unless noted otherwise). […]

Filed Under: Opinion, Security Tagged With: nbva

Nanotech Security has turned a corner, Haywood Securities says

April 10, 2018 By Jayson MacLean Leave a Comment

Nanotech Security has turned a corner, Haywood Securities says

Nanotech Security Corp. (TSXV:NTS) is turning a corner in its development from an R&D-focused company into a profitable player in the lucrative anti-counterfeiting market. That’s the conclusion from analyst Pardeep Sangha of Haywood Securities. On Monday, the analyst maintained his “Buy” recommendation and $2.00 target price for NTS. A Quebec-based producer of nano-optic materials used […]

Filed Under: Opinion, Security Tagged With: nts

Nanotech Security has 87.5% upside, Haywood says

February 16, 2018 By Nick Waddell Leave a Comment

Nanotech Security has 87.5% upside, Haywood says

Ahead of the company’s first quarter results, Haywood analyst Pardeep Sangha is maintaining his bullish stance on Nanotech Security Corp. (TSXV:NTS). On February 22, after market close, Nanotech Security will report its Q1, 2018 results. Sangha expects this will be the third quarter in a row of positive Adjusted EBITDA for NTS, and the analyst […]

Filed Under: Opinion, Security Tagged With: nts

Avigilon could see another bidder top Motorola’s offer: Haywood

February 2, 2018 By Nick Waddell Leave a Comment

Avigilon could see another bidder top Motorola’s offer: Haywood

Not so fast. That’s the take from Haywood Securities analyst Pardeep Sangha, who says the deal Motorola has made to buy Vancouver-based security player Avigilon (TSX:AVO) is too low. As a result, the analyst thinks another bidder could emerge. On Thursday, Motorola Solutions announced that it had entered into a definitive agreement to acquire Avigilon […]

Filed Under: Opinion, Security Tagged With: avo

Toronto startup Cybeats raises capital with iNovia to create “immune system” for IoT devices

January 15, 2018 By Jayson MacLean Leave a Comment

Toronto startup Cybeats raises capital with iNovia to create “immune system” for IoT devices

In the ongoing war between hackers and those charged with defending our ever-more connected devices and systems, artificial intelligence is fast becoming the new battleground. Cybercrime in Canada is costing businesses a reported three to five billion dollars a year, including infrastructure damage and ransom paid to cybercriminals. And while security experts say that more […]

Filed Under: Security

Nanotech Security Corp. is a buy, Haywood says

December 18, 2017 By Nick Waddell Leave a Comment

Nanotech Security Corp. is a buy, Haywood says

Ahead of the company’s fourth quarter results, Haywood analyst Pardeep Sangha thinks investors should be looking at Nanotech Security (TSXV:NTS). On Thursday, Nanotech will report its fourth quarter and fiscal 2017 results. Sangha thinks the company will generate EBITDA of $500,000 on revenue of $3.2-million, a topline that would be up 113.3 per cent over […]

Filed Under: Security

Does Apple’s local differential privacy step over the line?

November 5, 2017 By Jayson MacLean Leave a Comment

Does Apple’s local differential privacy step over the line?

All in the name of improving the user experience, the company claims, Apple will be extracting information from people’s iPhones without, they say, breaching users’ privacy. Called local differential privacy, the process involves collecting data from individual phones and then stripping it of IP addresses and device identifiers before making it available for analysis. Apple […]

Filed Under: Security

Your privacy can be bought for $1,000 thanks to mobile advertising, security researchers say

October 18, 2017 By Jayson MacLean Leave a Comment

Your privacy can be bought for $1,000 thanks to mobile advertising, security researchers say

Your phone is an incredibly powerful tool — not just in your hands, though, as practically anyone can use the same channels that advertisers use to place localized ads to also figure out not only where you are at any given time but also what you’re sites and apps you’re using, all for as little […]

Filed Under: Security

In wake of WannaCry attack, Vancouver’s Subscribe Technologies launches SaaS security offering

June 5, 2017 By Nick Waddell Leave a Comment

In wake of WannaCry attack, Vancouver’s Subscribe Technologies launches SaaS security offering

In the wake of what one security expert called “the first true cyber catastrophe event“, the WannaCry ransomeware attack, Vancouver-based Subscribe Technologies (CSE:SAAS) today launched a new security service it says can help IT pros protect against a range of web troubles and trials. Subscribe Technologies today released SiteSafe.io, a security service the company says […]

Filed Under: Security, Software

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