Intelligent Protection Management Corp. Enhances Enterprise Cybersecurity with Aura's Personal Identity Theft Protection

Intelligent Protection Management Corp. (IPM) has partnered with Aura to provide comprehensive personal identity theft protection products to its enterprise IT infrastructure and cybersecurity tools. The move aims to bridge the gap between personal devices and business cybersecurity tools, enhancing IPM's managed enterprise security solution. Aura's product offers advanced antivirus protection, scam and fraud protection, child safety alerts, and identity theft protection, among other features. The partnership is expected to provide robust protection against online crime for over 17,000 consumers.

Intelligent Protection Management Corp. (IPM) has announced a strategic partnership with Aura, a leading AI-powered online safety solution provider. This collaboration aims to bolster IPM's enterprise security offerings by integrating Aura's comprehensive personal identity theft protection products into its managed IT infrastructure and cybersecurity tools [1].

The partnership addresses a critical market need, as the Federal Trade Commission (FTC) reported over $12 billion in identity theft and fraud losses in 2024, marking a 23% increase from 2023 [1]. Aura's solution includes advanced antivirus protection, scam and fraud protection, child safety alerts, and identity theft protection, among other features.

The integration is expected to provide robust protection against online crime for over 17,000 consumers, enhancing IPM's managed enterprise security solution. This move comes as IPM continues to refocus its business on technology service offerings in the cloud infrastructure and cybersecurity sectors [2].

IPM's financial performance in 2024 saw a significant increase in revenue, reaching $1.10 million, up 14.16% from the previous year [2]. Despite the increase in revenue, the company still reported a substantial loss of -$8.43 million, which was 689.5% more than in 2023 [2]. Analysts have given IPM a "Strong Buy" rating, with a 12-month stock price forecast of $6.0 [2].

The partnership with Aura is part of IPM's broader strategy to expand its service offerings and enhance its competitive position in the technology solutions market. This move is expected to further solidify IPM's position as a key player in the cybersecurity and cloud infrastructure sectors.

References:
[1] https://www.stocktitan.net/news/IPM/intelligent-protection-management-corp-adds-aura-s-comprehensive-4vo4vv81h7ni.html
[2] https://stockanalysis.com/stocks/ipm/