Alarum Technologies Ltd. (NASDAQ: ALAR)

This investigation is for anyone who acquired securities in Alarum Technologies Ltd. (NASDAQ: ALAR) from March 29, 2022 through July 2, 2026.

The Law Offices of Howard G. Smith believes that the Company and certain of its executives violated federal law. Specifically, the Law Offices of Howard G. Smith believes that, throughout the time period mentioned above, the Company misled investors regarding its financial condition. More specifically, the Law Offices of Howard G. Smith believes that the Company misled investors by failing to disclose to investors that the Company’s NetNut business was operating in connection with the Popa botnet which compromised devices with malicious software, thereby both artificially inflating the Company’s revenue and subjecting the Company to legal consequences.

On July 2, 2026, at approximately 2:00 p.m. Eastern, Reuters reported Google had “disabled accounts and services used in NetNut,” Alarum’s subsidiary, alleging NetNut was connected to the dangerous botnet Popa, and was being  “used to conceal and route malicious online traffic.” Google reportedly had  “shared technical intelligence on the group’s infrastructure with law enforcement and industry ⁠partners to support broader enforcement efforts.” On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume. Then, on July 2, 2026, after the market closed, Bloomberg News reported the “FBI seized multiple internet domains as part of a ‘coordinated law enforcement targeting infrastructure associated with NetNut’s residential proxy platforms, its administrators and its users.’” Bloomberg News revealed the FBI investigation has been ongoing “for more than a year.” The Bloomberg report explained that, while some device owners willingly install proxy services, “[i]n other instances, devices are enrolled into residential proxy networks without their owners’ knowledge,” and “users may not even notice the uninvited proxy internet squatters until the police come to their door investigating cybercrime coming from the home.” On this news, the price of the Company’s stock again dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Alarum Technologies Ltd. (NASDAQ: ALAR) from March 29, 2022 through July 2, 2026 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.