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Court Dismisses Criminal Charges Against Windscribe Executive, Affirms No-Log Policy

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TORONTO, April 28, 2025 /PRNewswire/ — Dismissal affirms no-logs policy as a valid legal defense, avoiding effect on privacy infrastructure providers worldwide.

Windscribe, a globally used privacy-first VPN service, announced today that its founder, Yegor Sak, has been fully acquitted by a court in Athens, Greece, following a two-year legal battle in which Sak was personally charged in connection with an alleged internet offence by an unknown user of the service.

The case centred around a Windscribe-owned server in Finland that was allegedly used to breach a system in Greece. Greek authorities, in cooperation with INTERPOL, traced the IP address to Windscribe’s infrastructure and, proceeded to initiate criminal proceedings against Sak himself.

“This was not just about me,” said Sak. “It was about drawing a hard legal line around the role of privacy infrastructure providers. As we do not log user activity, we cannot hand over what we do not have.”

The charges against Sak were formally dismissed on April 11, 2025. The court did not find sufficient evidence to implicate Sak or Windscribe in any wrongdoing.

A Case with Global Ramifications

The legal proceedings unfolded against the backdrop of increasing pressure on privacy tech companies worldwide. While most law enforcement agencies issue subpoenas to VPN providers when criminal activity is suspected, Windscribe routinely responds that it is unable to comply due to its strict no-logs policy — a response that is almost always accepted without escalation.

This case, however, deviated sharply from that norm. After subpoenaing the data center provider in Finland, which yielded the account holder’s name — Sak — Greek authorities immediately started criminal proceedings. No information was requested from Windscribe, and the first time the company heard of the issue was after the receipt of the legal summons. 

“This sets a concerning precedent for anyone who owns servers that could be used by others,” said Sak. “If upheld, it could have criminalized infrastructure ownership for actions taken by anonymous users.”

Why Windscribe Won’t Keep Logs

Windscribe believes that the internet should be free of censorship, personal data harvesting, targeted advertising, and geographic restrictions. Adherence to this philosophy is taken very seriously — the company does not pay for any advertisements or promoted content; it’s a key tenet of its ethics and philosophy. 

Sak emphasized that Windscribe remains committed to user privacy and operational transparency.

The case underscored a central challenge for privacy providers: assisting with legal investigations requires collecting user logs — a step that fundamentally compromises the trust and utility of a privacy service. Once stored, these logs can be compelled by courts in jurisdictions where speech itself is criminalized.

About Windscribe

Founded in 2016, Windscribe is a VPN and privacy tools provider trusted by tens of millions of users worldwide to safeguard online privacy and bypass censorship. With a strict no-logs policy, open-source apps, and a record of fighting for user rights in court, Windscribe remains one of the most transparent and principled providers in the privacy tech space.

To learn more, users can visit https://windscribe.com

Media Contact:
hello@windscribe.com

Logo: https://mma.prnewswire.com/media/2674714/Windscribe_Logo.jpg

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SOURCE Windscribe

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Hexagon Interim Report 1 January – 31 March 2026

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April 23, 2026

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STOCKHOLM, April 23, 2026 /PRNewswire/ —

First quarter 2026

Continuing operations

Operating net sales of 963.8 (961.5) resulting in organic growth of 8%Net sales including acquired deferred revenue amounted to 963.6 MEUR (961.5)Adjusted gross earnings of 606.3 (619.1) resulting in a 62.9% (64.4) gross marginAdjusted operating earnings (EBIT1) of 251.3 MEUR (248.7) resulting in a 26.1% (25.9) EBIT1 marginAdjusted earnings per share of 6.7 Euro cent (6.5)Earnings per share of 58.4 Euro cent (5.0)Cash conversion of 77% (60)Recurring revenue of 289.9 MEUR (308.0), 6% organic growthOctave reported operating net sales of 327.2 MEUR (361.3) and adjusted operating margin of 25.2% (26.6)Adjusted earnings per share including discontinued operations of 9.1 (9.4)Earnings per share including discontinued operations of 59.9 Euro cent (7.0)

For further information, please contact:
Tom Hull, Head of Investor Relations, +44 (0) 7442 678 437, ir@hexagon.com
Anton Heikenström, Investor Relations Manager, +46 8 601 26 26, ir@hexagon.com

This is information that Hexagon AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08:00 CET on 23 April 2026.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/hexagon/r/hexagon-interim-report-1-january—31-march-2026,c4338783

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SOURCE Hexagon

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Dragonpass Empowers Financial Institutions with End-to-End Loyalty Solutions at Money20/20 Asia

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14 minutes ago

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April 23, 2026

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BANGKOK, April 23, 2026 /PRNewswire/ — Dragonpass, a leading global travel and lifestyle platform, participated in Money20/20 Asia, showcasing its customer loyalty solutions for banks, payment providers, credit card issuers, and fintech companies across APAC and globally.

As one of the most influential fintech events worldwide, Money20/20 Asia gathers decision-makers across the financial ecosystem. At the event, Dragonpass demonstrated how financial institutions can enhance customer engagement and build long-term loyalty through integrated travel and lifestyle experiences.

Established in 2005, Dragonpass has evolved from a lounge provider into a loyalty solutions partner, serving more than 800 global clients and over 40 million members worldwide.

At the core of Dragonpass is a business structure that combines global supply aggregation, a technology-enabled engagement platform, and consumer-facing lifestyle services — providing a one-stop solution across the customer lifecycle.

Leveraging data-driven insights, Dragonpass enables partners to design and optimise loyalty programs, incorporating customer segmentation and tiered incentive structures, alongside curated campaigns and entitlement configuration — driving more effective customer activation, engagement, and retention.

Its offering includes a broad portfolio of travel and lifestyle benefits such as airport lounge access, fast-track, dining, airport transfers, and lifestyle experiences. These are supported by flexible delivery models, including API integration, white-label solutions, and ready-to-deploy digital platforms, enabling seamless integration into clients’ customer journeys.

As customer expectations evolve, the industry is shifting from standardized benefits to more personalized, experience-led loyalty models. Insights from Dragonpass’s Loyalty Index show that customers increasingly value trust, rewards, simplicity, recognition, and exclusivity, with preferences varying across markets.

“Financial institutions today are looking for more effective ways to engage customers beyond traditional rewards,” said Jane Zhu, Co-founder and CEO of Dragonpass. “User engagement is at the core of loyalty, and technology — especially AI — plays a key role in enabling deeper and more relevant customer connections.”

Dragonpass works with leading global brands including Mastercard, Visa, HSBC, and Revolut, supporting them deliver differentiated value propositions and enhance customer engagement through scalable, customizable solutions.

Through its participation at Money20/20 Asia, Dragonpass aims to strengthen its presence in the APAC market and build strategic partnerships with organizations seeking to elevate their customer engagement strategies.

About Dragonpass

Dragonpass is a global travel and lifestyle platform providing premium airport and travel experiences across 140+ countries. By integrating global supply and technology, Dragonpass enables partners to deliver seamless, personalized experiences and drive customer loyalty.

Media Contact

Dragonpass PR
Email: brandmarketing@dragonpass.com
Website: www.dragonpass.com

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SOURCE Dragonpass

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SBI Life Insurance registers New Business Premium of ₹42,551 crores for the year ended on 31st March, 2026

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14 minutes ago

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April 23, 2026

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MUMBAI, India, April 23, 2026 /PRNewswire/ — SBI Life Insurance, one of the leading life insurers in the country registered a New Business Premium of ₹42,551 crores for the year ended on 31st March, 2026 vis-a-vis ₹35,577 crores for the year ended 31st March, 2025. Single premium has increased by 28% over the year ended on 31st March, 2025.

Establishing a clear focus on protection, SBI Life’s protection new business premium stood at ₹4,622 crores for the year ended 31st March, 2026, marking a growth of 13%. Protection Individual new business premium registered a growth of 23% and stood at ₹973 crores for the year ended 31st March, 2026. Individual New Business Premium stands at ₹29,783 crores with 13% growth over the year ended on 31st March, 2025.

SBI Life’s profit after tax stands at ₹2,470 crores for the year ended 31st March, 2026 with a growth of 2% over the year ended on 31st March, 2025.

The company’s solvency ratio continues to remain robust at 1.90 as on 31st March, 2026 as against the regulatory requirement of 1.50.

SBI Life’s AUM also continued to grow at 9% to ₹4,87,163 crores as on 31st March, 2026 from ₹4,48,039 crores as on 31st March, 2025, with the debt-equity mix of 62:38. 94% of the debt investments are in AAA and Sovereign instruments.

The company has a diversified distribution network of 3,58,506 trained insurance professionals and wide presence with 1,230 offices across the country, comprising of strong bancassurance channel, agency channel and others comprising of corporate agents, brokers, Point of Sale Persons (POS), insurance marketing firms, web aggregators and direct business.

Performance for the year ended March 31, 2026

Private Market leadership in Individual New Business Premium and Individual Rated Premium with market share of 25.5% & 22.9% respectively.Annualized Premium Equivalent (APE) stands at ₹ 24,266 crores with growth of 13%Individual New Business Sum Assured stands at ₹ 4,46,337 crores with 61% growthImprovement in 13M & 49M persistency by 53 bps & 107 bps respectivelyValue of New Business (VoNB) stands at ₹ 6,667 crores with growth of 12%VoNB Margin stands at 27.5%Indian Embedded value (IEV) stands at ₹ 80,791 crores with 15% growthProfit After Tax (PAT) stands at ₹ 2,470 crores with 2% growthOperating Return on Embedded Value stands at 19.7% Assets under Management stands at ₹ 4,87,163 crores with 9% growthRobust Solvency ratio of 1.90

Logo: https://mma.prnewswire.com/media/2672544/SBI_Life_25_Years_Logo.jpg

 

View original content:https://www.prnewswire.com/in/news-releases/sbi-life-insurance-registers-new-business-premium-of-42-551-crores-for-the-year-ended-on-31st-march-2026–302751447.html

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