Exhibit 8.1
List of Subsidiaries
| Company Name | Jurisdiction of Incorporation | |
| Safe-T Data A.R Ltd. | Israel | |
| NetNut Ltd. | Israel | |
| Safe-T USA Inc. | Delaware | |
| NetNut Networks LLC | Illinois | |
| CyberKick Ltd. | Israel | |
| Spell Me Ltd. | Seychelles | |
| iShield Inc. | Delaware | |
| RoboVPN Inc. | Delaware |