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StrikeForce Makes Multifactor Authentication & Keystroke Encryption Available to Cloud VendorsClouds Battle to Prove Security (June 19, 2012)
EDISON, NJ -- (Marketwire) -- 06/19/12 -- StrikeForce Technologies, Inc. (OTCBB: SFOR), creators of two factor out-of-band authentication and anti-keylogging keystroke encryption, today announced a solution designed to improve the security of private and public clouds. StrikeForce cloud solution is already being used by millions through an OEM pilot program with a few major providers.
"Cloud systems that rely on a single password for user authentication put their customers at risk. Without providing at least one other form of out-of-band authentication, it's not a matter of if hackers will get in--it's a matter of when," said Linda Musthaler, principal analyst with Essential Solutions Corp. "Cloud security is a key criterion in the decision making process, so vendors that can show a higher level of protection will have an enormous advantage."
"It's easy to be critical of cloud security when you see read stories about breaches nearly every day," said George Waller, EVP of StrikeForce. "Today's hackers are too savvy to be stopped by antivirus and security appliances. They just aren't enough. But adding more solutions is increasing the complexity, but doing little to improve the actual security."
StrikeForce has been working on the problem for more than ten years and has developed and patented two technologies that, when combined, provide a higher level of security than anything on the market. "We have been speaking with savvy cloud providers to showcase how combining out-of-band authentication with keystroke encryption can make their cloud more secure than any others, including household names with very deep pockets," added Waller. "Cloud vendors owe themselves a look; otherwise they are doing a major disservice to their customers."
StrikeForce Technologies (OTCBB: SFOR) is the creator and key patent holder for two factor out-of-band authentication as well as an anti-keylogging keystroke encryption technology (patent pending). The companies GuardedID anti-keylogging keystroke encryption technology prevents keylogger malware from stealing personal, business, financial information and passwords. Their software protects over four million individuals and businesses in over 100 countries from identity theft and data breaches. StrikeForce's ProtectID out-of-band authentication technology is the only platform to offer eight different out of band methods, including phone, voice, instant messaging, hard tokens, and desktop/mobile tokens. ProtectID can be installed and managed 100% on premise, or, via StrikeForce's hosted service offering. StrikeForce is headquartered in Edison, N.J., and can be reached at www.strikeforcetech.com or by phone at (732) 661-9641 or toll-free at (866) 787-4542.
Safe Harbor Statement
Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the sales of the company's identity protection software products into various channels and market sectors, the issuance of the company's pending patent application, and the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors.
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