EDISON, NJ -- (Marketwire) -- 12/13/12 -- StrikeForce Technologies, Inc. (OTCBB: SFOR), is pleased to announce our new comprehensive Anti-Breach Cyber Security bundle. The Cyber Security bundle will proactively protect corporations from the top three most exploited vulnerabilities: remote network access, desktop data leakage & mobile devices.
A recent Symantec Threat Report revealed that in 2011 there were 403 million unique malware variants found. "That equates to 1.1 million new pieces of malware, each and every day," says Mark L. Kay, CEO of StrikeForce. "To make matters worse, the majority of businesses today still use single-factor authentication (username and password) for network access and still rely on Anti-Virus software to protect their desktops, and now, they're allowing their employees to utilize their own personal mobile devices on the corporate network. It's no wonder why there is a great increase in data breaches."
The good news is that help has arrived. StrikeForce's new Anti-Breach cyber security bundle mitigates the risk of breaches in each and every one of the exploitable areas. Our Anti-Breach bundle was developed utilizing our best-of-breed products. It contains our patented ProtectID® Out-of-Band Authentication Platform, our patent pending GuardedID® Anti-Keylogging Keystroke Encryption Technology, along with our newest product offering, MobileTrust, which is our comprehensive encryption security suite for Apple and Android mobile phones and tablets.
The market has recently proven that our products are perfectly positioned. With the increase of Identity theft and the focus on regulatory compliance the StrikeForce products have become critical solutions, such as our patented ProtectID Out-of-Band Authentication Platform which is currently being licensed to Fortune 500 financial firms, government agencies, healthcare institutions, universities, major cable companies, large manufacturers and many others. Our GuardedID Anti-Keylogging keystroke encryption software is currently protecting over 5 million users in over 100 countries and we average more than 5000 new downloads each and every day. MobileTrust, our new mobile offering, includes important security features which protect user credentials, passwords, online transactions and access to corporate networks. MobileTrust includes a password vault; strong password generator, OATH compliant soft tokens, an encrypted database and the first ever keystroke encryption technology for the mobile device market.
Cyber-attacks, usually ending in data breaches have become common occurrences. The companies in the 2012 Cyber Crime Study by the Ponemon Institute and sponsored by HP Enterprise Security, reference 102 successful attacks per week and 1.8 successful attacks per company per week. This represents an increase of 42 percent from last year's successful attack experience. Last year's study reported 72 successful attacks on average per week averaging annualized cost for 56 organizations in this study at $8.9 million per year, with a range of $1.4 million to $46 million. StrikeForce's products would have most probably prevented these breaches from occuring.
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 company's 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.