EDISON, NJ--(Marketwire -06/27/12)- StrikeForce Technologies, Inc. (SFOR), creators of two factor out-of-band authentication and anti-keylogging keystroke encryption, is calling for the business and technology world to wake up.
Week after week of reported security breaches, in our opinion, have not gotten businesses to reevaluate the methods they use to prevent these now routine occurrences. The latest example was illustrated by a team of scientists that produced a research report explaining how they extracted a key from an RSA token in just thirteen minutes, as published by the New York Times on June 26, 2012.
Just a few days ago another troubling report was published by the University of Alabama-Birmingham showing that the leading anti-virus vendors were only able to prevent 25% of the password stealing and remote control Trojan malware in their sample. How on earth has this become acceptable? The malware that has become particularly troublesome are the keyloggers. Keyloggers that track each keystroke made on your keyboard have become, we believe, the favorite tool used by hackers. According to the recent 2012 Verizon Data Breach Report, keyloggers were identified as the number one threat. Anti-Virus vendors all claim to prevent keyloggers. What they don't tell you is that they only prevent "known" and catalogued keyloggers, not the hundreds of thousands that have yet to be detected or thousands that are created every day.
"We believe that the big security vendors have been pushing the same technology for over 25 years," said George Waller, EVP of StrikeForce. "Yet every day and through our management's research, we found these technologies to be proven to be ineffective and easily breached. If you're in charge of security at your company and you're using anti-virus and tokens and you think you're safe, this should be your wake-up call."
"This week's reports should trigger every business owner and IT security executive to immediately re-evaluate their authentication and anti-keylogging strategy," says Waller.
StrikeForce's ProtectID® out-of-band authentication product enables organizations to leverage devices that people already own like mobile phones, making the total cost of ownership far less expensive and more secure than implementing tokens. StrikeForce's GuardedID® Anti-Keylogging Keystroke Encryption solution prevents undetected keyloggers from stealing user credentials and corporate data by encrypting each and every keystroke in real-time.
"Coverage of breaches is commonplace, but our management has found the discussion of solutions is non-existent from the big token and anti-virus vendors," added Waller. "We believe security vendors are asking you to buy an old technology that probably gets breached on a daily basis. We know what their technologies can do. If you get breached, and, based on the reports cited, we agree you most likely will, it's your own responsibility if you do not enhance your security. Keystroke encryption and out-of-band authentication are far more effective tools. Your wake-up call should include enhancing your protection with StrikeForce's ProtectID and StrikeForce's GuardedID Anti-Keylogging Keystroke Encryption solution."
StrikeForce Technologies (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.
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