StrikeForce Technologies Is Awarded Its Third Patent for Its Out-of-Band Authentication Technology

Patent Includes Important Mobile Claims, Mobile Biometrics and Utilizing Mobile Device's Multiple Channels to Authenticate the End User

Marketwired

EDISON, NJ--(Marketwired - May 13, 2014) - StrikeForce Technologies, Inc. (OTCQB: SFOR), a company that specializes in Cyber Security for the prevention of Identity Theft and Data Breaches, announced today that it has been granted its third patent for "Multi-Channel Device Utilizing A Centralized Out-of-Band Authentication System" from the United States Patent Office (Patent No. 8,713,701).

"Being awarded this third patent and with one pending for Out-of-Band Authentication is a big win with great timing for StrikeForce," said Mark L. Kay, CEO. "The mobile claims covering mobile authentication applications further strengthens our sales position, while Cyber Security has become the #1 security issue for banks, health care providers, law firms, insurance companies and many others; as well as in our continuing efforts to enforce our patents through licensing and litigation against potential infringers such as Phone Factor and First Midwest Bancorp for starters." 

According to research firm IDC, employee-owned smart phones accounted for more than 50% of business smart phones sold in 2013. According to Forrester's 2013 Mobile Workforce Adoption Trends report published February 4th, 2013, "BYOD includes the 258 million global information workers who chose their own laptop and also the 129 million workers who paid for a smartphone for work."

"We are very excited about this extensive market opportunity that our ProtectID® Out-of-Band Multi-Factor Authentication product provides for mobile devices. ProtectID is perfectly positioned at the intersection of the hottest three trends, Mobility (e.g. iPhone, BlackBerry and Android devices), Cloud Computing (e.g. Google & Salesforce) and the Steep Rise of Security Threats (Man in the Middle Attacks, etc.) as shown with some of our new clients and distributors," says Kay. Our Patented ProtectID Out-of-Band Mobile Authentication Technology can be used for the following:

  • Secures access to Social Networking websites i.e. Facebook, Twitter, YouTube, etc.
  • Protects online banking access
  • Protects online healthcare access by all, now required
  • Protects Remote Access for employees, meets 2-Factor Authentication compliance
  • Government -- Protects critical infrastructure and citizens against cyber attacks
     

About StrikeForce:
StrikeForce Technologies helps to prevent cyber security online. Its products help protect consumers and their families while banking and shopping online, and businesses in "real time" against data loss and breaches. StrikeForce Technologies, Inc. (OTCQB: SFOR) 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.

Contact:
StrikeForce Technologies' IR Contact
Mark L. Kay
CEO
(732) 661-9641
marklkay@strikeforcetech.com

StrikeForce Public Relations
George Waller
(732) 661-9641
gwaller@strikeforcetech.com
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