StrikeForce Cautions Companies & Government Agencies: Data Breaches Will Continue Unless You Deploy a Dual Pronged Protection Approach

StrikeForce Is the Only Company Capable of Providing This Solution Set


EDISON, NJ--(Marketwire - Jun 2, 2011) - StrikeForce Technologies (OTCQB: SFOR) (PINKSHEETS: SFOR), a provider of innovative software solution-sets for the prevention of online Identity Theft and Data Breaches for corporations, governments and consumers utilizing its patented and patent-pending protection products, today raised the volume on its pronouncements to business and government that the vociferousness of online attacks has recently taken a leap up to the next level in terms of sophistication and breadth of reach. This heightened threat environment demands a new awareness, and the utilization of new techniques and protocols to safeguard oneself. StrikeForce has rolled out its Anti-Breach Solution which combines its patented two-factor authentication technology software, ProtectID®, with its anti-keylogging keystroke encryption software, GuardedID®, creating a new standard for breach prevention. StrikeForce Technologies' combination of patent and patent-pending products leaves it as the only company capable of providing this set of solutions to meet the needs of this new Advanced Persistent Threat Vector.

"Recent breaches clearly demonstrate that cyber attacks have moved to a new level of sophistication. They are highly targeted to specific company employees and business groups," said StrikeForce's CEO, Mark Kay, "and they use a combination of attack vectors, such as email, social networks, the poisoning of popular websites with malware, and other pernicious tactics."

The company notes the almost daily frequency with which corporations and government agencies are being hacked, and records and information worth billions of dollars are moving into the hands of bad-actors.

"Not only does this cause loss of money from bank accounts and fraudulent credit card transactions, but it can be argued that the larger crime is the loss of valuable R&D investment from stolen intellectual property that causes value to disappear, as competitors gain an overnight advantage from these stolen business secrets," continued Mr. Kay. "Corporate, Mafia and government espionage may represent the single largest illegal transfer of wealth to date. The days of waiting for a big breach to happen in one's industry before taking action are over. CEOs and CIOs are being irresponsible to their shareholders, and government workers are letting down the citizenry if they don't take immediate and decisive action to bolster their online defenses."

StrikeForce points out that these new attacks are combining client-side keylogging with server side password hacking resulting in an Advanced Persistent Threat to steal valuable corporate and consumer data.

In a further blow to the accepted security protocol infrastructure to date, the security environment has recently been further shaken by the RSA breach which has compromised the security of hundreds of thousands of businesses and government agencies around the world that continues to grow in problems. (RSAs security protocol had become the de facto security system for many of the world's largest corporations and government agencies).

As an example, the recent Lockheed Martin -- largest government defense contractor -- breach was stated by experts to be based on keylogging malware which together with compromised RSA credentials, successfully gained access to the defense contractors internal network and caused havoc and the temporary shutdown of all their employees remote access (based on the article from TechWorld titled, "Lockheed Martin experiencing major internal network problems").

In response to this emerging category of threats, StrikeForce has rolled out an Anti-Breach Solution which combines its patented two-factor authentication technology software, ProtectID®, with its anti-keylogging keystroke encryption software, GuardedID®, creating a new standard for breach prevention. This real-time solution includes the following:

  • Two-Factor Authentication
  • 'Out-of-Band' Transaction Verification
  • Login & Credential Encryption
  • Desktop Applications and Browser Encryption
  • Anti-Screen Scraping
  • Clickjack Warning
  • Kernel Level OS Monitoring and Much More

"These are the features that have caused major financial services and international banking clients, one of the country's largest internet service providers and one of the world's largest software security companies to use our products. The fact that we are the only company able to offer this combination of products and services also speaks to why in light of recent attacks; we are in conversation with many of the well known entities in the news. They need the technology that we own and the services we can provide," said Mr. Kay, "and we are setting up trials and test protocols at a faster pace than at any time in our history. We believe we represent a great value, right now, and expect to deliver strong results to our shareholders."

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

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 detailed in reports filed by the Company.

Contact Information:

StrikeForce Technologies' Contact
Bryan Crane
BlueWater Advisory Group, LLC
805-294-3723
Bcrane@BWAdvisory.com