StrikeForce Technologies (PINK:SFOR), a company that specializes in the prevention of Identity Theft & Data Breaches, announced today, in a press release, that its Cloud Authentication Service (CAS) is delivering affordable two-factor "Out-of-Band" authentication to organizations of all sizes. Its Cloud partners and clients include Oracle, Bellarmine University, one of the World's Largest Financial Services Companies, Free Lakota Bank, TriCiphers' MyOneLogin and an online Document Management company for starters. Shares of StrikeForce closed yesterday at $0.024 per share and average just under 1.5 million shares traded per day. The company has a market cap of $1.5 million and a 52-week range between $0.01 and $0.14 per share."We are very pleased to make this game changing announcement as security regulations get more specific in regards to authentication," says Mark L. Kay, CEO of StrikeForce. "We actually launched our Cloud authentication service almost eight years ago with Panasonic Corporation, long before Cloud and SaaS services were accepted and in high demand."
"Our Cloud Authentication Service is State-of-the-Art. It's powered by our award winning and patented ProtectID 'Out-of-Band' Multi-Factor Authentication Product, which supports up to twelve different methods of authentication. ProtectID has a self-provisioning & password reset module and it's hosted in a scalable, fully redundant and certified SAS70 hosting facility," continues Kay.
"Being able to offer highly secure and affordable two-factor 'Out-of-Band' authentication to the masses has been part of our mission statement since we started the company ten years ago," says Kay. "Currently, we offer customers a choice of business models ranging from a flat-fee per user to just about any size transaction bucket, to a hybrid of both. With compliances and regulations now calling for two-factor authentication, just about any type of organization (below), regardless of size can take advantage of the savings that our service offers, and can be up and running within a week."
* Banking & Financial Services
* Government Agencies
* Healthcare Providers
* Education
* Telecom Providers
* Social Networking Websites
* Google Apps & Salesforce.com users
* Security & Authentication Vendors
* SMBs
StrikeForce Technologies helps to prevent identity theft 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 is headquartered in Edison, N.J., and can be reached at www.strikeforcetech.com.
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