Friday, May 6, 2011

The ProActive Answer to Identity Theft

The ProActive Answer to Identity TheftDallas, TX 5/6/2011 (PennyPayDay) -- Data that begins to flesh out how extensive and pervasive the identity theft problem is that was expanded upon by Mark L. Kay, CEO of StrikeForce Technologies (PINK:SFOR), at the SIFMA Conference Center back in April included:

Forrester predicts about 34 million employees will work from their residence occasionally in 2011 and 68 million by 2016, up from 2 million in 2009.

Federal Government increased its budget for Cyber solutions 10 fold, from approximately $1.7 billion in 2007 to $17 billion in 2008.

Sixty million malware programs are written annually now; up from 3 million in 2007, McAfee president Dave DeWalt told a conference that included government information technology specialists. Keyloggers installed unwillingly are the major cause (Nextgov 4/20/11).

Epsilon, RSA and Hartford data breaches, and April's bank heists all had "keylogger" trojan horse malware utilized as part of the hacks.

"We're not going to alter the trend of increasingly mobile employees," said Mark Kay, StrikeForce's CEO. "But by securing the laptops and other devices by which 'road warriors' access company networks, we can make it much more difficult for keylogging hacks to be successful. Our suite of security software, like GuardedID is designed to encrypt keystrokes and make them invisible even if spyware is installed on a laptop or workstation. We create a secure IT operation to deny those who would otherwise use the information to glean log-in identities and their respective passwords."

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