InvestorsHub Logo
Followers 32
Posts 2787
Boards Moderated 0
Alias Born 09/02/2008

Re: None

Thursday, 03/23/2017 7:55:21 AM

Thursday, March 23, 2017 7:55:21 AM

Post# of 235079
From today's InsiderFinancial article, confirmation of licensing fee from Microsoft!!!

One of these patents covers out of band authentication. Anyone familiar with the space will know that OOBA is huge right now, and that it’s used in the consumer facing technology of some of tech and finance’s biggest names. It’s the two factor authentication tool you use when you log into online banking, or your email account, all those sorts of things.

Strikeforce took Microsoft to court back in 2015 for the computer giant’s infringement on its OOBA patents, three patents with nos. 7,870,599, 8,484,698 & 8,713,701, and early last year announced that the company had picked up a $9 million settlement as well as a licensing fee (undisclosed) for continued use of the patents in question.

SFOR STRONG!!! GO SFOR!!!