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Replies to post #119715 on Zerify Inc (ZRFY)
“In just a few short months, Mike Lazenby, CEO of the CDISGroup and his team of security experts have implemented StrikeForce's patented ProtectID[R] Multi-Factor Out-of-Band Authentication and our GuardedID[R] Anti-Keylogging Keystroke Encryption products into many new and existing CDIS customers,” continues Kay, “multiple banks are now deploying GuardedID's Anti-Keylogger as part of a larger security bundle to protect the Banks customers. One of the world's largest Shopping Retailers is testing GuardedID for internal usage, with potential deployment to its client base of up to seven million users, and one of the most well-known Mortgage Lending institutions has commenced deploying it to protect their internal network from ambitious hackers.”
“Of all the Cyber Security solutions available to protect UK's businesses, Government Agencies, corporations and consumers, StrikeForce's products set-the-bar for Cyber Security solutions,” says Mike Lazenby, CEO of CDISGroup. “Their ProtectID[R] Multi-Factor Out-of-Band Authentication platform enables us to offer the most robust & secure authentication technology on the market. ProtectID was designed to enable CDIS to offer both a Cloud Authentication Service as well as On-Premise. StrikeForce's GuardedID[R] Anti-Keylogging Keystroke Encryption technology is in a league of its own, proactively encrypting each and every keystroke typed on a keyboard, that's genius! Being able to offer both, the industry's leading Out-of-Band Authentication platform along with the industry's leading anti-keylogging solution is a no brainer. If organizations had been using both of StrikeForce's two technologies to protect their networks, employees and customers over the last several years, almost every data breach could have been prevented. We are very excited to introduce these technologies to all of our existing and new potential customers.”
For the more targeted attacks, the trend toward using two-factor authentication to protect against fraud will likely gain more traction among banks. For the smaller malware attacks, Mark Kay, CEO and chairman of mobile security firm StrikeForce Technologies, who also worked as a CIO at JPMorgan Chase for 20 years, says dual authentication and encrypting keystrokes to protect online activity from malware that's already been installed on a computer are two ways to mitigate external attacks in specific workstations, coordinated attacks on a number of devices or internal attacks. He also says the pressure is coming from more than just politically motivated hackers, and includes more traditional regulatory bodies. "The FFIEC and HIPAA[healthcare regs] are all moving toward greater authentication requirements. Tokens are not as secure as out of band authentication," says Kay, adding his firm has closed a deal to protect a major student loan originator and a Wall Street firm. Other firms in the authentication space include Microsoft, which recently acquired PhoneFactor; and Authentify.
SolidPay uses the system to supplement software it developed in-house to determine the likelihood that a prospective customer is actually a con artist. If SolidPay's software is uncertain, the consumer is quizzed by the StrikeForce system.
Identity Guard of course has been singing this tune all along. While Lifelock probably has more brand recognition, Identity Guard from Intersections Inc. has been successfully fighting identity theft for more than 18 years and for some of the biggest names in financial services.
