SOURCE: Strikeforce Technologies, Inc.

StrikeForce Technologies

January 10, 2011 07:45 ET

National Bank of Kuwait Deploys StrikeForce's GuardedID Keystroke Encryption Software to Protect Against Data Breaches

EDISON, NJ--(Marketwire - January 10, 2011) - StrikeForce Technologies, Inc. (OTCBB: SFOR), a company that specializes in the prevention of Identity Theft & Data Breaches, announced today that the National Bank of Kuwait has purchased and is deploying StrikeForce's GuardedID® Keystroke Encryption Software to protect the Bank's confidential information from spyware & keyloggers.

"When it comes to data breaches, the question is not 'if' you will become a target but 'when,'" says Mark L. Kay, CEO of StrikeForce. "Data breaches continue to hit organizations of all types and sizes by surprise, and responding to data compromises comes with regulatory requirements at a staggering price. A 2009 survey conducted by Ponemon Institute shows that organizations spend on average $6.6 million per data breach, not to mention the loss of customer loyalty and brand degradation."

"Keylogging attacks are skyrocketing, the keylogger is one of the favorite tools of the cyber-thief; they are extremely stealthy and designed to avoid detection by Anti-Virus software," says Kay. "Once a keylogger gets on your computer, it is designed to steal everything you type on the keyboard (e.g. usernames, passwords, personal data and customer, corporate and financial confidential information). Our GuardedID keystroke encryption software mitigates that risk by encrypting every keystroke all the time whether working online or offline. Thereby, even if your computer is infected with this type of malware, and there is a good chance it is, you are still protected."

About StrikeForce:
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 Technologies, Inc. (OTCBB: 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.

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