Warp 9 Announces Cyber Security Solutions for E-Commerce

Company Develops Security Solutions to Help Online Sellers Protect Against Cyber Attacks While Keeping Company and Customer Data Safe and Secure


SANTA BARBARA, CA--(Marketwired - Jan 7, 2015) - Warp 9, Inc. (OTCQB: WNYN), a leading provider of mobile and digital commerce solutions for midsize online sellers, today announced a new line of cyber security solutions to help its customers safeguard sensitive company and customer data against cyber attacks on the heels of high-profile breaches of companies like Sony, Home Depot, and T.J. Maxx.

"The recent Sony cyber attack is a watershed moment for all businesses that depend on Internet connected computers," said Andrew Van Noy, Warp 9's CEO. "Online sellers that process customer orders and have access to customer payment information and other sensitive personal data are rich targets for hackers. We can no longer ignore the threats posed by these cyber criminals."

To help combat against such threats, the company has launched Warp 9 Cyber Security Solutions for users of the popular Magento e-commerce platform, which is owned by eBay. Magento's market share among the 30 most popular e-commerce platforms is about 30%. Warp 9 intends to further develop its Cyber Security Solutions to be platform agnostic and make it available for 100% of the 30 most popular e-commerce platforms.

Of particular concern is backend entry into a business' online servers. Hackers often break in by stealing or cracking the user names and passwords of network administrators. To protect against such attacks, Warp 9 Cyber Security Solutions includes:

  • Two-factor authentication
  • Advanced connection sniffing
  • Key logging detection
  • Activity tracking

Mr. Van Noy added, "Right now the cyber attackers are winning the war. Just look at their record. In addition to the recent Sony attack, we have seen attacks on Adobe (152 million records breached), eBay (145 million records breached), Heartland (140 million records breached), T.J. Maxx (94 million records breached), AOL (94 million records breached) and Target (70 million records breached). Perhaps the most frightening attack was on the US Military (76 million records breached)."

"We can't solve the cyber security problems for the largest companies and organizations or guarantee that any site or server will ever be 100% secure against cyber attacks," Mr. Van Noy concluded. "However, we can dramatically improve cyber security for midsize online sellers, our target market segment."

About Warp 9

Since 1998, Warp 9, Inc. is a leading provider of mobile and digital commerce solutions for midsize online sellers. Offering fully managed Software-as-a-Service desktop and mobile e-commerce technology, Warp 9 allows customers to focus on their core online businesses, rather than on technical implementations. To learn more about Warp 9, please visit www.warp9inc.com or on Twitter at www.twitter.com/warp9inc, or on Facebook at www.facebook.com/warp9inc.

Safe Harbor Statement

Matters discussed in this press release contain statements that look forward within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such statements that look forward. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the statements that look forward contained herein, and while expected, there is no guarantee that we will attain the aforementioned anticipated developmental milestones. These statements that look forward are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.

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