How many of the 20 mil users will use encryption?
I have read some feel 10% or 20% sure seems low ball to me.
I mean it seems a safe guarded, prediction, based on being safe and guarded.
However the PR stated that because of the highly publicized data breaches with Conglomerate Sing Health in China who serves 80 other countries around the world. There is a view now that cyber security software that can prevent similar breaches is critical to have a must get technology .
Has anybody attempted to figure out who the two DSS Chinese companies ?
REread the PR Strikeforce is writing softwares for "desktop and mobile keystroke encryption app for distribution throughout China"
What are the industries here mentioned ? Hmm desktop and mobile phones and large mobile phones companies in China? Looks like a telephone co and other company with millions of users. Could be private or public company. Did anyone look in the Bio Hates Liars and I posted regarding Mr Chan the CEO of DSS to see what other company boards he sits on? Companies in China?
There are 2 existing clients , companies jumping to the front of the line to install Keystroke encryption , now lets talk about rolling out of the product with these 2 companies. Is it a passive rollout allowing the users to choose? or is it an aggressive rollout making it mandatory? Will the 2 companies get a portion of the fee charged to customers a way to make some profit revenue ? WIll it be by user choice or will the companies charge all users a reasonable monthly fee and clients can opt out if they want to. It seems as though the company management realizes the need to protect the personal data of 20 m il users. Therefore I see it as an aggressive rollout IMO
With the need to meet global compliance mandates re data breaches its an urgent matter. Also the cost of data breaches is high which increases the urgency.
My feeling is we will see a very high acceptance rate in this deal. Nothing passive about it. These are clients that want and need protection that is very reasonably priced. They are already DSS clients and probably have already been met with and briefed on keystroke encryption and what it solves etc. There is huge liability involved in not protecting the personal data of so many users, so I see the Businesses pushing hard to make every user employ the product. Keystroke encryption for desktop and mobile phones solves the issue. I would think acceptance rate will be north of 80 percent IMO
Here is the press release
I have read some feel 10% or 20% sure seems low ball to me.
I mean it seems a safe guarded, prediction, based on being safe and guarded.
However the PR stated that because of the highly publicized data breaches with Conglomerate Sing Health in China who serves 80 other countries around the world. There is a view now that cyber security software that can prevent similar breaches is critical to have a must get technology .
Has anybody attempted to figure out who the two DSS Chinese companies ?
REread the PR Strikeforce is writing softwares for "desktop and mobile keystroke encryption app for distribution throughout China"
What are the industries here mentioned ? Hmm desktop and mobile phones and large mobile phones companies in China? Looks like a telephone co and other company with millions of users. Could be private or public company. Did anyone look in the Bio Hates Liars and I posted regarding Mr Chan the CEO of DSS to see what other company boards he sits on? Companies in China?
There are 2 existing clients , companies jumping to the front of the line to install Keystroke encryption , now lets talk about rolling out of the product with these 2 companies. Is it a passive rollout allowing the users to choose? or is it an aggressive rollout making it mandatory? Will the 2 companies get a portion of the fee charged to customers a way to make some profit revenue ? WIll it be by user choice or will the companies charge all users a reasonable monthly fee and clients can opt out if they want to. It seems as though the company management realizes the need to protect the personal data of 20 m il users. Therefore I see it as an aggressive rollout IMO
With the need to meet global compliance mandates re data breaches its an urgent matter. Also the cost of data breaches is high which increases the urgency.
My feeling is we will see a very high acceptance rate in this deal. Nothing passive about it. These are clients that want and need protection that is very reasonably priced. They are already DSS clients and probably have already been met with and briefed on keystroke encryption and what it solves etc. There is huge liability involved in not protecting the personal data of so many users, so I see the Businesses pushing hard to make every user employ the product. Keystroke encryption for desktop and mobile phones solves the issue. I would think acceptance rate will be north of 80 percent IMO
Here is the press release
Quote:EDISON, N.J., March 19, 2019 (GLOBE NEWSWIRE) -- StrikeForce Technologies, Inc. (OTCQB: SFOR) announces that one of its distributors has closed several major deals for its keystroke encryption throughout Asia.
“We’re very excited about these deals,” says Mark L. Kay, CEO of StrikeForce, “they will bring substantial growth & revenues into the company”. During the first phase of this project StrikeForce will translate and localize our desktop and mobile keystroke encryption app for distribution throughout China. StrikeForce is receiving $350,000 in revenues to be received and development fees over five months. Once the localization is finished StrikeForce will be receiving fees on a per-user per-month basis. “Given that the first two customers have almost 20 million users, this has the potential to grow really big and really fast over time ,” says Kay.
“In addition to these deals, our distributor has deep ties into the Asian and Australia markets as well as in the U.S., reaching nearly 2 billion people, including China, Singapore and Hong Kong, which houses over 1.4 billion people alone and spends almost 25% more on cyber security than the global average,” says Kay. According to the research group Gartner, “highly publicized data breaches such as Sing Health, which compromised the personal health records of nearly a quarter of the population in Singapore, reinforces the need to view sensitive data and IT systems as critical infrastructure.” In a recent 2019 cyber report published by The Herjavec Group, researchers predict global spending on cyber security products to exceed $1 trillion cumulatively over the five-year period from 2017 to 2021.
StrikeForce’s keystroke encryption software solves a worldwide security threat that has been instrumental in the early advancement of the biggest breaches of our time. This threat is known as keylogging spyware, which has become a main component in cyberattacks. Until now, cyber security teams have not been successful in protecting against keyloggers, which are commonly downloaded as a result of clicking on an infected link inside an email, text or web page. This practice of tricking unsuspecting victims into clicking on links that look legitimate is called “phishing”. According to recent reports, “phishing was found in 90% of breaches and 95% of phishing attempts that led to a breach, were followed by software installation, including keyloggers.”
“Keylogging spyware has become a problem that is global in scope. It steals every keystroke typed into a PC or mobile device including login credentials, credit card and banking info and other sensitive data. The rapidly growing costs of cybercrime and the increasing rate of digital connectivity will drive the rate of spending in cyber security in the coming years. We feel that our keystroke encryption technology is the missing link for credential and data protection,” says Kay.
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