Recap of news of pending implementation:
A)
THIS IS BIG ... Coming Soon ... TO A GREAT HOTEL NAME NEAR YOU ... OFFERING GUARDEDID and MOBILETRUST ... DAILY ... MONTHLY AND YEARLY
Details coming soon in an imminent Press Release !
imminent ... adjective
1.
about to happen.
"they were in imminent danger of being swept away"
synonyms: impending, at hand, close, near, approaching, fast approaching, coming, forthcoming, on the way, about to happen, upon us, in store, in the offing, in the pipeline, on the horizon, in the air, in the wind, brewing, looming, looming large;
LISTEN TO Mark's interview:
https://audioboom.com/posts/7289550-ceo-mark-...-19-update
AJ Gallagher
May 08, 2018 08:27 ET | Source: StrikeForce Technologies, Inc.; Secure CyberID
EDISON, N.J., May 08, 2018 (GLOBE NEWSWIRE) -- StrikeForce Technologies, Inc. (OTC PINK:SFOR) announced today that one of its resellers, Cybersecurity Risk Solutions, LLC (CRS) has officially launched SecureCyberID.com, the industry’s most powerful & comprehensive Identity Theft Solution for consumers, which includes end-point device security.
“We are very pleased CRS has embedded our patented anti-keylogging technology into their SecureCyberID offering,” says Mark L. Kay, CEO of StrikeForce. “Hackers have been using end-point malware (keyloggers) to exploit anti-virus vulnerabilities to steal personal & financial information for several years now. The most effective way of preventing this from happening is to proactively protect your computers and mobile devices with our keystroke encryption technology,” says Kay.
“We’ve closely followed consumer identity theft and data breaches for quite some time now,” says Will Lynch President & CEO of CRS. “Hackers and Cybercriminals continue to launch cyber-attacks to steal your confidential, medical and financial information. We’ve connected our entire life to the internet,” says Lynch “and consumers falsely believe they’re safe from cyber-attacks if they have anti-virus installed or subscribe to one of the big-name, T.V. infomercial identity theft companies. The problem is those companies offer passive, reactive-only solutions.”
According to cybersecurity experts, your #1 threat is a keylogger. “When you’re online you expose yourself to keylogging attacks,” says Lynch. “Cybercriminals often use a keylogger malware to steal every keystroke you type on your desktop computer, laptop or mobile device. Keyloggers cannot be stopped by Anti-Virus or traditional identity theft companies,” continues Lynch.
“We’re excited to have worked closely with industry leader StrikeForce Technologies, Inc. to integrate their patented anti-keylogger keystroke encryption technology with traditional identity theft protection, monitoring and restoration services,” say Lynch.
About StrikeForce Technologies, Inc.
StrikeForce Technologies helps to prevent Cyber theft and data security breaches for consumers, corporations, and government agencies. It provides powerful two-factor, “Out-of-Band” authentication, keystroke encryption along with mobile solutions. StrikeForce Technologies, Inc. (OTC PINK: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.
About Cybersecurity Risk Solutions, LLC (CRS)
CRS is a cybersecurity firm offering consumers and businesses with proactive security solutions and offers the only multi-adult identity theft plan that can stop keylogger attacks, helping to stop identify theft before it happens. https://SecureCyberID.com
Safe Harbor Statement:
Matters discussed in this press release contain forward-looking statements 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 forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements 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 sales of the company's identity protection software products into various channels and market sectors, the issuance of the company's pending patent application, and 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.
Contact Info:
StrikeForce Press Contact:
George Waller
(732) 661-9641
gwaller@strikeforcetech.com
Secure CyberID Contact Info:
Will Lynch
(877) 214-4561
wlynch@securecyberid.com
Arthur J. Gallagher & Co. (AJG) is a publicly traded company trading as of Friday's close at $78.05 per share and a $14.334 billion market capitalization.
C)
FirstData/BankofAmerica
Advanced Cyber Security (ACS) Announces Agreement with
First Data for Enhanced Security at the Point of Sale
ACS CyberIDLock™ cyber security product to be bundled into
First Data’s PCI security solutions
BOHEMIA, N.Y., May 2, 2019 – (PR NEWSWIRE) – Advanced Cyber Security (ACS), a
leader in endpoint security, today announced an agreement with First Data (NYSE:
FDC), a global leader in commerce-enabling technology and solutions. Under the terms
of the agreement, First Data will bundle ACS EndpointLock™ Keystroke Encryption
software and ACS Dark Web Intel Scanning service, collectively referred to as
CyberIDLock™, into their small and medium-sized business (SMB) PCI Security
Solutions for its merchants, partners, and channels.
ACS EndpointLock Keystroke Encryption software addresses a security threat known as
keylogging spyware, which has become a main component in cyberattacks and is
commonly downloaded as a result of clicking on an infected link inside an email, text
message, social media 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 all phishing attempts that resulted
in a breach, were followed by software installation, including keyloggers.1 Once a
keylogger has infected a desktop, tablet or mobile device, it steals every keystroke
typed including access credentials, credit card and banking information along with other
sensitive data.
According to ACS CEO, Dan DelGiorno, “Keylogging spyware has become a problem
that is global in scope. This poses an increased threat for the small business that is not
equipped to deal with the day-to-day threats that large enterprises constantly monitor. If
keylogging spyware captures password and login credentials, it creates a weak link in
the security chain and can give an unauthorized person access to a secure environment
storing Personal Identifying Information (PII). By installing ACS EndpointLock,
merchants can strengthen the first link in the security chain by protecting their
passwords and other credentials, eliminating the ability of keylogging spyware to
capture keystrokes, even if a device is already infected.
In addition to EndpointLock Keystroke Encryption software, the CyberIDLock bundle
also includes ACS Dark Web Intel Scanning Service for early discovery of exposed
merchant credentials. Mr. DelGiorno added. “If a merchant sees their password
exposed in the scan results, it will drive them to update their passwords and make
security a priority. With 24/7 access to scanning, the merchant will remain engaged and
curious to return and scan when hearing about breaches in the news. This will help
keep them informed and more actively involved in their cyber security.”
1 2017 Data Breach Investigations Report, 10th edition. https://enterprise.verizon.com/resources/repo...7_dbir.pdf
“With the latest breach research pointing to phishing and keyloggers as clear and
significant threats to SMBs, adding CyberIDLock will provide First Data’s merchants
with the protection they need to subdue these security risks,” said Tim Horton, Vice
President of Global Security for First Data. “ACS EndpointLock Keystroke Encryption
will protect our merchants against keyloggers on their desktops and mobile devices, and
ACS Dark Web Intel Scanning with 24/7 access will provide merchants with an easy-touse tool to keep them engaged and informed in better security practices.
About Advanced Cyber Security Group
Advanced Cyber Security (ACS) provides cutting-edge cybersecurity solutions for
consumers, small businesses and the enterprise to protect them from today’s modernday digital threats. ACS’s patented keystroke encryption software prevents the theft of
credentials from Keyloggers at the endpoint. This technology is used to strengthen the
security and compliance with PCI, HIPAA and NIST. ACS also has fortune 1000
companies using this solution to better protect the endpoints of the enterprise
environment with ACS protocol known as Keystroke Transport Layer Security (KTLS).
For more information, visit www.advancedcybersecurity.com.
About First Data
First Data (NYSE: FDC) is a global leader in commerce-enabling technology and
solutions, serving approximately 6 million business locations and 3,700 financial
institutions in more than 100 countries around the world. For more information,
visit www.firstdata.com and follow us on Twitter at @FirstData and LinkedIn.
Media Contacts
Elizabeth Lindsay
Advanced Cyber Security
866-417-9155 • ext. 1005
Liz@advancedcybersecurity.com
Michael Schneider
First Data
212-515-0290
Michael.Schneider@firstdata.com
D)
DSS
Document Security Systems, Inc. Signs Exclusive Master Distributor Agreement
DSS will sell ACS EndpointLockV™ Keystroke Encryption Software in 13 countries
Email Print Friendly Share
March 05, 2019 07:30 ET | Source: Document Security Systems Inc.
ROCHESTER, N.Y., March 05, 2019 (GLOBE NEWSWIRE) -- Document Security Systems, Inc. (NYSE American: DSS), ("DSS"
, a leader in anti-counterfeit, authentication, and diversion protection technologies, announced today that it has signed an exclusive Master Distributor Agreement with Advanced Cyber Security Corp. (“ACS”) to distribute their EndpointLockV™ cyber security software exclusively in thirteen countries in Asia and Australia, and EndpointLockI™ non-exclusively, in the U.S. and Middle East.
EndpointLockV 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.” [1]
“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. DSS believes EndpointLockV is the missing link for credential and data protection,” said Mr. Fai H. Chan, CEO of DSS International.
SIZING UP THE MARKET
In the exclusive Asia and Australia market, DSS will be reaching nearly 2 billion people, including China and Hong Kong, which houses over 1.4 billion people alone[2] and spends almost 25% more on cyber security than the global average.[3] 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, reinforce the need to view sensitive data and IT systems as critical infrastructure.”[4] 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.
CYBERCRIME COSTS HAVE REACHED PANDEMIC PROPORTIONS
According to the Herjavec report, “cybercrime will cost the world in excess of $6 trillion annually by 2021, up from $3 trillion in 2015.” So far, this prediction has turned out to be accurate. The report states, “It’s about the growing number of human and digital targets. Our entire society, the Planet Earth, is connecting up to the Internet – people, places, and things. The rate of Internet connection is outpacing our ability to properly secure it. The world will need to cyber protect 300 billion passwords globally by 2020.” [5]
According to ACS President CJ Brunet, “EndpointLockV is a leading-edge cyber security software product that addresses the unprotected vulnerability, which exists when keystrokes are typed into a device creating sensitive information such as passwords.”
ABOUT DOCUMENT SECURITY SYSTEMS, INC.
For over 15 years, Document Security Systems, Inc. (“DSS”) has protected corporations, financial institutions, and governments from sophisticated and costly fraud. DSS' innovative anti-counterfeit, authentication, and brand protection solutions are deployed to prevent attacks which threaten products, digital presence, financial instruments, and identification. AuthentiGuard™, the Company's flagship product, provides authentication capability through a smartphone application so businesses can empower a wide range of employees, supply chain personnel, and consumers to track their brands and verify authenticity. For more information on DSS, visit www.dsssecure.com.
ABOUT ADVANCED CYBER SECURITY CORP.
Advanced Cyber Security (“ACS”), a leader in cyber security that provides proactive solutions to businesses in the U.S. including Fortune 500 and Fortune 1000 companies. ACS was recently named one of the Top 20 Most Promising Cyber Security Solution Providers in 2017 by CIO Review Magazine.
Contact Information:
Document Security Systems, Inc.
Investor Relations
Tel: (585) 232-5440
Email: ir@dsssecure.com
References:
[1] https://enterprise.verizon.com/resources/repo...7_dbir.pdf
[2] https://simple.wikipedia.org/wiki/List_of_Asi...population
[3] https://www.pwccn.com/en/press-room/press-rel...71217.html
[4] https://www.gartner.com/en/newsroom/press-rel...on-in-2019
[5] https://www.herjavecgroup.com/wp-content/uplo...Report.pdf
FORWARD-LOOKING STATEMENTS
Forward-looking statements that may be contained in this press release, including, without limitation, statements related to the Company’s plans, strategies, objectives, expectations, potential value, intentions and adequacy of resources, are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act and contain words such as “believes,” “anticipates,” “expects,” “plans,” “intends” and similar words and phrases. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from the results projected in any forward-looking statement. In addition to the factors specifically noted in the forward-looking statements, other important factors, risks and uncertainties that could result in those differences include, but are not limited to, our ability to continue the growth in sales of AuthentiGuard and manage our expenses, as well as those risks disclosed in the “Risk Factors” section of the Company’s Annual Report on Form 10-K for the year ended December 31, 2017, filed with the Securities and Exchange Commission on March 6, 2018. Forward-looking statements that may be contained in this press release are being made as of the date of its release, and the Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements.
A)
THIS IS BIG ... Coming Soon ... TO A GREAT HOTEL NAME NEAR YOU ... OFFERING GUARDEDID and MOBILETRUST ... DAILY ... MONTHLY AND YEARLY
Details coming soon in an imminent Press Release !
imminent ... adjective
1.
about to happen.
"they were in imminent danger of being swept away"
synonyms: impending, at hand, close, near, approaching, fast approaching, coming, forthcoming, on the way, about to happen, upon us, in store, in the offing, in the pipeline, on the horizon, in the air, in the wind, brewing, looming, looming large;
LISTEN TO Mark's interview:
https://audioboom.com/posts/7289550-ceo-mark-...-19-update
AJ Gallagher
May 08, 2018 08:27 ET | Source: StrikeForce Technologies, Inc.; Secure CyberID
EDISON, N.J., May 08, 2018 (GLOBE NEWSWIRE) -- StrikeForce Technologies, Inc. (OTC PINK:SFOR) announced today that one of its resellers, Cybersecurity Risk Solutions, LLC (CRS) has officially launched SecureCyberID.com, the industry’s most powerful & comprehensive Identity Theft Solution for consumers, which includes end-point device security.
“We are very pleased CRS has embedded our patented anti-keylogging technology into their SecureCyberID offering,” says Mark L. Kay, CEO of StrikeForce. “Hackers have been using end-point malware (keyloggers) to exploit anti-virus vulnerabilities to steal personal & financial information for several years now. The most effective way of preventing this from happening is to proactively protect your computers and mobile devices with our keystroke encryption technology,” says Kay.
“We’ve closely followed consumer identity theft and data breaches for quite some time now,” says Will Lynch President & CEO of CRS. “Hackers and Cybercriminals continue to launch cyber-attacks to steal your confidential, medical and financial information. We’ve connected our entire life to the internet,” says Lynch “and consumers falsely believe they’re safe from cyber-attacks if they have anti-virus installed or subscribe to one of the big-name, T.V. infomercial identity theft companies. The problem is those companies offer passive, reactive-only solutions.”
According to cybersecurity experts, your #1 threat is a keylogger. “When you’re online you expose yourself to keylogging attacks,” says Lynch. “Cybercriminals often use a keylogger malware to steal every keystroke you type on your desktop computer, laptop or mobile device. Keyloggers cannot be stopped by Anti-Virus or traditional identity theft companies,” continues Lynch.
“We’re excited to have worked closely with industry leader StrikeForce Technologies, Inc. to integrate their patented anti-keylogger keystroke encryption technology with traditional identity theft protection, monitoring and restoration services,” say Lynch.
About StrikeForce Technologies, Inc.
StrikeForce Technologies helps to prevent Cyber theft and data security breaches for consumers, corporations, and government agencies. It provides powerful two-factor, “Out-of-Band” authentication, keystroke encryption along with mobile solutions. StrikeForce Technologies, Inc. (OTC PINK: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.
About Cybersecurity Risk Solutions, LLC (CRS)
CRS is a cybersecurity firm offering consumers and businesses with proactive security solutions and offers the only multi-adult identity theft plan that can stop keylogger attacks, helping to stop identify theft before it happens. https://SecureCyberID.com
Safe Harbor Statement:
Matters discussed in this press release contain forward-looking statements 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 forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements 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 sales of the company's identity protection software products into various channels and market sectors, the issuance of the company's pending patent application, and 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.
Contact Info:
StrikeForce Press Contact:
George Waller
(732) 661-9641
gwaller@strikeforcetech.com
Secure CyberID Contact Info:
Will Lynch
(877) 214-4561
wlynch@securecyberid.com
Arthur J. Gallagher & Co. (AJG) is a publicly traded company trading as of Friday's close at $78.05 per share and a $14.334 billion market capitalization.
C)
FirstData/BankofAmerica
Advanced Cyber Security (ACS) Announces Agreement with
First Data for Enhanced Security at the Point of Sale
ACS CyberIDLock™ cyber security product to be bundled into
First Data’s PCI security solutions
BOHEMIA, N.Y., May 2, 2019 – (PR NEWSWIRE) – Advanced Cyber Security (ACS), a
leader in endpoint security, today announced an agreement with First Data (NYSE:
FDC), a global leader in commerce-enabling technology and solutions. Under the terms
of the agreement, First Data will bundle ACS EndpointLock™ Keystroke Encryption
software and ACS Dark Web Intel Scanning service, collectively referred to as
CyberIDLock™, into their small and medium-sized business (SMB) PCI Security
Solutions for its merchants, partners, and channels.
ACS EndpointLock Keystroke Encryption software addresses a security threat known as
keylogging spyware, which has become a main component in cyberattacks and is
commonly downloaded as a result of clicking on an infected link inside an email, text
message, social media 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 all phishing attempts that resulted
in a breach, were followed by software installation, including keyloggers.1 Once a
keylogger has infected a desktop, tablet or mobile device, it steals every keystroke
typed including access credentials, credit card and banking information along with other
sensitive data.
According to ACS CEO, Dan DelGiorno, “Keylogging spyware has become a problem
that is global in scope. This poses an increased threat for the small business that is not
equipped to deal with the day-to-day threats that large enterprises constantly monitor. If
keylogging spyware captures password and login credentials, it creates a weak link in
the security chain and can give an unauthorized person access to a secure environment
storing Personal Identifying Information (PII). By installing ACS EndpointLock,
merchants can strengthen the first link in the security chain by protecting their
passwords and other credentials, eliminating the ability of keylogging spyware to
capture keystrokes, even if a device is already infected.
In addition to EndpointLock Keystroke Encryption software, the CyberIDLock bundle
also includes ACS Dark Web Intel Scanning Service for early discovery of exposed
merchant credentials. Mr. DelGiorno added. “If a merchant sees their password
exposed in the scan results, it will drive them to update their passwords and make
security a priority. With 24/7 access to scanning, the merchant will remain engaged and
curious to return and scan when hearing about breaches in the news. This will help
keep them informed and more actively involved in their cyber security.”
1 2017 Data Breach Investigations Report, 10th edition. https://enterprise.verizon.com/resources/repo...7_dbir.pdf
“With the latest breach research pointing to phishing and keyloggers as clear and
significant threats to SMBs, adding CyberIDLock will provide First Data’s merchants
with the protection they need to subdue these security risks,” said Tim Horton, Vice
President of Global Security for First Data. “ACS EndpointLock Keystroke Encryption
will protect our merchants against keyloggers on their desktops and mobile devices, and
ACS Dark Web Intel Scanning with 24/7 access will provide merchants with an easy-touse tool to keep them engaged and informed in better security practices.
About Advanced Cyber Security Group
Advanced Cyber Security (ACS) provides cutting-edge cybersecurity solutions for
consumers, small businesses and the enterprise to protect them from today’s modernday digital threats. ACS’s patented keystroke encryption software prevents the theft of
credentials from Keyloggers at the endpoint. This technology is used to strengthen the
security and compliance with PCI, HIPAA and NIST. ACS also has fortune 1000
companies using this solution to better protect the endpoints of the enterprise
environment with ACS protocol known as Keystroke Transport Layer Security (KTLS).
For more information, visit www.advancedcybersecurity.com.
About First Data
First Data (NYSE: FDC) is a global leader in commerce-enabling technology and
solutions, serving approximately 6 million business locations and 3,700 financial
institutions in more than 100 countries around the world. For more information,
visit www.firstdata.com and follow us on Twitter at @FirstData and LinkedIn.
Media Contacts
Elizabeth Lindsay
Advanced Cyber Security
866-417-9155 • ext. 1005
Liz@advancedcybersecurity.com
Michael Schneider
First Data
212-515-0290
Michael.Schneider@firstdata.com
D)
DSS
Document Security Systems, Inc. Signs Exclusive Master Distributor Agreement
DSS will sell ACS EndpointLockV™ Keystroke Encryption Software in 13 countries
Email Print Friendly Share
March 05, 2019 07:30 ET | Source: Document Security Systems Inc.
ROCHESTER, N.Y., March 05, 2019 (GLOBE NEWSWIRE) -- Document Security Systems, Inc. (NYSE American: DSS), ("DSS"
, a leader in anti-counterfeit, authentication, and diversion protection technologies, announced today that it has signed an exclusive Master Distributor Agreement with Advanced Cyber Security Corp. (“ACS”) to distribute their EndpointLockV™ cyber security software exclusively in thirteen countries in Asia and Australia, and EndpointLockI™ non-exclusively, in the U.S. and Middle East. EndpointLockV 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.” [1]
“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. DSS believes EndpointLockV is the missing link for credential and data protection,” said Mr. Fai H. Chan, CEO of DSS International.
SIZING UP THE MARKET
In the exclusive Asia and Australia market, DSS will be reaching nearly 2 billion people, including China and Hong Kong, which houses over 1.4 billion people alone[2] and spends almost 25% more on cyber security than the global average.[3] 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, reinforce the need to view sensitive data and IT systems as critical infrastructure.”[4] 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.
CYBERCRIME COSTS HAVE REACHED PANDEMIC PROPORTIONS
According to the Herjavec report, “cybercrime will cost the world in excess of $6 trillion annually by 2021, up from $3 trillion in 2015.” So far, this prediction has turned out to be accurate. The report states, “It’s about the growing number of human and digital targets. Our entire society, the Planet Earth, is connecting up to the Internet – people, places, and things. The rate of Internet connection is outpacing our ability to properly secure it. The world will need to cyber protect 300 billion passwords globally by 2020.” [5]
According to ACS President CJ Brunet, “EndpointLockV is a leading-edge cyber security software product that addresses the unprotected vulnerability, which exists when keystrokes are typed into a device creating sensitive information such as passwords.”
ABOUT DOCUMENT SECURITY SYSTEMS, INC.
For over 15 years, Document Security Systems, Inc. (“DSS”) has protected corporations, financial institutions, and governments from sophisticated and costly fraud. DSS' innovative anti-counterfeit, authentication, and brand protection solutions are deployed to prevent attacks which threaten products, digital presence, financial instruments, and identification. AuthentiGuard™, the Company's flagship product, provides authentication capability through a smartphone application so businesses can empower a wide range of employees, supply chain personnel, and consumers to track their brands and verify authenticity. For more information on DSS, visit www.dsssecure.com.
ABOUT ADVANCED CYBER SECURITY CORP.
Advanced Cyber Security (“ACS”), a leader in cyber security that provides proactive solutions to businesses in the U.S. including Fortune 500 and Fortune 1000 companies. ACS was recently named one of the Top 20 Most Promising Cyber Security Solution Providers in 2017 by CIO Review Magazine.
Contact Information:
Document Security Systems, Inc.
Investor Relations
Tel: (585) 232-5440
Email: ir@dsssecure.com
References:
[1] https://enterprise.verizon.com/resources/repo...7_dbir.pdf
[2] https://simple.wikipedia.org/wiki/List_of_Asi...population
[3] https://www.pwccn.com/en/press-room/press-rel...71217.html
[4] https://www.gartner.com/en/newsroom/press-rel...on-in-2019
[5] https://www.herjavecgroup.com/wp-content/uplo...Report.pdf
FORWARD-LOOKING STATEMENTS
Forward-looking statements that may be contained in this press release, including, without limitation, statements related to the Company’s plans, strategies, objectives, expectations, potential value, intentions and adequacy of resources, are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act and contain words such as “believes,” “anticipates,” “expects,” “plans,” “intends” and similar words and phrases. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from the results projected in any forward-looking statement. In addition to the factors specifically noted in the forward-looking statements, other important factors, risks and uncertainties that could result in those differences include, but are not limited to, our ability to continue the growth in sales of AuthentiGuard and manage our expenses, as well as those risks disclosed in the “Risk Factors” section of the Company’s Annual Report on Form 10-K for the year ended December 31, 2017, filed with the Securities and Exchange Commission on March 6, 2018. Forward-looking statements that may be contained in this press release are being made as of the date of its release, and the Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements.
3
