SFOR - SFOR STOCK NEWS

StrikeForce Technologies, Inc. (OTC PINK: SFOR) announced its acquisition of Cybersecurity Risk Solutions LLC (CRS), which enhances its portfolio in cyber, privacy, and data protection solutions.

This strategic move aims to strengthen channel distribution and offer cost-effective security services amid rising cyber threats, which have seen a 400% increase in reports according to the FBI.

Mark Kay, CEO of StrikeForce, stated that the acquisition marks a significant milestone, driving new revenue opportunities and solidifying their market position.

StrikeForce Technologies (OTC PINK: SFOR) has successfully eliminated its remaining convertible debt of $45,000, reducing its total convertible debt to $0. This was part of a broader effort to negotiate over $640,000 in convertible debt. CEO Mark Kay expressed optimism about the company's products, SafeVchat™ and PrivacyLoK™, receiving positive early feedback as they aim to set new standards in video conferencing security. Recent media coverage, including features in Forbes and Security Magazine, adds to the positive outlook. The company emphasizes its commitment to enhancing shareholder value.

StrikeForce Technologies (OTC PINK: SFOR) has launched SafeVchat, a new video conferencing platform prioritizing cybersecurity. The platform aims to address vulnerabilities seen in popular tools like Zoom, offering features such as two-factor authentication, encryption, and compliance with major cybersecurity regulations. SafeVchat has already attracted hundreds of customers and 14 international resellers, indicating significant demand from sectors concerned about data security. The company emphasizes that the need for secure communication tools is heightened given the rising incidents of cyber-attacks during remote work.

StrikeForce Technologies (OTC PINK: SFOR) has expanded its global distribution channel for its secure video conferencing solutions, SafeVchat and PrivacyLok, to include the Middle East and Africa. CEO Mark L. Kay announced that eight new partners have joined in the last two months, enhancing distribution in the US, Canada, Europe, and beyond. The company emphasizes its products as the most secure on the market, with extensive cyber security features added recently. PrivacyLok launched last week, while SafeVchat will launch on March 8.

StrikeForce Technologies (OTC PINK: SFOR) has launched PrivacyLok, a desktop privacy protection suite aimed at enhancing security for online communications, particularly video conferencing tools like Zoom and Microsoft Teams. This solution addresses vulnerabilities such as keylogging and unauthorized access to cameras and microphones, ensuring user data protection. Priced at $39.95 annually, PrivacyLok offers multi-layered security features including anti-keylogging, clipboard protection, and anti-screen scraping. The need for such security solutions has escalated due to the increase in remote work, prompting a rise in cyber attacks.

StrikeForce Technologies, Inc. (OTC PINK: SFOR) will present at the Emerging Growth Conference on February 17, 2021, at 1:30 PM Eastern time. This interactive online event allows investors to engage with CEO Mark L. Kay and ask questions following the presentation. The event is aimed at enhancing visibility for SFOR and its cybersecurity solutions. An archived webcast will be available for those unable to attend live. Registration is encouraged to receive updates.

StrikeForce Technologies, Inc. (OTC PINK: SFOR) announced the completion of its Reg A Tier II funding round, successfully selling 465 million common shares, resulting in a total of 757 million outstanding shares. This is 43 million shares less than initially planned. CEO Mark Kay clarified earlier statements regarding the retirement of approximately $900,000 in convertible debt, noting that it was either converted or forgiven rather than fully paid off. StrikeForce provides cybersecurity solutions, including two-factor authentication and keystroke encryption.

StrikeForce Technologies, Inc. (OTC PINK: SFOR) announced the upcoming beta launch of its PrivacyLok privacy protection software. PrivacyLok aims to safeguard Windows desktops against spyware, protecting users' camera, microphone, keyboard, and clipboard during video conferences. CEO Mark L. Kay emphasized the software's design for a broad audience, including consumers, corporations, and government agencies, particularly in response to rising video conferencing usage due to COVID-19. The product will complement their existing SafeVchat solution, enhancing overall data security.

StrikeForce Technologies has announced that its European Patent Application #14763895.1 for the MobileTrust® Mobile Security product has been granted by the European Patent Office. CEO Mark L. Kay highlighted the increasing threats from cybercriminals targeting mobile devices, emphasizing the need for robust mobile security solutions. MobileTrust offers comprehensive features such as a keystroke encrypted keyboard, secure browser, password vault, password generator, and two-factor OTP token generation. The patent allows StrikeForce to collaborate with European resellers to provide security solutions to businesses and government agencies.