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ZERIFY INC - ZRFY STOCK NEWS

Welcome to our dedicated page for ZERIFY news (Ticker: ZRFY), a resource for investors and traders seeking the latest updates and insights on ZERIFY stock.

Zerify Inc. (OTC PINK: ZRFY), formerly known as StrikeForce Technologies, is a premier cybersecurity company based in Edison, New Jersey. With over two decades of experience, Zerify specializes in Secure Video Conferencing and Endpoint Gap Security. The company aims to prevent cyber theft and data breaches for consumers, corporations, and government agencies through advanced multi-factor out-of-band authentication and keystroke encryption technologies.

Zerify’s cutting-edge solutions protect millions of users worldwide, securing not only digital communications but also hardware components such as cameras, microphones, and speakers. This ensures that confidential data remains secure even when offline or not on a video conference. Zerify stands out in the market by offering a level of cybersecurity protection that is unmatched by other video conferencing services like Zoom, Webex, LogMeIn, MS Teams, or BlueJeans.

The company holds several patents for its innovative technologies, including keystroke encryption on PC, Mac, and mobile devices (patents 8,566,608 & 8,732,483) and out-of-band authentication (patents 7,870,599 & 8,484,698 & 8,713,701). Zerify continues to enhance its product offerings and has recently made significant strides in expanding its sales and distribution channels.

In its latest developments, Zerify has restructured its financials, converting approximately $1.7 million in debt into preferred shares. This move significantly improves the company’s cap table and balance sheet, paving the way for future growth and increased shareholder value. CEO Mark L. Kay has expressed confidence in Zerify’s strategic path and corporate outlook for 2024, anticipating significant revenue growth as the need for secure communications continues to escalate in today's digital age.

Recent collaborations include a partnership with 323Link, which has launched new features for Tennessee's District 9 Court System. Zerify is dedicated to continually improving and expanding its cybersecurity solutions, ensuring robust protection for all users.

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Zerify Inc. (OTCPINK: ZRFY), a cybersecurity firm, reports a significant increase in cybercrime against small-to-medium businesses (SMBs), with potential losses exceeding $6.9 billion. CEO Mark L. Kay noted that many SMBs lack dedicated cybersecurity teams, prompting them to adopt Zerify's solutions like Zerify Meet™ and Zerify Defender™ for data protection. According to the FBI, hackers are increasingly targeting digital communication tools, a gap that Zerify aims to fill. The company emphasizes its unique security features, such as locking down devices to prevent unauthorized access. Additionally, it offers month-to-month licensing and a 14-day free trial for new customers.

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Zerify Inc. (ZRFY), a cybersecurity company, announced that Yanis Development Group has selected Zerify Meet as its secure video conferencing platform to safeguard financial information. CEO Mark L. Kay highlighted the critical need for cybersecurity in the financial sector, noting that these organizations are 300 times more likely to experience cyberattacks. Yanis Development Group values Zerify Meet for its unparalleled user authentication and affordability. Zerify's technology includes advanced security features that protect sensitive data during digital communications, establishing it as a leader in secure communications platforms, as recognized by Forrester Group and Aite-Novarica Group.

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Zerify Inc. (OTC PINK: ZRFY), a cybersecurity company, has entered into a strategic partnership with Apex Cybersecurity Solutions, aimed at providing its cybersecurity solutions to one of the largest healthcare providers in the U.S. This agreement highlights Zerify's focus on Secure Video Conferencing and Next-gen Endpoint Security.

The CEO, Mark L. Kay, noted this partnership as a significant opportunity to capture market share within the healthcare sector, which faces increasing cyber threats. The collaboration emphasizes HIPAA-compliant solutions designed with a 'Zero Trust' architecture, enhancing data security for patient records against cybercriminal activities.

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Zerify Inc. (OTC Pink: ZRFY) has requested that readers disregard its previous press release titled, “Zerify Channel Partner Announces Contract with Vizient,” issued on February 7, 2023. The company announced that a revised release will be forthcoming. This clarification suggests that the initial announcement contained inaccuracies or did not meet the company’s standards for dissemination.

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Zerify Inc. (OTC Pink: ZRFY) announced a partnership with Apex Cybersecurity Solutions to provide its cybersecurity solutions to over 5,000 not-for-profit health system members, including 1,360 acute care hospitals. This collaboration is part of a Vizient contract aimed at enhancing healthcare cybersecurity. Mark L. Kay, CEO of Zerify, emphasized the opportunity to scale rapidly in the evolving threat landscape.

With increasing cyber threats targeting healthcare organizations, the partnership aims to deliver HIPAA-compliant solutions based on a 'Zero Trust' architecture, designed to safeguard patient data.

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Zerify Inc. (OTC Pink Sheets: ZRFY) reported its strongest January ever, indicating robust growth for the cybersecurity firm. CEO Mark L. Kay announced key developments, including the hiring of Ron Falbo as Channel Manager to enhance the company's distributor and reseller channels. Zerify's new customer pilots surpassed expectations, involving large organizations seeking improved endpoint security solutions. The company is expecting revenues between $2 million and $4 million over the next 12 months. Recent media coverage has elevated Zerify's profile, and the website is set for upgrades, including a trial feature and enhanced payment options.

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Zerify Inc. (OTCQB: ZRFY), a cybersecurity firm, predicts strong revenue growth in 2023, following recognition as a leader in Secure Video Conferencing by Aite-Novarica Group. The company highlights opportunities in three sectors: video conferencing (projected at $30B-$50B by 2026), Endpoint Security ($25B by 2028), and Secure APIs ($1.3B in 2023). Their products utilize a Zero Trust strategy, enhancing security against malware. Notable upcoming contracts include a partnership with a Fortune 500 firm and agreements with significant IT organizations, anticipating $2M-$4M in revenue within a year.

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Zerify Inc. (OTCQB: ZRFY) announced a license agreement with a private family care center across eight locations for its secure video conferencing solution, Zerify Meet, aimed at safeguarding patient data. CEO Mark L. Kay emphasized the importance of HIPAA compliance, highlighting Zerify Meet's unique 'Zero Trust' architecture. The solution, combined with Zerify Defender, offers extensive protection features against cyber threats. Additionally, Zerify has been recognized as a leader in secure video conferencing solutions by Aite-Novarica Group's impact report.

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Zerify Inc. (OTCQB: ZRFY), a cybersecurity firm specializing in secure video conferencing, has announced that 21st Century Marketing Group has licensed its software, Zerify Defender. This solution aims to safeguard client data during video calls and other online interactions.

Mark L. Kay, Zerify's CEO, emphasized the importance of data protection, citing that the average data breach costs $9.44 million. Zerify Defender provides comprehensive protection, securing devices against various cyber threats. The partnership signifies a strategic advance for Zerify, enhancing its market presence.

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Zerify Inc. (OTCQB: ZRFY) has been recognized as a leader in secure video conferencing solutions by the Aite-Novarica Group. Their report emphasizes the increasing demand for cybersecurity in video conferencing, especially among small to medium-sized enterprises (SMEs) as hybrid work persists. The company offers unique features, including out-of-band multi-factor authentication and comprehensive protection against malware. With a global video conferencing market size of $15-$20 billion, 92.7% of IT professionals acknowledge security vulnerabilities in their tools, highlighting the critical need for improved solutions.

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FAQ

What is the current stock price of ZERIFY (ZRFY)?

The current stock price of ZERIFY (ZRFY) is $0.000001 as of October 15, 2024.

What is the market cap of ZERIFY (ZRFY)?

The market cap of ZERIFY (ZRFY) is approximately 497.6K.

What does Zerify Inc. specialize in?

Zerify Inc. specializes in Secure Video Conferencing and Endpoint Gap Security, providing advanced cybersecurity solutions.

Where is Zerify Inc. located?

Zerify Inc. is based in Edison, New Jersey.

What kind of cybersecurity technologies does Zerify offer?

Zerify offers multi-factor out-of-band authentication and keystroke encryption technologies.

How does Zerify differentiate from other video conferencing services?

Zerify provides unmatched cybersecurity protections for cameras, microphones, and speakers, which are not offered by services like Zoom, Webex, or MS Teams.

What recent financial improvements has Zerify made?

Zerify has converted approximately $1.7 million in debt into preferred shares, significantly improving its cap table and balance sheet.

Who is Zerify's current CEO?

Mark L. Kay is the current CEO of Zerify.

What patents does Zerify hold?

Zerify holds several patents for keystroke encryption (8,566,608 & 8,732,483) and out-of-band authentication (7,870,599 & 8,484,698 & 8,713,701).

Who has Zerify recently partnered with?

Zerify has recently partnered with 323Link to launch new features for Tennessee's District 9 Court System.

What is the strategic outlook for Zerify in 2024?

Zerify anticipates significant revenue growth in 2024, driven by the increasing need for secure communications.

How can I contact Zerify for more information?

You can contact Zerify at marklkay@zerify.com or call (732) 661-9641.

ZERIFY INC

OTC:ZRFY

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ZRFY Stock Data

497.56k
2.74B
0.66%
Software - Infrastructure
Technology
Link
United States of America
Edison