OTTAWA, May 6, 2015 - Validian Corp. (OTCQB: VLDI), a leader in cyber-security technology, is pleased to announce the extension of its cyber security technology to secure access to servers and data bases and to protect the access, retrieval, transfer, receipt, and storage of digital information on servers, data bases and memory, as well as on mobile and non-mobile devices, using wired, wireless and mobile networks.
This extension is designed to prevent hacking and improper access of data on all parts of IT systems. Currently, successful cyber attacks continue to exploit vulnerabilities within these systems despite state-of-the-art cyber-security technologies that are in use today. Validian’s technology is created to seal the gaps that are being exploited, such as those in the cases of successful hacking of several U.S. government departments and agencies, Sony, Anthem, and banks around the world within the last year.
Validian's technology now protects against the vulnerabilities in networks and IT systems that were exploited in a number of successful large-scale attacks by cyber criminals who stole an estimated $1bn (£648m ) from banks worldwide since 2013, according to the computer security firm Kaspersky Lab.
The extension of Validian’s technology includes the ability to protect personal and financial data that is left vulnerable and exposed by the use of debit and credit cards, with or without embedded chips, at four key points: (1) when it enters a payment terminal; (2) when it is transmitted through a processor; (3) when it is stored in a retailer's information systems; and (4) during online transactions.
“The extension of our cyber security technology means that now, with Validian, data is never in the clear. By providing seamless protection between data in transit and data at rest across platforms and devices that are integrated with IT systems, Validian protects data at the byte even in cases where it is otherwise left exposed and vulnerable by other cyber-security technologies,” commented Bruce Benn, Chief Executive Officer of Validian.
Mr. Benn added, “Criminals exploit vulnerabilities and valuable data. Protecting data at the byte and ensuring data is never left exposed no matter where it is located inside or outside a network or IT system is essential to prevent cyber criminals or unauthorized people from successfully stealing, accessing, or monitoring critical, valuable information and assets. Validian’s business is to keep data safe, period.”
About Validian Corporation
Validian Corporation (OTCQB VLDI) is first-to-market with next generation cyber security technology that provides secure access of critical applications and secure access, transfer and storage of digital information on wired, wireless and mobile networks over the Internet. Validian technology enables the next generation of secure Mobile Communication, Cloud Computing, Cloud Storage, Distributed Computing and Web Application and WebPortal Access and Usage for desktop & laptop computers, servers, tablets and SmartPhones.
The Company provides solutions that can be customized to the client's business process to ensure end-to-end authenticity, integrity and custody of high value digital assets. Validian is a U.S. public company with offices in the U.S. and Canada. Visit www.Validian.com and in particular "About" Validian for more information on its digital asset solutions.
Safe Harbor Statement
Investors should carefully consider the preceding information as well as information conained in this news release before making an investment in the shares of the company. Information contained in this news release contains "forward looking statement", which can be identified by the use of forward-looking terminology such as "believes," "expects," "may," "should," or "anticipates" or negative thereof or given that the future results covered by such forward-looking statements will be achieved. The preceding matters contitute cautionary statements identifying important factors with respect to such forward-looking statements, including certain risks and uncertainties that could cause actual results to vary materially from the future statements. Other factors could also cause actual results to vary materially from the future results covered in such forward-looking statements.
Bruce Benn, CEO and President
bbenn (at) validian (dot) com
Investor Relations Contact:
info (at) amcapventures (dot) com