OTTAWA, Ontario, September 22, 2016
OTTAWA, Ontario, September 22, 2016 /PRNewswire/ --
Validian Corporation (OTCQB: VLDI; "Validian" or the "Company"), a leading innovator in cyber-security technology, is pleased to announce that the Company has extended the data protection of its cyber security technology, and is now the first to protect data seamlessly, during transit, storage and usage, even when the host device, other devices, servers and databases, the Cloud and/or the network and other applications on any of these have been otherwise compromised.
Other cyber security technologies that protect data do so only when the data is being transferred or stored. Standard crypto protocols protect data during transit but not in storage. For storage, data in transit is decrypted so that it is in the clear and then re-encrypted by another encryption algorithm. Likewise, encrypted data in storage is decrypted, and then re-encrypted by other standard crypto protocols for transit. Furthermore, no cyber security technology, other than Validian's, protects the data when it is being used, including when it is being read or just open on the screen. As a result, data is being stolen, improperly accessed or infected before or after secure transit, before and after secure storage and during usage.
Bruce Benn, Chief Executive Officer of Validian, commented, "Data is where the value is. We must always assume that every device, server, database, network and application has been compromised by a seemingly unlimited number of cyber attacks including hacking, improper access and malware regardless of any combination of the most sophisticated cyber security solutions available on the market, and regardless of the technical skill of enterprises, governments, their technology providers and partners. The primary objective of these cyber attacks is to steal or access valuable data, whether it is confidential enterprise or government data, private health and personal information or crypto currencies."
Mr. Benn continued, "We are very pleased that we have successfully extended our cyber security technology and are now the first provider to protect valuable data seamlessly, during transit, storage and usage, and irrespective of any form of cyber attack or level of compromise. This extended protection afforded by our technology is now available in all Validian-enabled applications and current and future installations."
About Validian Corporation
Validian Corporation (OTCQB VLDI) is a leading innovator in cyber security technology that provides secure access, retrieval, transfer, receipt, storage and usage of digital information on mobile and non-mobile applications, devices, servers, data bases and memory both at rest and in transit using wired, wireless and mobile networks. Validian technology enables the next generation of secure Mobile Messaging and Communications, Cloud Computing, Cloud Storage, Distributed Computing and Web Application and WebPortal Access and Usage for desktop & laptop computers, servers, data bases, 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 http://www.Validian.com for more information on its digital asset solutions.
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Safe Harbor Statement
Investors should carefully consider the information contained in this news release before making an investment in the shares of the company. Information contained in this news release contains "forward looking statements", 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 constitute 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.
SOURCE Validian Corporation