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OTTAWA, Jan. 21, 2014 (GLOBE NEWSWIRE) -- Validian Corp. (OTCQB:VLDI) ("Validian" or the "Company"), the first-to-market provider of next generation of cyber security technology for the management and protection of digital information, data and assets, today announced that it has developed and launched portable demo labs to provide live, interactive demonstrations of its next generation cyber security technology to meet the increasing inquiries from prospective customers and channel partners as a result of recent successful public cyber attacks against Google, Facebook, Target, Neiman Marcus and a host of other major companies in the Retail, Banking, Health, Defense and Government sectors.
These live demonstrations enable prospective customers and channel partners to utilize and experience Validian's radically innovative and potentially market disruptive technological capabilities including: authenticating applications thereby preventing their hacking and improper access; dynamically changing cryptographic keys thereby preventing their theft for decryption of stolen encrypted data; encrypting and decrypting data at inception so that it never travels in the clear at anytime, which was a major point of theft in the Target cyber attacks; and the ability to change any or all of these "policies" at anytime, which then automatically, immediately and transparently exist at all relevant end points without having to recode, download or install.
Bruce Benn, Validian President and CEO, commented, "Ongoing successful cyber attacks against major companies, that are already utilizing best-of-breed security measures, resulting in billions of dollars of economic losses and untold legal liability, have made it obvious that existing security technologies may be necessary but are neither sufficient for, nor capable of, preventing these cyber attacks and losses. This has resulted in an ever growing number of inquiries about Validian's next generation of cyber security, which is the only technology in the world today that has been specifically designed and developed to thwart these types of cyber attacks. Validian has the ability to set up live demonstrations in less than 15 minutes; to make remote installations anywhere in the world in less than 60 minutes, instead of weeks to months; and to enable any developer to integrate Validian's cyber security in a day to a few days instead of 6 to 24 months by a security expert. These are cornerstones that will enable the rapid adoption and roll out of Validian's cyber security technology."