security-business-insurance

Cyber Security Stocks To Watch: Strikeforce Technologies Inc (OTCMKTS:SFOR), and Iddriven Inc (OTCMKTS:IDDR)

This is the week many have been waiting for. With markets approaching new highs, the Presidential debates are officially underway. Fiscal policy and global trade will surely be among the topics discussed. This has some curious to see what the market reaction will be. The Fed continues to remain unchanged on rates while many stocks have favorably reacted over the last few weeks of the summer. Now, heading into the new week, there are several cyber security stocks to watch including  Strikeforce Technologies Inc (OTCMKTS:SFOR), and Iddriven Inc (OTCMKTS:IDDR) (Market Exclusive Information HERE).

Strikeforce Technologies Inc (OTCMKTS:SFOR) has also realized a significant increase in price and volume over the last few weeks. Since announcing its second quarter financials about a month ago, shares of SFOR have climbed as high as $0.0138 as of Friday’s session. The recent breach of Yahoo.com accounts has brought more light to cyber security and StrikeForce Technologies’ business is based around helping to prevent online identity theft and data security breaches for consumers, corporations, and government agencies. Since September 15, shares of StrikeForce are up more than 220%.

Iddriven Inc (OTCMKTS:IDDR) has also seen a response to the recent string of data and security breaches. As an access management and identity governance, IDDR is focused on preventing data breaches both internally from employees as well as externally via outside impediments. Since hitting lows of $0.051 in early September, shares of IDdriven have increased by as much as 292% throughout the month and closed at $0.1634 last Friday; still up over 200% from earlier lows.

Monday morning, IDDR announced that it has hired Neil Kleinman as the North American Sales Manager. Arend Verweij, CEO of IDdriven, Inc. states, “Mr. Kleinman is a warm welcomed addition to our team and we fully expect that his efforts will help spearhead our sales strategy in North America.”

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