Hyper Secure Ltd
Hyper Secure Ltd: Hyper Secure continuing discussions with major banking institutions.
Hyper Secure Ltd / Key word(s): Miscellaneous FOR IMMEDIATE RELEASE Hyper Secure continuing discussions with major banking institutions. Hamilton, Bermuda – October 18, 2013 – Hyper Secure, Ltd, a public company traded on the Bermuda Stock Exchange Main Board under Ticker Symbol HYPR:BH, today announced that the company is continuing to have high level discussions with two major banking institutions regarding the use of Hyper Secure’s enterprise software and connection products for increasing the security of online banking transactions. According to a recent worldwide survey by PricewaterhouseCoopers UK (PwC UK), Cyber crime ranked as one of the top four economic crimes and accounted for 44% – or nearly half – of all reported instances of fraud in the financial services sector alone. It is reported that in 2011 cyberfraud losses in the financial services sector came to $388 billion. ‘Our tailorable enterprise software, coupled with the HyperComm(TM) BioSec(TM) and HyperGmobile(TM) products are especially well suited for the banking industry’ said Jack Musetti, CEO of Hyper Secure. ‘Incorporating our products into their current IT systems will allow banks to provide their customers with products specifically designed to protect sensitive information transmitted over the public internet during online banking – regardless of where the customer initiates the transaction from. This will be a significant improvement over the current online security features in place, and should eliminate any customer concerns regarding the overall security of online banking’, he added. About Hyper Secure, Ltd Established in 2013, Hyper Secure, Ltd is a Bermuda based public company focused on being the leader in secure internet access and data protection. Our products provide you with the safest, easiest and fastest way to access your personal or private information from any computer or mobile device, anywhere in the world. For additional information visit our website – www.hyper-secure.com or email us at info@hyper-secure.com. Cautionary statement regarding forward-looking statements The company cautions investors that any forward-looking statements or projections made by the company, including those made in this Announcement, are subject to risks and uncertainties that may cause actual results to differ materially from those projected. Factors that may affect the Group’s operations are described under ‘Risk factors’ in the ‘Business Review’ in the company’s website. This press release is neither an offer to purchase nor a solicitation of an offer to sell shares of Hyper Secure, Ltd. In addition, investors and security holders will be able to obtain free copies of these documents by contacting the Investor Relations departments of Hyper Secure, Ltd. Contact: info@hyper-secure.com ### End of Corporate News 18.10.2013 Dissemination of a Corporate News, transmitted by DGAP – a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
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