Zerify, Inc. (OTCQB: ZRFY), cyber security company focused on secure video conferencing solutions, is pleased to announce that Nepenthe Wellness Center has chosen Zerify Meet as HIPAA compliant secure video conferencing platform. “Zerify Meet allows me to run my practice knowing that all patient information is kept safe,” says Nicolle Croom-Pernavas, managing director of Nepenthe Wellness Center.

Market Action

On Wednesday, ZRFY stock moved down 3.51% at $0.0044 with more than 556K shares, compared to its average volume of 1.22 million shares. The stock moved within a range of $0.0054 – 0.0058 after opening the trade at $0.0054.

At this point in time cybersecurity is a sector that has garnered considerable attention from investors and for good reason too, considering the possibilities of growth in the long term. One of the companies worth looking into from the sector is Zerify Inc, which is involved in the secure video conferencing space and has been in the business for more than two decades.

Earlier on in the week on December 6 the company was in the news after it announced that its product Zerify Defender had been licensed by Hollaway Consulting Engineers LLC for the purpose of protecting corporate communications.

The Chief Executive Officer of Hollaway Consulting Engineers Sheri E. Hollaway spoke about the latest development and called Zerify Defender the ‘Swiss army knife’ of cybersecurity. Hollaway went on to note that the product helps in providing protection to its speakers, microphones, cameras, clipboards, and keyboards and also provides protection against the act of screen scraping.

She went on to add that since its engineers are almost always at sites, it was important for the company to protect both its corporate communications as well as client information through the use of Zerify Defender.

The Chief Executive Officer of Zerify Mark L Kay also spoke about it and noted that engineering firms are almost always on the radars of cybercriminals. He went on to note that while hackers had attacked credit card databases for a long, many bad actors are now using malware for the purpose of stealing information from engineering companies.

Zerify also noted that at this point in time as many as 560,000 new types of malware are detected on a daily basis and in total, the number of malware in the virtual world stands at more than a billion. Trojan malware makes up as much as 58% of all malware.

Traders Note

ZRFY stock is trading below the 20-Day and 50-Day Moving averages of $0.0067 and $0.0073 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0206.

By Nitin Harlalka

I am Nitin Harlalka, and I have been a passionate writer for close to a decade. I have a graduate degree in Economics and have worked as a business writer for a range of publications. Over the past couple of years, I have also started working on emerging industries like the cannabis industry and blockchain.

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