EDISON, N.J., Sept. 12, 2018 (GLOBE NEWSWIRE) -- BlockSafe Technologies, Inc., (BlockSafe), today announced the availability of the CryptoDefender™ mobile app, the first to protect cryptocurrency wallets on mobile devices. CryptoDefender™ does this by proactively preventing keylogging malware from stealing crypto wallet login credentials. Additionally, CryptoDefender includes a password vault, a secure browser, a strong password generator and an OATH compliant two-factor authentication token. It is available for both Android and iOS devices.

“$9 million is stolen from crypto wallets every day,” said BlockSafe CEO George Waller. “Mobile wallets are an easy target for hackers. Your tokens are more at risk than you can imagine. The release of CryptoDefender™ for mobile devices in conjunction with our recently launched CryptoDefender™ for desktops means that over 25 million wallet users now have the ability to properly secure their digital assets.”

The CryptoDefender™ app is available for a $9.99 monthly subscription and can be installed on up to five different devices. The app includes several other features that work in conjunction with keystroke encryption to protect crypto wallets and digital identities: keystroke encryption prevents keylogging spyware, the password vault encrypts and securely stores passwords, the secure browser prevents Man-in-the-Browser attacks, the password generator creates and stores strong passwords up to 99 characters and the OATH compliant OTP generator enables users to generate one-time passcodes for websites that allow two-factor authentication. “CryptoDefender™ is the industry’s most comprehensive security solution for desktops, laptops & mobile devices,” says Waller.

“Not enough attention has been paid to mobile cybersecurity despite the perpetual headlines about serious hacks,” George continued.  “Many of us buy, sell, and move cryptocurrencies from our phones and desktops; if one device is protected while the other remains vulnerable to intrusion, they both are at risk. CryptoDefedner™ is a tremendous milestone as it represents phase one in our three-part mission to secure the blockchain ecosystem.”

About BlockSafe Technologies, Inc.

BlockSafe is the company that secures the blockchain ecosystem with a suite of solutions that protect against an array of cyber vulnerabilities. The company is headquartered in Edison, New Jersey. For more information, visit www.blocksafetech.com

Safe Harbor Statement:

Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words “anticipate,” “believe,” “estimate,” “may,” “intend,” "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the sales of the company's identity protection software products into various channels and market sectors, the issuance of the company's pending patent application, and the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the company.

Contact Info:

Fusion Public Relations, on behalf of BlockSafe Technologies:
Olga Shmuklyer
917.715.0329
olga@fusionpr.com

BlockSafe Contact:
George Waller, CEO
732.661.9641
gwaller@blocksafetech.com