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SOCURE and ValidSoft Partner to Bring Advanced Cyber Security and Identity Theft Protection Solutions to Social Networks

13:06 12/06/12

Emmanuelle Filsjean said: New York, NY, Jun 12th, 2012- SOCURE, a New York based company that develops cutting edge applications that protect the identity and reputation of both businesses and consumers across social networks, is today pleased to announce a new partnership with ValidSoft,, a global supplier of advanced telecommunications based fraud prevention, authentication and transaction verification solutions, and subsidiary of Elephant Talk Communications, Corp. (NYSE MKT: ETAK) (former NYSE Amex: ETAK).

Following a stringent technical evaluation process, SOCURE selected Validsoft’s state-of-the-art, special purpose security architecture SMART™ (Secure Mobile Architecture for Real-Time Transactions™) to underpin its own advanced security offerings in social networks. The derivative platform, known as SMARTsocial™, is aimed specifically at social network identity authentication and verification, and ensuring the integrity of transactions resulting from the augmented reality intersection between social networks, financial services and other services where privacy and/or data integrity is paramount. SOCURE will launch its platform of scalable security solutions for the social web later this year.

Pat Carroll, CEO of ValidSoft added, “We are excited about this partnership with SOCURE and see incredible potential for ValidSoft services in social network authentication and verification applications. We believe this will become a very important aspect of social media sites based on the recent hacking of LinkedIn users which creates a massive Phishing opportunity for fraudsters. Following our recent partnerships with Adeptra, Utiba and Spindle, this is the latest market recognition of the effectiveness of our advanced SMART™ architecture, and that ValidSoft’s solutions are easily and quickly integrated into the offerings of strategic financial technology providers as well as into social network platforms. Traditional security methods are inadequate and unsuitable for the world of mobile social networks. We have customized our SMARTsocial™ architecture for authenticating mobile social network transactions, and we intend to become the industry leader in securing the social networking space.”

Bradley S. Leinhardt, Esq. CEO of SOCURE, commented “As the proliferation of commerce on mobile social networks explodes with virtual currency transactions, we are determined to design and implement the most user friendly applications to safeguard against rampant identity theft, as research shows that millions of user logins and accounts are compromised every 24 hours on networks like Facebook, Twitter, Google+ and others. Thanks to this partnership with ValidSoft, SOCURE plans to develop the world’s first and most advanced mobile social network identity verification application, to be released on the iTunes and Android marketplaces, and powered by ValidSoft’s proprietary technologies. We are honored to collaborate with a world class company like ValidSoft and work hard to Redefine Fraud Prevention™ together.”