JS Security announces high interest in the Company's product, Security-as-a-Service since its launch
JS Security Technologies Group AB ("JS Security" or "the Company") announces that the interest in the Company's product, i.e. Security-as-a-Service has been high since its launch on January 14, 2022. The company has received expressions of interest regarding the extension after the end of the test period from more than 10 companies so far.
After a period of bounty and penetration testing of the Company's platform and decentralized P2P (''storage network'') network, performed by the US cyber security company HackerOne, JS Security launched its product Security-as-a-Service with associated storage network on January 14, 2022.
Since its launch, JS Security has offered a free 60-day trial of the product for review collection. The interest in the Company's product has been very high, due to the expressions of interest regarding extensions after the end of the test period from more than 10 players.
In addition, another 6 node operators have joined the P2P network. The company informs that the total potential storage capacity now amounts to approximately 153 TB (terabytes) when all nodes are active. The total potential storage capacity has increased from 100 TB to about 153 TB in 4 days, measured from today's date.
“Incredibly fun to see the interest in Security-as-a-Service, but also how fast our P2P network is growing! I believe that the increasing number of cyber-related crimes means that the public is exploring the market, to find more suitable alternatives to the systems they use today. Traditional centralized storage solutions are no longer the safest options on the market. Data intrusion and leaks are, and will continue to be, a huge problem that society must take seriously. '', Says Christopher Ramstedt, Chief Operating Officer & IR Manager
About Security-as-a-Service
Security-as-a-Service is a platform based on the Company's proprietary decentralized P2P network (link to Node Explorer: https://explorer.jssecurity.tech/). The platform enables the user to quickly, securely and privacy-protected, store files and data in a decentralized storage environment.
Security-as-a-Service uses advanced encryption, file sharing, file distribution, and authentication. The company has strived for a high degree of user-friendliness in combination with security and integrity. The platform is currently accessible via the browser, but will also be developed into a desktop application in the coming development period.
Link to the platform: https://account.jssecurity.tech/signup/saas
For further information, please contact:
Christopher Ramstedt, Chief Operating Officer & Head of Investor Relations
ir@jssecurity.tech
About JS Security
JS Security is a Swedish blockchain-based cyber security group. The company's expertise lies in the development of advanced technological infrastructure and platforms based on blockchain technology. JS Security offers secure decentralized data storage and complementary applications primarily for B2B. The current customers are located in Scandinavia. JS Security has offices in Helsingborg and headquarters in Stockholm.
The company's shares are listed on the Spotlight Stock Market.