Dallas, TX, April 24, 2011 --(PR.com
)-- “The cyber-threat to U.S. business and government is doubled from the previous year. On the individual level, nearly two-thirds of people in 2010 have been the victim of cyber-crimes. Therefore everything is getting encrypted, or it is heading that way,” says David-Virgil Dafinoiu, President at NorAm Intelligence.
Daniel Cofall, CEO at NorAm Intelligence added: “Many firms whose business revolves around banking, energy or intellectual property complain that their systems are now under constant attack to extract proprietary information. Cyber-crime, including data theft and security breaches, may have cost global businesses as much as $1 trillion globally in 2010. Unfortunately, one in 10 companies will only report a security breach because corporations cannot afford negative publicity about computer security breaches.”
“Therefore NorAm made a priority of providing its government and business customers with cutting-edge customized data encryption solutions,” he added.
About NorAm Intelligence
NorAm Intelligence is a division of NorAm Capital Holdings, Inc., an award-winning public company with over 51 years of experience delivering proven solutions to a wide range of customers. NorAm Intelligence is a full-service intelligence and security private agency specializing in the development and implementation of intelligence and security solutions across governmental, institutional and commercial domains.
Our team of intelligence and security professionals helps organizations monitor and secure the integrity of their data and information systems, enhance data collection and analysis, respond to global threats and increase efficiency and mission effectiveness.
Additionally, NorAm’s global intelligence analysts and subject matter experts monitor operational threats and incidents such as cyber-terrorism, supply disruptions, natural disasters and infectious disease around the world, 24×7. NorAm’s proprietary intelligence gathering and processing systems enable our analysts to quickly produce intelligence gleaned from tens of thousands of sources, using a combination of automated business processes and human input from around the world.
Ultimately, NorAm Intelligence helps government agencies, financial institutions, oil & gas facilities, energy distributors and other multinational corporations to predict, prepare for, prevent and manage challenges and threats that arise in today’s complex environments.
"Safe Harbor" Statement
Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company (NorAm) intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the Safe Harbors created thereby. The Company is a development stage firm that continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.