Stocks in Play: Plurilock Security Inc. - InvestingChannel

Stocks in Play: Plurilock Security Inc.

Friday, May 28, 2021

9:22 AM EST – Plurilock Security Inc. : Has secured an order through GiaSpace, an IT service reseller, to license its advanced continuous authentication software to a regional pharmaceutical manufacturer based in the southeastern United States. Plurilock was approached to implement its proprietary continuous authentication software to protect against credential sharing, unauthorized access, and phishing attacks to ensure business continuity. In the pharmaceutical industry, an organization’s key asset is its intellectual property, and with the continued rise in cyberattacks, a breach could be devastating. The order includes deployment and support for Plurilock’s high margin ADAPT and DEFEND products at the manufacturer’s facilities. “Plurilock’s high margin software solutions work as a deterrence to attacks and form part of an in-depth defensive cybersecurity strategy, crucial to companies operating today,” said Ian L. Paterson, CEO of Plurilock. “Modern-day ransomware is more sophisticated than ever, and these skilled adversaries are finding ways to penetrate networks, identify high-value targets, and access critical information before detonating an attack on systems, causing significant damage and downtime for organizations. With the deployment of Plurilock’s authentication software, these organizations will be able to protect the workforce as well as other critical assets against cyberattacks.” Plurilock Security Inc. (V.PLUR) shares were unchanged at 0.53.

Stocks in Play: Plurilock Security Inc. , Fri, 28 May 2021 09:27:06 EST

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