Plurilock Security Solutions

  • Sadie Evans posted an article
    Plurilock announces new defence contracts see more

    Source: https://www.prweb.com/releases/plurilock_awarded_federal_us_dhs_canadian_dnd_contracts_during_period_of_strong_revenue_growth/prweb16671169.htm

     

    VICTORIA, BRITISH COLUMBIA - November 7th, 2019 - Plurilock this week announced that it has been awarded new contracts by the United States Department of Homeland Security (DHS) and the Canadian Department of National Defence and Canadian Armed Forces (DND/CAF).

     

    DHS CONTRACT TO ADVANCE MACHINE-TO-MACHINE AUTHENTICATION, ANOMALY DETECTION

    The DHS contract, signed earlier this month, tasks Plurilock with continued development and delivery of machine-to-machine (M2M) anomaly detection technologies to enable future Internet of Things (IoT) authentication in certain federal networks.

    The contract is funded through the DHS Science and Technology (S&T) Directorate’s Silicon Valley Innovation Program (SVIP) and represents the next phase in an ongoing collaboration between Plurilock and DHS in a program in which Plurilock is one of only three non-U.S. companies, and the only Canadian company, represented.

    “Our behavioral, anomaly detection, and AI capabilities,” says Plurilock CEO Ian Paterson, “give us a head start in developing machine-to-machine authentication tools. We think this technology will become more and more critical as the ‘internet of things’ era matures, so we’re excited to continue to collaborate with the Silicon Valley Innovation Program. Obviously, DHS and SVIP are world-class partners to work with.”

     

    DND CONTRACT TO ENHANCE APT DETECTION AND RESPONSE

    Plurilock’s new Canadian Department of National Defence contract, signed in July, tasks the company to advance the state-of-the art, real-time cyberattack detection and advanced persistent threat (APT) prevention.

    Under the contract, Plurilock will leverage its technology and expertise in anomaly detection and machine learning to improve the detection of ongoing cyber-attacks as well as the efficiency, speed, and accuracy of Canadian federal agency responses to them. DND selected Plurilock in response to an Innovation for Defence Excellence and Security (IDEaS) program call for proposals.

    The project commenced at award time and will run through late 2019, with further stages to potentially follow once DND/CAF confirms a successful collaboration.

    “It’s hard to overstate the need for real-time threat detection and response in today’s critical systems,” says Paterson. “Plurilock will significantly enhance this capability, and we’re excited to be able to demonstrate our leadership across multiple kinds of security-driven anomaly detection in our work for DND and IDEaS.”

     

    ADAPT DRIVES STRONG REVENUE GROWTH

    Plurilock’s federal contract wins come during a period of record revenue growth for the company following February’s launch of Plurilock ADAPT, a next-generation multi-factor authentication solution. ADAPT enables risk-based login security using a combination of behavioral-biometric and contextual identity signals, and is unique in its ability to significantly increase the security of login workflows while remaining entirely invisible to users.

    “Breach rates continue to climb and frankly, the market is really hungry,” says Paterson. “Companies are frantically looking for a way to deploy MFA without harming delicately balanced user experiences or bottom lines, which is what we offer with ADAPT. It’s amazing to see such rapid uptake just as we ink new deals with federal agencies. It’s an exciting time at Plurilock.”

     

    ABOUT PLURILOCK

    Plurilock is the leader in advanced and continuous authentication for standards and regulatory compliance. Plurilock’s software leverages state-of-the-art behavioral-biometric, environmental, and contextual technologies to provide invisible, adaptive, and risk-based MFA solutions with the lowest possible cost and complexity. Plurilock enables organizations to compute safely—and with peace of mind.

    For more information, visit https://www.plurilock.com.

     

    ABOUT SVIP

    SVIP is one of S&T’s programs and tools to fund innovation and work with private sector partners to advance homeland security solutions. SVIP reaches out to innovation communities across the globe to harness commercial research and development for government applications, co-invest in, and accelerate the transition of technology to the commercial market. Companies participating in SVIP are eligible for up to $800,000 of non-dilutive funding to develop and adapt commercial technologies for homeland security use cases.

    For more information on current and future SVIP solicitations, visit https://www.dhs.gov/science-and-technology/svip or contact dhs-silicon-valley@hq.dhs.gov.

     

    ABOUT IDEAS

    The Innovation for Defence Excellence and Security (IDEaS) program fosters open innovation to provide creative thinkers with the structure and support to encourage solutions which will assist in solving some of Canada’s toughest defense and security challenges. The IDEaS program is broken into several components, designed to advance defense technologies in Canada. Innovations are eligible for funding up to $200,000 during Component 1a and up to $1,000,000 during Component 1b. Innovations that are promising for Canada can receive non-IDEaS Program funding up to $20M to continue development up to Solution Readiness Level 9.

  • Tessa Bousfield posted an article
    The launch comes on the heels of closing $3 million in seed investment for Plurilock see more

    Source: Plurilock.com

    Plurilock Launches New Global Channel Partner Program for its Invisible Identity Assurance Cybersecurity Solution

    Plurilock Security Solutions (“Plurilock”), a provider of behavioral biometrics cybersecurity, today announced the launch of its new Plurilock Global Sales Channel Partner Program, welcoming nine marquee partners who can now offer Plurilock’s invisible identity assurance solution to customers around the world.

    The launch comes on the heels of closing $3 million in seed investment for Plurilock whose unique continuous user authentication solution monitors user behavior on desktop and laptop computers in real-time to ensure that the current user is the authorized user.

    Plurilock’s BioTracker behavioral biometrics and artificial intelligence identity assurance solution provides continuous user authentication to thwart insider threats, privileged access compromises, stolen credentials, user carelessness and more, reducing time-to-response for breach attempts from over 200 days to less than 30 seconds. Its ultra-fast response, autonomous remediation and built-in audit-ready forensics and regulatory compliance make it an attractive solution for government and defense, financial, infrastructure, healthcare and life sciences organizations that depend on user validation for ironclad security, compliance and protection.

    New Partners Offer Worldwide Protection

    Plurilock’s nine new sales channel partners include Carahsoft, Siltek, Tindo Pte Ltd, Paramount Computer Systems (PCS) and Assurity Systems Limited. Through these and other partners, Plurilock is now readily available in the Middle East, Europe and Asia/Pacific, in addition to the Americas.

    “Plurilock’s simple identity assurance technology provides the real-time user authentication our customers need for security and compliance with zero impact on the user experience,” said Michael Shrader, Vice President Intelligence and Innovative Solutions with Carahsoft. “This is a great opportunity for us to deliver this affordable, dependable and efficient cybersecurity solution to our customers and reseller partners.”

    Growing Market Interest Underscores Expanding Threat

    Plurilock has landed additional clients in the financial services and energy sectors, including a critical infrastructure power plant. They have implemented Plurilock to protect their vital infrastructure and keep customers’ needs securely met, underscoring the demand for cybersecurity in utilities and financial markets.

    “Digital espionage is becoming a legitimate threat to both our national infrastructure and our economy, and all it takes is one bad actor to wreak potentially nationwide havoc on our vital systems,” said Plurilock CEO Ian Paterson. “Plurilock gives these critical entities the capability to instantly stop virtually any user-authentication-based endpoint threat, including accidental device or credential loss, to prevent your data or systems access from falling into the wrong hands.”

    To learn more about partnering with Plurilock to distribute its invisible identity assurance solution, visit www.plurilock.com/partners

    About Plurilock

    Plurilock delivers preventative, instantaneous and continuous solutions for workplace authentication and regulatory compliance. Its software strengthens workplace cybersecurity using sophisticated behavioral biometrics to identify authorized users and neutralize insider threats.

    MEDIA CONTACT

    Kasey Thomas
    SSPR
    925-285-6449
    kthomas@sspr.com