04:49:58 EDT Thu 16 May 2024
Enter Symbol
or Name
USA
CA



Plurilock Security Inc
Symbol PLUR
Shares Issued 102,000,000
Close 2023-08-09 C$ 0.13
Market Cap C$ 13,260,000
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Plurilock signs $393K (U.S.) contract for cybersecurity

2023-08-10 14:18 ET - News Release

Mr. Ian Paterson reports

PLURILOCK SIGNS US$393,000 CONTRACT FOR CYBERSECURITY SOLUTIONS PROJECT WITH CALIFORNIA STATE CRITICAL INFRASTRUCTURE AGENCY

Plurilock Security Inc. has signed a $393,000 (U.S.) contract for a project to provide cybersecurity solutions to a California state critical infrastructure agency (the customer) for a period of one year.

"We are pleased to announce a new contract with a California state agency," said Ian L. Paterson, chief executive officer of Plurilock. "Cyber criminals continue to pose a threat to government agencies, which has led to substantial disruptions and damages within the public sector. The result has been a steady and growing demand for innovative cybersecurity products that we intend to deliver so organizations across various key industry verticals can strengthen their cyber defenses."

The state of critical infrastructure in the United States

According to the U.S. Cybersecurity and Infrastructure Security Agency, critical infrastructures are regarded as essential to the stability of a nation and as a result, protecting this sector is integral to a country's health. In May, 2023, the U.S. and international cybersecurity authorities issued a joint Cybersecurity Advisory, highlighting that a foreign state-sponsored hack group could target U.S. critical infrastructure sectors as well as other sectors worldwide. This latest development underscores the need for cybersecurity solutions within the critical infrastructure sector.

About Plurilock Security Inc.

Plurilock secures work forces in the age of AI through its Plurilock AI platform, delivering advanced identity, access management, data safety and AI safety solutions to commercial and government customers worldwide. With patented artificial intelligence and patented real-time identity confirmation technology, Plurilock AI enables zero-trust architecture and threat detection and response capabilities for regulated organizations with remote work forces. Through its solutions division, Plurilock aggregates world-class IT services and brings a comprehensive line of products that enable teams across North America and the globe to compute safely in a remote work world.

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