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Message: VIDEO – Plurilock $PLUR Hits $6.9M Q1 Cyber Security Revenue. Gains Global Validation Through Gartner Report And Amazon AWS Partner Network

VIDEO – Plurilock $PLUR Hits $6.9M Q1 Cyber Security Revenue. Gains Global Validation Through Gartner Report And Amazon AWS Partner Network

posted on Jun 06, 2022 04:01PM

The global cybersecurity market size is forecast to grow to $345.4 billion by 2026 for obvious reasons … we’re all online and so are the bad guys. Until now most people think of firewalls, passwords, biometrics (fingerprints & facial scans) and two-factor authentication when it comes to cybersecurity.  And those are the dominant solutions today, the bad guys are winning the war right now when you consider the following:

 

Cybercrime is expected to cost the world $6 trillion in 2021. By 2025, this figure will climb to $10.5 trillion  Packet Labs

PLURILOCK CYBERSECURITY USES YOUR KEYBOARD & MOUSE BEHAVIOR TO IDENTIFY YOUR MOVEMENTS VS THE BAD GUYS

Plurilock brings an entirely different and exciting approach to cybersecurity - authenticating a person’s identity using behavioral biometrics. What does that mean?  Glad you asked.

Behavioral biometric data is - for example - simply the way you type on your keyboard and move your mouse.  Using artificial intelligence and machine learning, Plurilock creates an identity signature that is completely unique to you, like a digital key.

Applying this to the actual but basic example of a keyboard, Plurilock’s cyber security technology knows how you type on your keyboard and move your mouse.  So EVEN if someone was able to physically get onto your laptop and start hacking away, Plurilock would recognize it in seconds and shut the intruder out.

More than just lip service, here are some company highlights: 

2021 Revenue

● 2021 revenue $36,624,610 vs. $479,329 for 2020

Q1-22 Revenue

● Revenue $6,953,052 vs $75,761 Q1-21 (+OVER 9,000%)

 

CUSTOMER WINS

Disclosed sales YTD from the likes of:

o   California state taxation

o   NASA

o   U.S. Air Force

o   U.S. Department of Commerce

o   U.S. Department of the Navy

o   California-Based Pension Fund

o   And many more

 

AMAZON WORKSPACES INTEGRATION

Release of DEFEND for Amazon WorkSpaces

● Virtual environments now able to be protected by Plurilock's cutting-edge behavioral biometrics technology

● This enhanced functionality supports Amazon WorkSpaces, providing continuous identity assurance using behavioral biometrics. The platform can terminate the virtual session if high-risk activity or potential credential compromise is detected, thereby eliminating the opportunity for an attacker to access sensitive information in the network or detonate a malicious payload.

● $PLUR and AWS hosted a live webinar titled, “4 Security Threats to Consider When Using Amazon WorkSpaces”on May 26

 

MAJOR 3RD PARTY VALIDATION VIA GARTNER REPORT INCLUSION

With $USD 4.7 BILLION in 2021 revenue, Gartner, Inc. (NYSE: IT) is the world's leading information technology research and advisory company, delivering technology-related insights to the world’s biggest companies to help them make the right decisions. 

On May 19th Gartner announced that Plurilock Listed as Representative Vendor in 2022 Gartner® Innovation Insight for Biometric Authentication report.

WHY? According to Gartner ..

“Biometric authentication has a high profile in the market. Biometric methods promise better user experience (UX), trust and accountability benefits than other credential-based methods and enable passwordless authentication, alone or combined with other methods”.

Furthermore, Gartner recommends that identity and access management and fraud detection leaders …

“Improve authentication UX for employees and customers or enhance trust and accountability by implementing biometrics alone or in combination with other credentials across a wide range of use cases, including identity life cycle events, not just interactive login.”

 Plurilock CEO, Ian L. Paterson stated “We believe our inclusion as a representative vendor in this Gartner report validates Plurilock’s position as a leading player in the zero-trust identity space,”

AWARDS

● Plurilock's Integra Networks Wins Tenable's Top Canadian Regional Partner Award

● Wins Gold Globee(R) Cybersecurity Award for DEFEND Zero Trust Identity Solution

If you are looking for a great and fast growing smallcap cybersecurity company, sit back, relax and watch this powerful interview with Plurilock CEO Ian L. Paterson

 

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