Plurilock Security Inc (PLUR.V) is a Canadian identity-centric cybersecurity solutions company. The cybersecurity company provides multi-factor authentication (MFA) solutions using behavioral-biometric, environmental, and contextual technologies.
Today, the Company announced it has launched its next iteration of its flagship cybersecurity platform which will not be called ‘Plurilock AI‘.
The new platform builds on AI-driven and patented real-time identity confirmation technology to help organizations with least privilege and zero trust initiatives.
Plurilock AI is available in three configurations:
Plurilock AI Cloud, an agentless solution that provides a comprehensive suite of tools to enable powerful, cost-effective least privilege access management across an organization’s cloud universe, along with cloud-based data loss prevention (DLP) capabilities.
Plurilock AI Cloud DLP, which pairs the least privilege access management tools of Plurilock AI Cloud with an endpoint agent that enables endpoint-based data loss prevention capability, ensuring that least privilege strategies are maintained to protect sensitive data across employee workstations.
Plurilock AI Complete, which ties these capabilities to machine learning and behavioral biometric identity. This provides real-time, moment-by-moment authentication and identity confirmation as a signal to manage cloud and data access, ensuring that access is granted only when, and for as long as, the authorized user is physically present and working at the endpoint.
Plurilock AI places new emphasis on advanced least privilege access management strategies, which enable organizations to provide users the smallest possible amount of computing access needed to do their work. The updated Plurilock AI platform leverages the capabilities of Plurilock’s DEFEND real-time authentication technology, combining these with the technology gained in the Company’s acquisition of CloudCodes Software Private Limited in Q4 2022, to deliver next-generation least privilege and zero trust solutions.
“As a company, we have years of experience, multiple patents and demonstrated capability to leverage advanced AI to solve cyber problems,” said Ian L. Paterson, CEO of Plurilock. “With this iteration of our platform, Plurilock AI, and the continued focus on growing our professional services division, we can now leverage this expertise directly in customer environments to deliver end-to-end, framework-driven least privilege and zero trust solutions.”
What about current customers? They will not see changes in their existing service. Instead, they will see Plurilock offer a highly engaged Plurilock AI roadmap that closes the loop on least privilege and zero trust, along with newly expanded professional services capacity and new tools focused on enabling customers to achieve these goals in real-world environments.
For more information on the Company and REAL AI, check out Chris Parry’s fresh off the press deep dive into Plurilock and the investment opportunity.
The stock has regained a major support zone at $0.16. This is highly significant since the technical retest failed to hold above this zone recently. With a breakout above the $0.16 zone, a breakout was in play. However in recent days, the stock had fallen and closed back below this major breakout zone while respecting a downtrend line. The retest of the breakout failed, and did not see buyers step in.
With the stock back above $0.16, the stock can regain upside momentum and potentially test resistance at $0.225 and then $0.25. It should be noted that the stock is now in a small range between $0.16 and $0.175. The last 5 trading days have seen Plurilock consolidate in this small range. A close above $0.175 would be considered a breakout and would add to upside momentum.