Plurilock Secures Critical Services Contracts Worth US$1.9 Million

FULL DISCLOSURE: This is sponsored content for Plurilock.

Plurilock Security (TSXV: PLUR) has reportedly again sold its services to a prominent semiconductor firm listed on the S&P500 index.

The latest transaction, said to be valued at US$1.9 million, consists of four separate contracts under which Plurilock will assist the undisclosed client in modernizing its cybersecurity and information security platforms. The new contracts are follow-on work, which were obtained following prior critical services engagements with the client.

Modernization efforts are said to center on the firms identity and access management stack, encryption infrastructure, phishing training and reporting infrastructure, configuration management database infrastructure, and internal cybersecurity communications. The work will also improve the clients phishing and ransomware readiness, as well as its efforts towards zero trust and role-based access control.

“[The client’s] decision to partner with us once again, this time to modernize their Identity and Access Management infrastructure and enhance phishing prevention strategies, is a testament to the quality and reliability of our solutions. This engagement reaffirms the trust our clients place in Plurilock Critical Services, and we’re excited to continue delivering exceptional results,” commented Plurilock CEO Ian L. Paterson.

The latest contract follows Plurilock in September securing a $1.1 million contract with a US government agency, as well as a partnership with TD SYNNEX for critical services.

Plurilock Security last traded at $0.65 on the TSX Venture.


FULL DISCLOSURE: Plurilock Security is a client of Canacom Group, the parent company of The Deep Dive. Canacom Group is currently long the equity of Plurilock Security. The author has been compensated to cover Plurilock Security on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. We may buy or sell securities in the company at any time. Always do additional research and consult a professional before purchasing a security.

Video Articles

Gold’s Next 12 Months Will Be the Trade of a Lifetime | Simon Marcotte – Northern Superior

Will The Government Will Quietly End The Dollar Using Gold | Andy Schectman

The Japanese Gold Mining Advantage | John Proust – Japan Gold

Recommended

Nova Scotia Bans Forest Access to Prevent Wildfires

Cardiol Therapeutics Releases Positive Topline Results From Phase II Clinical Trial

Related News

Plurilock Enters Partnership With TD SYNNEX For Critical Services

Plurilock Security (TSXV: PLUR) this morning announced the launch of a major partnership. The firm...
Thursday, September 12, 2024, 08:31:07 AM

Plurilock Grows Cybersecurity Services for S&P 500 Semiconductor Giant

FULL DISCLOSURE: This is sponsored content for Plurilock. Plurilock Security Inc. (TSXV: PLUR), a global...

Tuesday, July 9, 2024, 04:03:00 PM

Cybersecurity Needs In Focus As Critical Infrastructures Come Under Attack: Does Plurilock Have The Solution?

As the digital transformation of industries accelerates, the vulnerability of critical infrastructure to cyberattacks has...
Monday, July 1, 2024, 10:23:09 AM

Plurilock Adds Best Buy Canada President Ron Wilson To Advisory Council

Plurilock Security (TSXV: PLUR) continued its process of adding bench strength to its Industry Advisory...
Monday, August 19, 2024, 08:27:21 AM

Plurilock To Review U.S. Strategic Options, Engages Clear Street Investment Banking

Plurilock Security (TSXV: PLUR) is headed for the US. The company this morning indicated it...
Monday, August 26, 2024, 08:41:43 AM