STOCK TITAN

Plurilock Announces US$1.9 Million in Critical Services Contracts with S&P 500 Semiconductor Company

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)
Tags

Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF) has secured US$1.9 million in new cybersecurity contracts with a prominent S&P 500 semiconductor company. The contracts involve modernizing the customer's cybersecurity and information security platforms, including:

  • Identity and Access Management (IAM) stack
  • Configuration Management Database (CMDB) infrastructure
  • Encryption infrastructure
  • Phishing training and reporting infrastructure
  • Internal cybersecurity communications

The work aims to enhance the customer's posture in Role-Based Access control (RBAC), Zero Trust, least privilege access management, phishing and ransomware readiness, and security best practices awareness. These contracts were secured through Plurilock's subsidiary, Aurora Systems Consulting, based on the success of previous Critical Services engagements with the customer.

Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF) ha ottenuto 1,9 milioni di dollari USA in nuovi contratti di cybersecurity con un'importante azienda di semiconduttori quotata nell'S&P 500. I contratti prevedono la modernizzazione delle piattaforme di cybersecurity e sicurezza delle informazioni del cliente, comprendente:

  • Pila di gestione delle identità e degli accessi (IAM)
  • Infrastruttura del database di gestione della configurazione (CMDB)
  • Infrastruttura di crittografia
  • Infrastruttura di formazione e reporting sul phishing
  • Comunicazioni interne di cybersecurity

Il lavoro ha l'obiettivo di migliorare la posizione del cliente in controllo degli accessi basato sui ruoli (RBAC), Zero Trust, gestione degli accessi con il minimo privilegio, prontezza contro phishing e ransomware, e consapevolezza delle migliori pratiche di sicurezza. Questi contratti sono stati ottenuti attraverso la filiale di Plurilock, Aurora Systems Consulting, sulla base del successo di precedenti coinvolgimenti in Servizi Critici con il cliente.

Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF) ha asegurado 1.9 millones de dólares estadounidenses en nuevos contratos de ciberseguridad con una destacada empresa de semiconductores del S&P 500. Los contratos implican la modernización de las plataformas de ciberseguridad y seguridad de la información del cliente, que incluyen:

  • Pila de Gestión de Identidades y Accesos (IAM)
  • Infraestructura de Base de Datos de Gestión de Configuración (CMDB)
  • Infraestructura de cifrado
  • Infraestructura de capacitación y reporte de phishing
  • Comunicación interna de ciberseguridad

El trabajo tiene como objetivo mejorar la posición del cliente en control de acceso basado en roles (RBAC), Zero Trust, gestión de acceso con el principio de menor privilegio, preparación para phishing y ransomware, y concienciación sobre las mejores prácticas de seguridad. Estos contratos se aseguraron a través de la filial de Plurilock, Aurora Systems Consulting, basada en el éxito de compromisos previos de Servicios Críticos con el cliente.

Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF)는 190만 달러의 새로운 사이버 보안 계약을 S&P 500 반도체 회사와 체결했습니다. 이 계약은 고객의 사이버 보안 및 정보 보안 플랫폼 현대화를 포함합니다. 세부 내용은 다음과 같습니다:

  • 아이덴티티 및 접근 관리(IAM) 스택
  • 구성 관리 데이터베이스(CMDB) 인프라
  • 암호화 인프라
  • 피싱 교육 및 보고 인프라
  • 내부 사이버 보안 커뮤니케이션

이 작업은 역할 기반 접근 제어(RBAC), 제로 트러스트, 최소 권한 관리, 피싱 및 랜섬웨어 대비, 보안 모범 사례 인식에서 고객의 보안을 강화하는 것을 목표로 합니다. 이러한 계약은 Plurilock의 자회사인 Aurora Systems Consulting을 통해 확보되었으며, 고객과의 이전 중요한 서비스 참여의 성공을 바탕으로 합니다.

Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF) a sécurisé 1,9 million de dollars US en nouveaux contrats de cybersécurité avec une entreprise de semi-conducteurs de premier plan inscrite à l'S&P 500. Les contrats impliquent la modernisation des plateformes de cybersécurité et de sécurité de l'information du client, y compris :

  • Pile de gestion des identités et des accès (IAM)
  • Infrastructure de base de données de gestion de la configuration (CMDB)
  • Infrastructure de chiffrement
  • Infrastructure de formation et de rapport sur le phishing
  • Communications internes en cybersécurité

Le travail vise à améliorer la posture du client en contrôle d'accès basé sur les rôles (RBAC), Zero Trust, gestion des accès avec le principe du moindre privilège, préparation au phishing et aux ransomwares, et sensibilisation aux meilleures pratiques de sécurité. Ces contrats ont été obtenus par l'intermédiaire de la filiale de Plurilock, Aurora Systems Consulting, sur la base du succès des précédents engagements en services critiques avec le client.

Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF) hat 1,9 Millionen US-Dollar in neuen Cybersecurity-Verträgen mit einem renommierten S&P 500-Halbleiterunternehmen gesichert. Die Verträge beinhalten die Modernisierung der Cybersecurity- und Informationssicherheitsplattformen des Kunden, einschließlich:

  • Identitäts- und Zugriffsmanagement (IAM)-Stack
  • Infrastruktur der Konfigurationsmanagement-Datenbank (CMDB)
  • Verschlüsselungsinfrastruktur
  • Phishing-Schulungs- und Berichtsinfrastruktur
  • Interne Cybersecurity-Kommunikation

Die Arbeit zielt darauf ab, die Sicherheitslage des Kunden in rollenbasiertem Zugriffskontroll (RBAC), Zero Trust, minimaler Zugriffsverwaltung, Vorbereitung auf Phishing und Ransomware sowie Bewusstsein für Sicherheitsbest Practices zu verbessern. Diese Verträge wurden über die Tochtergesellschaft von Plurilock, Aurora Systems Consulting, gesichert, basierend auf dem Erfolg vorheriger Kritischer Dienstleistungen mit dem Kunden.

Positive
  • Secured US$1.9 million in new cybersecurity contracts with an S&P 500 semiconductor company
  • Expanding business relationship with a prominent customer
  • Demonstrating success and reliability in previous engagements
  • Diversifying service offerings in critical cybersecurity areas
Negative
  • None.
  • Plurilock to modernize the Customer's Identity and Access Management, Configuration Management Database infrastructure, and encryption infrastructure
  • Plurilock will refresh the Customer's phishing training and reporting infrastructure and update the Customer's internal cybersecurity communications practices

Vancouver, British Columbia--(Newsfile Corp. - October 1, 2024) - Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF) ("Plurilock" or the "Company"), a global cybersecurity services and solutions provider, announces US$1.9 million in new cybersecurity contracts with a prominent semiconductor company (the "Customer") listed on the S&P 500 index.

Under the four contracts, together valued at US$1.9 million, the Company will provide services to modernize several of the Customer's foundational cybersecurity and information security platforms and resources, including its Identity and Access Management (IAM) stack, its Configuration Management Database (CMDB) infrastructure and integrations, its encryption infrastructure, its phishing training and reporting infrastructure, and its internal cybersecurity communications.

The work will significantly enhance the Customer's posture with respect to Role-Based Access control (RBAC), Zero Trust, least privilege access management, phishing and ransomware readiness, and security best practices awareness.

The new contracts are follow-on business, earned based on success in previous Critical Services engagements with the customer, and were secured through Plurilock's subsidiary, Aurora Systems Consulting.

"We're honored to have earned this opportunity based on the success of our previous work with this valued customer," says Ian L. Paterson, CEO of Plurilock. "Their 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."

About Plurilock

Plurilock sells cybersecurity solutions to the United States and Canadian Federal Governments along with Global 2000 companies. Through these relationships, Plurilock sells its unique brand of Critical Services-aiding clients with our expertise to defend against, detect, and prevent costly data breaches and cyberattacks.

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

Ian L. Paterson
Chief Executive Officer
ian@plurilock.com
416.800.1566

Ali Hakimzadeh
Executive Chairman
ali@sequoiapartners.ca
604.306.5720

Sean Peasgood
Investor Relations
sean@sophiccapital.com
647.953.5607

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the TSX Venture Exchange policies) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This press release may contain certain forward-looking statements and forward-looking information (collectively, "forward-looking statements") related to future events or Plurilock's future business, operations, and financial performance and condition. Forward-looking statements normally contain words like "will", "intend", "anticipate", "could", "should", "may", "might", "expect", "estimate", "forecast", "plan", "potential", "project", "assume", "contemplate", "believe", "shall", "scheduled", and similar terms. Forward-looking statements are not guarantees of future performance, actions, or developments and are based on expectations, assumptions, and other factors that management currently believes are relevant, reasonable, and appropriate in the circumstances. Although management believes that the forward-looking statements herein are reasonable, actual results could be substantially different due to the risks and uncertainties associated with and inherent to Plurilock's business. Additional material risks and uncertainties applicable to the forward-looking statements herein include, without limitation, the impact of general economic conditions, and unforeseen events and developments. This list is not exhaustive of the factors that may affect the Company's forward-looking statements. Many of these factors are beyond the control of Plurilock. All forward-looking statements included in this press release are expressly qualified in their entirety by these cautionary statements. The forward-looking statements contained in this press release are made as at the date hereof, and Plurilock undertakes no obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required by applicable securities laws. Risks and uncertainties about the Company's business are more fully discussed under the heading "Risk Factors" in its most recent Annual Information Form. They are otherwise disclosed in its filings with securities regulatory authorities available on SEDAR+ at www.sedarplus.ca.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/225115

FAQ

What is the value of the new contracts Plurilock Security (PLCKF) secured with the S&P 500 semiconductor company?

Plurilock Security secured new cybersecurity contracts valued at US$1.9 million with a prominent S&P 500 semiconductor company.

What specific cybersecurity services will Plurilock (PLCKF) provide under these new contracts?

Plurilock will modernize the customer's Identity and Access Management (IAM) stack, Configuration Management Database (CMDB) infrastructure, encryption infrastructure, phishing training and reporting infrastructure, and internal cybersecurity communications.

How did Plurilock Security (PLCKF) secure these new contracts?

Plurilock secured these contracts through its subsidiary, Aurora Systems Consulting, based on the success of previous Critical Services engagements with the customer.

What cybersecurity areas will be enhanced for the customer through Plurilock's (PLCKF) services?

The services will enhance the customer's posture in Role-Based Access control (RBAC), Zero Trust, least privilege access management, phishing and ransomware readiness, and security best practices awareness.

PLURILOCK SEC INC

OTC:PLCKF

PLCKF Rankings

PLCKF Latest News

PLCKF Stock Data

30.16M
49.00M
3.94%
1.75%
Software - Infrastructure
Technology
Link
United States of America
Vancouver