Plurilock Extends Cybersecurity Agreement with Semiconductor Firm

Plurilock has extended a “professional services engagement” with an important partner in the semiconductor business, the company has announced. Plurilock has not disclosed the name of its partner, but described it as a publicly traded semiconductor company listed on both the S&P 500 and Nasdaq 100 indexes.

Plurilock specializes in continuous authentication technologies that use behavioral biometrics to verify user identities. Its solutions analyze unique patterns in user behavior, such as typing rhythms, mouse movements, and other contextual data, to ensure ongoing security and reduce reliance on traditional passwords. The approach is designed to guard against unauthorized access and cyber threats.

The company says that its Critical Services team is providing its semiconductor customers with “expert cybersecurity and IT services across several practice areas including its Zero Trust, Offensive Security and Security Ops.” The latest contract adds $294,000 in revenue value to its pre-existing agreement.

“Expanding our services within this customer is a direct reflection of the great work our team is doing and illustrates a key part of our growth strategy to land and expand throughout a client’s operations,” said Plurilock CEO Ian L. Paterson.

Plurilock added a behavioral biometrics patent to its IP portfolio toward the end of last year. The patent focused on user authentication during remote desktop sessions, enhancing security in Virtual Desktop Infrastructure environments.

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July 10, 2024 – by Alex Perala