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