Plurilock Security Inc. (TSX-V:PLUR) has announced the first sale of Plurilock AI PromptGuard to an exclusive financial services firm based in the northeastern US seeking to establish additional guardrails around artificial intelligence (AI) use.
The AI-driven cybersecurity solutions provider said the software sale, a cross-sale of Plurilock's Technology Division product to an existing customer gained through recent acquisitions, will serve a three-digit user count operating primarily onsite at the company.
"We are pleased to announce the first cross-sale order for our latest high-margin AI-driven product, PromptGuard," Plurilock Security CEO Ian Paterson said in a statement.
"With the rapid adoption of generative AI tools and solutions in the workforce, most organizations lack the capability to protect their employees against the risks of AI and are in need of cybersecurity solutions like PromptGuard," he added.
As well, the company announced the launch of Plurilock AI PromptGuard version 1.0 for general availability, which is designed for AI safety.
Plurilock noted the product, based on patent-pending technology and previously available under the company's Early Access Program (EAP), provides a layer of data protection for businesses seeking to implement guardrails for the use of generative AI platforms such as ChatGPT.
PromptGuard automatically detects and redacts confidential information in generative AI prompts, helping to ensure that as employees use generative AI for their work, sensitive and regulated data is not sent to AI platforms, Plurilock added.
The company also stated that with the release of Version 1.0 on September 6, 2023, Plurilock AI PromptGuard is open to customers and through partners who do not participate in Plurilock's EAP.
Plurilock Security secures workforces in the age of AI through its Plurilock AI platform, delivering advanced identity, data safety, and guard rails to safely implement AI solutions to commercial and government customers worldwide.
Contact Sean at sean@proactiveinvestors.com