Plurilock Security Inc. (TSX-V:PLUR) announced that it has received a US$2.5 million, three-year sale order for a range of several key enterprise cybersecurity capabilities from a United States hospital system.
The company said the sale further expands a solution that it delivered to the hospital in October 2022.
The sale was carried out by Plurilock’s Aurora East team, acquired as part of the company’s September 2022 asset purchase from Atrion Communications.
“This transaction's size, prominence, and the fact that it's a repeat order to expand previously delivered capabilities all showcase how Plurilock can help hospital systems stay secure, the effectiveness of Plurilock's exceptional Atrion team, and the broad success of our strategy to expand commercially through smart, laser-focused M&A activity,” Plurilock CEO Ian Paterson said in a statement.
The company noted that with a rapid rise in cybersecurity attacks in recent years which has put the healthcare data of millions of patients at risk, cybersecurity is an increasing concern for healthcare and hospital systems.
"With New York becoming the first to announce cybersecurity requirements for hospitals, we expect hospital systems across the U.S. to continue to accelerate their cybersecurity investments,” Paterson said.
Plurilock 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.