Plurilock Security Inc. (CVE:PLUR) (OTCQB:PLCKF) announced that it has received a purchase order worth US$120,000 from a county government in California.
The Victoria, British Columbia-based company said it secured the order in a competitive open market based on the team's exceptional track record for quality products and customer service. It will provide the county government entity with cybersecurity software and maintenance support per the purchase order.
The contract win is the latest in the company’s ongoing effort to expand within the healthcare and government verticals.
READ: Plurilock Security beats competition to win new order from California state taxation agency
According to Plurilock, government entities at all levels have seen an increase in cybercrime, impacting networks and critical infrastructure. Since 2017, cyber-attacks against state and local governments have risen an average of almost 50%. This has proven costly for them, with recent data showing that ransomware attacks cost local and state governments over $18 billion in 2020.
Along with increased pressure due to the surge in attacks, state and local governments often face the challenge of limited resources and extended procurement timelines, underscoring the importance of vendors they select for cybersecurity products.
Plurilock offers cybersecurity solutions paired with AI-driven, cloud-friendly security technologies that deliver persistent identity assurance.
Contact the author at stephen.gunnion@proactiveinvestors.com