Plurilock Security Inc (CVE:PLUR) (OTCQB:PLCKF) said it has secured a purchase order worth US$500,000 from a California state utility resource organization through a state-wide contract.
The purchase order adds to a spate of recent contract wins for the cybersecurity solution provider. Including the latest order, contracts signed by Plurilock since May 2021 represent a combined total of nearly US$3.81 million in sales.
READ: Plurilock secures US$146,000 order from California healthcare organization
Plurilock said the newly secured purchase order is part of its continued efforts to secure larger contracts with organizations across different key industry verticals. For this new order, the company will provide the California state utility resource organization with the renewal of their Earthsoft EQuiS data management software licenses, as well as implementation and maintenance support.
“Being a trusted advisor and solution provider to government agencies and utility organizations is crucial today, particularly in light of recent news that technology company Kaseya's network management and remote control software was compromised in a ransomware attack,” the company said in a statement.
“The attack was allegedly perpetrated by the Russia-linked REvil ransomware-as-a-service group, impacting over 1,000 businesses in 17 countries, and causing disruptions to business operations and supply chains, following similar ransomware attacks at Colonial Pipeline, SolarWinds, and JBS Meats.
“These attacks underscore the importance for organizations to have trusted IT and cybersecurity advisors to turn to in the event of cyber incidents,” Plurilock added.
Plurilock also announced it has completed its US$1.15 million order with the US Department of the Navy. Under the agreement, it provided the navy with hardware, procured as part of the National Aeronautics and Space Administration's Solution for Enterprise-Wide Procurement, a US government-wide acquisition contract vehicle.
Victoria, British Columbia-based Plurilock provides MFA and true continuous authentication using AI-driven behavioral biometrics to confirm a user’s identity.
Unlike competing MFA solutions, Plurilock does not require users to complete lengthy login workflows using mobile messaging or code generators and, unlike competing continuous authentication solutions, the company provides true full-workday authentication in the background.
Contact the author at stephen.gunnion@proactiveinvestors.com