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The Markets
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Tech

Plurilock receives US$185,000 order from US Department of the Treasury

Plurilock will provide on-site residency professional services to support the government’s data protection solutions

Plurilock Security Inc., an identity-centric cybersecurity solution provider, said it has received a US$185,000 order from the Internal Revenue Service (IRS) bureau of the US Department of the Treasury. The order is s part of the National Aeronautics and Space Administration’s (NASA) Solution for Enterprise-Wide Procurement (SEWP) program, a US Government-Wide Acquisition Contract Vehicle (GWAC).

According to the purchase order, Plurilock will provide on-site residency professional services to support the government’s data protection solutions. The company said the latest contract aligns with its stated goal to expand within the government and financial verticals.

“The IRS serves as the United States’ federal tax collection agency and is responsible for overseeing the administration of the Internal Revenue Code enacted by the US Congress,” the company said in a statement.

“This order is part of a new contract established between the US Department of the Treasury and Plurilock through the SEWP V program.”

READ: Plurilock receives US$418,000 order from US defense contractor

Plurilock noted that experienced cybersecurity and IT support vendors represent a crucial component of a strong cybersecurity posture for government agencies, particularly those in the financial sector.

Earlier this year, over 15 years of confidential data from the Internal Revenue Service was leaked as part of a ProPublica investigation. Additionally, for the first part of 2020, financial firms experienced a 238% increase in cyber attacks.

Including the latest order, Plurilock said all contracts and orders announced since April 2021 represent a combined total of roughly US$11.70 million in sales.

The Plurilock family of companies enables organizations to operate safely and securely while reducing cybersecurity friction. Plurilock offers world-class IT and cybersecurity solutions through its Solutions Division, paired with proprietary, AI-driven and cloud-friendly security through its Technology Division.

Contact the author at stephen.gunnion@proactiveinvestors.com

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