Plurilock Security Inc. (TSX-V:PLUR) announced that it has submitted a non-provisional patent application with the United States Patent and Trademark Office (USPTO) for an innovative forensic attribution technology enhancement.
The patent application, titled ‘Forensics Analysis for Malicious Insider Attack Attribution based on Activity Monitoring and Behavioral Biometrics Profiling’, documents Plurilock's forensic attribution technology, the company said. The new filing is intended to expand on Plurilock's zero-trust technology portfolio, strengthening its competitive moat.
The Vancouver-based company added that when the technology is paired with its continuous authentication solution Plurilock DEFEND, it assists organizations in assessing user data and narrowing down individuals that could have been involved in an insider threat attack, based on their behavioral biometrics profile.
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"Insider threat is becoming a growing concern for enterprises and existing software and tools often provide little to no information on the execution mode of the attack or the attackers' identity," said Ian L Paterson, CEO of Plurilock.
He noted: "This patent is intended to be part of Plurilock's ongoing strategy to strengthen its competitive moat and pairs this new technology with our existing cutting-edge continuous authentication solutions to provide insider threat insights in a way no other product in the market can."
The innovation, developed within the company's technology division, was created with the goal of providing detailed data that a company's security analyst team could use to clearly identify and mitigate these threats, the company said.
During an insider attack, an individual within the organization performs a malicious activity for personal or financial gain that can pose a significant threat to the company. According to Bitglass, 61% of companies experienced an insider attack in 2020.
Plurilock noted that this filing is a follow-up on a provisional patent filed in March 2021 for the technology, as previously announced on April 27, 2021. This documentation will undergo an assessment by the USPTO before the final patent is granted.
Plurilock provides identity-centric cybersecurity for today's workforce. The Plurilock family of companies enables organizations to operate safely and securely while reducing cybersecurity friction.
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