Plurilock Security Inc (PLUR.V) Canadians value identity AI Cyber Security solution company. The cybersecurity company offers multi-factor authentication (MFA) solutions using behavioral biometric, environmental, and contextual technologies.
Today, Plurilock is A $2.5 million three-year sales order from a U.S. hospital system.
The sale provides several key enterprise cybersecurity capabilities and expands on the solution the company first delivered to hospital systems in October 2022. The sale was completed through the company’s Aurora East team, which was acquired as part of Atrion Communications Inc. Asset acquisition in September 2022.
Ian L. Paterson, CEO of Plurilock, said: “With New York first to announce hospital cybersecurity requirements, we expect hospital systems across the country to continue accelerating their investments in cybersecurity.” The fact that this is a repeat order to scale all depends on how Plurilock helps keep hospital systems safe, the effectiveness of Plurilock’s impressive Atrion team, and our strategy to scale commercially through smart has shown widespread success in laser-focused M&A activity.
Cybersecurity is a growing concern for healthcare and hospital systems. Cybersecurity attacks have proliferated in recent years, putting the medical data of millions of patients at risk, leading in part to New York state’s proposed new cybersecurity rules for hospitals. . December 6thth2023.
This trend of increasing risk in healthcare is consistent with trends in nearly every industry, demonstrating the growing importance of cybersecurity for all types of organizations in North America and beyond.
The stock was showing signs of bottoming out in the range, indicating that the selling pressure was wearing out. However, as stated in many articles, a close above the current low high is the key to a trend reversal. This did not happen, and the stock continues to trend downward.
It’s at a new all-time low, and the stock needs to close above $0.05 for the breakdown to be invalidated. The current downside high is in the $0.07 zone.