2022-05-19 | TSXV:PLUR | Press release

The research report, titled “Innovation Insight for Biometric Authentication” provides key insights into biometric authentication that offers unique advantages over other credential-based methods

Vancouver, British Columbia–(Newsfile Corp. – May 19, 2022) – Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF) and its subsidiaries (“Plurilock” or the “Company”), a cybersecurity company focused on Identity Workforce Solution Provider, announced that the company was listed as a representative vendor in a 2022 report by Gartner Innovation Insight for Biometric Authentication.1

Gartner delivers actionable, objective insights to leaders and their teams.2 Gartner identified PlurilockMT as a representative seller for gesture and struck biometric authentication among the offers profiled in this search:

  • Gesture – “Uses pointing devices (mouse, trackpads) or touch screens (which support screen pressure as an additional measure). Often combined with manipulation and typing.”
  • Struck – “Keystroke dynamics, keyboard dynamics, typing rhythm:
    • Uses a physical or virtual keyboard.
    • This can be active, usually in conjunction with entering an old password, but sometimes in conjunction with a “drawn” password (e.g. BioMetric Signature ID).”3

According to Gartner, “Biometric authentication has a strong presence in the market. Biometric methods promise better user experience (UX), trust and accountability benefits than other credential-based methods and enable passwordless authentication, alone or in combination with other methods”.4 Additionally, Gartner recommends that those responsible for identity and access management and fraud detection “improve the authentication UX for employees and customers or build trust and accountability by implementing the biometrics alone or in combination with other credentials across a wide range of use cases, including identity lifecycle events, not just interactive login.”5

On May 11, 2022Plurilock has announced a new feature for its leading behavioral biometrics solution, Plurilock DEFENDMTwhich will allow the technology to extend its continuous identity assurance capabilities to Amazon WorkSpaces virtual sessions.

“We believe our inclusion as a representative vendor in this Gartner report validates Plurilock’s position as a leading player in the zero-trust identity space,” said Plurilock CEO Ian L. Paterson. . “In our view, this inclusion also demonstrates the company’s work in line with our strategy to acquire profitable cybersecurity companies with great customers and to deliver industry-leading identity confirmation solutions that protect the workforce. »

Disclaimer:

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the United States and internationally and is used herein with permission. All rights reserved.

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, express or implied, with respect to this research.

About Plurilock

Plurilock provides identity-centric cybersecurity for today’s employees. The Plurilock family of companies enables organizations to operate securely while reducing cybersecurity friction. Plurilock offers world-class IT and cybersecurity solutions through its Solutions division, combined with proprietary, AI-based, cloud-enabled security through its Technology division. Together, the Plurilock family of companies delivers persistent identity assurance with unparalleled ease of use.

Plurilock is a proud member of the AWS Partner Network (APN), which will facilitate our ability to continuously innovate and deliver the best solutions to our customers.

For more information, visit https://www.plurilock.com or contact:

Ian L. Paterson

Chief executive officer

ian@plurilock.com

416.800.1566

Roland Sartorius

Financial director

roland.sartorius@plurilock.com

Prit Singh

Investor Relations

prit.singh@plurilock.com

905.510.7636

Forward-looking statements

This press release may contain certain forward-looking statements and information (collectively, “forward-looking statements”) relating to future events or Plurilock’s future business, operations, performance and financial conditions. Forward-looking statements normally contain words such as “will”, “intend”, “anticipate”, “could”, “should”, “may”, “could”, “expect”, “estimate “plans”, “plans”, “potential”, “projects”, “assumes”, “considers”, “believes”, “should”, “scheduled”, and similar terms. Forward-looking statements are not guarantees of future performance, actions or developments and are based on expectations, assumptions and other factors that management currently believes to be relevant, reasonable and appropriate in the circumstances.Although management believes that the forward-looking statements contained in the statements are reasonable, actual results could differ materially due to risks and uncertainties associated with and inherent in Plurilock’s business.Additional material risks and uncertainties applicable to the forward-looking statements herein include, without limitation, the impact of general economic conditions, the success of the Company in obtaining new or extended contracts or orders; the Company’s ability to retain existing customers or develop new customers; the Company’s ability to successfully integrate acquisitions of other businesses and/or companies or realize the expected benefits therefrom; and unforeseen events, developments or factors causing any of the foregoing expectations, assumptions and other factors that ultimately prove to be inaccurate or irrelevant. This list is not exhaustive of factors that could affect the Company’s forward-looking statements. Many of these factors are beyond Plurilock’s control. All forward-looking statements included in this press release are expressly qualified in their entirety by these cautionary statements. The forward-looking statements contained in this press release are made as of the date hereof, and Plurilock undertakes no obligation to publicly update or revise any of the forward-looking statements included, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. The risks and uncertainties relating to the business of the Company are further described under the heading “Risk Factors” in its most recent Annual Information Form. They are also disclosed in its documents filed with the securities authorities available on SEDAR at www.sedar.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

  1. Gartner, Innovation Insight for biometric authenticationAnt Allan and Tricia Phillips, April 22, 2022.
  2. https://www.gartner.ca/en/about
  3. Gartner, Innovation Insight for Biometric AuthenticationAnt Allan and Tricia Phillips, April 22, 2022.
  4. Gartner, Innovation Insight for biometric authenticationAnt Allan and Tricia Phillips, April 22, 2022.
  5. Gartner, Innovation Insight for Biometric AuthenticationAnt Allan and Tricia Phillips, April 22, 2022.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/124580

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