Plurilock Security Inc. (OTCMKTS:PLCKF) (CVE:PLUR) Stock Continues to Trade in a Range
Plurilock Security Inc. (OTCMKTS:PLCKF) (CVE:PLUR) is moving in a range after announcing the submission of a patent claim that is not proviosnalto the US Patent and Trademark Office for a proprietary forensic attribution tech enhancement.
Market Stats
On Wednesday, PLCKF stock ended flat $0.3240 with 21K shares, compared to its average volume of 13K shares. The stock has moved within a range of $0.3240 – 0.3240 after opening trading at $0.3302.
Plurilock Submits Non-Provisional U.S. Patent Application for Insider Threat Protection Technology
The patent seeks to expand the company’s zero-trust tech portfolio and enhance its competitive edge. The patent claim is entitled “Forensics Analysis for Malicious Insider Attack Attribution based on Activity Monitoring and Behavioral Biometrics Profiling.” The application details Plurilock forensic attribution tech that, once combined with Plurilock DEFEND, the continuous verification solution, helps companies to assess user information and pinpoint people that could be engaged in insider threat attacks as per their behavioral profiling.
The novel creation, developed under Plurilock’s Technology Division, seeks to offer detailed information that an organisation’s security analysis team can use to identify threats and mitigate them. For instance, an insider threat will occur when a company member engages in malevolent behavior posing a serious risk to the organisation. So PLCKF is worth watching.
Key Quote
“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 PlurilockTM. “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.”
Traders Corner
PLCKF stock is trading above the 20-Day and 50-Day Moving averages of $0.33 and $0.34 respectively. However, the stock is trading below the 200-Day moving average of $0.42.
