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Jan 4, 2018 in Member Spotlights, News by DIACC
Spotlight on Plurilock
1. What is the mission and vision of Plurilock?
Plurilock's mission is to provide the most reliable, continuous proof-of-presence and identity assurance cybersecurity solution to protect government agencies and corporations from insider threats. Using behavioral analysis, machine learning and a frictionless user experience, Plurilock's system detects and stops suspicious behavior in real time to secure the organization and solve compliance challenges without interfering with user productivity.
2. Why is trustworthy digital identity critical for existing and emerging markets?
Nearly every day it seems, we hear news of yet another high-profile data breach involving insider threats, and statistics show that some 2,500 such incidents occur in businesses every day. While most of these are the result of accidental or careless user activities, we can't ignore the fact that malicious cyberattacks are also on the rise, making insider threats a major national security risk for government agencies, not to mention a threat to the financial and IP security for businesses and our overall economy. Companies are spending more on cybersecurity than ever, yet still not getting the robust security and peace of mind they need.
As the threat landscape heats up, businesses and governments need solutions that can stay ahead of the attackers, and the ability to provide continuous, trustworthy identity assurance is critical in doing so. Other solutions, like two-factor authentication, CAC and even biometric authentication, provide only a single point in time user validation at log-in, but do nothing to continuously validate that the current user is the authorized user—if an employee gets up and walks away from a workstation or loses a laptop with credentials saved, this creates an opportunity for a breach. Not to mention, most other systems do not protect against lost, stolen or counterfeit credentials, and because these events can go unnoticed or unreported, it takes an average of 200 days to even detect an insider breach. By that time, significant—if not devastating—damage can be done.
Continuous, real-time proof of presence technology overcomes those hurdles, detecting and stopping even unknown threats before they can inflict damage. This allows businesses and agencies to operate confidently, with peace of mind, and focus on achieving key business objectives rather than constantly looking over their shoulders or remediating threats.
3. How will digital identity transform the Canadian and global economy? How does Plurilock address challenges associated with this transformation?
The trend toward digitizing products and services depends on a solid foundation of core applications: secure payments, secure connectivity and assured identity. Reliable solutions in these three areas are in extremely high demand on a global scale and across every market sector. By taking a leadership role in digital identity, Canada can enable the next generation of innovation (be they blockchain, quantum, or otherwise), both domestically and around the world by safeguarding the networks and IP of both businesses and government organizations.
Plurilock provides one of the most reliable and robust solutions for enabling this transition to digital identity. By leveraging artificial intelligence and machine learning technologies, our solution provides a frictionless service that just works, without interfering with user efficiency and productivity. Not only does it detect and stop an intrusion in under 5 seconds, allowing organizations to move quickly to protect themselves, but it also saves a tremendous amount of time and money typically invested in identifying and remediating threats and breaches—resources that companies can instead invest in business-driven initiatives.
4. Why did Plurilock join the DIACC?
We believe that a strong economy depends on safety and security, and that's doubly so in cybersecurity. We support DIACC's mission in this regard, and look forward to collaborating with the organization and its members to develop secure, scalable digital identification and authentication solutions that enable economic growth.
5. What else should we know about Plurilock?
Plurilock is the only behavior-based, real-time authentication system on the market that works by identifying authorized users by their behavior patterns—how they use their mouse, keystroke speed, and other unique attributes. After just a few minutes of learning, the software builds a behavioral profile of each user and then continuously verifies every 3-5 seconds that the current user is the authorized user. When suspicious behavior is detected, the software challenges the user to re-authenticate, quarantines the threat and/or alerts management and security teams in real-time.
Our solution is built upon 30,000 hours of research and has been awarded 3 U.S. patents. We are honored to have among our team of advisors some of the western hemisphere's leading cybersecurity visionaries, including former director of the U.S. National Security Agency, Vice Admiral Mike McConnell, and several retired and current NSA and Department of Homeland Security executives.
Jan 19, 2021 in Member Spotlights by DIACC
Spotlight on ECAD Labs Inc.
1.What is the mission and vision of ECAD Labs Inc.? At ECAD Labs Inc., our mission is to increase the GDP of the blockchain economy by creating safe and easy-to-use software development tools for blockchain...
Spotlight on Ernst & Young
DIACC is very pleased to welcome EY. In this member spotlight, DIACC President Joni Brennan interviews Abhishek Sinha, Peter Law, and Atul Ojha to hear their thoughts on digital ID and the great work that...
Jan 5, 2021 in Member Spotlights by DIACC
Spotlight on ApplyBoard
1.What is the mission and vision of ApplyBoard? ApplyBoard believes that education is a right, not a privilege. The company empowers prospective international students around the world to access the best education by simplifying the...
Dec 8, 2020 in Member Spotlights by DIACC
Spotlight on FaceTec
1.What is the mission and vision of FaceTec? FaceTec's mission is to end identity theft and protect privacy by ensuring access to important accounts and information is only available to their legal owners. FaceTec's state-of-the-art...
Spotlight on Acuant
1.What is the mission and vision of Acuant? Acuant's mission is to power trust. We do this by enabling trusted transactions that are privacy minded, putting consumers in control of their data and minimizing risk....
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