Plurilock Announces Fall 2021 Product Release

Vancouver, British Columbia--(Newsfile Corp. - November 30, 2021) -  Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF) and related subsidiaries ("Plurilock" or the "Company"), an identity-centric cybersecurity solutions provider for workforces, has announced the availability of its Fall 2021 product release ("Fall '21").

Plurilock^TM product releases provide additional features and enhanced functionality for Plurilock's zero trust authentication solutions, including Plurilock ADAPT^TM, a standards-based login multi-factor authentication (MFA) and Plurilock DEFEND^TM, a continuous authentication solution.

Early Access for Enhanced DEFEND Policy Alerts

Included in the Plurilock Fall '21 product release is advanced customization of DEFEND alerts. System administrators can now further define security risk event parameters to generate customized alerts and assign enforcement actions. This new feature provides ease of use for enterprise clients with large user base, to more easily manage high risk security events, generated using DEFEND's behavioral-biometric technology.

New DEFEND User/Agent Explorer

As part of the Plurilock Fall '21 product release, users will now be able to access a new DEFEND user/agent explorer to quickly access lists of users and agents, as well as their status. This feature provides powerful user/agent filtering controls and ease of use for identifying users in enterprise security environments.

New DEFEND Group Setting Policies

For the Plurilock Fall '21 product release, DEFEND administrations will now be able to create user groups and configure security event policies by group. This functionality allows for enhanced enforcement actions for users with a high level of privileged access, to protect against the increased threat of credential compromise for those accounts.

This feature reduces friction for users with minimal privileged access, allowing for decreased enforcement measures so that work can still be performed following a high-risk event. Additionally, it provides administrators with the ability to tailor the volume of data being pumped into a security information and event management (SIEM) to prevent alert fatigue and data overload for security operations center (SOC) analysts.

Early Access to ADAPT Administration via Browser

For the Plurilock Fall '21 product release, administrators will have access to the ADAPT console within a browser. This feature adds simplicity for viewing detailed logs and performing user management tasks.

Impact and Availability

This latest product release focuses on tools to support administrators in successfully using the technology in an enterprise setting, focusing on ease of use, more granular controls, enhanced monitoring and visibility tools, reduced alert and SIEM traffic, and compatibility with existing cybersecurity tools.

"For this product release, we are committed to rolling out enhanced features to serve enterprise environments," said Ian L. Paterson, CEO of Plurilock. "These new features provide additional ease of use for administrators operating in an enterprise environment with a large user base and are part of our ongoing efforts to enhance DEFEND's performance to protect against the growing cyber threat."

Some of the Plurilock Fall '21 product release features are already in production for Plurilock customers. All early access features will be made available to select customers beginning this month with general availability in Q1 2022.

About Plurilock

Plurilock provides identity-centric cybersecurity for today's workforces. The Plurilock family of companies enables organizations to operate safely and securely while reducing cybersecurity friction. Plurilock offers world-class IT and cybersecurity solutions through its Solutions Division, paired with proprietary, AI-driven and cloud-friendly security through its Technology Division. Together, the Plurilock family of companies delivers persistent identity assurance with unmatched ease of use.

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

Ian L. Paterson
Chief Executive Officer
ian@plurilock.com

416.800.1566

Roland Sartorius
Chief Financial Officer
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 forward-looking information (collectively, "forward-looking statements") related to future events or Plurilock's future business, operations, and financial performance and condition. Forward-looking statements normally contain words like "will", "intend", "anticipate", "could", "should", "may", "might", "expect", "estimate", "forecast", "plan", "potential", "project", "assume", "contemplate", "believe", "shall", "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 are relevant, reasonable, and appropriate in the circumstances. Although management believes that the forward-looking statements herein are reasonable, actual results could be substantially different due to the risks and uncertainties associated with and inherent to 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 maintain existing customers or develop new customers; the Company's ability to successfully integrate acquisitions of other businesses and/or companies or to realize on the anticipated benefits thereof; and unforeseen events, developments, or factors causing any of the aforesaid expectations, assumptions, and other factors ultimately being inaccurate or irrelevant. This list is not exhaustive of the factors that may affect the Company's forward-looking statements. Many of these factors are beyond the control of Plurilock. 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 at the date hereof, and Plurilock undertakes no obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required by applicable securities laws. Risks and uncertainties about the Company's business are more fully discussed under the heading "Risk Factors" in its most recent Annual Information Form. They are otherwise disclosed in its filings with securities regulatory authorities available on SEDAR at www.sedar.com.

Neither 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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/105682