Recent Coverage
Recent
Coverage
Plurilock Security signs largest contract in its history
Plurilock has grown revenue by more than 146 times from C$480,000 in 2020 to C$70.42 million in 2023, and has taken in a further almost C$25 million through the first half of 2024. The company has paired this growth with consistently rising gross profits from C$2.48 million in 2021 to C$4.98 million in 2022 and C$5.85 million in 2023, plus an encouraging C$4.51 million combined across Q1 and Q2 2024.
So you gave personal info to a company caught in a data breach. Now what?
“It’s very easy and common to use the same password, or maybe you have a small list of passwords. But this is exactly what the bad guys prey upon,” Ian L. Paterson, CEO of Plurilock Security, said from Victoria.
“Whenever a password gets breached from a hack or a data breach, it’s very common for the bad guys to use bots to test that password and see where else that password can be used.”
SkillsPEI apologizes for privacy breach
Ian L. Paterson, a cybersecurity expert, told CBC News that although he thinks the risk in this situation is low, it’s still present.
“The challenge with any data breach is how that data can be used by bad guys,” said Paterson, who’s CEO of Plurilock Security.
Hackers claim they went after Canada’s gas infrastructure. Can renewables withstand the same cyberattacks?
There are many bad actors out there who would like to do harm, with varying motivations, said Ian L. Paterson, CEO of Plurilock, a Canadian cybersecurity company. Criminal organizations are often looking to make a buck by eliciting ransom payments from companies and organizations (as was the case with the 2021 Colonial Pipeline attack) or stealing data.
Cybergang behind N.S. breach says it erased stolen data, but experts urge caution
Ian L. Paterson, chief executive of the Vancouver-based cybersecurity company Plurilock, agreed that Clop is interested in the biggest payout possible, with minimal risk of getting caught. But like Abrams and Callow, he said it’s best to be suspicious about claims the data was erased.
Plurilock Security announces non-brokered private placement as company ramps up acquisition pipeline
Plurilock Security CEO Ian L. Paterson joined Steve Darling from Proactive to share news the company has has commenced a non-brokered private placement for total gross proceeds of up to 2,500,000 million dollars. Paterson shares with Proactive more about the private placement and how this move will help accelerate the company’s plans for revenue growth by acquisition. Paterson says the company will be very active with an eye on enhancing overall margins and driving towards profitability.
