29 December 2024

Howe Street Reporter Title

Plurilock Security (PLUR.V) finalizes patent pending with USPTO


Plurilock Security Inc. (PLUR.V) announced today that it has submitted documentation to finalize a patent pending with the United States Patent and Trademark Office (USPTO) that covers enhancement to the Company’s continuous authentication platform.

“With the well-documented shift to remote work environments such as virtual desktops due to the COVID-19 pandemic, we felt it was critical to expand our innovative technology to provide continuous authentication for users without compromising data latency…This patent is intended to be part of Plurilock’s ongoing strategy to strengthen its competitive moat in delivering state-of-the-art identity-centric cybersecurity solutions that can be implemented during remote work sessions for enterprise customers,” said Ian L. Paterson, CEO of Plurilock.

For context, Plurilock’s products include the Company’s ADAPT and DEFEND platforms. In particular, Plurilock’s DEFEND is intended to address a need for resources capable of detecting compromised credentials and sessions. DEFEND offers full-session detection, enabling the platform to know who is computing, not just at login but whenever work is happening on an open session. Additionally, DEFEND is compatible with standard keyboards and pointing devices and requires no new hardware for use.

Here’s the kicker. DEFEND is able to confirm a user’s identity in real-time. The platform checks a user’s identity continuously, every 3-5 seconds for the duration of open session work with no gaps or uncertainty. By utilizing the Company’s cutting-edge behavioral-biometric technology, DEFEND is able to assess a user’s unique keyboard and pointer movements to generate unordered numeric timing data. This data is then used to invisibly authenticate without additional friction or delays for the end-user.

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With this in mind, the patent application titled, “Side-Channel Communication Reconciliation of Biometric Timing Data for User Authentication During Remote Desktop Sessions,” documents a new side-channel for Plurilock’s continuous authentication solutions that will eliminate timing delays for authenticating user identity for remote work setups. According to the patent application documentation, the side-channel will allow the Company to solve for delays that result from working in a virtual desktop infrastructure environment, providing continuous authentication. Furthermore, this will enable Plurilock to protect devices from cyber attacks that target remote desktop data to steal credentials and user access.

“The filing of our provisional patent application validates our intention to create innovative authentication solutions that are designed to prevent, and address security challenges faced by the enterprise customers that have a growing remote workforce…As the world moves to remote work, we plan to develop more advanced continuous authentication solutions that can challenge the current industry standards while ensuring our clients’ workflow remains uninterrupted in and out of the office,” said Ian L. Paterson.

Plurilock began the patent application process for this innovation in November 2020, as previously announced on January 13, 2021. The Company has submitted documentation on the technology, which will undergo an assessment by the USPTO before the final patent is granted. Keep in mind, as a result of the COVID-19 pandemic, it is estimated that we will see 25-30% of the US workforce working from home on a multiple-days-a-week basis by the end of 2021.

Plurilock’s share price opened at $0.55, down from a previous close of $0.57. The Company’s shares are down -1.75% and were trading at $0.56 as of 10:11 AM ET.

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