Growth Of Remote Workspaces Reinforces The Need for Effective Cybersecurity
The pandemic has resulted in many office-based teams adapting to a work-from-home environment. This new working infrastructure has also forced numerous security operation centers (SOC) to work remotely, while simultaneously having to deal with an increased number of cybersecurity threats. “Working remotely is subject to distractions that you would not typically have in a physical SOC, such as family, friends, pets, roommates or even not having a good home setup, such as working from the couch versus your typical desk,” Chris Triolo, Vice President of Respond Software explained, according to a report by ZDNet. The recent major hack of SolarWinds, which compromised federal agencies and thousands of companies worldwide who use SolarWinds’ Orion software to monitor their computer networks, was also a major wakeup call to the industry. Plurilock Security Inc. (TSX-V: PLUR) (OTC: PLCKF), Qualys, Inc. (NASDAQ: QLYS), CrowdStrike Holdings, Inc. (NASDAQ: CRWD), Ping Identity Holding Corp. (NYSE: PING), Proofpoint, Inc.
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Several tech companies, including Microsoft, have since commented on the hack, with the technology conglomerate explaining in a blogpost that “this latest cyber-assault is effectively an attack on the United States and its government and other critical institutions, including security firms. It illuminates the ways the cybersecurity landscape continues to evolve and become even more dangerous. As much as anything, this attack provides a moment of reckoning. It requires that we look with clear eyes at the growing threats we face and commit to more effective and collaborative leadership by the government and the tech sector in the United States to spearhead a strong and coordinated global cybersecurity response.” Overall, the global cyber security market size overall was valued at USD 156.5 Billion in 2019 and is expected to expand at a compound annual growth rate (CAGR) of 10.0% from 2020 to 2027, according to data by Grand View Research.
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Plurilock Security Inc. (TSX-V: PLUR) (OTC: PLCKF) announced yesterday breaking news that, “the Company has a patent pending with the United States Patent and Trademark Office to document a new form of continuous authentication.
The application covers a continuous authentication method to validate and confirm the identity of a user during remote work. The process involves comparing the digital user’s distinct and unique patterns (i.e., keystrokes) with patterns previously collected, while enabling the user to work on a remote device and/or in a remote setting without any interruption. Plurilock’s latest continuous authentication method, as documented in the patent pending application, will enable companies to constantly authenticate the identity of their employees and staff even though the user is completely ‘invisible’ to them.
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