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After Suncor incident, Plurilock says cybercrime ‘on the rise’

Defence, Market News, Technology
TSXV:PLUR
27 June 2023 10:21 (EDT)

Source: Plurilock Security.

Plurilock Security Inc. (TSXV:PLUR) has released a statement on the recent cyber incident involving Suncor Energy Inc. (TSX:SU).

Responding to this incident, Plurilock’s CEO, Ian L. Paterson said in a news release that cybercrime within the North American critical infrastructure sector is on the rise.

“Following the 2021 Colonial Pipeline ransomware attack, Plurilock has seen a trend in which oil and gas companies have become primary targets for cybercriminals, and we believe that similar incidents will continue to occur in the near future,” Paterson said. “We encourage all businesses, regardless of industry, to strengthen their cyber defenses and adhere to a zero-trust policy to ensure that cybersecurity requirements are met and society’s most critical assets are secure.”

Over the weekend, Suncor stated that it had experienced a cybersecurity breach but is unaware of any evidence of any compromised information.

Plurilock Security Inc. provides identity-centric cybersecurity for today’s workforces. Plurilock offers IT and cybersecurity solutions through its Solutions Division, paired with proprietary, AI-driven and cloud-friendly security through its Technology Division.

Plurilock Security Inc. (PLUR) opened trading at $0.14 per share.

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