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2 cybersecurity stocks unite to protect infrastructure and economies

Market News, Technology
TSXV:PLUR
10 October 2024 12:56 (EDT)
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Plurilock Security (TSXV:PLUR) and CrowdStrike (NDAQ:CRWD) have formed a partnership to secure critical infrastructure and economies against modern threats.

Plurilock will offer sales and support for the AI-driven CrowdStrike Falcon cybersecurity platform, enhancing its critical services business unit.

The two cybersecurity stocks will work together to implement the Falcon platform and associated Plurilock Critical Services for key customers aiming to modernize or optimize their security operations in response to today’s increasing threat landscape. Both companies bring extensive expertise in AI and cybersecurity, with Plurilock originating as an AI-focused cybersecurity research spin-out, and CrowdStrike delivering the world’s most advanced AI-native cybersecurity platform.

“Plurilock Critical Services secures enterprise customers that are of key importance to the world’s democracies-and that are increasingly targeted by sophisticated attacks,” Plurilock’s CEO, Ian L. Paterson said in a news release. “The CrowdStrike Falcon platform enables our critical services team to consolidate point products, remove complexity, and deliver comprehensive visibility and real-time protection across the enterprise. This partnership enables us to provide some of the most demanding customers in existence with the solution best able to address the threats they currently face.”

“Collaborating with innovative partners like Plurilock is core to CrowdStrike’s mission of stopping breaches,” CrowdStrike’s chief business officer, Daniel Bernard added. “Plurilock customers are targeted by the world’s most sophisticated adversaries and require the most advanced technology and elite services to safeguard their critical assets.”

Plurilock is a global cybersecurity company dedicated to detecting, preventing and defending against data breaches and cyberattacks.

CrowdStrike Holdings Inc. is one of the most popular cybersecurity companies with more than 20,000 subscription customers across the globe. The company boasts that more than half of Fortune 500 companies use its Falcon platform, which is designed for cybersecurity consolidation, purpose-built to stop breaches. CrowdStrike made headlines around the world in July when its software glitch caused global tech outages that scrambled operations.

CrowdStrike Holdings stock (NDAQ:CRWD) opened trading at US$297.72 and has grown 21.24 per cent since the year began.

Plurilock Security stock (TSXV:PLUR) opened trading at $0.62 and has risen 3.33 per cent since the beginning of the year.

Join the discussion: Find out what everybody’s saying about this cybersecurity stock on the Plurilock Security Inc. Bullboard and the CrowdStrike Holdings Inc. Bullboard, then check out the rest of Stockhouse’s stock forums and message boards.

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