Special Report: The New Digital Frontline

The Race to AI: Securing North America’s Digital Frontline

Disseminated on behalf of Plurilock Security Inc. Please see the disclaimer below.
How Plurilock Security Inc. (OTCQB:PLCKF, TSXV:PLUR)
is protecting North America’s government agencies and some of the world’s largest corporations from next-generation cyber threats.

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“This is an urgent security threat. We must act immediately to prevent hostile foreign governments from accessing sensitive data through AI tools like DeepSeek.”
– U.S. National Security Official.
Earlier this year, DeepSeek took the U.S. by storm, quickly becoming the most downloaded free app on the iOS App Store.i  Marketed as a competitor to OpenAI’s ChatGPT and Google’s Gemini, its rapid adoption has raised alarms among cybersecurity experts and government officials.ii

But behind DeepSeek’s polished interface lies a serious and immediate national security risk. The model has direct ties to Chinese state-controlled entities, and cybersecurity researchers have uncovered that it actively transmits user data to Chinese servers, with links to China Mobile, a government-owned telecommunications giant.iii

Unfortunately, DeepSeek is just the latest—and one of the most dangerous—examples of how nations like China and North Korea are increasingly using cyber capabilities to target critical infrastructure.

Chinese cyber espionage has surged by 150% in the past year, driven by AI-powered tactics that make attacks more effective and harder to detect. China’s growing hacking capabilities, combined with AI-driven speed, enable state-sponsored groups to breach government and corporate networks faster than ever before.iv

Reuters recently highlighted the scale of this threat, revealing that Chinese cyberattacks on Taiwan’s government averaged 24 million attacks per day in 2024, as part of a broader effort to steal intelligence, disrupt systems, and manipulate critical data.v  

North Korea is also advancing its cyber capabilities, with over 50 suspected cyberattacks under investigation by the U.N., some of which have resulted in the theft of nearly $3 billion in cryptocurrency and assets. These operations target everything from financial institutions to global supply chains, using cybercrime as a key funding mechanism for the regime.vi

Given this rapidly evolving threat landscape, the need for cutting-edge cybersecurity has never been more urgent. Organizations, agencies, and infrastructure operators must act swiftly to ensure they are prepared for the risk of digital breaches.

Cybercrime Damages Soar To $10.5 Trillion Annually

Cybersecurity Ventures predicts the price tag of cybercrime damage will reach $10.5 Trillion annually by 2025, representing a 15% year-over-year growth since 2021.vii  To put that into perspective, if cybercrime were measured as a country, it…

“would be the world's third-largest economy after the U.S. and China"viii

Over this same time span, the cybersecurity market itself is set to exceed $1.75 trillion in cumulative spending.ix

And according to Gartner Research, it’s following a similar trajectory to the rate of damages.  In just the space of one year – from 2023 to 2024, global cloud security and risk management spending shot up by 14.3% to hit $215 billion.x

Cybercrime has had such an impact in the U.S. that a supervisory special agent with the FBI made a concerning claim to the Wall Street Journal a few years back. He stated that every American citizen should expect that ALL of their personally identifiable information is likely available on the dark web.xi  

Estimates put the size of the dark web at as much as 5,000 times larger than the traditional internet and growing at a “rate that defies quantification.”xii

Now keep in mind, as an increasing number of institutions move their critical data to cloud-based systems, this need will continue to spike. By 2025, the world will need to protect 200 Zettabytes of data.xiii  That’s equivalent to 200 billion terabytes, to offer a point of reference.

The sheer volume of data requiring protection creates an enormous market for cybersecurity solutions.  And as one of the trusted providers to Global 2000 companies and North American government agencies, Plurilock Security (TSX:PLUR, OTC:PLCKF) is bringing next-generation solutions for this growing conflict.

Trusted To Safeguard The Most Sensitive Data Systems

Plurilock Security (TSXV:PLUR, OTCQB:PLCKF) stands at the frontlines of this new battlefield, providing the advanced AI-driven security solutions necessary to detect, neutralize, and recover from sophisticated cyber threats.

A clear testament to the company’s credibility and efficacy, Plurilock serves high-profile clients and federal agencies, including more than 30 government departments across North America:
In addition to its U.S. operations, Plurilock Security (TSXV:PLUR, OTCQB:PLCKF) has a strong presence across Canada, where they have been working with key government entities such as the Department of National Defence and the Canadian Air Transport Security Authority.

While long-term government contracts make up over 50% of Plurilock’s business, it also has a diverse enterprise client list that includes publicly traded Global 2000 companies.xiv  Though the company must keep its customers confidential, the list includes major hospitals, key airports, and large pharmaceutical and global semiconductor companies, amongst many others.

In fact, the company  recently announced a $21.2 million cybersecurity contract with a prominent semiconductor company that’s listed on both the NASDAQ 100 and S&P 500 indexes.

This contract is Plurilock's largest yet and underscores its strategy to expand into non-governmental sectors. The contract highlights the company’s commitment to scale their high-margin business lines, with Plurilock showing a 38% rise in gross margins in the last year to 14.2%.xv  That strategy has proved effective, with the company reporting a myriad of new contracts in the last year, including:
• Nasdaq 100 and S&P 500-listed semiconductor company: $21.2M
• U.S. public library: $4.7 million
• U.S. Department of Treasury: $6.16 million
• U.S. hospital system: $2.5 million
• U.S. Fortune 50 conglomerate: $1.1 million
• Major semiconductor manufacturer: $1.7 million
• Department of National Defence: CAD $2.5 million
• Canadian Law Enforcement Agency: CAD $5.4 million
• Major laboratory data and advisory firm: $814,000
• United States Department of Transportation: $215,000

Experts In Cybersecurity, AI, and Governance

Plurilock Security (TSX:PLUR, OTC:PLCKF) has cultivated an ecosystem of high-level defenders working to protect our cyber shores.

Many members of Plurilock’s leadership, board of directors, and advisory have operated at the top reaches of America’s intelligence and cybersecurity apparatus. They understand the stakes.
Vice Admiral Mike McConnell
Board of Advisory

Retired Admiral Mike McConnell, who, in addition to his time in the Navy, served as the head of the NSA and the Director of National Intelligence. He’s also served the private sector as Vice Chair of Booz Allen Hamilton.
Vice Admiral Jan Tighe
Board of Advisory

Dr. Jan Tighe, retired Admiral in the US Navy, former deputy chief of the Navy’s cybersecurity department and former Director of Naval Intelligence. She currently serves on the boards for Goldman Sachs and General Motors.
Patrick Gorman
Board of Advisory

Patrick Gorman, the former CIO for the US Intelligence Community, and the former head of cybersecurity for Bank of America, Merrill Lynch, and Bridgewater.
Ed Hammersla
Board of Directors

Former president of Raytheon Cyber Products, where he sustained double-digit growth in revenue while coordinating M&A activity that led to the creation of Forcepoint.
Joe Sexton
Board of Advisory

Former director of Crowdstrike, former President of Worldwide Field Operations for AppDynamics (acquired by Cisco), a leader in application intelligence, and former Executive Vice President of Worldwide Sales at McAfee
H. Bryan Cunningham
Board of Advisory

Former White House cybersecurity and national security lawyer, as well as longtime Palantir senior advisor. Mr. Cunningham served as Deputy Legal Advisor to the National Security Council and as a decorated career CIA officer.

A Cybersecurity Firm For Today’s World

Plurilock’s team of professionals are devoted to a primary goal – defending North America’s  infrastructure, one company and agency at a time.

The Plurilock family of companies, which includes subsidiaries Aurora and Integra, provide cybersecurity, software engineering, advanced services, and IT solutions to public and private organizations around the globe.

For more than 30 years, the company has combined their longstanding expertise and in-house technology - with leading products and services from across the industry -  to deliver end-to-end solutions.

This tight integration between diverse departments makes Plurilock an exceptionally unique player in the cybersecurity sector.

It means Plurilock has the capabilities of a strategic consultancy, a dedicated professional services provider, and a value-added reseller – each working in concert to address complex challenges and expedite projects for their clients.

And due to a vendor list that measures into the millions of SKUs, along with deep industry relationships, Plurilock can do it at a fraction of the cost.

Their comprehensive approach was designed to accelerate margin expansion, through the deployment of three distinct but integrated business pillars.

Plurilock’s Critical Services Division

The Critical Services Division acts as a one-stop shop that any company or agency can use to harden their systems against cyberattacks. From start to finish, the Critical Services Division has the versatility to design a system custom-fit to the organization's needs.

Instead of asking a CTO or government employee to sift through dozens of programs and vendors to find everything they need for a secure system, Plurilock does the work for them — and at better rates, thanks to bulk agreements with many of their top-tier commercial partners.

Launched earlier this year, it’s expanding at a breakneck pace.  Based on second quarter financials, the critical services division is leading margin expansion, with a 144% increase in gross margin.

Plurilock can put tools in place to harden network infrastructure, monitor for suspicious activity, and implement safeguards to aid recovery should any cyberattack make it through defenses.

Their long list of measures and counter measures are designed to keep sensitive data secure, and systems running at peak performance.

When you factor everything in, Plurilock has millions of potential solutions at its fingertips — and selects the correct ones for any given circumstance. That is a service almost wholly unique in the cybersecurity world — especially amongst publicly-traded businesses.

Plurilock’s Solutions Division

The Solutions Division acts as a base through which services and SaaS sales are made. Through subsidiaries, Aurora and Integra, Plurilock sells IT and cybersecurity solutions to established clients, including Canadian and U.S. Federal and State agencies.

Plurilock AI SaaS Platform

Plurilock’s proprietary SaaS-based security platform offers an all-in-one identity and data protection platform to reduce risk and comply with regulations.

The mature software is in use by hundreds of customers across the globe, providing a range of security capabilities designed to protect employee identities and data, including single sign-on (SSO), multi-factor authentication (MFA), and continuous authentication using behavioral biometrics.  

And in an environment where organizations and corporations are regularly utilizing A.I.-driven tools, Plurilock stands out as an early provider of data leak protection and anonymization for ChatGPT.

Revenue Growth Nearly Doubled Over 24 Months

Plurilock’s market approach is synergistic. By leveraging its Solutions Division to establish relationships and create a base of customers, they can more easily be transitioned to higher-margin Critical Services and proprietary SaaS offerings.

This approach has already paid off, with the company reporting impressive revenue growth, reaching $70.4 million CAD in 2023, up from $36.6 million CAD in 2021.

2024 revenues are on track to be even higher – with the company already reaching $38.5 million as of Q3. At a 14.2% margin, third quarter financials are showing a gross profit of $5.4 million.xvi

Overall Plurilock Security Inc. (TSXV: PLUR; OTCQB: PLCKF) services sales have increased 66% as a result of the recent focus on Critical Services, and the traction it’s seeing with new and existing clients.

With plans to expand the Critical Services team and streamline operations, the company announced a $2.5-million financing. Due to overwhelming demand, Plurilock closed an upsized $4.9 million.

5 Reasons To Add Plurilock Security Inc. (TSXV: PLUR; OTCQB: PLCKF) To Your Watchlist Now:

  1. A Soon-to-be $2 Trillion Marketplace: Several cybersecurity companies have outperformed the broader market over the past five years, with market caps CrowdStrike Holdings , CyberArk Software , and Palo Alto Network   surging by 521%, 236%, and 427% respectively. As a certified supplier to more than 30 government agencies across North America, Plurilock is strategically positioned to capitalize on this booming market.
  2. World Class Leadership: Plurilock’s team of high-level defenders have operated at the top reaches of America’s intelligence and cybersecurity apparatus. They include retired Navy Admirals, the former head of the NSA, former Director of Crowdstrike, and the former head of Raytheon Cyber Products.
  3. Strategic Partnerships: Plurilock’s partnership with top-tier companies allows access to millions of third-party products, enhancing its technological capabilities and market reach.
  4. Robust Client Base: Plurilock serves high-profile clients including a myriad of U.S. federal agencies - clear testament to the company’s credibility and efficacy.
  5. Revenue Growth: The company's revenue increased from $36.6 million in 2021 to $70.4 million in 2023, reflecting strong market demand and an  effective business strategy. And so far this year, the company has secured more than $40 million in new sales orders.
As technologies continue to advance, enacting the appropriate cybersecurity measures for an organization, corporation, or agency is becoming increasingly difficult task.  

That’s why Plurilock Security (TSX:PLUR, OTC:PLCKF) has become one of the most trusted partners of the defense industry, including three branches of the military.
It’s why Global 2000 companies uses Plurilock to design and monitor their cyber defenses.

And it’s why Plurilock is seeing explosive growth, with revenue just about doubling year on year since 2022.

Plus, with several long-term contracts that tend to grow larger over time, the company is poised to continue seeing growth in profit margins, already as high as 60-80% for some services.

So, if you believe in the future of cybersecurity…

And you want exposure to a defense sector company that’s safeguarding the new digital warfront…


Click here to learn more about Plurilock Security (TSX:PLUR, OTC: PLCKF).

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ihttps://finance.yahoo.com/news/deepseek-ai-tops-app-downloads-141941732.html
iihttps://economictimes.indiatimes.com/news/international/global-trends/here-is-the-list-of-countries-and-government-agencies-that-have-banned-deepseek-ai/articleshow/117953500.cms?from=mdr
iiihttps://apnews.com/article/deepseek-china-generative-ai-internet-security-concerns-c52562f8c4760a81c4f76bc5fbdebad0
ivhttps://www.infosecurity-magazine.com/news/chinese-cyber-espionage-jumps-150/
vhttps://www.reuters.com/technology/cybersecurity/chinese-cyberattacks-taiwan-government-averaged-24-mln-day-2024-report-says-2025-01-06/
vihttps://apnews.com/article/bybit-exchange-crypto-hack-north-korea-7c8335c1397261554138090c2c38f457#:~:text=North%20Korean%20thefts%20reportedly%20fund%20nuclear%20weapons%20program&text=A%20U.N.%20experts%20panel%20separately,of%20weapons%20of%20mass%20destruction.”
viihttps://cybersecurityventures.com/hackerpocalypse-cybercrime-report-2016/
viiihttps://cybersecurityventures.com/hackerpocalypse-cybercrime-report-2016/
ixhttps://cybersecurityventures.com/top-5-cybersecurity-facts-figures-predictions-and-statistics-for-2021-to-2025/#:~:text=The%20imperative%20to%20protect%20increasingly,2025%2C%20according%20to%20Cybersecurity%20Ventures.
xhttps://www.gartner.com/en/newsroom/press-releases/2023-09-28-gartner-forecasts-global-security-and-risk-management-spending-to-grow-14-percent-in-2024
xihttps://cybersecurityventures.com/hackerpocalypse-cybercrime-report-2016/
xiihttps://cybersecurityventures.com/hackerpocalypse-cybercrime-report-2016/
xiiihttps://onedata.ai/insights/200-zettabytes-of-data-by-2025/#:~:text=Data%20is%20growing%20at%20an,large%20that%20it's%20almost%20incomprehensible.
xivhttps://plurilock.com/static/financials/PLUR-MDA-2024-09-30.pdf
xvhttps://plurilock.com/press-release/plurilock-security-inc-reports-third-quarter-fiscal-2024-financial-results/
xvihttps://plurilock.com/press-release/plurilock-security-inc-reports-third-quarter-fiscal-2024-financial-results/
xviihttps://finance.yahoo.com/quote/CRWD/
xviiihttps://stockanalysis.com/stocks/cybr/market-cap/
xvixhttps://stockanalysis.com/stocks/panw/market-cap/
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