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Privately owned Plurilock Systems in Victoria BC is quietly becoming a key player in the ever-growing anti-cyber attack security space. Recent contracts with the US Department of Homeland Security and Canada’s Department of National Defense will see the company at the forefront of machine-to-machine anomaly detection technologies. Plurilock in the only Canadian company to receive funding from DHS’s Silicon Valley Innovation Program.
“Our behavioral, anomaly detection, and AI capabilities, give us a head start in developing machine-to-machine authentication tools,” says Plurilock CEO Ian Paterson. “We think this technology will become more and more critical as the ‘internet of things’ era matures, so we’re excited to continue to collaborate with the Silicon Valley Innovation Program. Obviously, DHS and SVIP are world-class partners to work with.”
The Canadian DND contract tasks Plurilock with advancing state-of-the art, real-time cyber-attack detection and advanced persistent threat (APT) prevention.
“It’s hard to overstate the need for real-time threat detection and response in today’s critical systems,” says Paterson. “Plurilock will significantly enhance this capability, and we’re excited to be able to demonstrate our leadership across multiple kinds of security-driven anomaly detection in our work for DND.”
Plurilock began in the research labs of the University of Victoria with breakthroughs in biometric identity verification. This early “behavioral-biometric” science was applied to the movements involved in computer use—mouse and keyboard activity to start—and a new, advanced form authentication for computing systems was born.
Despite the risks, this market is driving higher. Watch McIver Capital Management’s Skeptical Investor video where Portfolio Managers Ethan Dang and Matt Ehrenreich discuss the resiliency of this market.
Five days after Encana’s announced head office move to the US – and there’s still one aspect of the fall-out that no one’s talking about but Canada will be the worse for it.
Listen to Shocking Stat at 3:22
Willis Towers Watson’s Thinking Ahead Institute (TAI) recently revealed what it considers the 15-extreme risks facing investors for 2019, as well as for the years ahead. The risks run the gamut from climate change to nuclear contamination.
TAI’s research suggests, broadly, there are three hedging strategies available to institutions:
- Hold cash. Over long historical periods cash has held its real value through both episodes of deflation and inflation but there is no guarantee that this will be the case in the future.
- Derivatives. It is worth mentioning that cost and usefulness are often in opposition. The cost of derivatives protection can often be reduced by specifying more precise conditions – but the more precise the conditions, the greater the chance that they are not exactly met and hence the ‘insurance’ does not pay out.
- Hold a negatively-correlated asset. There is no single asset that will work against all possible bad outcomes. Further, there is no guarantee that the expected performance of the hedge asset will actually transpire in the future event.
While we have regularly discussed the“value of holding cash,” and “hedging” within portfolios, for most investors there are only a limited number of options available. The problem becomes magnified by the lack of capital, and a disciplined investment strategy, to delve into and manage more complex risk mitigation strategies. Therefore, investors are simply told to “buy and hold,” and hope for the best.
Since institutions are actively hedging capital risk, it should be clear “buy and hold” strategies do not. However, there are actions you can take to navigate not only short-term market risk, but also long-term fundamental, economic, and environmental risks…CLICK for complete article
Mike’s Remembrance Day Editorial
Posted by Michael Campbell
on Saturday, 9 November 2019 10:43
The attacks on free speech are increasing – at libraries, universities and in public debate, which is more than a poke in the eye to members of the Canadian military who fought for our freedom. Too many people fail to appreciate the massive economic and social cost.