Crossword Cybersecurity
Plc
CROSSWORD SIGNS RIZIKON
PARTNERSHIP WITH A GLOBAL DEFENCE AND AEROSPACE
COMPANY
The UK subsidiary of a
defence and security company and Crossword enter an exclusive
partnership to jointly market Rizikon supply chain cyber
platform.
18
June 2024 - London, UK -
Crossword Cybersecurity
Plc (AIM:CCS, "Crossword", the
"Company" or the "Group"), the cybersecurity solutions company
focused on cyber strategy and risk, announces that it has signed a
three year, exclusive partnership with the UK subsidiary of a
global aerospace, defence and security company, to jointly market
Rizikon, the supply chain cyber platform, to selected sub sectors
within the UK critical national infrastructure (CNI) market. The
partnership will be publicly launched to clients by both parties in
the next few weeks.
Supply chain cyber security risks
are an increasing challenge for all organisations, as a number of
recent high profile incidents have demonstrated. The partner
has identified a particular need for clients across the CNI sector,
who all need to minimise cyber risks across their third-party
partners and supply chains and will take a comprehensive solution
to market based on their services and expertise, with Crossword's
Rizikon supply chain platform delivered as a service to
clients.
Stuart Jubb, Group MD and incoming CEO of
Crossword, said: "This is a
potentially transformational partnership for Crossword with a
global scale, innovative defence and security partner with an
outstanding reputation. This Rizikon partnership will enable us to
help multiple, large scale CNI organisations make their supply
chains more secure. This partnership will drive significant growth
in Crossword's Rizikon revenue with the potential to generate
several million pounds over the coming years."
- Ends
-
The information contained within
this announcement is deemed to constitute inside information as stipulated under the
retained EU law version of the Market Abuse Regulation (EU) No.
596/2014 (the "UK MAR") which is part of UK law by virtue of the
European Union (Withdrawal) Act 2018. The information is disclosed
in accordance with the Company's obligations under Article 17 of
the UK MAR. Upon the publication of this announcement, this inside
information is now considered to be in the public
domain.
Contacts
Crossword Cybersecurity plc -
Tel: +44 (0) 333 090 2587
Email:
info@crosswordcybersecurity.com
Tom Ilube, Chief Executive
Officer
Mary Dowd, Chief Financial
Officer
Grant Thornton (Nominated Adviser) - Tel: +44 (0) 20 7383 5100
Colin Aaronson / Jamie Barklem /
Ciara Donnelly / Elliot Peters
Hybridan LLP (Broker) - Tel:
+44 (0)203 764 2341
Claire Louise Noyce
For media enquiries
contact:
Duncan Gurney, GingerPR
duncan@gingerpr.co.uk - Tel: +44
(0)1932 485 300
About Crossword Cybersecurity plc
Crossword offers a range of cyber
security solutions to help companies understand and reduce cyber security
risk. We do this through a combination of people and technology,
in the form of SaaS and software products, consulting, and managed
services. Crossword's areas of emphasis are cyber security strategy and risk, supply chain
cyber, threat detection and response, and digital identity and the aim is to
build up a portfolio of cyber security products and services with
recurring revenue models in these four areas. We work closely with
UK universities and our products and services are often powered by
academic research-driven insights. In the area of cybersecurity strategy and risk our consulting services
include cyber maturity assessments, industry certifications, and
virtual chief information security officer (vCISO) managed
services.
Crossword's end-to-end supply chain cyber standard operating
model (SCC SOM) is supported by our best-selling SaaS platform,
Rizikon Assurance, along with cost-effective cyber audits, security
testing services and complete managed services for supply chain
cyber risk management. Threat
detection and response services include our Nightingale
AI-based network monitoring, our Trillion™ suite of threat
intelligence products, Trillion Breach, Harvista and Arc and
incident response. Crossword's work in digital identity is based on the World
Wide Web Consortium W3C verifiable credentials standard and our
current solution, Identiproof, enables secure digital verification
of individuals to prevent fraud.
Crossword serves medium and large
clients including FTSE 100, FTSE 250 and S&P listed companies
in various sectors, such as defence, insurance, investment and
retail banks, private equity, education, technology and
manufacturing and has offices in the UK, Poland and Oman. Crossword
is traded on the AIM market of the London Stock
Exchange.
Visit Crossword at
https://www.crosswordcybersecurity.com/
