Crossword Cybersecurity PLC New Consulting contract (1597P)
08 June 2020 - 4:00PM
UK Regulatory
TIDMCCS
RNS Number : 1597P
Crossword Cybersecurity PLC
08 June 2020
Crossword Cybersecurity Consulting Division signs three-year
deal with Agria Pet Insurance Ltd to become its trusted cyber
security partner
8 June 2020 - London, UK - Crossword Cybersecurity PLC (AIM:CCS,
"Crossword", the "Company" or the "Group"), the technology
commercialisation company focused solely on cyber security and
risk, has today announced that its Consulting division has signed a
three year contract with Agria Pet Insurance Ltd , the award
winning lifetime pet insurer, working as its trusted cyber security
partner. Crossword's Virtual Chief Information Security Officer
(vCISO) managed service will be used by Agria to improve its cyber
security posture.
This security partnership follows the successful completion of a
project evaluating Agria's security controls against best practice
and industry security standards. The new contract will see Agria
gain regular testing of its cyber security processes and
technology, helping the company minimise its security risks, ensure
continued compliance with latest regulations relevant to the
sector, and make it more resilient in the face of the modern cyber
security threats it faces along with its customers and
partners.
Crossword's vCISO managed services are a virtual/remote CISO
service, provided by Crossword Consulting cyber security experts.
The vCISO services provide clients with a virtual cyber security
team at a fraction of the cost of building their own. Clients can
also leverage the deep cyber security and technical expertise
provided by Crossword.
This is the fifth insurance sector client Crossword has secured
over the last eighteen months. Crossword's consulting team offer a
full range of services from penetration testing, cyber maturity
assessment, transformation and certification, to third party
assurance and it's vCISO offering. Whatever an organisation's size
or level of cyber maturity, Crossword Consulting is able to offer a
service tailored to its individual needs.
Regarding the recent deal announcements, Stuart Jubb, Managing
Director of Crossword Consulting, commented: "We are delighted to
form a long-term partnership with Agria Pet Insurance. This deal
shows how well received our vCISO product is with clients and in
particular how well received it has been in the Insurance sector.
Building and maintaining a cyber security team can be a slow and
expensive process. Crossword's vCISO offering gives companies
immediate access to expertise and technology that can make a rapid
impact, improving cyber security posture, processes, and minimising
risks."
To learn more about how Crossword Consulting can help your
organisation, contact us here .
About Crossword Cybersecurity plc
Crossword Cybersecurity plc focuses on the development and
commercialisation of university research-based cyber security and
risk management related software and cyber security consulting. The
Group's specialist cyber security product development and software
engineering teams work with its university partners to develop the
research concept into a fully-fledged commercial product that it
will then take to market. The Group's aim is to build up a
portfolio of revenue generating, intellectual property based, cyber
security products. Rizikon Assurance, Crossword's leading product,
is a SaaS platform that enables medium to large companies to assess
and manage all risks from their suppliers. Nixer CyberML,
Crossword's most recently launched product, is a new tool for
businesses that want to solve advanced security and cybercrime
problems, such as detecting and dealing with compromised accounts,
fraud, and in-application denial of service attacks. Crossword's
team of expert cyber security consultants leverages years of
experience in national security, defence and commercial cyber
intelligence and operations to provide bespoke advice tailored to
its clients' business needs.
Contacts
Crossword Cybersecurity plc - Tel: +44 (0) 20 3953 8460
Email: info@crosswordcybersecurity.com
Tom Ilube, Chief Executive Officer
Mary Dowd, Finance Director
Grant Thornton (Nominated Adviser) - Tel: +44 (0) 20 7383
5100
Colin Aaronson / Jamie Barklem / Niall McDonald
Hybridan LLP (Broker) - Tel: +44 (0)203 764 2341
Claire Louise Noyce
For media enquiries contact:
Lorena Duke, GingerPR
lorena@gingerpr.co.uk, 01932 485 300
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END
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