Osirium Technologies PLC Contract win (2857X)
23 November 2017 - 6:00PM
UK Regulatory
TIDMOSI
RNS Number : 2857X
Osirium Technologies PLC
23 November 2017
For immediate release
23 November 2017
Osirium Technologies plc
("Osirium" or "Group")
Contract win with a leading law firm
Osirium Technologies plc (AIM: OSI.L), a UK headquartered
cyber-security SaaS provider, is pleased to announce that a leading
law firm has signed a contract for a minimum of twelve months.
The customer is one of the leading providers of legal and
claim-handling services to the UK general insurance sector, with
offices in Manchester, Cardiff, Liverpool, London, Sheffield and
Southampton.
Under the terms of the contract, Osirium will deliver its full
PxM product offering of Privileged Account Management and
Privileged Session Management modules and associated consultancy
services.
David Guyatt, Chief Executive Officer, commented: "We are
delighted to secure this new customer in the legal sector and a
further 'land and expand' licensing deployment. Under FCA
guidelines, it is good practice to implement 'powerful'
administrator passwords and additional controls. They wanted their
customers to be supported by robust processes and powerful IT and
business intelligence services to deliver high-quality handling.
Our PxM technology has enabled them to ensure these security
systems are in place."
- Ends -
For further information:
Osirium Technologies plc Tel: +44 (0) 118 324
2444
David Guyatt, Chief Executive
Officer
Rupert Hutton, Chief Financial
Officer
www.osirium.com
Stifel Nicolaus Europe Tel: +44 (0) 20 7710
Limited 7600
(Nominated Adviser and
Broker)
Fred Walsh / Neil Shah
/ Ben Maddison
Yellow Jersey PR Tel: +44 (0) 7764 947137
(Financial PR)
Sarah Hollins
Notes to Editors:
About Osirium
Osirium Technologies plc (AIM: OSI.L), is a UK headquartered
cyber-security Software-as-a-Service ("SaaS") provider. Osirium
protects critical IT assets, infrastructures and devices by
preventing targeted cyber-attacks from directly accessing
Privileged Accounts, removing unnecessary access and powers of
Privileged Account users, deterring legitimate Privileged Account
users from abusing their roles and containing the effects of a
breach if one does happen.
Osirium has defined and delivered what the Directors view as the
next generation PAM (Privileged Access Management) solution. The
team has developed the concept of Virtual Air Gap to separate users
from passwords, with Osirium's Privileged Task Management module
further strengthening Privileged Account security and delivering
impressive return on investment benefits for customers.
Founded in 2008 and with its headquarters in Reading, UK, the
Group was admitted to AIM in April 2016. For further information
please visit www.osirium.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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