Crossword Cybersecurity PLC Consulting Gains Traction Across Industry Sectors
November 26 2019 - 1:02AM
RNS Non-Regulatory
TIDMCCS
Crossword Cybersecurity PLC
26 November 2019
Crossword Cybersecurity Consulting Gaining Traction Across
Industry Sectors
26 November 2019 - London, UK - Crossword Cybersecurity Plc
(AIM:CCS, "Crossword", the "Company" or the "Group"), is pleased to
announce that its Consulting division has recently signed numerous
agreements including three with companies spanning the automotive,
insurance and property sectors, to work with them on improving
their cyber security posture.
An industry-leading cyber transformation project has begun with
a global pioneer in connected vehicle data. Crossword Cybersecurity
will assist the company with implementing a globally recognised
cyber security standard, ranking it amongst major global players in
the technology industry. Achieving this standard will enable the
firm to work more efficiently with any global automotive
manufacturer.
Consulting has also secured business with a leading
international insurance broker that conducts business in the
Lloyd's of London market. A third-party audit left the organisation
with a long list of security measures to implement but lacking
sufficient in-house expertise to do so. Crossword Consulting worked
with the organisation to offer advice on how best to improve their
cyber maturity. Since developing the organisation's prioritised
cyber security strategy, Crossword will now also be carrying out
the transformation work and implementing the practical
recommendations they devised to make the organisation more
resilient.
The consulting division has implemented its Virtual Chief
Information Security Officer (vCISO) product with an SME property
investment firm. One of the key cyber security challenges
organisations are currently facing, is understanding and
implementing the most appropriate levels of cyber maturity for
their company, and therefore allocating their cyber security budget
efficiently. In response to these challenges, Crossword launched
vCISO - a virtual/remote CISO service, provided and managed by
Crossword Consulting cyber security experts. The vCISO service
provides clients with a virtual cyber security team and network
protection at a fraction of the cost of building their own team and
clients are also able to leverage the deep cyber security and
technical expertise provided by Crossword and Reliance ACSN.
Crossword's Consulting team offer a full range of Consulting
services from Cyber Assurance and Auditing, Penetration testing,
Third Party Assurance and Virtual Chief Information Security
Officer (vCISO). Whatever an organisation's size or level of cyber
maturity, Crossword Consulting is able to offer a service tailored
to its needs.
Regarding the recent deal announcements, Stuart Jubb, Managing
Director of Crossword Consulting, commented: "We are delighted that
Crossword Consulting is making such headway, especially in terms of
breaking ground into new sectors and with large corporations. This
reflects the high regard in which our consultants are held, in what
is an extremely competitive market. It is a pleasure to announce
our second vCISO client and note that there are multiple vCISO
opportunities in our pipeline. We believe that by using our vCISO
service, clients are able to have peace of mind that they are
taking the right measures to protect themselves from cyber security
attacks whilst achieving excellent value for money."
To learn more about how Crossword Consulting can help your
organisation, then contact us here.
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
About Crossword Cybersecurity plc
Crossword Cybersecurity plc focuses on the development and
commercialisation of university research-based cyber security
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
the cyber maturity and GDPR readiness of 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.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
NRAPGGAGGUPBGWA
(END) Dow Jones Newswires
November 26, 2019 02:02 ET (07:02 GMT)
Crossword Cybersecurity (LSE:CCS)
Historical Stock Chart
From Apr 2024 to May 2024
Crossword Cybersecurity (LSE:CCS)
Historical Stock Chart
From May 2023 to May 2024