TIDMCCS
RNS Number : 0685H
Crossword Cybersecurity PLC
22 November 2022
Crossword Cybersecurity Plc
Leonardo UK selects Rizikon to assist with assessment of supply
chain cyber risks
22 November 2022 - London, UK Crossword Cybersecurity Plc
(AIM:CCS, "Crossword", the "Company" or the "Group"), the
cybersecurity solutions company focused on cyber strategy and risk,
is pleased to announce that the UK arm of international defence and
security company, Leonardo, has selected Rizikon, Crossword's
supplier assurance and third party risk management platform, to
assist in their assessment of cyber risk in their supply chain.
Leonardo will utilise Crossword's Rizikon platform to enhance
visibility, automation and efficiency in their assessment of cyber
risks throughout their supply chain of 2,100 companies in the UK,
2/3 of which are SMEs. The platform will be used as part of the
company's new supplier on-boarding process and can also be utilised
to assess existing suppliers over time.
The assessment of cyber risk in suppliers and third parties is a
critical area for organisations to assess in depth, as well as
managing improvement action plans to manage and address any
identified risks. Supply chain cyber risk is an area called out as
requiring focus from the Centre for the Protection of the National
Infrastructure and the National Cyber Security Centre in the
UK.
Crossword has been working with Leonardo on a number of
initiatives and this agreement further cements the partnership
being forged between the two companies.
Sean Arrowsmith Group Sales Director , Crossword commented:
"This marks another step in our partnership as we continue to
build a strong relationship with Leonardo. Their selection of
Rizikon for the delivery of this important service is testament to
the how far the platform has developed, its ease of use and
powerful capabilities. We are looking forward to working closely
with the Leonardo team as they roll out the platform and the
service."
Procurement staff member, Leonardo commented:
"Following the success of the pilot use of Rizikon as part of
our assessment of a select group of suppliers, we are looking
forward to continue working with the Crossword team on this
initiative and others."
- Ends -
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 / Daphne Zhang / Ciara
Donnelly
Hybridan LLP (Broker) - Tel: +44 (0)203 764 2341
Claire Louise Noyce
For media enquiries contact:
Financial PR:
David Hothersall, Kinlan Communications
davidh@kinlan.net - Tel: +44 (0) 207 638 3435
General:
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, Nixer to
protect against application layer DDoS attacks, our Trillion and
Arc breached credentials tracking platforms, 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/
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END
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