RCS - Crossword Cybersec - Launches new CyberAI Practice

Crossword CybersecurityAnnouncement

26/03/2024 07:15

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RNS Number : 1472I  Crossword Cybersecurity PLC  26 March 2024

 

Crossword Cybersecurity Plc

Launches new CyberAI Practice

Helping CISOs embrace AI with confidence across the enterprise

 

26 March 2024 - London, UK - Crossword Cybersecurity Plc
(http://www.crosswordcybersecurity.com/) (AIM:CCS, "Crossword", the "Company"
or the "Group"), the cybersecurity solutions company focused on cyber strategy
and risk, has launched a new CyberAI Practice.  The practice, which sits
within Crossword Cybersecurity's Consulting business, consolidates Crossword's
artificial intelligence (AI) expertise into a centre of excellence that will
deliver AI-focused cybersecurity consulting services and products to help
clients harness the power of AI in the organisation.

 

The ever-evolving threat landscape and proliferation of data-generating apps
and devices has had organisations grasping at Generative AI and Large Language
Models (LLM) as the solution to the problems they face. While AI has a huge
role to play in improving security posture, customer experience, identifying
insights and streamlining business processes, the pace of change, regulation,
deployment by employees of 'Shadow AI', and 'AI washing' by marketers, can
leave cybersecurity teams struggling to remain current.

 

The LLM dilemma

LLMs have led to the emergence of many new tools, which must be assessed and
assured so that adoption is controlled and does not pose legal, reputational,
or commercial threats. Simultaneously, LLMs have empowered would-be attackers
by lowering the barriers to launching successful attacks.

 

Crossword has already led a significant initiative in investigating the
application of Generative AI to cyber security. This has been conducted with
major industry partners and leading universities, including academics from
Oxford University and MIT in the USA and AI researchers from the world famous
Alan Turing Institute.

 

Helping enterprises keep pace with AI innovation

The CyberAI Practice will provide organisations with advisory, security
testing and engineering services, which will allow organisations to manage AI
threats and grasp the opportunities to improve efficiency, cybersecurity, and
create new experiences for end users.  Following its launch, the CyberAI
Practice is offering the following services:

·    Engineering - Modular services designed to support the assessment
and development of LLM architectures, LLM security testing, design and
security architecture reviews, and wider LLM-related engineering services

·     CyberAI onsite workshops - Education and maturity workshops to
help organisations understand the market, assess their needs and existing AI
use, and consult on whether to 'build or buy'

 

James Henry, Consulting Innovation Director at Crossword Cybersecurity said:
"The latest wave of AI technologies hit the security industry with such pace
that many businesses have been struggling to keep up.  At Crossword it is our
mission to provide businesses with the knowledge and tools needed to securely
embrace the benefits of Generative AI technologies, whilst also managing the
associated risks."

 

Further information relating to the CyberAI practice and Crossword
Cybersecurity's Consulting business can be found here.
(https://www.crosswordcybersecurity.com/consulting)

 

- 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 / Ciara Donnelly

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 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/
(https://www.crosswordcybersecurity.com/)

 

 

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