RCS - Crossword Cybersec - Security in the Caribbean

Crossword CybersecurityAnnouncement

09/04/2024 07:00

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RNS Number : 7536J  Crossword Cybersecurity PLC  09 April 2024

 

Crossword Cybersecurity Plc

Security in the Caribbean

 

9 April 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, is pleased to announce its managed cyber-security monitoring
service, Nightingale, has had a strong performance in the first quarter of
2024.

A key driver for this growth has been international expansion in the Caribbean
region, where managed services are being delivered via a local partner, to
organisations across the telecommunications, insurance, automotive, and oil
and gas sectors. Crossword's partner has been appointed as a preferred cyber
security provider for several organisations in the Caribbean, which will be
delivered across a series of multi-year contracts.

Additionally, this has led to a contract to provide incident response
services, following a major cyber-attack on a critical national infrastructure
provider, and follow-on cyber security monitoring services.

Cyber incident response continues to be a focus area in the Caribbean and
European markets, where Nightingale, the cyber monitoring solution, is used to
detect continuing indicators of compromise. In the Caribbean, Crossword has
recently completed comprehensive response engagements for organisations
suffering major and public-impacting breaches by cyber threat actors. Threat
actors are individuals or groups that intentionally cause harm to digital
devices or systems and exploit vulnerabilities in computer systems, networks
and software to perpetuate various cyberattacks, including phishing,
ransomware and malware attacks.

The Nightingale service continues to evolve, with the most recent addition
being full alignment throughout the service to the upcoming NIST CSF 2.0
framework, from the US Government's National Institute of Standard and
Technology. This has been developed to help firms adopt a strong cyber
framework to demonstrate cyber security maturity, particularly firms in
regulated industries that have enhanced audit and compliance needs. As part of
the Nightingale service, regular compliance reports are produced along with a
suite of technical assessments which enable organisations to report on and
prove adherence to the framework.

Crossword is continuing to enhance Nightingale's monitoring, response, and SOC
(Security Operating Centre) capabilities with a substantial breadth and depth
of data collection and integration with systems including Darktrace, Microsoft
Defender and Sentinel. Threat intelligence continues to play an ever more
important role in Nightingale, with an increasing amount of threat detection
feeds powering the platform's threat detection. The Nightingale service brings
together Crossword's Trillion Breach and Harvista products under a fully
managed services offering, giving ever increasing visibility of activity on
the dark web.

Stuart Jubb, Group Managing Director, Crossword Cybersecurity Plc said:
"Crossword is excited to be working in the Caribbean region, leading with our
managed cyber security services. The Caribbean is becoming increasingly
targeted by global threat actors, and our Nightingale service is exceptionally
well placed to provide a fully managed and tailored solution to help
organisations protect against these growing threats."

 

 

- 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™
suite of threat intelligence products, Trillion Breach, Harvista and Arc 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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