REG - Crossword Cybersec - Darkbeam Collaboration

Crossword CybersecurityAnnouncement

09/11/2021 07:00

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RNS Number : 6735R  Crossword Cybersecurity PLC  09 November 2021

Crossword Cybersecurity Plc Integrates Darkbeam's Cyber Risk Ratings into
Rizikon

 

9 November 2021 - London, UK - Crossword Cybersecurity Plc
(http://www.crosswordcybersecurity.com/) (AIM:CCS, "Crossword", the "Company"
or the "Group"), the technology commercialisation company focused on cyber
security and risk management, is pleased to announce that it has partnered
with Dark Beam Ltd ("Darkbeam") (https://www.darkbeam.com/) , to integrate
Darkbeam's cyber risk audits into its online supplier assurance and
third-party risk management platform, Rizikon (https://www.global.rizikon.io/)
.

 

Darkbeam's instant digital risk audits will give Rizikon customers a real-time
cyber risk rating as part of the overall third-party assurance assessment on
the platform. This additional functionality will help organisations to further
minimise the threat of their digital ecosystem being exploited via their
supply chain and supplier relationships. Rizikon users will be able to see the
headline cyber risk rating on each supplier's scorecard, with the option of a
more detailed cyber risk rating scan as either a one-time purchase or as part
of their Rizikon subscription.

Rizikon Assurance improves the scalability, security and auditability of
third-party assurance and due diligence through its automated, centralised and
encrypted platform.  It puts an organisation in control of managing risks in
its supply chain and the financial, regulatory, and reputational risks they
indirectly carry.  Rizikon contains standard questionnaires on subjects such
as cyber security, GDPR, supplier on-boarding, modern slavery, and
anti-bribery & corruption. Customers can also create their own question
sets and scoring approaches, enabling a 360-degree view of supply chain risk
and third-party risk in a single pane of glass.

 

Charles Clark, CEO, at Darkbeam said: "Darkbeam is pleased to partner with
Crossword and to offer our cyber security risk audit to Rizikon users.
Darkbeam works with clients to augment their approach to cyber security risk,
and with the increase in the attack surface, the threat has never been
greater."

 

Sean Arrowsmith, Group Sales Director at Crossword Cybersecurity PLC, said:
"We are very pleased to partner with Darkbeam and help Rizikon customers
further understand and manage the cyber risks that may exist in their supply
chains.  All too often these risks are unknown and only exposed when a cyber
event occurs. By integrating their cyber risk rating into Rizikon, our users
will have access to a more comprehensive overview of their overall cyber risk,
in real time, while assessing their supply chain risk at scale, in a
cost-effective way."

 

Contacts

Crossword Cybersecurity plc - Tel: +44 (0) 20 3953 8460

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 / Daphne Zhang

 

Hybridan LLP (Broker) - Tel: +44 (0)203 764 2341

Claire Louise Noyce

 

For media enquiries contact:

Duncan Gurney, GingerPR

crossword@gingerpr.co.uk (mailto:Crossword@gingerpr.co.uk) - Tel: +44 (0)1932
485 300

 

About Crossword Cybersecurity plc

Crossword Cybersecurity plc focuses on the development and commercialisation
of university research-based cyber security and risk management 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 and manage all risks from
their suppliers. Nixer CyberML, another Crossword 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. Identiproof, Crossword's most recent product, is
the World Wide Web Consortium (W3C) verifiable credentials compatible
middleware and wallet technology. 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, including threat monitoring.

 

 

About DarkBeam Ltd

Founded by former military and intelligence professionals, Darkbeam provides a
unified solution to protect against security, brand and compliance risks
across an organisation's digital infrastructure. It helps simplify complex
threats and works with organisations to augment their current approach to
risk.

Everyone working at Darkbeam is in the intelligence game to deliver its
clients the most timely and relevant actionable digital risk insights so they
can better protect their organisations. This is underpinned by relentless
innovation and a deep sense of duty and service.

 

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