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REG - Crossword Cybersec - Leonardo UK selects Rizikon

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

 

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