RCS - Smarttech247 Group - S247 Signs Contract with Financial Organisation

Smarttech247Announcement

25/04/2024 07:15

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RNS Number : 9284L  Smarttech247 Group PLC  25 April 2024

 

Reach Announcement

25 April 2024

Smarttech247 Group PLC

("Smarttech247", the "Group" or the "Company")

Smarttech247 Signs New Three-Year Contract with Prominent Financial
Organisation

 

Smarttech247 (AIM: S247), a multi-award-winning provider of AI-enhanced
cybersecurity services providing automated managed detection and response for
a portfolio of international clients, is pleased to announce that it has
signed a new contract with a large banking and insurance organisation, worth
€720,000 over three years.

 

The contract encompasses both Smarttech247's VisionX Managed Detection and
Response (MDR) capability as well as its customised governance, risk, and
compliance (GRC) services. Smarttech247 will offer its client round-the-clock
monitoring and rapid incident response, information security and risk
capabilities, as well as data loss prevention (DLP) solutions to ensure
regulatory compliance and protection against imminent cyber threats.

 

Raluca Saceanu, CEO of Smarttech247, commented:

 

"We are delighted to announce our most recent contract win with a prominent
financial organisation. At Smarttech247, we aim to be a partner to our
clients, rather than just a supplier, and as part of this strategy, we are
dedicated to ensuring our clients receive high-quality, flexible security
services.

 

"We are committed to providing leading MDR, DLP and GRC services, and we look
forward to working closely with our new client to help protect it from complex
cyber threats."

 

For further information please contact:

 

 Smarttech247 Group PLC                               Tel: +353 21 206 6033
 Ronan Murphy, Executive Chairman

 Raluca Saceanu, Chief Executive Officer

 Nicholas Lee, Finance Director
 SPARK Advisory Partners Limited - Nominated Adviser  Tel: + 44 (0) 20 3368 3550
 Mark Brady / Adam Dawes
 Shard Capital - Joint Broker                         Tel: +44 (0) 20 7186 9900
 Damon Heath
 Fortified Securities - Joint Broker                  Tel: +44 7493 989014
 Guy Wheatley, CFA
 Yellow Jersey PR                                     Tel: +44 (0) 20 3004 9512

 Sarah Hollins / Annabelle Wills / Bessie Elliot

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About Smarttech247:

Smarttech247 is a multi-award-winning automated MDR (Managed Detection &
Response) company. Its platform is trusted by international organisations and
provides threat intelligence with managed detection and response to provide
actionable insights, 24/7 threat detection, investigation and response.

 

The Group's services are geared towards proactive prevention and it achieves
this by utilising the latest in cloud, big data analytics and machine
learning, along with an experienced incident response team. In recognition of
its innovative technology, Smarttech247 was named by Chambers Ireland
InBusiness Recognition Awards as Cyber Security Company of the Year 2023.

 

Smarttech247's offices are located in Ireland, United Kingdom, Romania, Poland
and the USA. The Company was admitted to trading on AIM on 15 December 2022.

 

For further information please visit www.smarttech247.com
(http://www.smarttech247.com/) .

 

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