Crossword Cybersecurity
Plc
Security in the
Caribbean
9 April 2024 -
London, UK - Crossword Cybersecurity
Plc (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
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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/