Crossword Cybersecurity firmly focused on growth as it eyes acquisitions and new products

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  • Crossword Cybersecurity installs Rizikon Pro at Racing Post owner
  • Cybersecurity: how to invest in a thriving sector amid rising cybercrime
  • Crossword Cybersecurity ‘very excited’ to acquire Verifiable Credentials
Crossword Cybersecurity PLC - Crossword Cybersecurity gains momentum as it eyes Nixer launch

Quick facts: Crossword Cybersecurity PLC

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Crossword Cybersecurity plc focuses on commercialisation of university research-based cyber security and risk management software and cyber security consulting.

The company’s specialist cyber security software engineering team works with university partners to develop the research concept into a fully fledged commercial product that it then takes to market.

29 Jun 2021

() said Spotlight Sports Group halved the time it spends on supplier management and cut the costs of maintaining its ISO 27001 Information Security Management certification since installing the Rizikon Pro risk assessment platform.

Spotlight Sports, the owner of the Racing Post, needs to ensure it and its more than forty suppliers meet the governance, regulatory and compliance requirements said Crossword, and it wanted to automate the supplier management and onboarding processes.

Sean Arrowsmith, group sales director at Crossword, said: “Most companies would be horrified if they calculated the amount of time and risks involved in running poorly implemented supplier management and compliance processes.

“Spotlight Sports Group implementation of Rizikon Pro, which we launched last year aimed specifically at supporting SME organisations, demonstrates what can be quickly and easily achieved

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26 May 2021

() said it has acquired Verifiable Credentials Ltd (VCL), a provider of the Identiproof digital certification and documentation technology, for up to GBP2.75mln.

Under the deal, the AIM-listed firm said the purchase will consist of an initial payment of GBP100,000 in cash and GBP300,000 in shares, followed by GBP100,000 in shares payable on achievement of the first VCL commercial licence deal with the UK’s National Health Service or another UK government organisation.

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18 May 2021

() is to establish a subsidiary in the Sultanate of Oman that will become its Middle Eastern regional headquarters.

The cybersecurity company has signed a memorandum of understanding with Al-Rawahy Holdings of the Sultanate of Oman that will see the formation of a licensed subsidiary called Crossword Cybersecurity LLC, which will be majority-owned by Crossword.

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05 Jul 2021

The pandemic has been a bonanza for hackers, as the shift to remote working provided more chances to infiltrate into corporate systems with so much data uploaded to the cloud.

One of the latest major attacks, which first affected US firm Kaseya then over 200 companies in the world, has been described as “rare, if not unprecedented” for its scale and sophistication.

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27 May 2021

‘s () chief product officer Jake Holloway joins Proactive London to explain the logic behind the acquisition of Verifiable Credentials Ltd.

The credentials systems specialist is being bought for up to GBP2.75mln and add the firm’s Identiproof digital certification and document technology to its portfolio.

Crossword Cybersecurity focus on commercialisation of university research-based cyber security and risk management software and cyber security consulting.

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Crossword Cybersecurity ‘very excited’ to acquire Verifiable Credentials

Crossword Cybersecurity PLC’s (LON:CCS) chief product officer Jake Holloway joins Proactive London to explain the logic behind the acquisition of Verifiable Credentials Ltd.

The credentials systems specialist is being bought for up to GBP2.75mln and add the firm’s Identiproof digital…

on 27/5/21

2 min read

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