Crossword Cybersecurity (CCS)

Sector:

IT Services

 5.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 10.00
  • 52 Week Low: 4.25
  • Currency: UK Pounds
  • Shares Issued: 101.47m
  • Volume: 2,634
  • Market Cap: £5.07m
  • RiskGrade: 197

Crossword's Rizikon platform selected for new maritime certification

By Josh White

Date: Wednesday 16 Feb 2022

LONDON (ShareCast) - (Sharecast News) - Crossword Cybersecurity announced on Wednesday that the IASME Consortium - a UK government 'Cyber Essentials Partner' - had selected Rizikon Assurance as the core platform to support a new maritime security certification.
The AIM-traded firm said IASME was scaling its portfolio to include a new "maritime cyber baseline" scheme.

It said the scheme would provide an "affordable and practical" way for shipping operators and vessel owners to improve their cybersecurity, to reduce the likelihood of a cyber-attack disrupting their day-to-day operations.

The scheme was being supported by the Royal Institution of Naval Architects (RINA), and would enable a path to compliance with the IMO Maritime Cyber Risk Management guidelines.

Crossword said the scheme would be open to vessels of all sizes and classifications, including yachts, commercial, passenger ships and merchant vessels.

The maritime cyber baseline would give confidence to supply chain partners, passengers, flag and port authorities that a vessel had the suitable cyber security controls and processes in place, it explained.

Additionally, operators could demonstrate compliance through a digital certificate that could be displayed on vessels and in business communications.

IASME had identified Rizikon Assurance, Crossword's secure third-party assurance platform, as the solution to deliver the new baseline at scale, supporting its certification bodies and prospective certified customers alike.

"We are delighted to be further strengthening our partnership with IASME in an area of cyber security that needs standardisation, and with this maritime cyber baseline it is an excellent opportunity for operators to start driving up cyber maturity," said chief executive officer Tom Ilube.

"We are looking forward to working with IASME once again off the back of our successful relationship to date."

At 0813 GMT, shares in Crossword Cybersecurity were up 2.17% at 35.25p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

CCS Market Data

Currency UK Pounds
Share Price 5.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 10.00
52 Week Low 4.25
Volume 2,634
Shares Issued 101.47m
Market Cap £5.07m
RiskGrade 197

CCS Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
40.36% below the market average40.36% below the market average40.36% below the market average40.36% below the market average40.36% below the market average
53.66% below the sector average53.66% below the sector average53.66% below the sector average53.66% below the sector average53.66% below the sector average
Price Trend
85.25% below the market average85.25% below the market average85.25% below the market average85.25% below the market average85.25% below the market average
84.62% below the sector average84.62% below the sector average84.62% below the sector average84.62% below the sector average84.62% below the sector average
Income Not Available
Growth
33.05% above the market average33.05% above the market average33.05% above the market average33.05% above the market average33.05% above the market average
38.82% above the sector average38.82% above the sector average38.82% above the sector average38.82% above the sector average38.82% above the sector average

CCS Dividends

No dividends found

Trades for 03-May-2024

Time Volume / Share Price
12:44 38 @ 5.18p
12:40 230 @ 4.58p
10:35 2,366 @ 4.58p

CCS Key Personnel

CEO Thomas Ilube
CFO Rose Clark

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