CROSSWORD JOINS CYBERINVEST, THE £6.5M GCHQ & DCMS SCHEME TO BOOST WORLD-CLASS UK CYBER SECURITY

Crossword Cybersecurity plc (“Crossword”) has joined GCHQ and the Department for Culture, Media and Sport as a founder member in the launch of a new £6.5m industry and Government scheme to support cutting edge UK cyber security research.

Launched at IA15, the Government’s high-profile information assurance event, CyberInvest will build a community of industry, government and academia who are committed to sustained investment in cyber security research. Tom Ilube, Crossword’s CEO, committed to support the initiative alongside other leading cyber security industry figures in the presence of Rt Hon Ed Vaizey MP, Minister for Culture and the Digital Economy, and the Director GCHQ.

Tom Ilube, Chief Executive Officer of Crossword, the cyber security tech transfer company, said “We are delighted to support this important initiative. This scheme will enable Crossword to draw upon the expertise of GCHQ, EPSRC and leading academics as we pursue our mission to commercialise world-class UK cyber security research.”

The Rt Hon Ed Vaizey MP, Minister for Culture and the Digital Economy said “CyberInvest is an exciting initiative which brings industry, Government and academia together, and builds on the UK’s reputation as a global leader for cyber security research. Over the last 4 years we have invested over £20 million in UK cyber security research, and the new CyberInvest scheme will play an important role in our ongoing work to help protect UK citizens and businesses online.”

FOR FURTHER INFORMATION PLEASE CONTACT:

Tom Ilube, CEO, Crossword Cybersecurity Plc

www.crosswordcybersecurity.com

Tel: +44 (0)208 973 2350

Email: info@crosswordcybersecurity.com

Twitter: @crosswordcyber

NEX Corporate Advisor

Nick Michaels and Jon Isaacs, Alfred Henry Corporate Finance Limited

www.alfredhenry.com

Tel: +44 207 251 3762

Crossword Cybersecurity Plc (“Crossword”) the ISDX listed tech transfer company, is to partner with Coventry University to jointly explore commercial opportunities leveraging research conducted at Coventry into target centric network monitoring in cyberspace.

Dr Siraj Ahmed Shaikh, Reader in Cyber Security at Coventry University and his team has conducted extensive research in the area of threat attribution and monitoring using advanced Bayesian analytics. The approach taken provides a highly effective early warning system when networks are under threat and are widely applicable, particularly in detecting and responding rapidly to insider threats and advanced evasion techniques. Crossword is working exclusively with Dr Shaikh’s team to develop their work into a highly scalable platform to meet today’s cyber security challenges. 

Tom Ilube, Crossword’s CEO said “Coventry’s research is extremely compelling and we believe it will enable companies to react to time sensitive cyber incidents in a more efficient and cost effective way. Coventry’s applied research into Bayesian inference allows us to bring this exciting area of analysis into the cyber domain”

“We are delighted to be working with Crossword Cybersecurity on this exciting venture. Our research has the potential to significantly enhance early estimation of threat indicators for cyber defence, national security and critical infrastructure protection where defences rely on sensing. Working with Crossword would mean effective access to the market with the right product.” commented Dr Siraj Shaikh, Reader in Cyber Security at Coventry University.

ENDS

FOR FURTHER INFORMATION PLEASE CONTACT:

Tom Ilube – CEO, Crossword Cybersecurity Plc

www.crosswordcybersecurity.com

Tel: +44 (0)208 973 2350

Email: info@crosswordcybersecurity.com

Twitter: @crosswordcyber

 

Dr Siraj Ahmed Shaikh, Coventry University

https://www.coventry.ac.uk/

Email: s.shaikh@coventry.ac.uk 

Twitter: @CovUniResearch

 

ISDX Corporate Advisor 

Nick Michaels and Jon Isaacs, Alfred Henry Corporate Finance Limited

www.alfredhenry.com

Tel: +44 207 251 376

Crossword Cybersecurity has signed an agreement with Top 20 accountancy firm MHA MacIntyre Hudson to co-market Crossword’s Rizikon cyber risk analysis tool to its clients.

Under the terms of the agreement, MHA MacIntyre Hudson, with 85 partners and over 550 staff servicing the whole country, will introduce Rizikon to its large client base of small and medium-sized enterprises.

Rizikon is a new cyber risk assessment tool based on research undertaken by Professor David Stupples and his team at the Centre for Cyber and Security Sciences at City University, London. It is Crossword’s first commercial product, building on four years of research and development at the University.

Rizikon is targeted at busy bosses running growth enterprises, and is particularly valuable to financial and legal businesses where there is a regulatory requirement to demonstrate effective cyber security.

Among Rizikon’s benefits are its jargon-free summaries of a company’s existing security, broken down into the areas of greatest risk. It also recommends adjustments to existing protections, such as anti-virus and firewalls, to maximise their effectiveness.

Tom Ilube, founder of Crossword, said:

“Many SME bosses have neither the time nor the in-house expertise to stay on top of online threats, many of which can inflict substantial commercial and reputational damage to their businesses.

“We developed Rizikon as tool for the real world. it doesn’t demand technical expertise, hours of form filling and it works in tandem with existing online protections to maximize their effectiveness. We are delighted to be partnering with Rakesh and MHA MacIntyre Hudson and look forward to bringing the benefits of Rizikon to its clients.”c

Rakesh Shaunak, Chairman of MHA MacIntyre Hudson, said:

“I’m very pleased to be working with Tom Ilube, the founder of Crossword, whom I’ve known for many years and is a genuine innovator whom I respect greatly.

“Crossword has brought Rizikon to the SME market, which we share.  Rizikon offers our clients peace of mind, and is designed to spare their time and also, importantly, not baffle them with bewildering technical jargon.

”For our client firms in financial and professional services, there are regulatory requirements to demonstrate that effective cyber security protections are in place, and we believe Rizikon will also be a great help here.”

 

Further information, please contact:

Tom Ilube

CEO, Crossword Cybersecurity

Tel: +44 (0) 208 973 2350

Email: tom.ilube@crosswordcybersecurity.com

 

ISDX Corporate Advisor 

Nick Michaels and Jon Isaacs, Alfred Henry Corporate Finance Limited

www.alfredhenry.com

Tel: +44 207 251 3762

 

Rakesh Shaunak

Chairman and Managing Partner, MHA MacIntyre Hudson 

Mobile: 07979 517 231 

Email: Rakesh.Shaunak@mhllp.co.uk

 

Neil Boom

MD, Gresham PR Ltd.

Tel: +44 (0) 7866 805 108

Email: Neil.boom@greshampr.co.uk

About MHA MacIntyre Hudson

MHA MacIntyre Hudson is a top 20 UK accounting firm, offering a full range of compliance and advisory services to entrepreneurial businesses, groups and multinationals with operations in the UK. The firm has 85 Partners and over 550 staff in twelve offices in London and the South East, and across East Anglia and the Midlands, servicing the whole country. An independent member of MHA, a national association of accountancy firms. UK member of Baker Tilly International, a global association of independent accountancy and business advisory firms, and is registered to carry on audit work and regulated for a range of business activities by The Institute of Chartered Accountants in England and Wales.

www.macintyrehudson.co.uk

www.mha-uk.com

www.twitter.com/mhupdates

Crossword Cybersecurity Plc (“Crossword”) the ISDX listed tech transfer company, has appointed one of the world’s most distinguished computer scientists, Professor Nick Jennings CB FREng, as a Senior Adviser.

Professor Jennings served as the government’s inaugural Chief Scientific Adviser for National Security from 2010 to 2015, providing independent scientific advice on issues of national security. He is currently Regius Professor of Computer Science at the University of Southampton – the first holder of that title in the institution’s history.

Tom Ilube, Crossword’s CEO said “Professor Jennings has a unique perspective, ranging from the threats from cyber security to the challenges of commercialising university research. His advice will be invaluable to Crossword as we scale up our cyber security tech transfer activities.”

“I am delighted to be advising Tom and his team at Crossword” commented Professor Jennings. “I am keen to see more university research being commercialised and having an impact in the wider world, particularly in the crucial arena of cyber security.”

The Directors accept responsibility for this statement.

FOR FURTHER INFORMATION PLEASE CONTACT:

Tom Ilube – CEO, Crossword Cybersecurity Plc

www.crosswordcybersecurity.com

Tel: +44 (0)208 973 2350

Email: info@crosswordcybersecurity.com

Twitter: @crosswordcyber

ISDX Corporate Advisor 

Nick Michaels and Jon Isaacs, Alfred Henry Corporate Finance Limited

www.alfredhenry.com

Tel: +44 207 251 3762

About Crossword Cybersecurity

Crossword Cybersecurity is a technology commercialisation company focusing exclusively on the cyber security sector. Crossword works with research intensive European university partners to identify promising cyber security intellectual property (IP) from research that our industry partners tell us meet emerging real-world challenges.

Our specialist cyber security software engineering team work with our university partners to develop the research concept into a fully fledged commercial product that we then take to market.

www.crosswordcybersecurity.com

www.rizikon.io

www.twitter.com/crosswordcyber

Crossword Cybersecurity Plc (“Crossword”) the ISDX listed tech transfer company, is to partner with the University of Surrey to jointly explore commercial opportunities leveraging patented research in advanced information hiding. 

Dr Shujun Li, Deputy Director of the Surrey Centre for Cyber Security (SCCS) has conducted advanced research in the area of information hiding using information systems. The approach provides a highly efficient way to encode information into the normal ebb and flow of everyday use of computer systems. Crossword is working exclusively with Dr Shujun Li’s team to commercialise their work.

Tom Ilube, Crossword’s CEO said “University of Surrey is a world leader in the field of cyber security and is one of only 13 universities to be awarded Centre of Excellence status by the UK Government. We believe Surrey’s information hiding research will help tackle confidentiality and privacy problems faced worldwide by organisations and citizens alike.”

Dr Shujun Li, lead researcher on the project explained: “This research, for which a patent has been filed, provides a highly effective and covert way to scramble information into the daily use of information systems. This work reflects the Centre’s expertise in secure communications and as a result Crossword is working with our team of cyber security experts to develop its work into a highly flexible platform to meet today’s cyber security challenges”.

ENDS

FOR FURTHER INFORMATION PLEASE CONTACT:

Tom Ilube – CEO, Crossword Cybersecurity Plc

www.crosswordcybersecurity.com

Tel: +44 (0)208 973 2350

Email: info@crosswordcybersecurity.com

Twitter: @crosswordcyber

 

Dr Shujun Li – Deputy Director, Surrey Centre for Cyber Security, University of Surrey

https://www.surrey.ac.uk/

Email: shujun.li@surrey.ac.uk

Twitter: @UniofSurrey

Amy Sutton – Media Relations Officer, University of Surrey

Email: a.sutton@surrey.ac.uk

Tel: +44 (0)1483 686141

 

ISDX Corporate Advisor 

Nick Michaels and Jon Isaacs – Alfred Henry Corporate Finance Limited

www.alfredhenry.com

Tel: +44 207 251 3762

–  ENDS-

Crossword Cybersecurity Plc (ISDX: CCS) confirms that all resolutions were passed at its Annual General Meeting held yesterday at 4.30 pm.

FOR FURTHER INFORMATION PLEASE CONTACT:

Tom Ilube – CEO, Crossword Cybersecurity Plc
www.crosswordcybersecurity.com
Tel: +44 (0)208 973 2350
Email: info@crosswordcybersecurity.com
Twitter: @crosswordcyber

ISDX Corporate Advisor
Nick Michaels and Jon Isaacs, Alfred Henry Corporate Finance Limited
www.alfredhenry.com
Tel: +44 207 251 3762

ISDX Corporate Broker
Claire Louise Noyce
Tel: +44 203 764 2341
Email: claire.noyce@hybridan.com

Crossword Cybersecurity Plc, the technology commercialisation company focusing exclusively on cyber security, will today launch Nixer 1.0 at the InfoSecurity show at Kensington Olympia.  Nixer is a Machine-learning driven Application DDoS protection service and is available for Industry Partners to build into their own cyber security solutions.

Application-level (Layer 7) DDoS attacks now make up around 14% of all DDoS attacks – a steadily growing global problem. These sophisticated attacks are aimed at the application level, that is, the web site itself rather than being the traditional DDoS volumetric attempts to overwhelm the network.

Application DDoS attacks are hidden in normal web traffic, and are very difficult to distinguish automatically from legitimate web site use. Standard filtering methods often fail to address this rapidly emerging problem. Nixer complements and enhances traditional network level DDoS solutions.

Nixer is a next generation DoS protection platform focused exclusively on protecting the web layer of critical online services. Using machine learning techniques designed by prize winning cyber security researchers, and highly scalable architecture, Nixer blends innovative research from UK universities with cutting edge technology.

Deployed via virtual appliance, physical server or private/public cloud, Nixer provides an extremely fast, highly resilient and easy to deploy solution for application-layer (layer 7) DDoS protection.

Tom Ilube, Crossword’s CEO said “As attackers evolve from simple, large scale DDoS to sophisticated application attacks, responses need to adapt to tackle this growing problem. Nixer directly addresses this challenge and is Crossword’s second successful cyber security product derived from University research. It shows that our technology commercialisation model is bearing fruit”.

Industry Partners

Crossword is now seeking Industry Partners with complex or critical Application-layer DoS/DDoS problems.  Crossword will provide full engineering and implementation support to work with the Partner to achieve their technical and commercial goals and enable the Partner to enhance their cyber security portfolio by offering this advanced DDoS solution to their own clients.

To find out more visit https://www.crosswordcybersecurity.com/nixer or you can also see Nixer being shown at stand T80 as part of the InfoSecurity show at Olympia from today 7th June.  https://www.infosecurityeurope.com/en/Exhibitors/1252579/Crossword-Cybersecurity.

FOR FURTHER INFORMATION PLEASE CONTACT:

Tom Ilube – CEO, Crossword Cybersecurity Plc

www.crosswordcybersecurity.com

Tel: +44 (0)208 973 2350

Email: info@crosswordcybersecurity.com

Twitter: @crosswordcyber

 

ISDX Corporate Advisor

Nick Michaels and Jon Isaacs, Alfred Henry Corporate Finance Limited

www.alfredhenry.com

Tel: +44 (0)207 251 3762

 

ISDX Corporate Broker

Claire Louise Noyce – CEO, Hybridan LLP

Tel: +44 (0)203 764 2341

Email: claire.noyce@hybridan.com

Cyber security consultancy, Qonex, has signed an agreement with Crossword Cybersecurity, to use Rizikon in its baseline security assessment service across its small and medium-sized enterprise (SME) client base.

The official launch of the partnership takes place today at the National Space Centre in Leicester during the East Midlands Cyber Security Conference and Expo.

Rizikon is a cyber risk assessment tool based on research undertaken by Professor David Stupples and his team at the Centre for Cyber and Security Sciences at City University, London. It is Crossword’s first commercial product, building on four years of research and development at the University.

Among Rizikon’s benefits are its jargon-free summaries of a company’s existing security, broken down into the areas of greatest risk. It also recommends adjustments to existing protections, such as anti-virus and firewalls, to maximise their effectiveness.

The tool is now an integral part of Qonex’s baseline security assessment service, designed to analyse an SME’s security preparedness, giving boards actionable advice and guidance. The service also demonstrates the organisation’s readiness to undertake a Cyber Essentials certification. 

Achieving the UK Government’s Cyber Essentials certification is mandatory for some government contracts. It is also useful for any supplier to show to its prospective customers that it has taken the necessary steps to protect itself from the harm of cyber-attacks. 

Tom Ilube, founder of Crossword, said:

    “Many SME bosses have neither the time nor the in-house expertise to stay on top of online threats, many of which can inflict substantial commercial and reputational damage to their businesses.

    “We developed Rizikon as tool for the real world. it doesn’t demand technical expertise, hours of form filling and it works in tandem with existing online protections to maximise their effectiveness.”

Colin Robbins, Managing Consultant of Qonex, said:

        “Many approaches to cyber security attempt to stimulate companies into action using fear, uncertainty and doubt. The use of Rizikon enables us to provide quantitative evidence, based on current threat intelligence, to support our actionable advice and guidance.  

    ”For many of our clients, there are regulatory or customer requirements to demonstrate that effective cyber security protections are in place. We believe Rizikon will be a great help here, generating a focused report to either support a Cyber Essentials certification, or as part of continuing business improvement”

About Qonex

Qonex enables organisations to maximise the value from technology, by establishing business strategies to prevent cyber-attacks causing harm.

Its approach is to work with senior decision makers, to assess the impact a security failure could have on a business, and implement strategies and governance structures to manage the risks.

Qonex recognises good cyber security is a combination of processes, people and technology, and work with businesses to identify the appropriate combination of cyber security controls via a suite of services.

Further information, please contact:

Tom Ilube
CEO, Crossword Cybersecurity
Tel: +44 (0) 20 8973 2350
Email: info@crosswordcybersecurity.com

Kevin Spencer
Marketing Communications Manager, Qonex – the consulting arm of Nexor
Tel: +44 (0) 115 952 0573
Email: kevin.spencer@qonex.com

ISDX Corporate Advisor (Crossword)
Nick Michaels and Jon Isaacs, Alfred Henry Corporate Finance Limited
www.alfredhenry.com
Tel: +44 (0)207 251 3762
 
ISDX Corporate Broker (Crossword)
Claire Louise Noyce – CEO, Hybridan LLP
Tel: +44 (0)203 764 2341
Email: claire.noyce@hybridan.com

Crossword Cybersecurity are delighted to be showcasing their capabilities as innovation partners and members of Lockheed Martin’s Virtual Technology Cluster. The demonstration days are being held at Lockheed Martin’s IS&GS innovation centre during Farnborough Air Show 2016.

Crossword are presenting their two released cyber security products, Rizikon and Nixer as well as four R&D projects in areas such as IOT, Smart Cities, Blockchain controlled documents, Steganography and Computation on Encrypted Data.