Crossword Cybersecurity inks new deal with Leonardo

Crossword Cybersecurity announced on Tuesday that the UK arm of international defence and security company Leonardo has selected its supplier assurance and third party risk management platform ‘Rizikon’ to assist in its assessment of supply chain cyber risk.

The AIM-traded firm said Leonardo would use the Rizikon platform to enhance visibility, automation and efficiency in its assessment of cyber risks throughout its supply chain of 2,100 companies in the UK – two-thirds of which are small-to-medium enterprises.

It said the platform would be used as part of its new supplier on-boarding process, and could also be used to assess existing suppliers over time.

Crossword said it had been working with Leonardo on a number of initiatives, with the new agreement “further cementing” their partnership.

“This marks another step in our partnership as we continue to build a strong relationship with Leonardo,” said group sales director Sean Arrowsmith.

“Their selection of Rizikon for the delivery of this important service is testament to how far the platform has developed, its ease of use and powerful capabilities.

“We are looking forward to working closely with the Leonardo team as they roll out the platform and the service.”

At 0922 GMT, shares in Crossword Cybersecurity were up 0.76% at 21.16p.

Reporting by Josh White for