Falanx Cyber Update

RNS Number : 7218H

Falanx Group Limited

18 March 2015

 

Embargoed until: 0700 hrs 18 March

FALANX GROUP LIMITED

("Falanx" or "the Company")

Falanx Cyber Update

·    Launch of Security Operations Centre

·    Agreement with ZeroDayLab

Falanx Group Limited, a security and risk management consultancy working with blue chip and government clients worldwide, is pleased to report an update on its Cyber operations.

The Group's Security Operations Centre (SOC) is now fully operational from its Reading base. It was developed with Falanx's partner Assuria Limited and meets all UK Government recommended standards.

The SOC will provide a platform for the Group's Protective Monitoring solution, which is designed specifically to secure computer networks at the boundary and across data sources. The solution provides management and analysis of data and the provision of helpdesk services to continuously protect both legacy and cloud computing networks and systems from hostile attack, unauthorised data access, data theft, malicious damage, failure of process or technology, and human error.

In addition, the Group has agreed a Value Added Reseller (VAR) contract with ZeroDayLab, a leading provider of cyber security solutions. ZeroDayLab estimates that this agreement will attract orders in the region of £500k over the coming year.

Following on from the contract with CERT UK, the UK Government's Cyber Watchdog and joint venture with Principia Underwriting, Falanx Assuria has also commenced technical evaluation with several system integrators to deliver its Protective Monitoring service across their client base and projects.

John Blamire, CEO of Falanx Group, commented:

"We are pleased with the progress we have made towards becoming a major player in the Cyber Defence field over the last six months. Interest in our new service has continued to mount and we are optimistic about our future as a significant global provider of advanced Cyber Defence solutions.

"We are very proud to be associated with organisations such as Principia Underwriting and ZeroDayLab, who share our ambition to change the Cyber Security landscape for the benefit of the UK and our global clients."

Kevin Roberts, Managing Director of ZeroDayLab commented:

"We're delighted to be partnering with Falanx Assuria for our Next Generation SOC service providing 360 degree Threat Intelligence.  An effective SOC is a vital component of an effective security strategy and this collaboration enables us to deliver a world-class SOC service for our clients which combined with our market-leading security consulting services, will deliver an unrivalled, comprehensive approach to security strategy that is needed in today's constantly changing threat environment."

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Enquiries:

Falanx Group Limited John Blamire, Chief Executive www.falanxgroup.com	+ 44 (0) 20 7856 9457
Charles Stanley Securities Nominated Adviser & Broker	[phone]
Mark Taylor
Redleaf PR Rebecca Sanders-Hewett/Jenny Bahr/ Rachael Brown	[phone]

Notes to Editors:

About Falanx Group

§ Falanx Group Limited is a global intelligence, security and cyber defence provider working with blue chip and government clients.

§ The Group has three business divisions:

-  Falanx Intelligence: Political & Security Risk and Business Intelligence services

-  Falanx Resilience: Security Consultancy, Crisis Management and asset and facility security

-  Falanx Cyber: Comprehensive cloud-based cyber security services

§ The Group listed on AIM in June 2013 under ticker FLX.

§ For more information: http://www.falanxgroup.com/

About ZeroDayLab

Established in 2011, ZeroDayLab is a well-respected and award-winning UK IT Security Consultancy with a unique holistic approach to Total Security Management. ZeroDayLab's 4 Cornerstone approach combines a portfolio of 24 IT Security Services which dovetail with leading-edge complementary security solutions to provide maximum value to its clients. 

ZeroDayLab conducts 240+ assignments annually for key leading enterprise organisations across EMEA in vertical markets which include BFSI, Retail, Telco, E-commerce and Transportation.

ZeroDayLab has offices in London, Manchester and Brighton & Hove, a dedicated team of IT Security experts in the Netherlands serving the Benelux region and a team of software developers and Ethical Hackers in Bangalore, India. 

www.zerodaylab.com

 

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