Project Clover contract extension with TikTok
RNS Reach
28 January 2025
NCC Group plc
NCC Group signs three-year Project Clover contract extension with TikTok
NCC Group, a people-powered, tech-enabled global cyber security business, has signed a three-year contract with TikTok to extend and enhance its role as independent security provider to Project Clover - a comprehensive programme delivering enhanced and innovative data security measures and standards for TikTok's European users' data.
· Three-year contract signed following a highly successful first year of delivery on Project Clover, TikTok's European enhanced data security programme - protecting 175 million TikTok users across the European Economic Area, Switzerland and the United Kingdom.
· Project Clover sees TikTok investing €12 billion in European data security over ten years, setting a 'gold standard' for data security and, going above and beyond regulatory requirements and the measures of industry peers.
· 'Gold standard' measures pave the way for industry and peers to follow Project Clover's lead and increase European data security measures across the continent.
· Over the next three years, NCC Group will continue to assure, monitor and enhance the privacy and security of TikTok's European user data.
· NCC Group is testing TikTok's cutting edge solutions to protect TikTok's users including advanced Privacy Enhancing Technologies (PETs).
Stephen Bailey, Global Director of Privacy, NCC Group, commented:
"Project Clover is setting a new gold standard for data privacy and security. The innovative work that NCC Group is delivering today will form a blueprint for industry peers and regulators for years to come. Rarely does a company of TikTok's scale hand this level of responsibility, access and independence to a third-party security provider. As we look forward to the next three years delivering on Project Clover, we will continue to deploy cutting edge solutions, engage with authorities and set an example that will enhance data security for Europeans - not only through TikTok but across the industry."
Mike Maddison, Chief Executive Officer, NCC Group, commented:
"Project Clover is an outstanding example of NCC Group delivering ground-breaking cyber security on the global stage, reflected in TikTok's commitment to extending our role for a further three years. Project Clover is NCC Group at its best, collaborating across capabilities, innovating technical solutions to complex challenges, engaging with authorities and delivering gold standard work for our clients that makes their customers more secure than ever before."
Christine Grahn, Head of Public Policy for Europe, TikTok, commented:
"NCC Group provides an unprecedented level of transparency and independent oversight across our European data security. We are delighted with the rapid progress already made, including NCC Group now continuously monitoring the additional security gateways around our European user data, and look forward to continuing to work with them in setting new industry standards for data security over the next three years."
The full press release is available here: https://www.nccgroup.com/uk/newsroom/ncc-group-signs-three-year-project-clover-contract-extension-with-tiktok/
Read more on Project Clover here: https://www.nccgroup.com/us/project-clover-a-year-on/
Contact information
Investor enquiries:
|
Yvonne Harley Director of Investor Relations & Sustainability |
Tel: +44(0)7824 412405 |
Media enquiries:
|
H/Advisors Maitland Sam Cartwright/Genevieve Ryan |
Tel: +44(0)20 379 5151 |
About NCC Group
NCC Group is a people-powered, tech-enabled global cyber security and software escrow business.
Driven by a collective purpose to create a more secure digital future, c2,000 colleagues across Europe, North America, and Asia Pacific harness their collective insight, intelligence, and innovation to deliver cyber resilience for over 14,000 clients across the public and private sector.
With decades of experience and a rich heritage, NCC Group is committed to developing sustainable solutions that continue to meet clients' current and future cyber security challenges.
Investors: https://www.nccgroupplc.com
Clients: https://www.nccgroup.com
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