Europa are delighted to link with I3E and look forward to early September Serenity appraisal spud. Watch the full video here.

Less Ads, More Data, More Tools Register for FREE

GRC International wins PCI and cloud security contracts

Fri, 27th May 2022 12:27

(Alliance News) - GRC International Group PLC on Friday said it had signed a multi-year payment card industry security testing contract, marking a "strong" start to the year.

Shares in the Ely, England-based provider of products and services for IT governance, risk management & compliance were up 5.7% at 28.00 in London on Friday afternoon.

The multi-year PCI contract, which has been signed with an unnamed "provider of managed network solutions", is expected to generate GBP140,000 over a three-year term.

Further, the company said that its recently launched cloud security consultancy service had signed its first contract.

GRC said that the two contracts combined represent a "strong" start for company's strategy going forward.

"In the first seven weeks of this financial year, the value of customer contracts won in our technical security business is 107% up on the same period a year ago," Chief Executive Alan Calder added.

By Sophie Rose;

Copyright 2022 Alliance News Limited. All Rights Reserved.

Related Shares

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.