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IN BRIEF: Smarttech247 wins EUR900,000 cybersecurity order

Wed, 01st Nov 2023 10:08

Smarttech247 Group PLC - Cork-based artificial intelligence-enhanced cybersecurity services provider - Signs new deal with a unnamed "global pharmaceutical solutions organisation" based in the US worth around EUR900,000 over three years. As part of the contract Smarttech247 will deploy its artificial intelligence-enhanced VisionX platform, which it said will help the client strengthen its cybersecurity. Smarttech247 Chief Executive Officer Raluca Saceanu comments: "We are delighted to be chosen as a trusted cybersecurity partner to one of the largest global pharmaceutical solutions organisations. The pharmaceutical industry faces unique challenges in safeguarding critical and sensitive data, and we are committed to ensuring that we provide the highest level of cybersecurity protection and support. With the VisionX platform at their disposal, we will be able to greatly elevate its cybersecurity defences, ensuring the integrity of its critical data, and the protection of its intellectual property."

Current stock price: 24.00 pence, up 2.0%

12-month change: down 21%

By Greg Rosenvinge, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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