DRUM.L Regulatory News (DRUM)

RNS REACH

30 May 2023

Drumz plc 

('Drumz' or the 'Company')

Update on investee company

The Directors of Drumz plc are delighted that its subsidiary, Acuity Risk Management Ltd ("Acuity"), an industry leader in cyber and IT risk management, has signed a new partnership with award-winning cyber security service provider Nettitude. Nettitude will be joining Acuity's network of partners as a reseller of STREAM Integrated Risk Manager - Acuity's GRC platform highly rated 4.8/5 and 4.5/5 stars on Gartner Peer Insights and G2 respectively.

Nettitude is at the forefront of the industry, offering innovative solutions to tackle the ever-evolving cyber security challenges. With a focus on threat-led services, Nettitude provides technical assurance, advisory, security testing, incident response, and managed security offerings. The company's expertise has earned it certification from various governing bodies for its work in regulated industries, including the financial sectors and payment card industry, as well as recognition for its breadth and depth of managed services delivered to a global client base. Nettitude's status as the only organisation in the world with a full suite of CREST accreditations underscores its commitment to delivering superior cybersecurity solutions.

Acuity's purpose-built STREAM Integrated Risk Management (IRM) platform delivers a comprehensive view of risk and compliance across the enterprise by integrating cyber risk with IT and operational risks. The platform models the complex relationships in cyber security risk management and presents the results in a user-friendly interface, allowing executives and security leaders to make informed risk decisions. Acuity's executive team continually innovates and is committed to customer excellence in helping companies prepare and protect themselves while embracing digital transformation.

Mike Hubbard, Security and Network Solutions Team Leader for Nettitude, said: "We are excited to partner with Acuity and to continue to provide a high standard of cyber security, risk management and GRC services to our global customers. Acuity's STREAM is well-placed to support the needs of varied organisations in highly regulated industries with its powerful, no-code configurability IRM platform." To find out more about Nettitude, visit their website.

Kerry Chambers, Chief Commercial Officer, said: "Acuity is delighted to be partnering with Nettitude, who have extensive experience in developing and deploying cyber security solutions. With mounting regulatory pressure across the world, the combined expertise of Nettitude and Acuity offers a great opportunity for organisations to adopt an Integrated Risk Management strategy, providing the necessary clarity to navigate complex risk landscapes. Nettitude and Acuity are committed to delivering innovative solutions to help global organisations mitigate risks and achieve their cybersecurity objectives."

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