Crossword Cybersecurity plc

January 13, 2016 03:00 ET

Agreement with MHA MacIntyre Hudson


Crossword  signs  agreement  with  MHA  MacIntyre Hudson to co-market  Cyber  Risk  Analysis  Tool

Crossword Cybersecurity has signed an agreement with Top 20 accountancy firm MHA MacIntyre  Hudson
to co-market Crossword's Rizikon cyber risk analysis tool to its clients.

Under  the  terms  of  the agreement, MHA MacIntyre Hudson, with 76 partners and  over  500  staff
servicing  the whole country, will introduce Rizikon to its large client base of small and  medium

Rizikon  is  a  new  cyber risk assessment tool based on research undertaken  by  Professor  David
Stupples and his team at the Centre for Cyber and Security Sciences at City University, London. It
is Crossword's first commercial product, building on four years of research and development at the

Rizikon  is  targeted at busy bosses running growth enterprises, and is particularly  valuable  to
financial  and  legal businesses where there is a regulatory requirement to demonstrate  effective
cyber security.

Among  Rizikon's  benefits are its jargon-free summaries of a company's existing security,  broken
down into the areas of greatest risk. It also recommends adjustments to existing protections, such
as anti-virus and firewalls, to maximise their effectiveness.

Rakesh Shaunak, Chairman of MHA MacIntyre Hudson, said:

"I'm very pleased to be working with Tom Ilube, the founder of Crossword, whom I've known for many
years and is a genuine innovator whom I respect greatly.

"Crossword  has  brought Rizikon to the SME market, which we share.  Rizikon  offers  our  clients
peace  of  mind, and is designed to spare their time and also, importantly, not baffle  them  with
bewildering technical jargon.

"For our client firms in financial and professional services, there are regulatory requirements to
demonstrate  that effective cyber security protections are in place, and we believe  Rizikon  will
also be a great help here."

Tom Ilube, founder of Crossword, said:

"Many  SME  bosses  have  neither the time nor the in-house expertise to stay  on  top  of  online
threats,  many  of  which  can  inflict substantial commercial and reputational  damage  to  their

"We developed Rizikon as tool for the real world. it doesn't demand technical expertise, hours  of
form  filling  and  it  works  in  tandem  with existing  online  protections  to  maximize  their
effectiveness.  We are delighted to be partnering with Rakesh and MHA MacIntyre  Hudson  and  look
forward to bringing the benefits of Rizikon to its clients."

The Directors accept responsibility for this statement.


Further information, please contact:

Rakesh Shaunak                                   Neil Boom
Chairman and Managing Partner                    MD, Gresham PR Ltd.
MHA MacIntyre Hudson                             Tel: +44 (0) 7866 805 108
Mobile: 07979 517 231                            Email:

Tom Ilube                                        ISDX Corporate Advisor
CEO                                              Nick  Michaels  and  Jon Isaacs,  
Crossword Cybersecurity                          Alfred Henry Corporate Finance Limited
Tel: +44 (0) 208 973 2350                        Tel: +44 207 251 3762

About MHA MacIntyre Hudson
MHA  MacIntyre  Hudson  is a top 20 UK accounting firm, offering a full range  of  compliance  and
advisory services to entrepreneurial businesses, groups and multinationals with operations in  the
UK.  The  firm has 76 Partners and over 500 staff in twelve offices in London and the South  East,
and  across  East Anglia and the Midlands, servicing the whole country. An independent  member  of
MHA, a national association of accountancy firms. UK member of Baker Tilly International, a global
association of independent accountancy and business advisory firms, and is registered to carry  on
audit  work  and  regulated  for  a range of business activities by  The  Institute  of  Chartered
Accountants in England and Wales.

About Crossword Cybersecurity
Crossword  Cybersecurity  is a technology commercialisation company focusing  exclusively  on  the
cyber  security  sector. Crossword works with research intensive European university  partners  to
identify  promising  cyber  security intellectual property (IP) from research  that  our  industry
partners tell us meet emerging real-world challenges.

Our  specialist  cyber  security software engineering team work with our  university  partners  to
develop the research concept into a fully fledged commercial product that we then take to market.

13th January 2016

Contact Information

  • Crossword Cybersecurity plc