Crossword Cybersecurity Plc (AIM:CCS, “Crossword”, the “Company” or the “Group”), the technology commercialisation company focused solely on cyber security and risk management, today announced that The IASME Consortium Limited (“IASME”), the UK Government’s National Cyber Security Centre’s Cyber Essentials Partner, has selected Crossword’s Rizikon Assurance as the core platform to support a new Internet of Things (IoT) device security certification programme. The certification programme is a new scheme designed to give confidence to consumers and businesses that IoT devices have attained a minimum accepted level of security.
The exponential growth of smart IoT devices in homes and businesses make many aspects of day-to-day life more convenient, saving both time and money. For businesses, IoT can reveal new insights, improve efficiency and create new revenue opportunities. However, IoT devices can also put us at greater risk of cyber threats. This drove IASME, with the support of Government funding, to develop and launch the IoT security certification scheme, addressing the need for greater standards and controls to protect businesses and families from potential cyber-attacks, data loss and privacy invasion.
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IASME identified Rizikon Assurance, Crossword’s third-party risk assurance platform, as the solution to deliver the new IoT certification at scale, supporting IASME’s certification bodies and device manufacturers, through its secure cloud-based platform. Rizikon Assurance improves the scalability, security and auditability of third-party assurance and due diligence through its automated, centralised and encrypted platform. Bespoke adaptations to Rizikon will be completed in 2020, to facilitate the launch of the new assessments.
Tom Ilube CBE, CEO at Crossword Cybersecurity PLC, said: “Crossword is pleased to have this formal engagement with IASME, and to be working with them on their new certifications. With the huge growth in IoT greatly increasing the cyber security threat surface, the confidence that devices and systems are protected, provided by an IASME IoT certification is invaluable.”
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Dr Emma Philpott MBE, CEO, IASME Consortium, said: “We are really delighted to be working with Crossword and its Rizikon Assurance platform. The Crossword team has been working hard to ensure Rizikon meets our requirements and we are looking forward to delivering this exciting new certification scheme on the platform.”