Crossword Crossword Cybersecurity plc: License agreement

 
TIDMCCP 
 
Crossword Cybersecurity plc: License agreement 
FOR:  CROSSWORD CYBERSECURITY PLC 
 
GXG SYMBOL:  CCP 
 
April 24, 2015 
 
Crossword Cybersecurity plc: License agreement 
 
LONDON, UNITED KINGDOM--(Marketwired - April 24, 2015) - 
 
Crossword Signs License Agreement With City University London to Commercialise Cyber Risk Assessment Research 
 
Crossword Cybersecurity Plc ("Crossword" or "the "Company") the GXG Main Quote listed company with ISIN 
B00BPFJXS57 announces today a license agreement to develop and market a cyber-risk assessment product, based on 
research led by Professor David Stupples of City University London. Professor Stupples is a Non-executive 
Director of Crossword Cybersecurity plc. 
 
A key challenge facing Chief Information Security Officers (CISOs) is how to evaluate a company's overall risk 
of being a victim of cyber-attack and where to focus their investment in cyber defenses. City University's 
research, based on approaches to making risk-based safety decisions in the nuclear industry, is one of the 
first structured approaches to quantifying the probability of cyber attack. 
 
Professor Stupples, Director of the Centre for Cyber Security Sciences, City University said: "There has been 
interest in our cyber risk research for some time from the finance, insurance and transport communities. I am 
delighted about this deal as we needed a partner like Crossword, with the resources and expertise to develop a 
product based on our research, so companies can put it into action." 
 
Tom Ilube, Crossword's CEO, said "Combining City University's research with our cyber security software 
development capability, we are building a world-class cyber risk assessment tool. This tool, which will be 
delivered as a service (SaaS) available worldwide, will allow organisations to develop a picture of what real 
cyber threats they face and advise them on how to prioritise investment." 
 
 
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FOR FURTHER INFORMATION PLEASE CONTACT: 
 
Tom Ilube, CEO, Crossword Cybersecurity Plc 
www.crosswordcybersecurity.com 
Tel: [phone] 
Email: [e-mail] 
Twitter: @crosswordcyber 
 
OR 
 
John Stevenson, Senior Communications Officer 
City University 
www.city.ac.uk 
Tel: [phone] 
[e-mail] 
 
OR 
 
GXG Corporate Advisor 
Nick Michaels and Jon Isaacs 
Alfred Henry Corporate Finance Limited 
www.alfredhenry.com 
Tel: [phone] 
 
 
 
 
 
Crossword Cybersecurity plc