Cybersecurity specialist firm WhiteHawk (ASX: WHK) has secured its first contract as a publicly listed company having completed its ASX listing earlier this year.
Claiming to be the “world’s first cybersecurity exchange”, WhiteHawk has secured the first sale of its 360 Cyber Risk Framework through a US$325,000 (A$433,000) contract.
WhiteHawk offers its users a cloud-based cybersecurity exchange platform that delivers “solutions on demand” for small and medium-sized businesses (SMBs). The platform enables customers to leverage their custom security profile to find appropriate tools and content via specialised algorithms to better understand how to improve and stay ahead of threats.
Remaining tight-lipped as to the identity of its client, WhiteHawk said that the contract is with a “top 10 financial institution” in the US, focused on identifying its exposure to business and cybersecurity risk through its 50 most critical sub-contractors. The initial phase of the contract will commence later this month and will be “executed over the course of 45 days”, the company said.
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