Contract Win in Financial Services Sector

RNS Number : 3280H

Brandshield Systems PLC

03 August 2021

 

BrandShield Systems plc

("BrandShield", or the "Company")

BrandShield Contract Win in Financial Services Sector

BrandShield Systems plc (AIM: BRSD), a leading provider of cybersecurity solutions from brand protection to online threat hunting, is pleased to announce that it has completed a contract with a customer in the financial services sector.  The client is a multi-billion dollar valued investment and wealth management company operating globally. 

BrandShield will provide a broad suite of services to the client including online protection against phishing, fraud and impersonation as part of the annual recurring and auto-renewing SaaS contract.  The BrandShield solution will integrate previously locally executed protection capabilities into a globally co-ordinated system, identifying networks of fraudulent activity across country and continental borders.  The client has also integrated the efforts of several functions within the enterprise including legal, marketing and cyber security teams, all of whom will exploit the intelligence provided by the BrandShield platform. 

Yoav Keren, co-founder and CEO of BrandShield, said:  

Yoav Keren said: "The automation integral to the BrandShield system acts as a massive force multiplier to the existing, often dis-jointed brand protection processes that some companies use currently.  This client will be able to seamlessly harness the power of our platform, leading to massive efficiencies and co-ordinated actions across multiple business functions, all of whom will have real time and actionable intelligence at their fingertips.  We are delighted that this global business has trusted BrandShield to protect it against the huge problem of online fraudulent activity targeting its existing and potential customers."

  For further information please visit  https://www.brandshield.com/   or contact:  

BrandShield Systems plc Yoav Keren, CEO	[phone]
Spark Advisory Partners Limited  (Nominated Adviser) Neil Baldwin / Andrew Emmott / James Keeshan	[phone]
Shore Capital  (Joint Broker)  Toby Gibbs / James Thomas / Sarah Mather (Corporate Advisory) Henry Willcocks (Corporate Broking)	[phone]
Tennyson Securities  (Joint Broker) Peter Krens	[phone]
VSC  (PR Agency US) Justin Higgins	[e-mail]

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About BrandShield

BrandShield is a leading cybersecurity company founded in Israel by cybersecurity experts that protect the world's largest brands and consumers from phishing attacks, online fraud, and other online threats posed by dangerous cybercriminals. Through its AI/ML platform, BrandShield identifies, tracks, and eliminates online threats for global brands and organizations, including Bristol Myers Squibb, Levi's, NewBalance, Swisscom, and the Pharmaceutical Security Institute. BrandShield is listed on the London Stock Exchange AIM under ticker symbol BRSD. To learn more about BrandShield, please visit the company website at  www.BrandShield.com .

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For more information, please contact:

E:  [e-mail]  

Ross Copping

T:  020 3983 8298

 

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