Our client WhiteHawk (ASX: WHK) is the first global online cyber security exchange that enables small-to-medium businesses to take smart actions against cybercrime, fraud and disruption. WhiteHawk has recently been featured in an article by Stockhead.

The article opens with a captivating statement: 

"Special Report: WhiteHawk has advanced its industry-leading Cyber Risk Program in response to recent demands that banks and financial institutions improve fortification of computer systems."

WhiteHawk has launched its advanced industry leading Cyber Risk Program, allowing Australian financial institutions to rapidly respond and ensure the safety of their own internal systems and the systems of the countless Australian businesses that they serve.

According to Stockhead, the launch comes in response to increased requirements from the Council of Financial Regulators (CFR), which last week told banks and financial institutions in Australia to take a more proactive approach to cyber security following rising threats.

The article further highlights the increase in WhiteHawk's share price thanks to the launch of the Advanced Cyber Risk Program:

"WhiteHawk shares rose 18% this morning following the announcement, with the WhiteHawk Cyber Risk Program addressing all key CFR criteria, including providing data and information to inform relevant regulators of systemic weaknesses and reviewing the resilience of the financial institutions to known adversaries."

WhiteHawk executive chair, Terry Roberts, said they would continue to fully support all current clients and potential customers seamlessly and effectively throughout the current global pandemic, via an online platform, SaaS product lines and virtual consults.

"WhiteHawk remains committed to delivering the most comprehensive marketplace of Cybersecurity online and SaaS services to businesses internationally and invites all Australian businesses to partner with us to make the future of Australian business more secure for each and every one of us."

Read the full Stockhead article here.

Read the full ASX announcement here.

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