WhiteHawk (ASX: $WHK) 5th year renewal of US Federal Cyber Risk Radar contract

WhiteHawk Limited (ASX: $WHK) has announced the 5th year renewal of its Federal Cyber Risk Radar contract with the US Federal Government, valued at USD $700K base with the option for additional services. The annual subscription monitors, identifies, and prioritizes both cyber and business risks of a key 3rd Party Suppliers across the client's vendor portfolio.

Executive Commentary on 5th year renewal of US Federal Cyber Risk Radar contract

This renewal, marking our fifth consecutive year of providing our Cyber Risk Radar to our US Federal Government client demonstrates our commitment to deliver top-tier cyber risk SaaS services and our focus on growing annual recurring revenues. By continually enhancing our capabilities in risk research and analytics, as well as automated compliance mapping, we ensure that our clients are well-informed and stay ahead of potential third-party threats. This renewal underscores the trust and confidence our clients place in our expertise and the value we bring to their security operations. We look forward to continuing our partnership and driving innovation in the third-party risk landscape.

Summary of 5th year renewal of US Federal Cyber Risk Radar contract

WhiteHawk Limited (ASX: $WHK) has successfully secured the 5th year renewal of its Federal Cyber Risk Radar contract with the US Federal Government, valued at USD $700K base with the option for additional services. The renewal demonstrates the company's commitment to delivering top-tier cyber risk SaaS services and its focus on growing annual recurring revenues. WhiteHawk's Cyber Risk Radar enables clients to assess, identify, monitor, prioritize, and mitigate business and cyber risks of their supply chain vendors. The company's continuous enhancement of capabilities in risk research and analytics, as well as automated compliance mapping, ensures that clients are well-informed and stay ahead of potential third-party threats. The renewal underscores the trust and confidence clients place in WhiteHawk's expertise and the value it brings to their security operations. The company looks forward to continuing its partnership and driving innovation in the third-party risk landscape.