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- Cipherpoint’s (CPT) subsidiary, Brace168, has signed a $720,000 agreement with Ingenia Communities Group (INA)
- Under the terms of the agreement, Brace 168 will provide Ingenia Communities with a managed detection and response solution
- The contract value includes the setup, along with a monthly managed service and reporting over the term
- Meanwhile, Brace168 has also secured contracts with Sandstone Technology and Guide Dogs NSW/ACT
- Cipherpoint was up 17.1 per cent, trading at 4.1 cents at 1:05 pm AEDT
Cipherpoint’s (CPT) subsidiary Brace168 has signed a $720,000 agreement with Ingenia Communities Group (INA).
Based in Sydney, Brace168 provides IT and cyber security solutions to a broad range of enterprise sectors and government.
Under the terms of the agreement, Brace168 will provide Ingenia Communities with a managed detection and response solution.
Igenia Communities is an Australian property group that owns, operates and develops a growing portfolio of affordable seniors communities and affordable holiday parks.
The contract value includes the setup, along with a monthly managed service and reporting over the term.
Additionally, Brace168 has secured a three-year contract with software and tech services company Sandstone Technology.
The $13,500 contract will see Brace168 conduct a security assessment, along with various cybersecurity services.
Brace168 Chief Operating Officer, Matt Miller, said Brace168 is “changing the way companies look at their application security and [is] pleased to work with leaders in Fintech such as Sandstone.”
Brace168 has also entered an agreement to provide security services to Guide Dogs NSW/ACT for $55,000.
Cipherpoint was up 17.1 per cent, trading at 4.1 cents at 1:05 pm AEDT.
