Brookcourt Solutions wins contract renewals worth almost $1.5m

The renewals for its cybersecurity solutions are worth over $1.1m and around £450k respectively

Shearwater Group has announced that its group company, Brookcourt Solutions, has secured two contract renewals with a "leading global financial organisation".

The first is a one-year contract totalling over $1.1m which will see the provider of cybersecurity and risk management services continue to support and deliver real time visibility for big data, which the company claims will "actively contribute to enhancing security and compliance within the organisation".

And the second is a renewal for the delivery and support of insider threat management software on a 16-month contract with a value of c. £450k.

It says the contract will "actively contribute in helping the bank detect, investigate and prevent potential insider threat incidences with real-time alerts".

Phil Higgins, group CEO, Shearwater, said: "These contract renewals with a leading global financial organisation represent yet another endorsement of Shearwater as a supplier of choice able to continue to leverage and deploy our deep understanding of best-in-class technologies for clients in the financial sector, which recognises the rising importance of maintaining vigorous cyber and security operations."