Category Label

Client Announcements

Smarttech247 Group PLC - S247 Signs Contract with Financial Organisation

  •   25 April 2024

RNS Number : 9284L

Smarttech247 Group PLC

25 April 2024



Reach Announcement

25 April2024

Smarttech247 Group PLC

("Smarttech247", the "Group" or the "Company")

Smarttech247 Signs New Three-Year Contract with Prominent Financial Organisation


Smarttech247 (AIM: S247), a multi-award-winning provider of AI-enhanced cybersecurity services providing automated managed detection and response for a portfolio of international clients, is pleased to announce that it has signed a new contract with a large banking and insurance organisation, worth€720,000 over three years.


The contract encompasses both Smarttech247's VisionX Managed Detection and Response (MDR) capability as well as its customised governance, risk, and compliance (GRC) services. Smarttech247 will offer its client round-the-clock monitoring and rapid incident response, information security and risk capabilities, as well as data loss prevention (DLP) solutions to ensure regulatory compliance and protection against imminent cyber threats.


Raluca Saceanu, CEO of Smarttech247, commented:


"We are delighted to announce our most recent contract win with a prominent financial organisation. At Smarttech247, we aim to be a partner to our clients, rather than just a supplier, and as part of this strategy, we are dedicated to ensuring our clients receive high-quality, flexible security services.


"We are committed to providing leading MDR, DLP and GRC services, and we look forward to working closely with our new client to help protect it from complex cyber threats."


For further information please contact:


Smarttech247 Group PLC

Tel: +353 21 206 6033

Ronan Murphy, Executive Chairman

Raluca Saceanu, Chief Executive Officer

Nicholas Lee, Finance Director


SPARK Advisory Partners Limited - Nominated Adviser

Tel: + 44 (0) 20 3368 3550

Mark Brady / Adam Dawes


Shard Capital - Joint Broker

Tel: +44 (0) 20 7186 9900

Damon Heath 


Fortified Securities - Joint Broker

Tel: +44 7493 989014

Guy Wheatley, CFA


Yellow Jersey PR

Sarah Hollins / Annabelle Wills / Bessie Elliot

Tel: +44 (0) 20 3004 9512


About Reach announcements

Reach is an investor communication service aimed at assisting listed and unlisted (including AIM quoted) companies to distribute media only/non-regulatory news releases such as marketing messages, corporate and product information into the public domain. An RNS Regulatory announcement is required to be notified under the AIM Rules for Companies.

About Smarttech247:

Smarttech247 is a multi-award-winning automated MDR (Managed Detection & Response) company. Its platform is trusted by international organisations and provides threat intelligence with managed detection and response to provide actionable insights, 24/7 threat detection, investigation and response. 


The Group's services are geared towards proactive prevention and it achieves this by utilising the latest in cloud, big data analytics and machine learning, along with an experienced incident response team. In recognition of its innovative technology, Smarttech247 was named by Chambers Ireland InBusiness Recognition Awards as Cyber Security Company of the Year 2023.


Smarttech247's offices are located in Ireland, United Kingdom, Romania, Poland and the USA. The Company was admitted to trading on AIM on 15 December 2022.


For further information please visit


This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact or visit

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.