Falanx Group Limited (LON:FLX), the AIM listed provider of cyber security and strategic intelligence services, has announced the launch of its new cyber security assessment tool, Falanx: Cyber Exposure Level (“f:CEL”).
The user submits an easy-to-complete, quick, multiple-choice, online questionnaire following which f:CEL runs its analytical and diagnostic tools before providing its findings and recommendations the next working day. Following the initial sign-up report, f:CEL update checks can be performed regularly so that a business can keep track of their security posture. Each report run provides incremental remedial recommendations for the business to action as well as visibility on how their security posture improves over time.
f:CEL is sold on a subscription basis and is consequently expected to generate high quality recurring revenues. Various large channel partners have already expressed their interest in deploying this into their customer bases. Consequently, the Board believes that there is potential for growth, not only from sales of f:CEL itself, but also through incremental follow-on sales of cyber security services such as monitoring and penetration testing.