In July 2020 – as businesses still reeled to maintain service through the disruptive force of a global pandemic – disaster struck at Garmin.
The multinational giant is known for its consumer wearables and smartwatches but its business extends far beyond this into innovative GPS technology used in the aviation and marine sectors.
Garmin lost access to all the essential systems it uses, causing widespread disruption.
Falanx Group Ltd (LON:FLX), through its subsidiaries, provides cyber defence and intelligence services to blue chip and government clients worldwide. It operates through Falanx Cyber Defence and Falanx Intelligence divisions.