RNS Reach Story
Go to market news section View chart   Print
Shearwater Group PLC   -  SWG   

Xcina Consulting secures contract with Parkmobile

Released 07:00 26-Jul-2019

RNS Number : 7860G
Shearwater Group PLC
26 July 2019


26 July 2019




Xcina Consulting secures three year contract with Parkmobile


Shearwater Group plc, the organisational resilience group, announces that its group company Xcina Consulting has won a multi-year contract to deliver a qualified security assessment of Parkmobile's UK and NL card data environment to ensure that its business is compliant with the Payment Card Industry Data Security Standard ("PCI-DSS").


Parkmobile, part of the BMW Group, specialises in electronic and digital parking solutions. It serves over 22 million customers in more than 1,000 towns and cities internationally. In the UK, it operates in over 70 towns and cities and processes in excess of 80 million card payments per annum. 


Phil Higgins, CEO of Shearwater, commented:


"This contract clearly demonstrates that Xcina Consulting is a trusted advisor to its clients and drives value through longer term and deeper relationships."


Pete O'Driscoll, UK Managing Director of Parkmobile, commented:


"We are pleased to announce that Parkmobile UK and NL has entered into a three year agreement with Xcina Consulting, to perform the annual review of our UK and NL card data environment and to ensure we are compliant with the Payment Card Industry Data Security Standard.

"Not only are we working with experienced and knowledgeable QSAs, but we are also leveraging their advice and guidance to ensure best practice around how we adequately protect card data and have the highest possible level of security controls in place."


Rob Treacey, Managing Director of Technology Risk Management at Xcina Consulting, added:


"We are delighted to have been afforded this opportunity by Parkmobile to showcase our credentials. For us this is more than performing an assessment and providing a certificate, it is about taking Parkmobile on a journey of continuous controls improvement."





Shearwater Group plc

David Williams, Chairman

Phil Higgins, CEO


c/o Instinctif Partners

Instinctif Partners

Adrian Duffield / Chantal Woolcock


+44 (0) 20 7457 2815



About Shearwater Group plc


Shearwater Group plc is an award-winning organisational resilience group that provides cyber security and managed security services to help assure and secure businesses in a connected global economy.


The Group's comprehensive cyber security solutions and services maintain trust between users, provide assurance around the protection of information assets and critical infrastructure, and support organisations' operational effectiveness. Its capabilities include identity and access management and data security, cyber security solutions and managed security services, and security governance, risk and compliance.


The Group is headquartered in the UK with offices in the US, UK and Europe, serving customers across the globe who are active in a broad spectrum of industries.


Shearwater shares are listed on the London Stock Exchange's AIM under the ticker "SWG". For more information, please visit www.shearwatergroup.com.


About Xcina Consulting


Xcina Consulting provides business and technology risk assurance and advisory services in support of organisational resilience. For more information, please visit www.xcina.co.uk.




This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

London Stock Exchange plc is not responsible for and does not check content on this Website. Website users are responsible for checking content. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. Terms and conditions, including restrictions on use and distribution apply.


Xcina Consulting secures contract with Parkmobile - RNS