Osirium wins new deals for cybersecurity platform

Cybersecurity software company Osirium Technologies has scored two new contracts with one of the UK's main providers of travel and transport services and the British arm of a global financial services outfit.

Osirium will provide both mystery clients with its full PxM Platform including access to its privileged access management, privileged task management and privileged session management modules.

The travel and transport services initial customer license will cover more than 500 devices over 12 months, while the financial services customer license will also run for a year over 150 devices, and cover a comprehensive package of software, consultancy, training and 24/7 technical support.

The AIM-listed firm did not disclose any financial details relating to either deal..

Chief executive David Guyatt said: "We are delighted to have been awarded these two contracts, one of which involved displacing a competing vendor.

"These wins further underline the increasing acceptance of Osirium as a Privileged Access Management solution provider able to address complex customer requirements."

As of 0820 GMT, Osirium shares were untraded at 120p.