Blink Parametric Launches Cyber Solution in Major New Global Partnership - CPP Group (AIM: CPP)

2 min read | December 12, 2024 07:27 AM GMT | By Team Kalkine Media

Highlights

  • Blink Parametric signs global agreement with US-based cyber security business.
  • "Blink CyberScan" will provide 24/7 dark web monitoring in key European markets.
  • Partnership marks significant milestone in expanding Blink’s reach in the cyber sector.

CPP Group (AIM: CPP), a global provider of real-time assistance services that reduce disruptions for millions of customers worldwide, is excited to announce a key business win for Blink Parametric ("Blink"), the Group’s growing InsurTech division. Blink has signed a global framework agreement with a prominent US-based cyber security and credit reporting company to integrate its dark web monitoring solution, Blink CyberScan, into the partner's suite of cyber services.

The initial phase of the agreement will roll out Blink’s services in four key European markets, with the potential for further global expansion. Under the agreement, Blink CyberScan will be white-labelled under the partner’s brand, providing customers with continuous 24/7 proactive monitoring for compromised information, ranging from payment card details to passport and identity numbers. This solution is designed to help individuals protect their personal data in an increasingly digital world where cyber threats are ever-present.

The launch of Blink CyberScan aligns with Blink Parametric’s strategic focus on developing cutting-edge, data-driven solutions for the global travel and cyber sectors. The solution is highly adaptable, capable of being deployed across multiple regions and sectors, enhancing the digital security of end customers through a robust, real-time monitoring platform.

Sid Mouncey, CEO of Blink Parametric, said: "With Blink CyberScan, we are offering our partners an innovative technology platform that is scalable and deployable worldwide, helping to safeguard the digital lives of their customers. This deal is an important milestone for Blink as we continue to expand our product offerings and market presence, particularly in the high-growth travel and cyber security sectors, with multi-national brands."

The partnership marks a significant step in Blink’s growth as a leader in the InsurTech space and enhances CPP Group’s ability to meet the evolving needs of its customers in the global cyber security and digital risk management markets.


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