TEC1V SSH Communications Security

PRESS RELEASE: Major Global Manufacturing Company Takes a Technology Leap in Automation and Safety by Choosing SSH as its Cybersecurity Vendor

PRESS RELEASE: Major Global Manufacturing Company Takes a Technology Leap in Automation and Safety by Choosing SSH as its Cybersecurity Vendor

Helsinki, Finland – December 08, 2022 – A major global manufacturing company has selected SSH's PrivX IT/OT convergence solution to support and automate their access management processes and increase the overall security of their production facilities and IT.

With a total value of more than EUR 1.2 M, the deal consists of licenses, support, and professional services. Approximately half of the transaction will be recognized in Q4 2022, and the remainder over the next five years.

A new major manufacturing customer strengthens SSH's position as a trusted provider of cybersecurity services for multinational heavy industry and operational technology. The deal is in line with SSH's land and expand strategy, where we expect the value of the order to increase in the future.

Automation, safety, and operational continuity

The customer was searching for a solution that would automate their access management processes and increase the overall security of production facilities. Today cybersecurity goes beyond organizational boundaries, so our mission was also to increase security in the management of the subcontracting teams and reduce the overall risk related to shared passwords in the organization.

"This new customer demonstrates how PrivX has established itself as the leading next-generation Zero Trust solution for operational technology and critical infrastructure in the global PAM market. The manufacturing industry is undergoing dramatic digital transformations because of the Industrial Internet of Things. Cybersecurity of operational technology is not just about insurance and protection against cyber-attacks anymore. It is, above all, about ensuring the safety of business continuity and the capability to deliver long-term customer promises, and we are happy to help our customers achieve these," says SSH's CEO Teemu Tunkelo.

PrivX is a next-generation Privileged Access Management solution

PrivX is a lean, quick-to-implement, and easy-to-use access management solution for privileged access in on-premise, hybrid, and cloud environments. PrivX helps clients flexibly enable, monitor, and control access to critical infrastructure, production assets, and data according to user roles and privileges (RBAC).

PrivX also automates processes, improves governance and compliance, strengthens supply chain security and secure access of 3rd party players, and compounds management of on- and off-site secure access to IT/OT targets in hybrid environments.

For more PrivX® information, please visit:

For more PrivX® OT information, please visit:

For further information, please contact: 

Teemu Tunkelo, CEO, tel. , email    

Distribution: 

Major media 

 

About SSH

SSH helps organizations safeguard their mission-critical digital assets at rest, in transit, and in use. We have 5,000+ customers worldwide, including 40 percent of Fortune 500 companies and major organizations in the Finance, Government, Retail, and Industrial segment. We are committed to helping our customers secure their business in the age of hybrid cloud and distributed IT and OT solutions. Our Zero Trust solutions offer safe electronic communications and secure access to servers and between servers. Our teams in North America, Europe, and Asia, along with a global network of certified partners, ensure customer success. The company’s shares (SSH1V) are listed on Nasdaq Helsinki. 



EN
08/12/2022

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on SSH Communications Security

 PRESS RELEASE

FINANCIAL REPORTING OF SSH COMMUNICATIONS SECURITY CORPORATION IN 2024

FINANCIAL REPORTING OF SSH COMMUNICATIONS SECURITY CORPORATION IN 2024 SSH COMMUNICATIONS SECURITY CORPORATION - STOCK EXCHANGE RELEASE - DECEMBER 15, 2023, 9:00 EET During 2024, SSH Communications Security Corporation publishes the following financial information: FY 2023 Financial Statements Bulletin: February 22, 2024FY 2023 Annual Report: released during Week 11Business Review, January–March (Q1): April 24, 2024Half-year report, January–June (Q2): July 18, 2024Business Review, January–September (Q3): October 24, 2024 SSH Communications Security Corporation's Annual General Meeting is...

 PRESS RELEASE

SSH COMMUNICATIONS SECURITY OYJ:N TALOUDELLISEN RAPORTOINNIN KALENTERI...

SSH COMMUNICATIONS SECURITY OYJ:N TALOUDELLISEN RAPORTOINNIN KALENTERI 2024 SSH COMMUNICATIONS SECURITY OYJ – PÖRSSITIEDOTE - 15.12.2023 9:00 Vuonna 2024 SSH Communications Security Oyj julkaisee seuraavat talousraportit: Vuoden 2023 tilinpäätöstiedote: 22. helmikuuta 2024Vuoden 2023 vuosikertomus: viikolla 11Liiketoimintakatsaus, tammikuu-maaliskuu (Q1): 24. huhtikuuta 2024Puolivuosikatsaus, tammikuu-kesäkuu (Q2): 18. heinäkuuta 2024Liiketoimintakatsaus, tammikuu-syyskuu (Q3): 24. lokakuuta 2024 SSH:n yhtiökokous on suunniteltu järjestettäväksi maanantaina 25. maaliskuuta 20...

 PRESS RELEASE

SHARE SUBSCRIPTIONS WITH SSH COMMUNICATIONS SECURITY CORPORATION´S STO...

SHARE SUBSCRIPTIONS WITH SSH COMMUNICATIONS SECURITY CORPORATION´S STOCK OPTIONS SSH COMMUNICATIONS SECURITY CORPORATION – STOCK EXCHANGE RELEASE – DECEMBER 5, 2023, AT 12:00 EET A total of 45,391 new shares of SSH Communications Security Corporation were subscribed for with the 2020 stock options. A total of 45,391 new shares were subscribed for with the 2020A stock options at a subscription price of EUR 0.9278 per share, with a total subscription price of EUR 42,113.77. Out of the Share Subscription price the amount equalling the nominal value of the share shall be transferred to the...

 PRESS RELEASE

SSH COMMUNICATIONS SECURITY OYJ:N OSAKKEIDEN MERKINTÄ OPTIO-OIKEUKSILL...

SSH COMMUNICATIONS SECURITY OYJ:N OSAKKEIDEN MERKINTÄ OPTIO-OIKEUKSILLA SSH COMMUNICATIONS SECURITY OYJ - PÖRSSITIEDOTE - 05.12.2023 KLO 12.00 SSH Communications Security Oyj:n vuoden 2020 optio-oikeuksilla on merkitty yhteensä 45 391 yhtiön uutta osaketta. Vuoden 2020A optio-oikeuksilla on merkitty yhteensä 45 391 yhtiön uutta osaketta merkintähintaan 0,9278 euroa osakkeelta, merkintähinta yhteensä 42 113,77 euroa. Osakkeiden merkintähinnasta kirjataan nimellisarvoa vastaava osa osakepääomaan ja nimellisarvon ylittävä osa sijoitetun vapaan oman pääoman rahastoon. Osakemerkinnöistä jo...

 PRESS RELEASE

PRESS RELEASE: SSH's Secure Messaging 2024 – Interact via Messages, Fi...

PRESS RELEASE: SSH's Secure Messaging 2024 – Interact via Messages, Files, Videos and Calls Securely Helsinki, Finland – November 2, 2023 – SSH Communications Security, a global leader in cybersecurity, announces the launch of Secure Messaging 2024, a new module of its Secure Collaboration 2024 platform. Secure Messaging 2024 is a real-time, modern, secure messaging solution fortifying SSH's overall Zero Trust Suite solutions portfolio. Secure Messaging 2024 addresses compliance and security challenges in business communications. It provides organizations with a solution to fulfill requi...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch