A cyber security firm has picked up the Queen’s Award for Enterprise. Foregenix, which celebrates its 10th anniversary this month, received the award for its work in international trade.
It is believed to be the first cyber security consultancy with a focus on protecting the payment and finance industries to receive the honour.
Foregenix, which is headquartered in the UK, generated around 60% of its revenue from international sales over the past four years, helped by new offices in Boston servicing North America, Frankfurt, Europe, Sydney, Australasia and São Paulo, Brazil and a new base in Singapore in 2019.
Foregenix offers a range of services including Managed Detection and Response, Digital Forensics, Compliance and Risk. It is the world’s leading certification company for payment systems on PCI Point-to-Point Encryption and a global authority on ATM Cashout attacks.
The award follows recognition by The Sunday Times as one of the top 100 SME exporters in 2017 and 2018. The Queen’s Awards have recognised the achievements of British businesses since 1965 and around 200 businesses each year receive the accolade.
Co-founder and CTO Andrew Bontoft comments: ‘It is testimony to the brilliant work and dedication of global team that we’ve received this prestigious award. We are very proud of what the team has achieved and grateful for the recognition this award signifies. We would also like to thank our clients and suppliers for helping us achieve this honour.’
CEO Andrew Henwood comments: ‘Foregenix aims to protect businesses and organisations from criminals who attempt to endanger people’s livelihoods and futures for their own enrichment. It is a cause that resonates with our customers, in offering practical advice, baked in security and real risk reduction globally.’