CYBER RISK

We have always been bullish on cybersecurity technology as a key investing theme, hence our team closely follows global hacking incidents reported around the world. Two days ago, the US government announced that multiple federal agencies had been targeted by a sweeping cyber-attack. small ASX stock might just be entering a perfect storm for investors. The company is Whitehawk (ASX: WHK).

WhiteHawk (ASX: WHK) announced it has been contracted by a key US federal government Chief Information Security Officer (CISO) to implement its Cyber Risk Radar. The annual Software as a Service (SaaS) contract, will see WhiteHawk generate total of up to US$1.18 million (A$1.65M) for each year of the contract.

Cybersecurity solutions provider WhiteHawk has lifted its revenues by 55% from the previous quarter and 282% from a year earlier.

Next Tech Stock’s top Pick of the Year, WhiteHawk Ltd (ASX:WHK) announced that it has established a new sales partnership that is already bringing in new revenues.