Channelweb
Shearwater Secures $1.2M Cybersecurity Contract with Major Japanese Bank
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Shearwater Group has won a $1.2 million contract with a prominent Japanese financial group through its Brookcourt Solutions subsidiary. The three-year deal focuses on deploying Core Email Protection technology to combat phishing, business email compromise, account takeover attempts, and data loss. The solution aims to automate threat detection and response, thereby reducing workloads for security operations centers. This contract is significant as it represents Shearwater's fifth deal in 2026, enhancing its position in the global financial services sector. The company expects this contract to contribute to recurring revenue over the contract's duration. CEO Phil Higgins emphasized the importance of this deal in reinforcing Brookcourt's reputation for delivering enterprise-class cybersecurity solutions. The contract aligns with Shearwater's strategy of expanding its managed security and advisory services.
Key Points: • Shearwater Group secured a $1.2 million contract with a major Japanese bank. • The contract involves deploying Core Email Protection technology to combat various cyber threats. • This marks Shearwater's fifth deal in 2026, enhancing its global financial services presence.