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 and is believed to be the first cyber security consultancy with a determined focus on protecting the payment and finance industries to pick up the accolade.
Headquartered in the UK, Foregenix has 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’s one of the leading certification companies for payment systems on PCI point-to-point encryption and an authority on ATM ‘cash-out’ attacks.
The Queen’s Award for Enterprise follows on from 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. Around 200 businesses receive the accolade each year.
Co-founder and CTO Andrew Bontoft commented: “It’s testimony to the brilliant work and dedication of our global team that we’ve received this prestigious award. We’re 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 to achieve this honour.”
CEO Andrew Henwood added: “Foregenix aims to protect businesses and organisations from criminals who attempt to endanger people’s livelihoods and futures for their own enrichment. It’s a cause that resonates with our customers. We offer them practical advice and solutions for baked-in security and real risk reduction.”