Seaham cyber security firm CyberWhite looking to expand following success
CyberWhite has won contracts to create bespoke security plans for more than 35 new clients since March 2018. Their client base includes charities, law firms, universities, blue light services, energy management providers, the NHS, housing associations and software developers.
The Seaham-based cyber security firm has reported a surge in revenue during the 2020 financial year and is now looking to expand its team.
The company achieved a revenue of £500,000 at the end of March 2020, up from £100,000 in 2019. CyberWhite has also said that it experienced a 60 per cent increase in profitability.
The business is now in the process of creating new jobs to meet demand and investing in larger premises in the region to accommodate the expansion of its team.
The company has said that it is on track to achieve the projected £1m turnover by the end of its third year.
Chief operating officer Matt Hewison said “Our second successful year was thanks in no small part to the hard work and dedication of our team and the loyalty and trust of our fantastic clients.
“It has been a turbulent year for many businesses and the increased dependency on technology when working from home has proved challenging for many organisations.
“For us, it has been a fantastic opportunity for us to support other businesses during the crisis, demonstrating our skills and experience whilst simultaneously creating jobs in the region.”