Acuity RM Group secures first customer for new cybersecurity product

LONDON - Acuity RM Group plc (AIM:ACRM) announced Monday it has secured its first customer for its newly launched Vendor Management Hub (VMH), a product designed to manage cybersecurity connections with suppliers.

The VMH solution can be used as a standalone product or integrated with the company’s STREAM platform. It was developed to help organizations better manage cybersecurity risks related to their suppliers’ systems, addressing the same market as Rizikon, which Acuity acquired in November 2024.

While the company described the initial contract value as "small," Acuity pointed to a substantial market opportunity for the product. The company noted that several high-profile cybersecurity breaches in spring 2025 were caused by hackers accessing IT systems through supplier connections.

The VMH product provides features including standardized vendor onboarding, automated risk prioritization, real-time monitoring, and regulatory compliance documentation.

According to the announcement, the small and medium enterprise segment currently accounts for 68% of overall Governance, Risk and Compliance (GRC) revenues, with the market expected to grow at 15% annually through 2030.

David Rajakovich, Chief Executive of Acuity, said the product "broadens Acuity’s market opportunity into a wider arena" and serves as "a natural starting point for launching a comprehensive cybersecurity solution."

The company stated that the product attracted significant interest from potential customers at a recent Infosecurity exhibition.

This information was disclosed in a company press release statement classified as non-regulatory and not considered material to management’s performance expectations.

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