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The Markets
by Proactive
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The Markets
by Proactive
Proactive UK has moved.
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Tech

Narf Industries climbs 10% as it highlights cyber threat response

Narf Industries PLC (LSE:NARF) jumped 10% as the cybersecurity group again highlighted work it is undertaking to counter open-source security threats, such as the XZ Utils backdoor, which went undiscovered by conventional cybersecurity tools.

An overview presentation has now been published explaining its strategy and development plans that it recently used for a roadshow

Steve Bassi, Narf's chief executive, said: "As presented, we are making exceptional progress with targeting new opportunities and reallocating resources to keep pace with this significant near-term demand.

“We will provide future updates over the next 120 days as we expect first contract awards and work with industry partners to form go-to-market alliances."

Shares rose 0.14p to 1.59p.

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