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An announcement from NCC Group plc ( (GB:NCC) ) is now available.
NCC Group has signed a three-year contract extension with TikTok to continue its role as an independent security provider for Project Clover, aimed at enhancing data security for TikTok’s European users. This collaboration underscores TikTok’s commitment to data protection, with an investment of €12 billion over ten years, setting a ‘gold standard’ for industry peers. NCC Group’s ongoing work with TikTok includes testing advanced Privacy Enhancing Technologies (PETs) and aims to influence broader industry standards and security measures across Europe.
More about NCC Group plc
NCC Group is a global cyber security and software escrow business driven by a mission to secure the digital future. With a workforce of around 2,000 employees across Europe, North America, and Asia Pacific, the company serves over 14,000 clients in both public and private sectors. NCC Group is recognized for its expertise in delivering cyber resilience by leveraging collective insight, intelligence, and innovation.
YTD Price Performance: -5.98%
Average Trading Volume: 1,193,384
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £435M
Find detailed analytics on NCC stock on TipRanks’ Stock Analysis page.
