Press release

A Leading Nordic Energy Company Deploys PrivX by SSH Communications Security into Production in a Deal Worth Around 100k EUR

Helsinki, Finland - December 20, 2024 - SSH Communications Security (SSH) has won an agreement with a leading Nordic energy company for SSH’s PrivX Hybrid Privileged Access Management solution. The initial agreement was signed earlier and included testing and piloting the product, and now the customer has deployed the solution into their production environment.

The customer was primarily looking for an IT solution but one that could centrally manage critical access at scale across IT and (Operational Technology) OT environments. In addition, PrivX offers low Total Cost of Ownership (TCO) and is very efficient in using the minimal amount of resources when securing critical assets, which aligns well with the customer’s goal of producing low emission energy for their own customers. The value of the deal is around 100k EUR, and PrivX use is expected to expand in the organization in the future.

“I am pleased that PrivX has proven its value and versatility in managing access to very different types of environments. This deal aligns well with our growth strategy, where we focus on securing production environments for businesses in IT/OT, as these environments are converging,“ states Rami Raulas, Interim CEO of SSH.

Learn more about PrivX here.

For further information
Rami Raulas, Interim CEO, tel. +358 50 331 1741, email rami.raulas@ssh.com

Distribution:
Major media
www.ssh.com

About SSH

SSH is a leading defensive cybersecurity company that secures communications and access for and between humans, systems, and networks. Our customers include a diverse range of enterprises, from multiple Fortune 500 companies to SMBs across various sectors such as Finance, Retail, Industrial, Critical Infrastructure, Healthcare, and Government.

We help our customers secure their business in the hybrid cloud and distributed IT and OT infrastructures. Our biometric, passwordless, and keyless PrivX Zero Trust solutions reduce costs and complexity while quantum-safe encryption keeps critical connections future-proof. Our teams and partners in North America, Europe, and Asia ensure customer success. The company’s shares (SSH1V) are listed on Nasdaq Helsinki. www.ssh.com.