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Socura appointed cybersecurity official partner to the FAW

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The Cardiff-based firm has struck a three year partnership deal with the governing body

Andrew Kays chief executive of Socura and chief executive of the FAW Noel Mooney

Socura has been appointed the official cybersecurity partner of the Football Association of Wales .

The Cardiff-based firm will protect the critical systems, sensitive data and digital services of the FAW – spanning 822 affiliated clubs, 120,000 playing participants, and hundreds of thousands of fans from grassroots football to the national team.

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It also follows a major digital transformation project at the FAW, which now has a range of digital services that connect players, coaches, referees, clubs and supporters.

Under the three-year partnership, Socura will also work alongside the FAW to raise awareness of cyber resilience through digital content, educational initiatives and collaborative campaigns .

Wales will be a co-host nation of the Euro 28 men’s tournament with games played at the Principality Stadium, including the opening game.

Andrew Kays, chief executive of Socura, said: “Welsh football is entering one of the most exciting chapters in its history. From the continued growth of the women’s game and the evolution of the domestic pyramid to the arrival of UEFA Euro 2028, football in Wales has never had greater momentum.

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“Technology now underpins almost every aspect of the modern game. It connects supporters, enables competitions, supports clubs and helps develop players. Protecting those digital services has become fundamental to the future of football.

“We’re incredibly proud that the FAW has chosen Socura as its official cyber security partner. It’s a partnership between two ambitious Welsh organisations committed to excellence, innovation and representing Wales on the international stage. Together, we’ll help ensure Welsh football can continue to grow with confidence, knowing its digital infrastructure is protected around the clock.”

FAW chief executive, Noel Mooney, said: “Football today depends on technology more than ever before. From supporting grassroots clubs and volunteers to delivering international fixtures and engaging supporters across Wales and beyond, secure digital services are essential to everything we do.

“As we continue investing in the future of Welsh football and expanding our digital capabilities, partnering with Socura strengthens our ability to protect our people, our systems and our data.

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“We’re delighted to be working with another leading Welsh organisation that shares our ambition to deliver excellence and innovation on and off the pitch.”

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Sebi extends deadline for angel funds to comply with accredited investor mandate

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Sebi extends deadline for angel funds to comply with accredited investor mandate
The Securities and Exchange Board of India (SEBI) has extended the deadline for angel funds registered on or before September 10, 2025, to comply with the accredited investor mandate to March 31, 2027, according to its latest circular.

The market regulator said the extension was decided based on representations from the Alternative Investment Fund (AIF) industry seeking additional time for existing angel funds to meet the mandate.

Under the revised timeline, angel funds registered with SEBI on or before September 10, 2025, will have to implement the accredited investor mandate by March 31, 2027. During the extended transition period, these funds cannot offer investment opportunities to more than 200 non-accredited investors, SEBI said.

Such angel funds will also not be allowed to accept contributions from non-accredited investors for investment in an investee company after March 31, 2027, according to the circular.

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Existing investors in these angel funds will continue to hold their investments already made in the funds in accordance with the terms of the private placement memorandum (PPM) and/or other fund documents, SEBI said.


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The revised deadline replaces the earlier timeline of September 8, 2026. Under the previous provisions, angel funds registered with SEBI on or before September 10, 2025, were required to implement the accredited investor mandate by September 8, 2026 and could not offer investment opportunities to more than 200 non-accredited investors during the transition period.SEBI had amended the AIF Regulations on September 9, 2025, to prescribe a revised regulatory framework for angel funds. It subsequently issued a circular on September 10, 2025, specifying the conditions and modalities for the revised framework. These provisions were later subsumed into Chapter 8 of SEBI’s AIF Master Circular dated June 3, 2026.

For angel funds granted registration after September 10, 2025, the existing requirement remains unchanged. Such funds are required to onboard and offer investment opportunities only to Accredited Investors, SEBI said. All other provisions under Chapter 8 of the AIF Master Circular remain unchanged. The latest circular comes into force with immediate effect.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)

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