Accenture Expands Its Cybersecurity Portfolio with Acquisition of Australian Firm CyberCX
Accenture, the consulting giant, has announced its acquisition of Australian cyber security operator CyberCX, a strategic move aimed at enhancing its security offerings in the Asia-Pacific region. Peter Burns, who leads Accenture’s operations in Australia and New Zealand, highlighted that client demand for cyber security services is rapidly increasing as data and digital environments become more interconnected. He noted that heightened threats across operational value chains, supply chains, and enterprises necessitate a greater focus on responsible governance, particularly as advancements in AI and quantum technologies continue to evolve.
The acquisition is expected to leverage CyberCX’s extensive capabilities, trusted relationships with government and critical infrastructure organisations, and exceptional regional talent, combined with Accenture’s local and global scale and innovation. Although the terms of the acquisition have not been disclosed and it remains subject to regulatory approvals, if successful, it would represent Accenture’s largest cyber security acquisition to date. Paolo Dal Cin, the global lead of Accenture Cybersecurity, stated that both CyberCX and Accenture share a mission to harness the power of cyber to assist clients in securely navigating change, accelerating business reinvention, and building resilience against evolving threats.
Categories: Cyber Security, Acquisition, Asia-Pacific Region
Tags: Acquisition, Cybersecurity, Operator, Demand, Governance, Technologies, Capabilities, Relationships, Innovation, Resilience