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“Enhancing its security portfolio through acquisitions. Focus on industrial companies and government segments. Expanding capabilities in APAC.”
- To further strengthen its managed security services offerings, in January 2020, Accenture acquired Symantec’s cybersecurity services business from Broadcom. This included major MSSP capabilities and provided access to its 6 SOCs and threat monitoring services.
- To expand its IAM services and security-as-a-service capabilities, it acquired Redcore, which strengthened its position in the APAC region.
- With a focus on APAC, it also acquired BCT Solutions to augment the defense, national security and public safety capabilities in Australia and New Zealand. This acquisition also accelerated strategy to offer end-to-end services to the government segment.
It introduced Accenture Federal Services (AFS) Cyber Center to provide cybersecurity services to government agencies and the Department of Defense, per the as-a-service model. It opened one in San Antonio to focus on government operations and plans to invest $5M USD in the center and its other operations in San Antonio.
- It also opened its 6th Cyber Fusion Center in Naples, Italy to work with customers to co-create new solutions and develop strategies.
- To develop industry-specific solution offerings, Accenture partnered with NowSecure to secure mobile banking apps against fraud and penetration attempts.
- It also acquired a Seattle-based cybersecurity company, Deja vu Security, to expand capabilities in security design and testing of software platforms and IoT technologies.
It is collaborating with startups to jointly develop cybersecurity solutions and organizing an invitation-only events to bring together select startup firms.
- Its cybersecurity team is working with ELBA to develop cybersecurity training and workshops for the east London voluntary sector.
Investments and Innovation
- Accenture expanded its cybersecurity capabilities to industrial companies, including oil and gas, chemicals, utilities, and manufacturing, by opening 3 dedicated cyber ranges. These cyber ranges are utilized for cybersecurity training and software development to assess vulnerabilities of industrial control systems (ICS).
- It is also developing a separate ICS Cyber Fusion Center to help industrial companies to secure industrial networks, including field level and plant assets.
It collaborated with InnovationMap to organize competition, Digital Fight Club, in Houston, which would involve debate on digital topics such as cybersecurity, future of the workforce, health tech, and more. The audience includes corporates, investors, and start-ups.
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