Accenture has agreed to acquire CyberCX, a move that represents Accenture’s largest cybersecurity acquisition to date and is set to bolster Accenture’s cybersecurity services in the Asia Pacific.
Established in Melbourne, Australia in 2019, CyberCX operates a network of security operations centers across Australia and New Zealand, with additional offices in London and New York.
Additionally, CyberCX brings AI-powered platforms that deliver cybersecurity services including detection and response, sovereign secure cloud, CyberCX Academy for training and learning as well as proprietary tools for security testing and cyber intelligence.
“CyberCX and Accenture share a mission to harness the power of cyber to help our clients securely navigate change, accelerate business reinvention and build resilience against evolving threats,” said Paolo Dal Cin, global lead, Accenture Cybersecurity. “By combining Accenture’s agentic AI capabilities with CyberCX’s strong market leadership, innovative offerings and trusted C-suite and government relationships, we will enable clients across Asia Pacific to transform cybersecurity into a strategic advantage.”
CyberCX has established strong ecosystem partnerships across major cybersecurity players such as Microsoft, Palo Alto Networks and CrowdStrike, consistently winning awards as one of the top managed service and system integrators in the region. This success is underpinned by extensive expertise, showcased through over 2,600 certifications.
“Client demand for cybersecurity services is accelerating as data and digital environments become increasingly connected and heightened threats are exposed across operational value chains, supply chains and the enterprise. The need for responsible governance is also rising as AI and Quantum technologies advance,” said Peter Burns, who leads Accenture’s business in Australia and New Zealand. “CyberCX’s breadth of capabilities, trusted relationships with government and critical infrastructure organisations, and exceptional talent in the region, combined with Accenture’s local and global scale and innovation, will help us meet this ever-increasing client need.”
John Paitaridis, CEO of CyberCX, said, “We are immensely proud of the business we have built, becoming one of the leading providers of cybersecurity services in the region. Joining Accenture’s global cybersecurity organisation enables our exceptional people to combine forces with global capabilities and provide world-leading cybersecurity services to an even greater number of clients across Asia Pacific as we accelerate our growth in the region. Our shared mission for helping clients stay ahead of emerging threats and build resilience makes this a force multiplier.”
Since 2015, Accenture has completed 20 security acquisitions, including most recently acquiring Morphus, MNEMO Mexico and Innotec Security.
Terms of the transaction were not disclosed. Completion of the acquisition is subject to customary closing conditions, including receipt of regulatory approvals.
