Orro has acquired managed security services provider eSecure. Rodd Cunico, Orro’s Chief Executive Officer, said the acquisition would add around 35 cyber experts to the company’s existing security team, as well as a world class Cyber Security Operations Centre in Sydney and customer follow-the-sun support services based in London.
Cunico said “Orro’s investment will help us further expand our security business, with managed detection and response (CSOC services), assurance testing, security incident response and threat and vulnerability management services sitting alongside our existing network, governance and managed security services. We look forward to providing a wide range of secure network and cloud solutions, as well as a new cybersecurity presence in Australia. The addition of world class cyber capability was an important piece in fully aligning Orro with our strategic goal to become Australia’s most respected platform-enabled secure network and digital infrastructure provider” Cunico adds.
eSecure has offices in Brisbane, Melbourne, Sydney and London. The company was established in 1999. It is a CREST and 27001 certified Australian cybersecurity specialist.
eSecure founder Colin Boyce said “We are excited by the opportunities that Orro presents for both our people and customers. Being part of Orro will enable us to extend our cybersecurity service offerings to both our existing customers and the Orro extended customer base. With the backing and support of Orro, we look forward to further extending our service offering and competing for larger multiyear services contracts.
“The cultural alignment of eSecure’s core values with Orro’s was also a key factor in the decision to join the Orro family and we look forward to working alongside the talented professionals in the Orro team” Boyce adds.
According to Gartner, Australian organisations will spend more than A$4.9 billion on enterprise information security and risk management products and services this year. Within that investment, security services are expected to grow by 7.3%, accounting for $3.2 billion of local spend.
The acquisition follows the launch of Orro earlier this year, since which time the company has continued to expand to almost 400 employees to meet demand for its services. Recent significant growth can be attributed both to high levels of organic growth, as well as strategic acquisitions.
The company has operations throughout the country, including more than 4,000 customer locations. Customers include companies such as Australia Post, The Salvation Army, FUJIFILM Business Innovation, Bing Lee and QBE.
