Big 4 firm boosts cyber security service with acquisition

A big four accounting firm has today announced it will acquire an identity and access management business in a bid to bolster its cyber security service.

EY has entered in to an agreement to acquire identity and access management provider, Open Windows.

Open Windows will strengthens EY’s cyber-security advisory capability and will add more than 45 IAM professionals to the firm.

Open Windows will become the central platform for a new Asia-Pacific Identity Management advisory practice for EY, to be led by Open Windows CEO, Simon Adler.

The new platform will provide ‘Identity-as-a-Service’ (IDaaS) in addition to EY’s existing identity governance capability.

“Open Windows gives us the foundation for creating a hub for our identity management capability across APAC and we will be investing in people and assets to build on this regional capability,” said Lynn Kraus, Oceania managing partner advisory, EY.

“Our clients will benefit from access to integrated identity management advisory expertise, rather than having to engage a multitude of suppliers.”

The need to protect infrastructure such as financial systems, power grids, telecommunication lines, transportation, commerce and health care systems from cyber-threats had never been more important, according to Richard Watson, EY’s lead partner cyber APAC.

“Connected infrastructure, growing networks and internet-enabled devices mean our communities are increasingly vulnerable to risk of attack from sophisticated cyber criminals, who often use weak identity management controls to compromise systems,” Mr Watson said.

“With an end-to-end cyber advisory and implementation capability EY is now better placed than ever to help clients protect critical systems,” he added.

 

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