KPMG LLP has agreed to acquire Cyberinc, a Silicon Valley-based business which focuses its services on scalable products which detect and prevent cyber attacks for enterprises, according to a statement released today.
Cyberinc is a 190-person business, and about 25 of its staff will be joining KPMG Australia.
The big four firm is looking to up its services in information security consulting services, and in particular, expand services to clients based on identity and access management.
“Cyber security presents an opportunity for enterprises to find new growth engines and innovate amid this disruption,” said Gordon Archibald, national lead, cyber security services, KPMG Australia.
“KPMG’s IAM solutions team can help clients across all industries to protect their information and ensure that these security efforts enable their digital strategies and growth plans,” he said.
“As organisations innovate and transform their back, middle and front office identities and access management solutions that effectively bridge the gap between risk mitigation and customer experience are key to driving sustainable growth,” he said.
Cyberinc already has a presence in the Australian, UK, US and Indian markets.