Latest news with #PeterBurns
Canada News.Net
14 hours ago
- Business
- Canada News.Net
Accenture to acquire Australia's CyberCX in record cyber transaction
DUBLIN, Ireland: Accenture announced it will acquire Australian cybersecurity provider CyberCX, which it says will be its largest-ever purchase in the sector, as demand for cyber defense services soars worldwide. The Australian Financial Review valued the deal at over A$1 billion (US$650 million). The seller is private equity firm BGH Capital, which created CyberCX in 2019 by merging 12 smaller cybersecurity companies. Neither Accenture nor BGH Capital has confirmed the valuation or provided additional financial details. The acquisition comes amid a surge in cyberattacks targeting industries from healthcare to finance. Increasingly sophisticated threats are disrupting operations and exposing sensitive data. CyberCX employs about 1,400 staff and operates security operations centres across Australia and New Zealand, as well as offices in London and New York. For Accenture, the deal marks the latest in a series of security-focused acquisitions. Since 2015, the Dublin, Ireland headquarted company has completed 20 such purchases, including Brazilian cyber defense firm Morphus, MNEMO Mexico, and Spain-based Innotec Security. "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," said Peter Burns, who heads Accenture's operations in Australia and New Zealand.
NDTV
2 days ago
- Business
- NDTV
Accenture To Buy Australian Firm CyberCX In Its Largest-Ever Cyber Deal
Accenture said on Thursday it will buy Australian cybersecurity firm CyberCX in its largest-ever deal in the sector, with the Australian Financial Review valuing the transaction at more than A$1 billion ($650 million). Private equity firm BGH Capital is selling CyberCX. However, financial terms have not been disclosed. Neither Accenture nor BGH Capital immediately responded to Reuters requests for comment on the reported valuation. The deal comes amid a global surge in cases of cyberattacks, as companies from healthcare to finance grapple with increasingly sophisticated threats that disrupt operations and compromise sensitive data. Melbourne-based CyberCX was formed in 2019 through the merger of 12 smaller cybersecurity firms backed by BGH Capital. The company now employs about 1,400 people and runs security operations centres across Australia and New Zealand, with offices in London and New York. Since 2015, Accenture has completed 20 security acquisitions, including recent purchases of Brazilian cyber defense firm Morphus, MNEMO Mexico and Spain-based Innotec Security. "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," said Peter Burns, who leads Accenture's business in Australia and New Zealand.
The Star
2 days ago
- Business
- The Star
Accenture to buy Australian firm CyberCX in its largest-ever cyber deal
FILE PHOTO: The logo of Accenture is displayed on a building, on the first day of the annual meeting in Davos, Switzerland, January 15, 2024. REUTERS/Denis Balibouse/File Photo (Reuters) -Accenture said on Thursday it will buy Australian cybersecurity firm CyberCX in its largest-ever deal in the sector, with the Australian Financial Review valuing the transaction at more than A$1 billion ($650 million). Private equity firm BGH Capital is selling CyberCX. However, financial terms have not been disclosed. Neither Accenture nor BGH Capital immediately responded to Reuters requests for comment on the reported valuation. The deal comes amid a global surge in cases of cyberattacks, as companies from healthcare to finance grapple with increasingly sophisticated threats that disrupt operations and compromise sensitive data. Melbourne-based CyberCX was formed in 2019 through the merger of 12 smaller cybersecurity firms backed by BGH Capital. The company now employs about 1,400 people and runs security operations centres across Australia and New Zealand, with offices in London and New York. Since 2015, Accenture has completed 20 security acquisitions, including recent purchases of Brazilian cyber defense firm Morphus, MNEMO Mexico and Spain-based Innotec Security. "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," said Peter Burns, who leads Accenture's business in Australia and New Zealand. ($1 = A$1.5385) (Reporting by Roushni Nair in Bengaluru; Editing by Sumana Nandy and Rashmi Aich)
Techday NZ
2 days ago
- Business
- Techday NZ
Accenture to acquire CyberCX, boosting Asia Pacific security
Accenture has announced an agreement to acquire CyberCX, a cybersecurity services provider in the Asia Pacific region, to strengthen its capabilities and client service offerings in the sector. CyberCX, founded in Melbourne in 2019, employs approximately 1,400 cybersecurity professionals and delivers services to both private and public sector clients across Australia, New Zealand and internationally. The company provides end-to-end services, including consulting, transformation, managed security, offensive security, cyber physical security, crisis management, threat intelligence, and managed detection and response. Additional offerings include strategic advisory, identity, cloud, and network security solutions. With advanced security operations centres located across Australia and New Zealand, and additional offices in London and New York, CyberCX combines regional insight with international reach. Its service portfolio includes AI-powered security platforms that provide detection and response, sovereign secure cloud, a cybersecurity training academy, and proprietary tools for security testing and cyber intelligence. The acquisition is set to be Accenture's largest in the cybersecurity space to date and is expected to expand its service footprint in Asia Pacific, supporting its business resilience, protection of critical infrastructure, and secure enterprise transformation. Accenture's recent research, the State of Cybersecurity Resilience 2025 report, found that 97% of Australian organisations remain unprepared to secure their AI-driven operations and 80% lack key data and AI cybersecurity practices to safeguard their models, data pipelines, and cloud infrastructure. According to Paolo Dal Cin, Global Lead at Accenture Cybersecurity, the two companies have aligned perspectives on how cybersecurity supports business transformation and resilience. "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. 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 holds partnerships with major cybersecurity companies, including Microsoft, Palo Alto Networks, and CrowdStrike, and has received recognition in the region for its managed services and system integration capabilities. The business is supported by over 2,600 certifications, reflecting expertise across its service areas. Peter Burns, who leads Accenture's business in Australia and New Zealand, commented on the changing landscape in cybersecurity demand and the impact of advancing technologies. "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. 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, Chief Executive Officer of CyberCX, highlighted the significance of the deal for the firm's growth and its mission to enhance cyber defences for clients. "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." The planned transaction follows a series of cybersecurity acquisitions by Accenture since 2015. Past deals include the acquisitions of Morphus, MNEMO Mexico and Innotec Security, among others. The company states the acquisition of CyberCX is part of its strategy to enhance its cybersecurity offerings and solutions globally. The deal terms were not disclosed. The finalisation of the acquisition remains subject to customary closing conditions, including regulatory approvals.
Daily Mail
26-06-2025
- Entertainment
- Daily Mail
What do you get if you combine Dickens, Bond and Harry Potter? The best Children's books out now - Shadow Thieves by Peter Burns, Best of All Worlds by Kenneth Oppel, Heir of Storms by Lauryn Murray
SHADOW THIEVES by Peter Burns (Farshore £7.99, 384pp) The world is ruled by French, Japanese and Prussian Empires and, in alternate reality London, Tom Morgan has escaped from the workhouse and is surviving by his wits on the streets. When a mysterious man claiming to represent The Shadow League recruits him for an international Thieves School, Tom is forced to accept. He learns not only extraordinary skills, but that the League maintains the balance between the powers – yet members can be hired as mercenaries. After an inter-house competition, Tom is unwillingly roped into a major operation that turns out to be a complex web of double-crossing. A mix of Dickensian atmosphere, Bond-like stunts and boarding school rivalries, this is a must for Harry Potter or Percy Jackson fans. Age 9+ BEST OF ALL WORLDS by Kenneth Oppel (Guppy Books £14.99, 256pp) I love Kenneth Oppel's control of menace, and there's deep disquiet in this dystopian thriller. Teenage Xavier, his father and pregnant stepmother visit their country cottage but wake up to find the house apparently transported to an isolated setting with no one else around. The nightmare scenario nevertheless provides food, water and a peaceful, if lonely, existence until another family, with an attractive daughter, turns up. The father is a conspiracy theorist who clashes with Xavier's parents and, as escape plans are hatched, tensions build and the inevitable question is asked: are they trapped or saved? Age 13+ HEIR OF STORMS by Lauryn Hamilton Murray (Penguin £9.99, 464pp) When Blaze was born, a tremendous storm swept the realm, drowning many – because, unlike her twin brother Flint, Blaze was not a Flameborn, she was a Rain Singer, the last of her kind. Having been reviled all her life, 17-year-old Blaze and popular Flint must compete in The Choosing Rite to select leaders of each of the four kingdoms: Fire, Water, Earth and Air. The handsome Crown Prince appears to fall in love with her, so why does Fox, his outlaw brother, also follow her? Who can she trust as her powers grow? With a nod to The Hunger Games, this Young Adult fantasy also conjures up witty dialogue and romance. Age 14+
