Anabelle Colaco
16 Aug 2025, 17:11 GMT+10
DUBLIN, Ireland: Accenture has 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.
Get a daily dose of Las Vegas Herald news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Las Vegas Herald.
More InformationCOLOMBO, Sri Lanka: Sri Lankan police this week arrested former President Ranil Wickremesinghe on allegations that he misused public...
DAKAR, Senegal: Interpol announced this week that a sweeping cybercrime operation across Africa has resulted in the arrest of more...
BERLIN, Germany - German Chancellor Friedrich Merz says he doesn't believe Israel targeted journalists in the attack on Gaza's Nasser...
WASHINGTON, D.C.: The Trump administration announced this week that it is conducting a sweeping review of more than 55 million people...
BANGKOK, Thailand: Former Thai Prime Minister Thaksin Shinawatra was acquitted on August 22 in a royal defamation case that could have...
GAZA - In two separate attacks, the Israeli army has killed six more journalists. In the first attack, 5 journalists, including one...
STARBASE, Texas: SpaceX's highly anticipated Starship test flight was put on hold on the evening of August 24 after engineers identified...
NEW YORK, New York - U.S. stock markets shot higher Wednesday, ahead of Nvidia's latest earning results,. All of the major indices...
JACKSON HOLE, Wyoming: When central bankers from around the world gathered in Jackson Hole, Wyoming, this weekend, their conversations...
NEW YORK CITY, New York: Alphabet's Waymo has secured its first permit to test autonomous vehicles in New York City. This allows the...
TOKYO, Japan: Matcha, the finely ground green tea powder long associated with Japan's centuries-old tea ceremony, has become a global...
NEW YORK, New York - U.S. stocks advanced Tuesday despite another attempt by President Donald Trump to undermine the Federal Reserve...
