Accenture has significantly expanded its cybersecurity capabilities and global reach by acquiring Symantec’s Cyber Security Services business from Broadcom. Symantec’s Enterprise Security business, now a division of Broadcom, is headquartered in Mountain View, California and its Cyber Security Services business includes more than 300 employees around the world.
The acquired Cyber Security Services business serves “top-tier” organizations across a diverse range of industries, including financial services, utilities, health, government, communications, media, technology and retail.
Symantec’s portfolio of cyber security services includes global threat monitoring and analysis through a network of security operation centers, real-time adversary and industry-specific threat intelligence and incident response services. Their six security operations centers are located in the U.S., the United Kingdom, India, Australia, Singapore and Japan.
“Cybersecurity has become one of the most critical business imperatives for all organizations regardless of industry or geographic location,” said Julie Sweet, Chief Executive Officer (CEO) of Accenture. “With the addition of Symantec’s Cyber Security Services business, Accenture Security will offer one of the most comprehensive managed services for global businesses to detect and manage cybersecurity threats aimed at their companies.”
Symantec’s managed security services business is supported by a proprietary cloud-based platform that would deliver a steady stream of technical and cyber adversary threat intelligence through a customizable portal.
“Companies are facing an unprecedented volume of cyber threats that are highly-sophisticated and targeted to their businesses, and they can no longer rely solely on generic solutions,” said Kelly Bissell, senior managing director of Accenture Security. This acquisition is a game-changer and will help Accenture provide flexibility rather than a ‘one size fits all’ approach to managed security services. With Symantec’s Cyber Security Services business, we can now bring clients our combined expertise fine-tuned to their industry with tailored global threat intelligence powered by advanced analytics, automation and machine learning.”