Accenture strengthens security portfolio with latest acquisition

Accenture has updated its security portfolio through its acquisition of FusionX. The acquisition will strengthen Accenture's Security practice and help clients assess, detect and respond to sophisticated and sustained cyber attacks.

FusionX, the cyber security company, has a differentiated approach to cyber attack simulation, threat modelling, cyber investigations and security risk advisory services, according to Accenture.

Through the acquisition, FusionX will join and augment Accenture's growing global Security team.

The vendor says it will combine FusionX's expertise in identifying security vulnerabilities with Accenture's industrialised suite of security transformation and operations offerings.

"Even companies that have strong cyber security leadership and make wise investments can still find themselves compromised by advanced cyber threats," says Michael Salvino, Accenture Operations group chief executive.

"FusionX gives Accenture the critical ability to prepare our clients against the most advanced cyber adversaries.

"Accenture will continue to expand its advanced threat capabilities to help clients spot cyber security vulnerabilities, defend themselves against the most advanced cyber threats, and to respond to the inevitable breaches that do occur," Salvino says.

"I'm incredibly proud of the team we have built at FusionX. For the last five years, we have redefined the way our clients defend themselves against advanced cyber threats," says Matthew Devost, FusionX president and CEO.

"By joining Accenture, we will be able to accelerate the expansion of our capabilities, enabling both existing FusionX and Accenture clients to continue to validate and mature their security postures, and draw from Accenture's substantial security advisory, transformation and operations services.

"Our team thrives on solving our clients' toughest security challenges and is looking forward to combining our expertise with Accenture's security capabilities and experience," he says.

Founded in 2010 by security industry veterans Devost and Tom Parker, FusionX is staffed by team of technical security experts.   Terms of the transaction were not disclosed.