CyberCX expands in NZ with the acquisition of Cyber Research NZ
CyberCX has announced the successful acquisition of New Zealand cybersecurity company Cyber Research NZ, bringing additional capability, talent, and experience to its service offerings in New Zealand and across the ANZ region.
Since the 2020 launch of its New Zealand operations, CyberCX has expanded and grown its capability, service offerings and local expertise in New Zealand, offering cyber advisory, risk and technical services, with plans for further expansion.
"With the addition of Cyber Research NZ, the CyberCX group aims to continue strengthening its position as a trans-Tasman leader in cybersecurity and managed security services, partnering with New Zealand enterprises and government to accelerate their digital transformation through comprehensive cyber solutions," says CyberCX NZ CEO, Brett Moore.
"Founded in 2007, Cyber Research NZ has built a strong reputation of technical expertise and customer-focused delivery across Managed Security Operations and Services, Threat Hunting and Security Consulting."
He says the depth of expertise at Cyber Research NZ will enable CyberCX to broaden its cyber capability in New Zealand further.
"Our goal at CyberCX is to create the leading provider of cybersecurity services for business, enterprise and government organisations in New Zealand," he says. "The combined capabilities of CyberCX's market-leading security testing, governance, risk and compliance and incident response capabilities with Cyber Research's specialisation in managed security services, threat intelligence and detection capabilities is a game-changer for the New Zealand market."
Cyber Research NZ is based in Auckland and has a strong local presence and well-established credentials working with a range of enterprise customers.
"With Cyber Research joining CyberCX, we have a compelling suite of services to meet the needs of our customers across New Zealand, with the ability to scale those services into Australia and other international markets," continues Moore. "CyberCX now proudly employs over 110 cybersecurity professionals in New Zealand, with plans to double the size of our local workforce over the next 18 months."
New Zealand's cybersecurity services market is growing at over 15% annually. CyberCX says it will continue to prioritise its strategic focus in the region, creating a dedicated trans-Tasman cybersecurity leader.
Steve Byrne, Cyber Research NZ founder, says, "We've built on our heritage of investigating fraud and cybercrime to become the leading specialist in threat hunting, security operations centre services and cyber strategy consultancy in New Zealand. Joining CyberCX is a natural extension of the journey for Cyber Research, enabling us to expand and scale while still maintaining our core of innovation and quality that is at the forefront of what we do at Cyber Research."
Steve Byrne is widely acknowledged as a key industry leader within New Zealand's cybersecurity community. Moore was recently appointed as CyberCX New Zealand CEO following the merger of Insomnia Security and CyberCX.