KPMG has agreed to acquire the Identity and Access Management business of Silicon Valley-based Cyberinc, which provides
The firm will enhance KPMG’s existing capabilities as a leader in information security consulting services and expand the firm’s ability to provide clients with emerging and more agile IAM solutions, says Lynne Doughtie, U.S. Chairman and CEO of KPMG. The transaction also bolsters KPMG’s talent and resources in the area of digital consumer identity and privileged user management, which are evolving security-focused capabilities to enhance important elements of customer-engagement.
“Cyber security remains a top risk to organizations as threats grow in scale and cyber criminals develop new ways to access protected information,” Doughtie says. “KPMG’s identity and access management solutions team can assist clients, across all industries, protect their information and enable their digital strategies and growth plans.”
Cyberinc’s IAM business is a 190-person global team with significant presence in the U.S., India, Australia and the U.K., with extensive experience providing advisory, strategy, implementation services, and managed services for organizations that need to transform their enterprise or consumer identity capabilities.
“Over the last decade, Cyberinc’s IAM business has risen to industry leadership position on the strength of some of the largest IAM deployments globally, investments in IP and an array of premium partnerships. I am very pleased that Cyberinc’s truly world class team will continue this journey with KPMG,” says Samir Shah, CEO, Cyberinc.
As organizations innovate and transform back, middle and front offices, identity and access management solutions that effectively bridge the gap between risk mitigation and customer experience are key to driving sustainable growth, says Tony Buffomante, U.S. Leader of KPMG’s Cyber Security Services practice. “The addition of the Cyberinc team and capabilities is yet another example of how KPMG is investing in cyber security and helping clients succeed on their digital journey.”
Sourced from Consultingmag.com