Deloitte acquires Cybersecurity consulting firm SecurePath


New York-based Professional Services firm Deloitte has made it official that it is going to acquire Malaysian Cybersecurity Consulting firm SecurePath. The objective is to strengthen the services of blockchain technology-based Deloitte’s Cyber Risk Services with SecurePath’s Risk Advisory practices such as data loss prevention, cyber threat defense and such.

Founded in the year 2011, SecurePath is known to offer cyber threat defense-line to governments and private entities that need Risk & Compliance and Information Management & Protection. Some of the partners and vendors of the company include VERITAS, NetIQ and Symantec.

“As businesses are investing more on projects and programs which help them monitor and thwart cyber threats in real-time, SecurePath’s inclusion will help our clients accelerate their insights needed to detect, analyze and block the threats before they cause any untoward incident”, said James Nunn Price, the Cyber Leader of Deloitte Asia Pacific.

“Joining Deloitte will create unparalleled Synergy in the market both locally and regionally, with the credentials of the SecurePath’s team”, said Kim Chung, the founder of SecurePath.

As per the details available to our Cybersecurity Insiders, SecurePath’s Kim Chuen( Chung) and his staff will be joining Deloitte by early next month and will work full force to strengthen the latter’s cybersecurity capabilities within the Asia Pacific.

Thus, with this latest deal, Deloitte seems to have completed its sixth purchase from last year’s resolution of investing heavily in risk and cyberspace which includes purchase o Converging Data Australia, CBIG Consulting, Connected Analytics, Practical Smarts, Qubit Consulting.

Naveen Goud is a writer at Cybersecurity Insiders covering topics such as Mergers & Acquisitions, Startups, Cyber Attacks, Cloud Security and Mobile Security

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