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Deloitte Acquires Boutique Cyber Advisory Firm SecurePath

Deloitte, a Top 200 MSSP for 2019, has acquired SecurePath and added the company to its risk advisory practice in Malaysia, according to Channel Asia.

This is M&A deal Number 64 that MSSP Alert and ChannelE2E have covered in 2020. See the complete M&A deal list here.

SecurePath is a Malaysia-based boutique consulting firm that specializes in security advisory and product enablement. It provides the following security solutions:

  • Cyber Threat Defense: Enables organizations to develop and implement security strategies and guard against cyberattacks.
  • Governance, Risk & Compliance: Helps organizations comply with the Personal Data Protection Act (PDPA) and other data security requirements.
  • Information Management & Protection: Ensures organizations can protect their devices against cyber threats and maintain secure data access.

SecurePath also offers advisory, residency and design-build-operate services and partners with Symantec, FireEye and other cybersecurity companies.

Deloitte Acquires Converging Data

Deloitte’s SecurePath acquisition comes after the company in March 2019 purchased Converging Data, an Australia-based cybersecurity firm that works with AttackIQCarbon BlackPhantom and Splunk. Converging Data joined Deloitte’s risk advisory practice as part of the transaction, according to reports.

Converging Data operates in the APAC (Asia-Pacific) and EMEA (Europe, Middle East, Africa) regions. It provides a data platform-as-a-service offering that enables organizations to deploy Splunk for cybersecurity, fraud analytics, IT operations and other use cases.

Deloitte offers cyber risk services, including Fusion Managed Services that leverage technology and human intelligence to help organizations monitor, detect, investigate and respond to known and unknown cyberattacks and secure data. It also looks poised to continue to grow its MSSP and cybersecurity practice in the years to come.

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