Ernst & Young Expands Services in IT Security
With the growing threats brought about by cyber attacks at present, Ernst & Young has expanded its consultancy services in IT security through the acquisition of Hacktics Ltd.’s professional services arm by Kost, Forer, Gabbay & Kassierer, a member company of Ernst & Young based in Israel.
Commenting on the acquisition, Ernst & Young’s leader of the Americas Information Technology Risk & Assurance (ITRA) practices Bernie Wedge said Hacktics will be working with Ernst & Young’s Advanced Security Centers (ASC) to provide their clients with IT security strategies to cope with the modern technology.
Ernst & Young’s Information Technology Risk & Assurance has been providing IT security services to CIOs and corporate security leaders to gain a better grasp of the real threat associated with the growing modernization of technology and communication, from mobile devices to social networking.
Wedge said ASC staff “think like hackers” when dealing with threats to IT security. ASC measures the actual effect of security breach to business and determine the particular area largely affected by it.
“The Hacktics team will be a great asset to our services, particularly due to their focus on web application security testing, which is currently high in demand,” Wedge added.
Hacktics Ltd., which was founded in Israel on 2004, has been helping companies worldwide to combat the risk of hacking and IT security breach by identifying the real magnitude of the threats to businesses.
Wedge said security frameworks of companies must be aligned with the business agenda of firms and must be based upon risk tolerance as suggested by programs adopted globally in sustaining IT security.
In December 3 last year, Deloitte Australia has also closed a deal with Agreon, a systems integrator based in Australia focusing on identity and access management. Deloitte National Security & Resilience partner Tommy Viljoen said the acquisition would expand its IT security services amid the growing concerns in this area among its clients.