Monday Morning Impact – August 25

Accenture has agreed to acquire CyberCX, a privately-owned cybersecurity services provider primarily serving Australia, New Zealand. The move represents Accenture’s largest cybersecurity acquisition to date and is intended to bolster Accenture’s cybersecurity services in Asia Pacific.

Established in Melbourne, Australia in 2019, CyberCX reports a workforce of approximately 1,400 professionals with a service roster that includes consulting, transformation, managed security, and advanced capabilities in offensive security and cyber physical security, crisis management, threat intelligence, and managed detection/response. The company operates a network of security operations centers across Australia and New Zealand, with additional offices in London and New York.it also comes to the table with AI-powered platforms that deliver cybersecurity services including detection and response and sovereign secure cloud.

“CyberCX and Accenture share a mission to harness the power of cyber to help our clients securely navigate change, accelerate business reinvention and build resilience against evolving threats,” said Paolo Dal Cin, global lead, Accenture Cybersecurity. “By combining Accenture’s agentic AI capabilities with CyberCX’s strong market leadership, innovative offerings and trusted C-suite and government relationships, we will enable clients across Asia Pacific to transform cybersecurity into a strategic advantage.”

The company has also forged ecosystem partnerships across major cybersecurity players such as Microsoft, Palo Alto Networks and CrowdStrike.

The acquisition will be the latest in a series of strategic moves by Accenture to expand its cybersecurity capabilities and solutions. Since 2015, Accenture has completed 20 security acquisitions, including most recently acquiring Morphus, MNEMO Mexico and Innotec Security.

Terms of the transaction were not disclosed. Completion of the acquisition is subject to customary closing conditions, including receipt of regulatory approvals.

Channel Impact^®
The acquisition is expected to further expand Accenture’s position in the region, enhancing its ability to build business resilience, protect critical infrastructure and drive secure enterprise reinvention amidst an increasingly complex regulatory and threat landscape.

LevelBlue has launched its Managed Web Application and API Protection (WAAP) security service, designed to deliver adaptive, always-on protection that can reduce risk and operational overhead for web application and API security. Used in conjunction with Akamai’s App & API Protector technology, the offering combines a web application firewall (WAF), distributed-denial-of service (DDoS) mitigation, bot protection, and foundational API security capabilities.

“Today, a surprising number of organizations rely on multiple tools that are not purpose-built for web application and API security—leading to complexity, silos, and rising costs,” said Sundhar Annamalai, president of the Dallas-based provider of managed security services, strategic consulting, and threat intelligence. “LevelBlue offers an alternative: proven services that consolidate and simplify protections with predictable investment. By combining LevelBlue’s operational expertise with Akamai’s proven technology, organizations can stay ahead of evolving threats and create cyber resilience for critical digital capabilities.”

The offering is available in two tiers, Essential and Advanced, giving organizations the flexibility to choose a service level that best meets their needs with regard to web application and API protection. Core benefits include the ability to automatically discover and secure critical assets, the use of AI in conjunction with global threat intelligence to spot anomalies and adapt to new attack vectors, automated security management, and access to a team of specialists.

“In 2024 alone, Akamai saw over 311 billion web app attacks. As AI accelerates, threats are harder to spot, and security is tougher to control,” said Rupesh Chokshi, Senior Vice President and General Manager of Akamai’s Application Security Portfolio.

Channel Impact^®
The Akamai and LevelBlue’s partnership is intended to provide customers access to a value proposition that combines technology with the operational expertise of a large MSSP.