Audit, tax, and advisory firm KPMG announced that it has acquired the Identity and Access Management business of Silicon Valley-based Cyberinc, a provider of cyber-security solutions globally.
Cyberinc, the largest independent identity and access management (IAM) technology provider in the world, will enhance KPMG’s existing capabilities in information security consulting services and expand the firm’s ability to provide clients with emerging and more agile IAM solutions. The transaction further bolsters KPMG’s talent and resources in the rapidly growing 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,” said Lynne Doughtie, U.S. Chair and CEO of KPMG. “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 United States, India, Australia, and the United Kingdom, with extensive experience providing advisory, strategy, implementation services, and managed services for organizations that need to transform their enterprise or consumer identity capabilities. Cyberinc is a subsidiary of Aurionpro Solutions Limited, a global technology product and solution provider, headquartered in Mumbai, India and San Ramon, California.
The Cyberinc transaction is KPMG’s second acquisition in this area, following the October 2014 acquisition of certain assets of Qubera Solutions, a privately-held cyber-security firm that provides IAM services.