Deloitte Touche Tohmatsu Minimal today announced its acquisition of CloudQuest, a cloud security posture administration (CSPM) provider primarily based in Cupertino, California.
Multinational expert products and services network Deloitte mentioned that the deal will bolster its latest cloud cybersecurity choices with CloudQuest’s cloud-native security abilities “to far more seamlessly regulate security workflows, cut down risk and boost info security.”
Vikram Kunchala, Deloitte risk & fiscal advisory cyber cloud chief and principal, Deloitte & Touche LLP, explained that the Covid-19 pandemic had not delayed the adoption of cloud technologies.
“Though the international pandemic slowed some things, it didn’t sluggish cloud migration or cloud reliance for the wide vast majority of corporations,” mentioned Kunchala.
“As businesses function to create or progress their security postures for cloud or hybrid-cloud environments, we are increasing and diversifying our services and methods portfolio to enable our consumers continually keep track of, protect against and remediate security threats.”
Bolting on CloudQuest’s organization will make it possible for Deloitte to go on to expand its portfolio of cloud security orchestration, automation and reaction (SOAR) products and services and options.
“We see unbelievable possibility in novel approaches that support corporations securely transform and function when also realizing aggressive gain,” explained Deborah Golden, Deloitte risk & fiscal advisory cyber and strategic risk leader and principal, Deloitte & Touche LLP, “and we’re frequently investing to carry the most impressive methods to our clientele.
“Our acquisition of CloudQuest signifies our profound motivation to reworking alongside our purchasers, competing vigorously in the market, and aggressively developing out tech-enabled ways that placement Deloitte cyber as an unquestionable enterprise enabler.”
Fiscal phrases of the offer ended up not disclosed. CloudQuest is Deloitte’s next cyber acquisition in 2021, preceded by cyber-threat looking company Root9B, LLC (R9B).
CloudQuest CEO Vijay Sarathy, who co-started the organization in 2017, stated: “Signing up for Deloitte will empower us to extend our abilities, encouraging businesses protect against the up coming generation of security threats, promote ongoing innovation and agility, and foster far more effective cloud security capabilities.
“This new chapter is one that my co-founders Ramesh Menon, Nishan Sathyanarayan and I normally hoped to accomplish, as we labored to aid people in the cloud accelerate their cybersecurity endeavours.”
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