EY Australia has acquired Sydney-based cybersecurity consultancy, Aleron which specialises in cybersecurity strategy, architecture design and implementation.
Founders Mark Wroniak and Alex Morkos, will join EY as partners, bringing with them 36 staff and contractors across Australia.
As part of the asset acquisition, EY will acquire Aleron’s cybersecurity analytics and risk reporting platform – eDNA – and plans to scale the platform globally. The platform enables companies to view the health of IT systems in real time and identify where to focus efforts and budget to reduce cyber risk.
“Our experience as an end-to-end solution provider, coupled with our unique technology offering will enable us to leverage data-driven solutions for clients to address their concerns around cyber risk and translate that into real actions to resolve them,” Wroniak said.
Michelle Price, CEO of AustCyber, noted that Aleron was one first companies included in AustCyber’s portfolio of cyber innovators.
“Aleron’s acquisition by global player EY will ensure eDNA – Australia’s first integrated cyber risk management tool – now has a much quicker and more dynamic path to global market access and impact,” Price said.
“This is another win for the sector and further proof of its growing maturity.”
Anthony Robinson, EY Oceania Cybersecurity Leader said the acquisition will build on EY’s capability to deliver end-to-end cyber resilience for its clients.
“It’s critical that cybersecurity is at the core of business strategy rather than just being seen as an off-the-shelf technology solution. Having worked extensively with some of Australia’s largest organisations, Aleron will bring a unique understanding of business acumen coupled with a technological capability to create that important link to the C-suite and board,” Robinson said.
The acquisition announcement follows the launch of EY’s largest cybersecurity facility in the Asia-Pacific region in Melbourne.
EY Oceania CEO and Managing Partner, Tony Johnson said the acquisition demonstrates the company’s continued growth in digital services.
“Over the past 12 months we have strengthened our SAP integration capability with the acquisition of Plaut, bolstered our digital consulting services with the addition of Adelphi, and acquired innovative economic modelling automation technology with our Cadence acquisition. We will continue to invest in digital skills and intellectual property to meet the growing needs of our clients,” Johnson said.