EY fortifies cybersecurity offering with new acquisition

Professional services firm EY this week announced an agreement to acquire Open Windows Australia, a Melbourne-based identity and access management (IAM) provider.

Open Windows will strengthen EY’s cyber-security advisory capability and will add more than 45 IAM professionals to the firm. Open Windows services will be offered as part of EY immediately from when the acquisition is finalized in August 2017

The acquired firm will become the central platform for a new regional identity management advisory practice for EY. The new platform will provide identity-as-a-service (IDaaS) in addition to EY’s existing identity governance capability

“Open Windows gives us the foundation for creating a hub for our identity management capability across APAC and we will be investing in people and assets to build on this regional capability. Our clients will benefit from access to integrated identity management advisory expertise, rather than having to engage with multitude of suppliers,” said Paul Clark, Asia-Pacific, advisory, managing partner, EY.

The need to protect infrastructure such as financial systems, power grids, telecommunication lines, transportation, commerce and health care systems from cyber threats had never been more important.

“Connected infrastructure, growing networks and internet-enabled devices mean our communities are increasingly vulnerable to risk of attack from sophisticated cybercriminals, who often use weak identity management controls to compromise systems,’ said Richard Watson , lead partner, Cyber APAC at EY.

With an end-to end cyber advisory and implementation capability, EY is now better placed than ever to help clients protect critical systems.

“Combining Open Windows’ systems integration and managed service capabilities with EY’s risk and identity management advisory capabilities allows EY to offer an end-to-end solution in identity,” Clark added.

“This new combined central IAM platform within EY complements our offshore capability, and we see it is as a key point of differentiation from competitors who in the main offer offshore identity work only – and without the implementation advisory,” he said.