Orro, an Australian security and digital infrastructure provider, has strengthened its cyber protection offerings following its acquisition of eSecure, a managed security services provider.
eSecure provides information security and risk management services to a range of clients including Australia’s leading financial services providers and ASX top 100 companies.
The acquisition would add around 35 cyber experts to Orro's existing security team, along with a world-class Cyber Security Operations Centre in Sydney and customer follow-the-sun support services based in London, according to Rodd Cunico, Orro CEO.
“The addition of world-class cyber capability was an important piece in fully aligning Orro with our strategic goal to become Australia’s most respected platform-enabled secure network and digital infrastructure provider," Cunico said.
"Orro's investment will help us further expand our security business, with managed detection and response (CSOC services), assurance testing, security incident response and threat and vulnerability management services sitting alongside our existing network, governance and managed security services.
"We look forward to providing a wide range of secure network and cloud solutions, as well as a new cyber security presence in Australia."
eSecure is a CREST and 27001 certified Australian cyber security specialist. The company has invested in a state-of-the-art cyber security operation centre located within a highly secure facility in Sydney and since its establishment in 1999, the company has expanded with offices in Brisbane, Melbourne, Sydney and London.
According to Colin Boyce, eSecure founder, being part of Orro will enable the company to extend cyber security service offerings to both existing customers and the Orro extended customer base.
"With the backing and support of Orro, we look forward to further extending our service offering and competing for larger multiyear services contracts," Boyce added.
“The cultural alignment of eSecure’s core values with Orro’s was also a key factor in the decision to join the Orro family and we look forward to working alongside the talented professionals in the Orro team.
“We are excited by the opportunities that Orro presents for both our people and customers."
According to Gartner, Australian organisations will spend more than $4.9 billion on enterprise information security and risk management products and services this year. Within that investment, security services are expected to grow by 7.3 per cent, accounting for $3.2 billion of local spend.
The acquisition follows the launch of Orro earlier this year, since which time the company has continued to expand to almost 400 employees to meet demand for its services. Recent significant growth can be attributed both to high levels of organic growth, as well as strategic acquisitions.
Orro’s security offering includes embedded security solutions across network, cloud, data centre and device, as well as the addition of eSecure cyber security services specialising in the protection of data and digital infrastructure.
Nastasha is a Journalist at Momentum Media, she reports extensively across veterans issues, cyber security and geopolitics in the Indo-Pacific. Previously, she was a Content Producer at Verizon Media, a Digital Producer for Yahoo! 7 and Channel 7, a Digital Journalist at Sky News Australia, as well as a Website Manager and Digital Producer at SBS Australia. She started her career in media as a Video Producer and Digital News Presenter at News Corp Australia.