Aussie cyber business CyberCX acquires Cloudten, Decipher Works

CyberCX confirmed that it has agreed to acquire cyber and cloud security specialists Decipher Works and Cloudten from ASX-listed Vortiv.

The companies provide specialised solutions in the cybersecurity, identity, data analytics and cloud services sector and have an enterprise customer base across financial services, education, government, transport, manufacturing and services sectors.

John Paitaridis, CyberCX CEO, said, “We are committed to delivering the market-leading cloud security and identity security capability. Decipher Works and Cloudten bring expertise and synergies that complement our mature cybersecurity capabilities and which will deepen CyberCX’s identity and cloud security expertise.”

With the cloud and identity cyber security market growing at up to 25 per cent annually, Paitaridis said the acquisition will strongly position CyberCX to take advantage of growth opportunities.

“Cloud and identity security are two of the fastest-growing cyber security domains globally. We see impressive talent and capabilities in these two businesses playing a critical role in deepening and enhancing CyberCX’s services, which are vital for our business and government customers as they adopt cloud-first solutions and enhance identity security controls,” Paitaridis added.

Richard Tomkinson, Cloudten managing director, said CyberCX’s culture, values and growth ambition align closely with Cloudten’s aspirations.

“CyberCX is the perfect home for our team of cloud-focused, cybersecurity professionals. We have built a leading cloud security practice with extremely strong network, compliance and data security capability. CyberCX complements our existing domain expertise and will accelerate our growth prospects. We are proud to join Australia’s leading cybersecurity services organisation and look forward to continuing to drive outstanding results for our customers,” Tomkinson explained.

The acquisitions mark a year of exceptional growth and activity for CyberCX.

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Michael Leonard and Stefan Halvarsson, Decipher Work’s executive directors, commented that the Decipher Works specialist team will enhance CyberCX’s strong identity and access management practice. Decipher Works brings some of the country’s most experienced solutions and technology developers and configuration specialists. As we join CyberCX, the scale and depth of expertise of the combined group will present one of the region’s most capable and compelling identity and access management offerings.”

Launched in October 2019, CyberCX has brought together the country’s most trusted cybersecurity companies to create comprehensive end-to-end cyber security services offering to Australian and New Zealand enterprise and government.

CyberCX has a workforce of over 600 cybersecurity professionals and a footprint of over 20 offices across Australia and New Zealand.

CyberCX has quickly established itself as the region’s leader for cyber security services. With a relentless focus on protecting Trans-Tasman organisations, CyberCX leads the industry discussion on cyber security threats and opportunities and passionately promotes rewarding cyber security careers, particularly for women.

The acquisitions mark a year of exceptional growth and activity for CyberCX. Launched in October 2019, CyberCX has brought together the country’s most trusted cyber security companies to create comprehensive end-to-end cyber security services offering to Australian and New Zealand enterprise and government. CyberCX has a workforce of over 600 cyber security professionals and a footprint of over 20 offices across Australia and New Zealand.

CyberCX has quickly established itself as the region’s leader for cyber security services. With a relentless focus on protecting trans-Tasman organisations, CyberCX leads the industry discussion on cybersecurity threats and opportunities and passionately promotes rewarding cybersecurity careers, particularly for women.

As a company, CyberCX offers a full suite of cyber security services, including: consult and advisory; governance, risk and compliance; incident response; penetration testing and assurance; security integration and engineering; cloud and identity security; and managed security services.

Led by industry experts and delivered by cyber security specialists committed to their craft, CyberCX represents Australia and New Zealand’s best cyber security talent, applying unmatched cyber security expertise to protect and defend Australian and New Zealand organisations from cyber threats.

Cloudten and Decipher Works have teams in Sydney, Melbourne, Brisbane and over 50 employees.