Accenture has acquired IAMConcepts, a Canadian firm specialising in identification and entry administration (IAM) providers, for an undisclosed sum.
The acquisition is meant to strengthen Accenture’s cybersecurity choices in Canada, and enhance its capability to ship superior IAM options throughout key industries, together with monetary providers, energy utilities, mining, and transportation.
Accenture Cybersecurity international lead Paolo Dal Cin stated: “As AI accelerates the menace panorama, organisations should rethink their strategy to identification safety. But most identification and entry administration packages nonetheless focus predominantly on human customers.
“By combining IAMConcepts’ technical abilities and demanding infrastructure information with Accenture’s end-to-end cybersecurity providers and experience, we are going to assist our shoppers to safe digital identities via a extra holistic strategy to menace detection.”
IAMConcepts, primarily based in Toronto, was based in 2013. It presents providers reminiscent of identification governance and administration, privileged entry administration, and buyer identification and entry administration amongst others.
Based on the corporate web site, IAMConcepts has assisted greater than 300 shoppers in 700+ IAM tasks all through North America and Europe.
IAMConcepts CEO Fahad Kabir stated: “Agentic and generative AI has fully modified the sport on either side of the struggle, making robust and sturdy IAM protections much more crucial for enterprise resilience.
“We’re excited to hitch the Accenture group, increasing our capabilities to assist shield shoppers as they navigate this new enviornment, the place hackers and cyber threats could now not simply be an actual individual behind a keyboard.”
The acquisition of IAMConcepts is a part of Accenture’s ongoing technique to broaden its cybersecurity capabilities.
Since 2015, the corporate has acquired 22 corporations within the cybersecurity sector, together with CyberCX, Morphus, and MNEMO Mexico.
