KPMG has agreed to acquire the Identity and Access Management business of Silicon Valley-based Cyberinc, which provides cyber security solutions globally. Cyberinc is an independent identity and access management (IAM) technology provider.
The firm will enhance KPMG's existing capabilities as a leader in information security consulting services and expand the firm's ability to provide clients with emerging and more agile IAM solutions, says Lynne Doughtie, U.S. Chairman and CEO of KPMG. The transaction also bolsters KPMG's talent and resources in the area of digital consumer identity and privileged user management, which are evolving security-focused capabilities to enhance important elements of customer-engagement.
"Cyber security remains a top risk to organizations as threats grow in scale and cyber criminals develop new ways to access protected information," Doughtie says. "KPMG's identity and access management solutions team can assist clients, across all industries, protect their information and enable their digital strategies and growth plans."
