February 24, 2024

Accenture Acquires Morphus, Brazil-Based Cybersecurity Company

Accenture Acquires Morphus, Brazil-Primarily based Cybersecurity Enterprise
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Morphus’s deep cybersecurity research expertise, cyber defense and danger intelligence products and services widen Accenture’s cybersecurity footprint in Latin The us

 
FORTALEZA, Brazil and NEW YORK Feb. 13, 2023 – Accenture (NYSE: ACN) has obtained Morphus, a privately held Brazil-centered cyber defense, hazard administration and cyber danger intelligence expert services company, increasing its follow capabilities in Brazil and Latin The united states. Money conditions were not disclosed.
 
Established in 2003, Morphus is headquartered in Fortaleza, which is in the Ceará region in northeastern Brazil, with workplaces in Recife, São Paulo, Rio de Janeiro and Santiago, Chile. Morphus’s conclude-to-close portfolio features pink and blue team products and services governance, danger and compliance services business threat management cyber method risk intelligence and managed security services (MSS). 
 

 
In accordance to Accenture’s recent Cyber Threat Intelligence investigate, Brazil is one particular of the prime victims of infostealer malware – a malicious application made to steal victim facts such as passwords.
 
“Together with the capabilities and expert management of Morphus, we will work as one particular team to enable corporations develop a cyber resilient organization and greater protected their electronic core, their know-how and provide chains,” claimed Paolo Dal Cin, who prospects Accenture Protection globally. “The acquisition provides more than 230 really expert experts, generating Accenture a person of the biggest cybersecurity expert companies suppliers in Brazil. Our clientele are normally searching for the best options to fortify their cyber defenses, and the addition of Morphus expands our world-wide investigate workforce and network of gifted, revolutionary security experts.”
 
The acquisition expands Accenture’s portfolio and marks the start of a Cyber Industry observe in Latin The united states led by seasoned former CISOs from Morphus. The new choices also expand Accenture’s situation in Progress Marketplaces in Morphus’s most important industry teams: communications media and know-how, financial providers, energy, retail and aviation.
 
Rawlison Brito, CEO of Morphus, mentioned: “We consider that protection and science go hand-in-hand. With Accenture, we can keep on our cyber risk exploration and develop our sophisticated studies of cybersecurity by collaborating with protection research gurus on a global scale. We are excited to be a part of Accenture to offer you our imagined leadership and far better provide our shoppers by supplying marketplace-main services and stronger cyber defense safety in Latin The usa.”
 
With a robust footprint in Brazil and Chile, the acquisition brings to Accenture Morphus Labs, a research facility in Fortaleza devoted to cybersecurity experiments, vulnerability and danger investigation and MSS. This will insert a new Cyber Fusion Center in Fortaleza to Accenture’s existing worldwide network, which contains Morphus’s cybersecurity R&D capabilities.
 
Andre Fleury, Accenture Safety direct for Latin The us, said: “The cybersecurity group at Morphus will accelerate the advancement of our Cyber Marketplace apply in the region, approximately doubling our protection footprint in Brazil. The acquisition enhances our international Security practice and will allow us to enable our consumers embed safety by design and increase the offerings we give across a broad range of industries in Latin America.”

Previous calendar year, Accenture was regarded as a chief in strategic security companies and MSS in Brazil by ISG.
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Since 2015, Accenture Safety has manufactured 16 acquisitions. Next its January 2020 acquisition of Symantec’s Cyber Stability Products and services business enterprise, Accenture turned 1 of the top worldwide suppliers of MSS. Accenture further more strengthened its cyber defense and MSS abilities through the acquisition of Brazil-based Authentic Safeguard, and European cyber companies Sentor and Openminded in 2021.
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Ahead-Seeking Statements
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Except for the historic details and conversations contained herein, statements in this information release may perhaps represent ahead-wanting statements inside the that means of the Non-public Securities Litigation Reform Act of 1995. Phrases these as “may,” “will,” “should,” “likely,” “anticipates,” “aspires,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates,” “positioned,” “outlook,” “goal,” “target” and comparable expressions are utilised to discover these forward-wanting statements. These statements are not ensures of long term functionality nor claims that objectives or targets will be achieved, and require a quantity of hazards, uncertainties and other elements that are tricky to forecast and could lead to precise final results to vary materially from those expressed or implied. These dangers include things like, without limitation, pitfalls that: the transaction could possibly not accomplish the expected positive aspects for Accenture Accenture’s results of functions have been, and may possibly in the long term be, adversely affected by volatile, negative or uncertain financial and political situations and the effects of these ailments on the company’s clients’ firms and levels of enterprise activity Accenture’s company depends on creating and keeping consumer demand from customers for the company’s solutions and answers which includes through the adaptation and expansion of its solutions and answers in response to ongoing variations in know-how and offerings, and a sizeable reduction in these demand from customers or an inability to answer to the evolving technological surroundings could materially influence the company’s outcomes of functions if Accenture is not able to match persons and their skills with client demand from customers all around the environment and appeal to and retain pros with powerful management techniques, the company’s organization, the utilization charge of the company’s specialists and the company’s effects of functions may be materially adversely afflicted Accenture faces authorized, reputational and monetary threats from any failure to guard consumer and/or organization information from protection incidents or cyberattacks the markets in which Accenture operates are highly competitive, and Accenture may not be able to contend efficiently Accenture’s means to entice and retain business enterprise and personnel may perhaps depend on its popularity in the marketplace Accenture’s environmental, social and governance (ESG) commitments and disclosures may well expose it to reputational threats and lawful liability if Accenture does not successfully regulate and produce its interactions with critical ecosystem associates or fails to foresee and build new alliances in new technologies, the company’s benefits of operations could be adversely impacted Accenture’s profitability could materially endure if the company is unable to receive favorable pricing for its companies and methods, if the corporation is unable to continue being competitive, if its expense-administration techniques are unsuccessful or if it activities shipping inefficiencies or are unsuccessful to fulfill certain agreed-on targets or specific services degrees changes in Accenture’s amount of taxes, as properly as audits, investigations and tax proceedings, or variations in tax legal guidelines or in their interpretation or enforcement, could have a content adverse effect on the company’s powerful tax price, results of functions, cash flows and monetary affliction Accenture’s benefits of operations could be materially adversely affected by fluctuations in foreign forex exchange fees changes to accounting expectations or in the estimates and assumptions Accenture tends to make in link with the preparation of its consolidated money statements could adversely have an effect on its fiscal results as a final result of Accenture’s geographically various functions and technique to proceed to expand in crucial marketplaces close to the environment, the business is much more susceptible to sure hazards if Accenture is unable to control the organizational difficulties involved with its measurement, the corporation may be unable to realize its business objectives Accenture may possibly not be prosperous at getting, investing in or integrating companies, coming into into joint ventures or divesting corporations Accenture’s small business could be materially adversely affected if the corporation incurs legal legal responsibility Accenture’s world functions expose the firm to a lot of and from time to time conflicting authorized and regulatory requirements Accenture’s operate with government shoppers exposes the organization to added hazards inherent in the authorities contracting surroundings if Accenture is unable to defend or enforce its mental residence rights or if Accenture’s companies or alternatives infringe upon the intellectual property rights of other individuals or the firm loses its ability to utilize the mental residence of many others, its business enterprise could be adversely afflicted Accenture may perhaps be subject matter to criticism and destructive publicity similar to its incorporation in Ireland as properly as the risks, uncertainties and other factors discussed below the “Risk Factors” heading in Accenture plc’s most recent Annual Report on Variety 10-K and other files filed with or furnished to the Securities and Exchange Commission. Statements in this information release talk only as of the date they had been produced, and Accenture undertakes no obligation to update any forward-looking statements built in this information launch or to conform these kinds of statements to genuine success or variations in Accenture’s anticipations.
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About Accenture 
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Accenture is a primary international professional products and services corporation that can help the world’s top corporations, governments and other organizations construct their electronic core, enhance their operations, accelerate income progress and greatly enhance citizen services—creating tangible price at pace and scale. We are a expertise and innovation led enterprise with 738,000 folks serving customers in extra than 120 nations. Know-how is at the main of adjust currently, and we are one of the world’s leaders in assisting push that adjust, with powerful ecosystem associations. We merge our power in technological know-how with unmatched industry practical experience, functional abilities and global shipping functionality. We are uniquely in a position to deliver tangible results since of our broad array of solutions, methods and property throughout Approach & Consulting, Technologies, Functions, Sector X and Accenture Tune. These abilities, with each other with our culture of shared results and determination to creating 360° benefit, help us to aid our shoppers triumph and make trusted, long lasting associations. We evaluate our achievements by the 360° worth we develop for our purchasers, each and every other, our shareholders, companions and communities. Go to us at www.accenture.com.
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Accenture Security is a main supplier of finish-to-conclusion cybersecurity companies, such as highly developed cyber defense, applied cybersecurity methods and managed stability operations. We convey safety innovation, coupled with world wide scale and a around the world shipping and delivery capability as a result of our community of State-of-the-art Technological innovation and Clever Functions centers. Helped by our workforce of hugely skilled gurus, we permit clients to innovate properly, create cyber resilience and expand with assurance. Stick to us @AccentureSecure on Twitter, LinkedIn or pay a visit to us at accenture.com/protection
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Alison Geib
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Accenture
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Denise Berard
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Accenture
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