Bloomberg Finance Expert Creates Title for Passage

There is no text in the article to summarize. Please provide the article text so I can assist you.

Accenture, a leading global professional services firm, has announced its intention to acquire CyberCX, a prominent Australian cybersecurity company, in a deal valued at over A$1 billion ($650 million). The acquisition underscores the growing demand for advanced digital security services in an increasingly complex threat landscape [1].

CyberCX, established in Melbourne in 2019, is one of the largest cybersecurity firms in the Asia-Pacific region, employing approximately 1,400 skilled professionals. The company offers a wide range of services, including consulting, transformation, and managed security services, as well as specialized capabilities in offensive security, cyber physical security, and threat intelligence [1].

The acquisition will significantly bolster Accenture's cybersecurity services in the Asia-Pacific region. Accenture's global lead for cybersecurity, Paolo Dal Cin, stated, "By combining Accenture’s agentic AI capabilities with CyberCX’s strong market leadership and trusted C-suite and government relationships, we will enable clients across Asia Pacific to transform cybersecurity into a strategic advantage" [1].

The integration of CyberCX's AI-powered platforms and security operations centers will enhance Accenture's ability to build business resilience and protect critical infrastructure. CyberCX's extensive expertise, demonstrated through over 2,600 certifications, complements Accenture's existing cybersecurity portfolio [1].

The acquisition is timely given Accenture's recent report, which found that 97% of Australian organizations are not adequately prepared to secure their AI-driven future. The report highlights the need for robust cybersecurity practices to protect models, data pipelines, and cloud infrastructure [1].

Peter Burns, who leads Accenture’s business in Australia and New Zealand, commented, "CyberCX’s breadth of capabilities, trusted relationships with government and critical infrastructure organizations, and exceptional talent in the region, combined with Accenture’s local and global scale and innovation, will help us meet this ever-increasing client need" [1].

John Paitaridis, CEO of CyberCX, expressed pride in the company's achievements and the potential for growth under Accenture's umbrella. "Joining Accenture’s global cybersecurity organization enables our exceptional people to combine forces with global capabilities and provide world-leading cybersecurity services to an even greater number of clients across Asia Pacific as we accelerate our growth in the region" [1].

This acquisition is part of Accenture's broader strategy to expand its cybersecurity capabilities and solutions. Since 2015, Accenture has completed 20 security acquisitions, including the recent acquisition of Morphus, MNEMO Mexico, and Innotec Security [1].

The terms of the transaction were not disclosed, and completion of the acquisition is subject to customary closing conditions, including regulatory approvals. Forward-looking statements in this news release are subject to various risks and uncertainties, as outlined in the release [1].

References:
[1] Accenture to acquire CyberCX expanding cybersecurity capabilities in Asia-Pacific. [https://newsroom.accenture.com/news/2025/accenture-to-acquire-cybercx-expanding-cybersecurity-capabilities-in-asia-pacific](https://newsroom.accenture.com/news/2025/accenture-to-acquire-cybercx-expanding-cybersecurity-capabilities-in-asia-pacific)