Ernst & Young acquires Israeli cyber security specialist
Ernst & Young announced that Kost, Forer, Gabbay & Kassierer, the organization's member firm in Israel, has acquired the professional services arm of Hacktics Ltd., an Israel-based organization that provides a groundbreaking approach to identifying and addressing cyber offenses.
This acquisition represents yet another step in the expansion of services provided by Ernst & Young's Information Technology Risk & Assurance (ITRA) practices across the globe. Ernst & Young's integrated information security approach is designed to help CIOs and corporate security leaders understand the actual impact of security problems that can arise due to today's range of technologies (including mobile devices, the cloud sphere and social networks).
"We are pleased to welcome the Hacktics professional service practitioners into our Advanced Security Centres (ASC), where we will work together to provide clients with information security strategies that help them navigate today's borderless world," says Bernie Wedge, leader of the Americas ITRA practice at Ernst & Young. "Our ASC employees think like hackers when it comes to breaches in information security – and use that level of knowledge to help determine the potential impact of a security breach as well as pinpoint where the core business of the organization may be harmed. The Hacktics team will be a great asset to our services, particularly due to their focus on web application security testing, which is currently high in demand."
The Hacktics professionals will join the Israeli ITRA practice as part of the growing list of Advanced Security Centres that Ernst & Young firms have established across the globe. This addition expands Ernst & Young's ability to provide attack-and-penetration security testing, the most up-to-date knowledge about offensive methods used by attackers and 24-hour support in each hemisphere.
Founded in Israel in 2004, Hacktics has served more than 250 global corporations. Hacktics services help companies address the risks posed by data leakage and hackers, combining advanced hacker-like techniques with a robust methodology that focuses on the identification of actual business risks.
At the 2010 RSA Conference, a major information security industry event, Hacktics was among the finalists for "Most Innovative Company" based on the nomination of a product known as Seeker, which provides a web-based application vulnerability scanner that automatically exploits and captures the results in a video. Although Kost, Forer, Gabbay & Kassierer will not be acquiring this specific technology, it is this distinctive mode of operating which provides clients with both documentation of their problems and a means of educating them about how to avoid falling into the same traps.
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