See our Outsourcing Provider Directory here

Mycroft Team Joins EY to expand cybersecurity capabilities through Identity and Access Management

Acquisition will enhance EY’s ability to quickly and efficiently deliver critical cybersecurity services

EY has announced the Mycroft team, a leading provider of cloud-based identity-as-a-service (IDaaS) and identity and access management (IAM) services designed to help protect digital assets and enhance business productivity, has joined Ernst & Young LLP in the US. The deal will expand EY’s ability to help clients safeguard their valuable corporate assets from the increasing threat of cyber-attacks by supporting secure access to critical applications and data around the clock.

The combination enables EY to immediately go to market with a cloud-based IDaaS and IAM managed services offering – two areas poised for consistent growth. Mycroft’s engineering and field experience along with its very talented team put EY in a position to be the security managed services provider of the future.

“IAM is crucial to clients’ growth of cloud technology,” said Bob Sydow, EY Americas Cybersecurity Leader. “The Internet of Things has created a new cyber frontier and our new team members from Mycroft provide the perfect fit to offering our clients solutions to their cybersecurity concerns. Globally, we are committed to helping our clients solve their biggest, most complex cybersecurity issues and this deal is a reflection of that.”

Filling a skills gap

With the proliferation of new business technologies and platforms, managing data access and security while meeting regulatory requirements has become a daunting task for many companies of all sizes, many of which lack the deep technical expertise required to effectively thwart cyberattacks and online threats.

Nearly two-thirds of organizations do not have well-defined and automated IAM programs, while only 5% of organizations have a threat intelligence team with dedicated analysts and external advisors that evaluate information for credibility, relevance and exposure against threat actors, according to EY’s latest Global Information Security Survey.

“Companies now understand that it’s not a matter of if, but when their business will be threatened,” said Jon Freeman, CEO and founder of Mycroft Inc. “Now more than ever, customers are seeking advisors on technical implementation within a secure environment. We’re looking forward to joining EY and introducing our premium offerings to a much richer and diverse clientele.”

This US acquisition is the latest in a series of EY cybersecurity investments, with $20 million alone earmarked for the organization’s recently launched Managed Security Operations Center (SOC), a global initiative designed to provide 24/7 tools and support to secure businesses worldwide. The Mycroft team will join the EY global cybersecurity workforce, which will increase six-fold by 2020 as EY continues to outgrow the Cybersecurity market. Source: www.ey.com

 

Get 3 Free Quotes Logo

  • Save 70%
  • Unrivaled expertise
  • Verified leading firms
  • Transparent, safe, secure

Get Started

Small Teams Call Logo

Start your Outsourcing Journey in 15 seconds.

Get Started

Enterprise & Large
Teams Call
Logo

Explore with an Enterprise Expert

  • Independent
  • Trusted
  • Transparent
Outsourcing

Dive into “Outsourcing”

A Guide to … Selecting the Correct Business Unit … Negotiating the Contract … Maintaining Control of the Process

Order now

Outsourcing Articles

Start your
outsourcing
journey here

"*" indicates required fields

Start your outsourcing journey.

Book a call with an outsourcing expert now

This field is for validation purposes and should be left unchanged.

"*" indicates required fields

This guide will walk you through some areas most important when outsourcing, such as
  • Identifying Your Outsourcing Needs Intelligently
  • Research & Selection
  • The Bidding Process
  • Contracts & Agreements
  • Implementation & Onboarding
  • Ongoing Management
  • Evaluating Success
  • Additional Resources

Book a call with an outsourcing expert now

This field is for validation purposes and should be left unchanged.

"*" indicates required fields

Become an OC Partner
This field is for validation purposes and should be left unchanged.

"*" indicates required fields

Media Inquiries for OC
This field is for validation purposes and should be left unchanged.

"*" indicates required fields

Subscribe to our Newsletter
This field is for validation purposes and should be left unchanged.

"*" indicates required fields

Submit Press Release
Accepted file types: pdf, doc, docx, Max. file size: 8 MB.
This field is for validation purposes and should be left unchanged.

"*" indicates required fields

Submit an Article
Accepted file types: pdf, doc, docx, Max. file size: 8 MB.
This field is for validation purposes and should be left unchanged.

"*" indicates required fields

Request Ben Trowbridge as a Keynote Speaker
This field is for validation purposes and should be left unchanged.

Go to standard quote

Exclusive Enterprise Assistance

  • Independent
  • Trusted
  • Transparent

Offshore staffing solutions for enterprise. Independent expertise, advice & implementation

  • 200+ Firms, Global Reach
  • Offshore, Nearshore, Onshore, Rightshore
  • Managed Request for Proposal (RFP)
  • Assisted Procurement Processes
  • Vendor Management
  • Unique Build Operate Transfer model
  • Captive & Shared Services
  • Champion-Challenger
  • Multi-site, multi-vendor, multi-source
  • Managed Solutions

For Enterprise and large teams only

  • Book 20-minute consult, obligation free

You will get:

  • Needs Analysis & Report
  • Salary Guidance & Indicative Pricing
  • Process Map

Only takes 1 minute to complete the form

Get Started

Not an enterprise?

Go to standard quote