EY Identity (EYI) has made a strategic move by acquiring Melbourne-based cybersecurity consulting firm, J Group Consulting, to enhance its cybersecurity services across the Oceania region. This acquisition, announced on November 25, 2024, underscores the increasing emphasis on Privileged Access Management (PAM) solutions, which are critical in safeguarding sensitive information and IT systems. J Group Consulting, established in 2022, has quickly become known for its expertise in PAM, working with major tools like CyberArk, SailPoint, AWS, and HashiCorp Vault.
The collaboration will see J Group’s team, including its founder Joel Harris, integrate into EYI’s regional operations, expanding its capabilities to deliver end-to-end PAM services. This partnership will allow EYI to better serve clients in Oceania by providing more robust cybersecurity solutions, particularly in critical infrastructure sectors, which are facing growing regulatory scrutiny. Harris will also join EY Australia’s leadership team, reinforcing the depth of cybersecurity expertise at EYI.
Privileged Access Management (PAM) has become increasingly vital as cyber threats continue to evolve. By securing high-value accounts and sensitive systems, PAM solutions prevent devastating breaches caused by insider threats, misconfigurations, or external attacks targeting privileged credentials. As cybersecurity regulations tighten in Australia and the broader region, EYI’s acquisition of J Group Consulting places them in a strong position to address these rising challenges and provide tailored PAM solutions to organizations seeking to protect their data and IT infrastructure.
This acquisition highlights mutual benefits for both parties. For EYI, it broadens its cybersecurity service offerings and strengthens its market presence in Oceania. For J Group Consulting, joining a global network like EYI provides access to more resources and opportunities to scale its operations. The combined expertise of both companies positions them to effectively tackle emerging cybersecurity risks, ensuring that their clients are better equipped to navigate the evolving digital landscape.
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