Deloitte Acquires Vigilant's Market Leading Cyber Security Services Business

Acquisition complements Deloitte's market-leading security practice and aggressively positions Deloitte as the cyber threat consultancy of the future

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Deloitte

May 30, 2013, 10:46 ET

NEW YORK, May 30, 2013 /PRNewswire/ -- Deloitte, recognized by Forrester Research, Inc. as both a leader and the largest information security consulting organization in the world, strengthened its cyber security capabilities today by acquiring substantially all of the assets of Vigilant, Inc., a specialist in security monitoring and cyber threat intelligence. Vigilant provides consulting, managed services, and information services that help organizations detect and respond to emerging cyber threats. The combined practices will operate under the Vigilant by Deloitte brand.

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Vigilant's suite of cyber threat management services complements Deloitte's market-leading security consulting practice and enhances Deloitte's cyber threat offerings. As a result, Deloitte has expanded its ability to provide customized security solutions to the world's leading enterprises in high-risk industry sectors, such as financial services, aerospace and defense, retail, manufacturing, technology, communications, energy, and pharmaceuticals.

"The issue of cyber security is now one of the leading risks for our clients and for our country," said Owen Ryan, national managing partner and risk advisory practice leader of Deloitte & Touche LLP. "With our enhanced capabilities in cyber security, Deloitte can help clients respond quickly to this threat."

Ed Powers, principal and national leader of Deloitte & Touche LLP's Security & Privacy practice, will lead the Vigilant by Deloitte cyber threat management services.

"The severity of cyber threats has elevated the profile of security and has increased the complexity of protecting information and critical infrastructure. The complementary nature of Deloitte's and Vigilant's businesses will expand our capability to deliver world-class, customized cyber threat management services to our clients," said Powers.

Vigilant Chief Executive Officer and President, Alison Andrews, noted, "After a decade of delivering innovative security monitoring solutions for global 1,000 clients, we couldn't be happier than to continue our mission as part of a world-renowned organization like Deloitte."

Deloitte's risk advisory services business is recognized as the market leader in providing end-to-end risk advisory services.

Mark Nicholson, Vigilant chief operating officer and co-founder added, "This is an important opportunity for both organizations. Cyber defense is quickly becoming a top board level and C-suite concern. The breadth and depth of Deloitte's risk advisory services, combined with Vigilant's focus on emerging threats, enables us to better protect our clients' critical business assets."

About Deloitte's Security & Privacy Services
Security, privacy and operational resilience are critical issues facing both public and private organizations. Security & Privacy services help organizations in their management of information and technology risks by delivering end-to-end solutions, using demonstrated methodologies and tools in a consistent manner. Our services help organizations address timely and pervasive issues such as identity theft, data security breaches, data leakage, cyber security and system outages across organizations of various sizes and industries, with the goal of enabling ongoing, secure and reliable operations across the enterprise. For deeper insights and new research on information security and privacy, visit our innovation center, the Center for Security and Privacy Solutions.

As used in this document, "Deloitte" means Deloitte & Touche LLP, a subsidiary of Deloitte LLP, except that the reference by Forrester Research, Inc. is to the Security & Privacy practices of the member firms of Deloitte Touche Tohmatsu Limited, including those member firms outside the U.S., in the aggregate. Please see www.deloitte.com/us/about

for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.

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