Accenture Announces Its Largest Ever Cybersecurity Acquisition of CyberCX

Global consulting giant Accenture has announced its largest-ever cybersecurity acquisition, acquiring Australian firm CyberCX in a landmark deal reportedly valued at $650 million. The move significantly expands Accenture’s cyber defense capabilities across the Asia-Pacific region and beyond.

CyberCX is one of the largest and most prominent cybersecurity firms in the Asia Pacific region. The company’s end-to-end services extend across consulting, transformation and managed security services and include advanced capabilities in offensive security and cyber physical security, crisis management, threat intelligence, managed detection and response, as well as strategic advisory, identity, cloud and network security.

Accenture’s acquisition of Australian cybersecurity firm CyberCX for a reported $650 million marks its largest-ever cybersecurity deal to date.

Why CyberCX?

• CyberCX employs approximately 1,400 cybersecurity professionals.
• Operates across Australia, New Zealand, London, and New York.
• Specializes in sovereign cloud security, threat intelligence, and crisis response.
• Offers advanced AI-powered cybersecurity platforms.

CyberCX was founded in October 2019 by John Paitaridis, who serves as CEO, and Alastair MacGibbon, the company’s Chief Strategy Officer. Paitaridis brought extensive experience from his leadership roles at Optus and Telstra, while MacGibbon contributed deep expertise from his tenure as Australia’s national cybersecurity advisor. Their vision was to create a sovereign cybersecurity powerhouse rooted in Australian and New Zealand capabilities.

CyberCX was financially backed by BGH Capital, a private equity firm that facilitated the rapid consolidation of 17 cybersecurity businesses to form CyberCX. This strategic roll-up enabled CyberCX to quickly establish itself as a dominant force in the region’s cybersecurity landscape.

Strategic APAC Expansion

Australia has faced a wave of high-profile cyberattacks in recent years, including breaches at Optus, Medibank, and Qantas. CyberCX’s strong local presence and government partnerships make it a strategic asset for Accenture’s push into the region. The acquisition positions Accenture as a dominant force in securing digital ecosystems across APAC.

Accenture’s Cybersecurity Growth Trajectory

Since 2015, Accenture has completed 20 security acquisitions, including most recently acquiring Morphus, MNEMO Mexico and Innotec Security.

Year	Company	Country
2023	Morphus	Brazil
2022	MNEMO	Mexico
2021	Innotec Security	Spain
2025	CyberCX	Australia

What This Means for the Industry

The acquisition signals a broader trend of consolidation in the cybersecurity sector, as global firms race to bolster defenses against increasingly sophisticated threats. For Accenture, it’s a bold step toward becoming the go-to provider for end-to-end cyber resilience, especially in geopolitically sensitive regions.