Accenture Reveals Strategic Investment In Brazil-Based Tenchi Security, A Third-party Cyber Risk Management Company; Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Accenture has announced a strategic investment in Tenchi Security, a Brazil-based third-party cyber risk management company. The financial terms of the deal were not disclosed. Accenture plans to integrate Tenchi's SaaS platform into its managed security services offering, aiming to help organizations mitigate cyber risks throughout their supply chain.
February 01, 2024 | 11:12 am
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Accenture's strategic investment in Tenchi Security is expected to enhance its managed security services offering by incorporating Tenchi's SaaS platform, aimed at reducing cyber risks in supply chains.
The investment in Tenchi Security is likely to be viewed positively by investors and clients, as it enhances Accenture's capabilities in managing cyber risks, a critical area of concern for organizations globally. This strategic move could lead to an increased demand for Accenture's managed security services, potentially boosting its revenue and strengthening its market position in cybersecurity solutions.
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