Accenture’s Acquisition Of Deja vu Security: Details You Should Know About

By Amit Chowdhry • Jun 19, 2019
  • Accenture recently announced it acquired “Security of Things” company Deja vu Security.
  • These are the details behind the deal.

Accenture recently announced the acquisition of Seattle-based “Security of Things” company Deja vu Security. This acquisition gives Accenture Security a distinctive position in secure enterprise application and network development services. And Deja vu Security is also becoming part of Accenture Security’s Cyber Defense offerings. The terms of the deal were undisclosed.

Deja vu Security is a privately held company that is known for specializing in security design and testing of enterprise software platforms along with Internet of Things (IoT) technologies. And Deja vu Security also serves some of the world’s largest technology companies and provides a wide range of security services designed to strengthen business applications and increases cyber resilience by integrating security throughout the product development lifecycle.

Launched in 2011, Deja vu Security is going to bring Accenture a deep expertise in the techniques, tools, and methods for securing IoT networks and connected devices. Plus the acquisition of Deja vu Security further enables Accenture Security’s commitment to investing in and innovating next-generation cybersecurity solutions in order to help protect the businesses of their clients from end-to-end.

“For technology companies, third-party suppliers and consumers alike, IoT security controls often remain an afterthought — which is why it’s critical that security is built in from the start for any new products, processes or services,” said Accenture Security senior managing director C. Kelly Bissell. “Deja vu Security’s team of innovative specialists brings considerable technical cybersecurity skills, making them a strong strategic fit, and will help our clients reduce the risk of their connected solutions. We are very excited to welcome the Deja vu Security team to Accenture.”

In a research project, Accenture discovered that companies globally could incur US$5.2 trillion in additional costs and lost revenue in the next five years due to cyber attacks as the dependence on complex Internet-enabled business models outpaces the ability to introduce adequate safeguards that protect critical assets.

“Accenture’s people-focused culture and innovative mindset are core values that both companies share, and our unique capabilities complement each other perfectly. We are thrilled to be joining such a high-caliber global organization,” added Deja vu Security’s chief executive officer Adam Cecchetti.

As a whole Accenture employs 477,000 people who serve clients in over 120 countries. And Accenture Security works with organizations build resilience from the inside out so that they can focus on innovation and growth. The services offered by Accenture Security include strategy and risk management, cyber defense, digital identity, application security, and managed security.