Bank of America has announced plans to acquire information security specialist MDSec Consulting Limited. The deal is expected to be completed during the fourth quarter of 2026 following regulatory approvals.
MDSec is headquartered in Macclesfield, England, with approximately 65 cybersecurity professionals providing deeply technical information security consultancy services.
Bank of America already has a significant presence in the North of England, with over 1,400 employees based nearby in Chester, including one of the bank’s cyber threat operations centers.
KEY QUOTES:
“We have long admired the exceptional ability of the MDSec team and are delighted that Bank of America and its clients will now further benefit from their work. We look forward to welcoming the MDSec team to Bank of America as we continue to enhance our leading cybersecurity capabilities in the UK and globally.”
Kris Fador, Chief Information Security Officer, Bank of America
“We’re immensely proud of what we’ve built at MDSec and, above all, of the team that made it possible. Joining one of the world’s leading financial institutions, one that reflects our culture of innovation and technical excellence, gives us an incredible opportunity to take that ambition to the next level.”
Dominic Chell, Co-Founder, MDSec
