Accenture buys Brazil-based cybersecurity company Morphus

Accenture has acquired Morphus, boosting its cybersecurity footprint in Latin America with around 230 professionals.

Headquartered in Fortaleza, Morphus is a cyber defense, risk management and cyber threat intelligence services provider. The company has since its inception in 2003 grown into one of the leading cybersecurity players in the Brazilian landscape, with further offices in Recife, São Paulo, and Rio de Janeiro. Morphus also has an office in Chile.

“This acquisition complements our global security portfolio and nearly doubles our team in Brazil, accelerating the growth of our Cyber practice in the region,” said Andre Fleury, Security lead for Latin America at Accenture.

Paolo Dal Cin, who leads Accenture’s Security practice globally, said: “Together with the capabilities and experienced leadership of Morphus, we will work as one team to help organizations build a cyber resilient business and better secure their digital core, their technology and supply chains.”

“Our clients are always looking for the best solutions to strengthen their cyber defenses, and the addition of Morphus expands our global research workforce and network of talented, innovative security professionals.”

The deal continues a streak of bolt-ons Accenture has completed to bolster its cybersecurity offering. Since 2015, Accenture has made 16 acquisitions worldwide in the domain, including European companies Sentor and Openminded, Brazil-based Real Protect, and Symantec’s global Cyber Security Services business.

Last year, research firm ISG named Accenture as a leader in security consulting services and cyber managed services in Brazil.

Commenting on the joining of forces with the global giant, Rawlison Brito, CEO of Morphus, said: “We are excited to join Accenture to offer our thought leadership and better serve our clients by providing market-leading services and stronger cyber defense protection in Latin America.”