Professional services network Deloitte & Touche has made its second cloud cybersecurity acquisition of the year, buying almost all of the assets of CloudQuest, a Californian-based cloud security posture management provider.
CloudQuest’s cloud-native security capabilities will help Deloitte more seamlessly manage security workflows, reduce risk and improve data security as it expands its portfolio of cloud security orchestration, automation and response services and solutions.
"While the global pandemic slowed some things, it didn't slow cloud migration or cloud reliance for the vast majority of organisations," says Vikram Kunchala, Deloitte Risk & Financial Advisory Cyber Cloud leader and principal, Deloitte & Touche LLP. "As organisations work to build or advance their security postures for cloud or hybrid-cloud environments, we're expanding and diversifying our services and solutions portfolio to help our clients continuously monitor, prevent and remediate security threats."
"We see incredible opportunity in novel approaches that help organisations securely transform and operate while also realising competitive advantage and we're continually investing to bring the most innovative solutions to our clients," says Deborah Golden, Deloitte Risk & Financial Advisory Cyber and Strategic Risk leader and principal, Deloitte & Touche LLP. "Our acquisition of CloudQuest represents our profound commitment to transforming alongside our clients, competing vigorously in the market, and aggressively building out tech-enabled approaches that position Deloitte cyber as an unquestionable business enabler."
Vijay Sarathy, co-founder and CEO, CloudQuest, Inc., adds: "Joining Deloitte will enable us to expand our capabilities, helping organisations protect against the next generation of security threats, promote continued innovation and agility, and foster more efficient cloud security capabilities. This new chapter is one that my co-founders Ramesh Menon, Nishan Sathyanarayan and I always hoped to achieve, as we worked to help those in the cloud accelerate their cybersecurity efforts."
CloudQuest is Deloitte's second cyber acquisition in 2021. In January, Deloitte acquired Root9B, provider of advanced cyber threat hunting services and solutions to bolsters its detect and respond offerings.