Former Optus Business managing director John Paitaridis will head up Australia’s latest cyber security consulting supergroup, CyberCX, which is set to become the country’s “largest dedicated cyber security organisation” in the sector.
Backed by private equity firm BGH Capital, for which Paitaridis holds the role of technology portfolio chief executive, CyberCX rolls together twelve of Australia’s leading independent cyber security brands -- Alcorn, Assurance, Asterisk, CQR, Diamond, Enosys, Klein&Co., Phriendly Phishing, Sense of Security, Shearwater, TSS, and YellIT.
It is hoped the new consulting firm and services provider will become Australia’s leading full-service cyber security company, claiming initial workforce of over 400 of Australia’s most talented cyber security professionals.
CyberCX will have a national footprint, with over 20 offices across Australia, with a physical presence in Sydney, Melbourne, Brisbane, Canberra, Adelaide, and Perth. Further offices are planned in the months ahead.
The cyber supergroup will provide a full range of cyber security services, including consulting and advisory services, risk and compliance, security assurance, integration and engineering, training and education, incident response and digital forensics, and managed security services.
Former National Cyber Security Adviser Alastair MacGibbon will play a critical role in the company’s operations as chief strategy officer.
“Today I’m delighted to announce the creation of the leading independent cyber security services company in Australia,” Paitaridis said in a post on LinkedIn. “An organisation that unifies the nation’s most trusted cyber security brands and cyber experts with a single mission - to protect and defend Australian organisations and our communities from cyber threats.
“CyberCX is relentlessly cyber and obsessed with customer experience, bringing together the nation’s best cyber security talent, technology and leadership. We manage cyber risk in a way that empowers business, enterprise and government to thrive in a disrupted world,” he said.
It is understood that Paitaridis provided the “vision” behind the creation of CyberCX.
The transactions are subject to conditions including regulatory approvals. More organisations will be announced in the near future.