CONTEXT Information Security, a New York-based cyber defence consultancy with offices in Edinburgh, has been acquired by Accenture.

Founded in 1998, Context is one of the most recognisable information security service providers in the UK and in global financial services.

The firm provides cyber defence, vulnerability research and incident response services. They have been involved in handling some of the most advanced incident response cases in the industry. The acquisition is set to strengthen Accenture Security’s existing portfolio and allows Context to become part of Accenture’s cyber defence offerings.

Mark Raeburn, Context Information Security’s CEO, said, “We are excited about the opportunity to become part of the Accenture family. Combining our skills and expertise under one roof to help us do more for our clients and create more opportunities for our people was an easy decision.

“Accenture’s industry-focused approach across adversary simulation, red teaming, incident response and more, matches Context’s own strategy.

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“Accenture’s family culture is a great fit for Context. We’re genuinely excited to join forces to help clients better defend themselves against the world’s most advanced adversaries.”

Context’s existing client base spans multiple industries, including financial services, government, aerospace and defence, and critical infrastructure.

The firm has already previously played a significant role in helping organisations in responding to the threat of advanced cyber attacks.

Les Bayne, joint managing director for Accenture Scotland said: “Companies like Context Information Security with footprints here in Edinburgh offer huge opportunities for financial services firms to benefit from industry leading cyber defence talent and experience.

“They are an excellent match for Accenture Security globally, but particularly here in Scotland where financial services firms demand world class support.”

Rick Hemsley, managing director for Accenture Security said: “Today is a very exciting day for Accenture Security here in Scotland as we are adding super talented colleagues to our existing team locally.”