With an aim to offer a highly secure service to its enterprise customers, BlackBerry today announced the acquisition of UK-based cyber-security consultancy Encription. With this acquisition, the company will launch a new consulting practice, the Professional Cybersecurity Services, that will assess and thwart cybersecurity risks for organizations.
“As part of the new Professional Cybersecurity Services practice – and aligned with BlackBerry’s core emphasis on securing mobile communications across all platforms – BlackBerry acquired UK-based Encription Limited, which brings years of cybersecurity consulting experience to the organization,” the company said in a statement.
Financial terms of the deal are not being disclosed yet.
Besides smartphone industry, BlackBerry has also contributed a major share on security software and services as the popularity of its devices have waned. With an estimated $16.5 billion worth (roughly Rs. 1,13,150 crores) a year globally, the company is seeing a massive potential in the cyber-security consulting space.
“This is a natural extension of what we do right now,” said James Mackey, BlackBerry’s head of corporate development. “We’re very excited about this new offering and we think it is highly complementary and a nice addition to our security portfolio.”
The company says that its new Professional Cybersecurity Services practice will provide:
- “Strategic Security: best practices in IT operation ranging across enterprise mobility management and cloud services.
- Technical Security: technical assistance for infrastructure and product development lifecycle.
- Automotive and IoT Security: security consulting services as the rapid commercialization of IoT solutions makes security and privacy a top priority.
- Detection, Testing and Analysis: threat detection and mitigation penetration testing, vulnerability assessment and incident response analysis. This includes forensic services, business security status via IT health checks, training, regulatory compliance and security breach management through incident response.”