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Tuesday, 04 June 2019 11:15

Ernst & Young chooses Melbourne for biggest Asia-Pac cyber security centre

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Richard Watson: "The new centre will play an important role to reaffirm EY’s leading position in helping organisations mitigate cyber risks and strengthen cyber resilience.” Richard Watson: "The new centre will play an important role to reaffirm EY’s leading position in helping organisations mitigate cyber risks and strengthen cyber resilience.” Courtesy Ernst & Young

Ernst & Young, better known for its accounting prowess, has chosen Melbourne for its biggest cyber security centre in the Asia-Pacific region.

A statement from the company said the 2508-square-foot facility was the latest addition to its network of such centres across the globe.

The Melbourne centre will have 40 cyber security professionals across multiple risk and threat disciplines. It is part of the EY global network that bring together cyber security and managed service professionals to work together.

The company said it would have a purpose-built "purple team" facility, combining the skills of the usual red (offence) and blue (defence) teams that are common in such outfits.

The EY centre will also be able to:

  • Improve client security operations through automated services to clients that are supported by Intelligent Automation. Examples include triaged incident response services and threat protection and virtual hunting capabilities.
  • Round-the-clock managed services in a secure and controlled environment whereby an integrated team of EY consultants and cyber security teams on- and off-shore perform round-the-clock operations while keeping data onshore in Australia.

“The EY investment in cyber security-as-a-service offerings has been accelerated across Asia-Pacific with the opening of this cyber security centre in Melbourne because the region is at the heart of a wave of global growth fuelled by innovation and technology advancement,” said Richard Watson, EY Asia-Pacific Cyber Security leader.

“We see increasing demands from Asia -Pacific clients in the financial services, TMT, industrial, utilities, healthcare, consumer and retail goods sectors, as well as demands from governments across the region who are looking to optimise their cyber security operations as they continue to grow in Asia.

"The new centre will play an important role to reaffirm EY’s leading position in helping organisations mitigate cyber risks and strengthen cyber resilience.”

Watson said increasingly, organisations in Asia-Pacific were driving the world’s most exciting innovations and digital initiatives that would transform businesses, and ultimately society, to deliver great efficiencies and benefits.

"However, innovation comes with risk, especially cyber-threats that are ever-changing," he added. "The centre in Melbourne increases the abilities of EY services to solve complex cyber security challenges and resource shortage, whereby Asia-Pacific businesses can access EY knowledge to create innovative and customised services as they move towards a digital business model.

"By leveraging the teams of EY professionals, we able to monitor and assess cyber-threats specific to client’s business, helping clients to swiftly and effectively mitigate risk and strengthen businesses cyber resilience.”

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Sam Varghese

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Sam Varghese has been writing for iTWire since 2006, a year after the site came into existence. For nearly a decade thereafter, he wrote mostly about free and open source software, based on his own use of this genre of software. Since May 2016, he has been writing across many areas of technology. He has been a journalist for nearly 40 years in India (Indian Express and Deccan Herald), the UAE (Khaleej Times) and Australia (Daily Commercial News (now defunct) and The Age). His personal blog is titled Irregular Expression.

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