KPMG has completed the acquisition of P3, a privately-owned German
cyber-security firm. The firm provides risk management, security
assessments and mobile & fixed network protection to clients across
the financial services sector.
The acquisition brings a boost
to KPMG's German Cyber Security practice, adding up to four partners and
100 staff. The P3 acquisition follows KPMG's recent purchase of the UK,
US and Indian assets of Qubera Solutions, a leading Identity and Access
Management consultancy.
Malcolm Marshall, global leader of
KPMG's cyber security practice, says: "cyber security is one of the
greatest risks facing business today. Building on our already strong
position in Germany makes us more able to protect our clients in the
world's fourth largest economy and globally. By bringing the expertise
of P3 together with our German and global teams, we are in an even
stronger position to help clients tackle and mitigate the threats they
face."
Hans-Peter Fischer, senior executive at p3, adds: "The
integration into the global KPMG network raises our offering to a new
level. We now have the opportunity to offer our customers even more
comprehensive solutions to the cyber security concerns they face and
look forward to helping them manage their risks on an international
platform."
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