Accenture has just acquired MNEMO Mexico, a mid-size company with a wide client-base specializing in managed cybersecurity services, for an undisclosed amount.
Founded in Mexico City in 2012, MNEMO Mexico has 229 cybersecurity professionals and 180 cybersecurity industry certifications with key ecosystem partners. The company’s portfolio includes advanced cyber defense and response capabilities, a cyber intelligence platform powered by generative AI and other advanced technologies and a 24/7/365 security operations center in Mexico City. Its client base spans multiple industries, including telecommunications, banking and insurance.
“The combination of MNEMO Mexico’s managed cybersecurity services, extensive industry expertise and strong client base makes them an ideal partner to complement our existing capabilities. The addition of MNEMO Mexico’s team will help us grow our business in Mexico, expand our presence in Latin America and support our North America business,” said Paolo Dal Cin, who leads Accenture Security globally. “Together, we will help organizations build more cyber-resilient businesses and secure their digital cores, technologies and supply chains.”
Post this acquisition, MNEMO Mexico’s cybersecurity professionals will join Accenture Security’s workforce, which comprose of more than 19,500 professionals globally, extending Accenture’s local resources and capabilities in Mexico / Latin America while addressing the growing regional demand for managed security services.
“The constantly shifting digital world is both a source of opportunity and risk, making it essential to have a well-trained and proficient cybersecurity team,” said Julian Garrido, General Director of MNEMO Mexico. “For more than 20 years our clients have counted on us to safeguard them against destructive cyberattacks. We are excited to join Accenture Security so we can collaborate across industries to help clients in Mexico and around the world build a secure future.”
Mexico consistently ranks among the top countries in Latin America hardest hit by cyberattacks. Additionally, a report in collaboration with the World Economic Forum’s Global Cybersecurity Outlook 2023 and Accenture revealed that 59% of business leaders and 64% of cyber leaders ranked talent recruitment and retention as a key challenge for managing cyber resilience. And less than half of respondents reported having the people and skills needed today to respond to cyberattacks.
Since 2015, Accenture Security has made 17 acquisitions. Following its January 2020 acquisition of Symantec’s Cyber Security Services business, Accenture became one of the leading global providers of MSS. Accenture further strengthened its cyber defense and MSS capabilities in Latin America through the acquisition of Brazil-based Morphus earlier this year and its 2021 acquisition of Real Protect.
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