FORTALEZA,
Brazil
and
NEW
YORK;
Feb.
13,
2023
– Accenture
(NYSE:
ACN) has
acquired Morphus,
a
privately
held
Brazil-based
cyber
defense,
risk
management
and
cyber
threat
intelligence
services
provider,
expanding
its
practice
capabilities
in
Brazil
and
Latin
America.
Financial
terms
were
not
disclosed.
Founded
in
2003,
Morphus
is
headquartered
in Fortaleza, which
is
in
the
Ceará
region
in
northeastern
Brazil,
with
offices
in
Recife,
São
Paulo,
Rio
de
Janeiro
and
Santiago,
Chile.
Morphus’s
end-to-end
portfolio
includes
red
and
blue
team
services;
governance,
risk
and
compliance
services;
enterprise
risk
management;
cyber
strategy;
threat
intelligence;
and
managed
security
services
(MSS).
According
to
Accenture’s
recent
Cyber
Threat
Intelligence
research,
Brazil
is
one
of
the top
victims of
infostealer
malware
–
a
malicious
software
designed
to
steal
victim
information
such
as
passwords.
“Together
with
the
capabilities
and
experienced
leadership
of
Morphus,
we
will
work
as
one
team
to
help
organizations build
a
cyber
resilient
business
and
better
secure
their
digital
core,
their
technology
and
supply
chains,”
said
Paolo
Dal
Cin,
who
leads
Accenture
Security
globally.
“The
acquisition
brings
more
than
230
highly
skilled
professionals,
making
Accenture
one
of
the
largest
cybersecurity
professional
services
providers
in
Brazil. Our
clients
are
always
looking
for
the
best
solutions
to
strengthen
their
cyber
defenses,
and
the
addition
of
Morphus
expands
our
global
research
workforce
and
network
of
talented,
innovative
security
professionals.”
The acquisition
expands
Accenture’s
portfolio
and marks
the
launch
of
a
Cyber
Industry
practice
in
Latin
America
led
by
seasoned
former
CISOs
from
Morphus.
The
new
offerings
also
expand
Accenture’s
position
in
Growth
Markets
in
Morphus’s
primary
industry
groups: communications
media
and
technology,
financial
services, energy,
retail
and
aviation.
Rawlison
Brito,
CEO
of
Morphus,
said:
“We
believe
that
security
and
science
go
hand-in-hand.
With
Accenture,
we
can
continue
our
cyber
threat
research
and
expand
our
advanced
studies
of
cybersecurity
by
collaborating
with
security
research
experts
on
a
global
scale.
We
are
excited
to
join
Accenture
to
offer
our
thought
leadership
and
better
serve
our
clients
by
providing
market-leading
services
and
stronger
cyber
defense
protection
in
Latin
America.”
With
a
strong
footprint
in
Brazil
and
Chile,
the
acquisition
brings
to
Accenture
Morphus
Labs,
a
research
facility
in
Fortaleza
dedicated
to
cybersecurity
studies,
vulnerability
and
threat
analysis
and
MSS. This
will
add
a
new Cyber
Fusion
Center in
Fortaleza
to
Accenture’s
existing
global
network,
which
includes
Morphus’s
cybersecurity
R&D
capabilities.
Andre
Fleury,
Accenture
Security
lead
for
Latin
America,
said:
“The
cybersecurity
team
at
Morphus
will
accelerate
the
growth
of
our
Cyber
Industry
practice
in
the
region,
nearly
doubling
our
security
footprint
in
Brazil.
The
acquisition
complements
our
global
Security
practice
and
will
enable
us
to
help
our
clients
embed
security
by
design
and
enhance
the
offerings
we
provide
across
a
wide
variety
of
industries
in
Latin
America.”
Last
year,
Accenture was
recognized as
a
leader
in
strategic
security
services
and
MSS
in
Brazil
by
ISG.
Since
2015,
Accenture
Security
has
made
16
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
through
the
acquisition
of
Brazil-based Real
Protect,
and
European
cyber
companies Sentor and Openminded in
2021.
Forward-Looking
Statements
Except
for
the
historical
information
and
discussions
contained
herein,
statements
in
this
news
release
may
constitute
forward-looking
statements
within
the
meaning
of
the
Private
Securities
Litigation
Reform
Act
of
1995.
Words
such
as
“may,”
“will,”
“should,”
“likely,”
“anticipates,”
“aspires,”
“expects,”
“intends,”
“plans,”
“projects,”
“believes,”
“estimates,”
“positioned,”
“outlook,”
“goal,”
“target”
and
similar
expressions
are
used
to
identify
these
forward-looking
statements.
These
statements are
not
guarantees
of
future
performance
nor
promises
that
goals
or
targets
will
be
met,
and involve
a
number
of
risks,
uncertainties
and
other
factors
that
are
difficult
to
predict
and
could
cause
actual
results
to
differ
materially
from
those
expressed
or
implied.
These
risks
include,
without
limitation,
risks
that:
the
transaction
might
not
achieve
the
anticipated
benefits
for
Accenture;
Accenture’s
results
of
operations
have
been,
and
may
in
the
future
be,
adversely
affected
by
volatile,
negative
or
uncertain
economic
and
political
conditions
and
the
effects
of
these
conditions
on
the
company’s
clients’
businesses
and
levels
of
business
activity;
Accenture’s
business
depends
on
generating
and
maintaining
client
demand
for
the
company’s
services
and
solutions
including
through
the
adaptation
and
expansion
of
its
services
and
solutions
in
response
to
ongoing
changes
in
technology
and
offerings,
and
a
significant
reduction
in
such
demand
or
an
inability
to
respond
to
the
evolving
technological
environment
could
materially
affect
the
company’s
results
of
operations;
if
Accenture
is
unable
to
match
people
and
their
skills
with
client
demand
around
the
world
and
attract
and
retain
professionals
with
strong
leadership
skills,
the
company’s
business,
the
utilization
rate
of
the
company’s
professionals
and
the
company’s
results
of
operations
may
be
materially
adversely
affected;
Accenture
faces
legal,
reputational
and
financial
risks
from
any
failure
to
protect
client
and/or
company
data
from
security
incidents
or
cyberattacks;
the
markets
in
which
Accenture
operates
are
highly
competitive,
and
Accenture
might
not
be
able
to
compete
effectively;
Accenture’s
ability
to
attract
and
retain
business
and
employees
may
depend
on
its
reputation
in
the
marketplace;
Accenture’s
environmental,
social
and
governance
(ESG)
commitments
and
disclosures
may
expose
it
to
reputational
risks
and
legal
liability;
if
Accenture
does
not
successfully
manage
and
develop
its
relationships
with
key
ecosystem
partners
or
fails
to
anticipate
and
establish
new
alliances
in
new
technologies,
the
company’s
results
of
operations
could
be
adversely
affected;
Accenture’s
profitability
could
materially
suffer
if
the
company
is
unable
to
obtain
favorable
pricing
for
its
services
and
solutions,
if
the
company
is
unable
to
remain
competitive,
if
its
cost-management
strategies
are
unsuccessful
or
if
it
experiences
delivery
inefficiencies
or
fail
to
satisfy
certain
agreed-upon
targets
or
specific
service
levels;
changes
in
Accenture’s
level
of
taxes,
as
well
as
audits,
investigations
and
tax
proceedings,
or
changes
in
tax
laws
or
in
their
interpretation
or
enforcement,
could
have
a
material
adverse
effect
on
the
company’s
effective
tax
rate,
results
of
operations,
cash
flows
and
financial
condition;
Accenture’s
results
of
operations
could
be
materially
adversely
affected
by
fluctuations
in
foreign
currency
exchange
rates;
changes
to
accounting
standards
or
in
the
estimates
and
assumptions
Accenture
makes
in
connection
with
the
preparation
of
its
consolidated
financial
statements
could
adversely
affect
its
financial
results;
as
a
result
of
Accenture’s
geographically
diverse
operations
and
strategy
to
continue
to
grow
in
key
markets
around
the
world,
the
company
is
more
susceptible
to
certain
risks;
if
Accenture
is
unable
to
manage
the
organizational
challenges
associated
with
its
size,
the
company
might
be
unable
to
achieve
its
business
objectives;
Accenture
might
not
be
successful
at
acquiring,
investing
in
or
integrating
businesses,
entering
into
joint
ventures
or
divesting
businesses;
Accenture’s
business
could
be
materially
adversely
affected
if
the
company
incurs
legal
liability;
Accenture’s
global
operations
expose
the
company
to
numerous
and
sometimes
conflicting
legal
and
regulatory
requirements;
Accenture’s
work
with
government
clients
exposes
the
company
to
additional
risks
inherent
in
the
government
contracting
environment;
if
Accenture
is
unable
to
protect
or
enforce
its
intellectual
property
rights
or
if
Accenture’s
services
or
solutions
infringe
upon
the
intellectual
property
rights
of
others
or
the
company
loses
its
ability
to
utilize
the
intellectual
property
of
others,
its
business
could
be
adversely
affected;
Accenture
may
be
subject
to
criticism
and
negative
publicity
related
to
its
incorporation
in
Ireland;
as
well
as
the
risks,
uncertainties
and
other
factors
discussed
under
the
“Risk
Factors”
heading
in
Accenture
plc’s
most
recent
Annual
Report
on
Form
10-K
and
other
documents
filed
with
or
furnished
to
the
Securities
and
Exchange
Commission.
Statements
in
this
news
release
speak
only
as
of
the
date
they
were
made,
and
Accenture
undertakes
no
duty
to
update
any
forward-looking
statements
made
in
this
news
release
or
to
conform
such
statements
to
actual
results
or
changes
in
Accenture’s
expectations.
About
Accenture
Accenture
is
a
leading
global
professional
services
company
that
helps
the
world’s
leading
businesses,
governments
and
other
organizations
build
their
digital
core,
optimize
their
operations,
accelerate
revenue
growth
and
enhance
citizen
services—creating
tangible
value
at
speed
and
scale.
We
are
a
talent
and
innovation
led
company
with
738,000
people
serving
clients
in
more
than
120
countries.
Technology
is
at
the
core
of
change
today,
and
we
are
one
of
the
world’s
leaders
in
helping
drive
that
change,
with
strong
ecosystem
relationships.
We
combine
our
strength
in
technology
with
unmatched
industry
experience,
functional
expertise
and
global
delivery
capability.
We
are
uniquely
able
to
deliver
tangible
outcomes
because
of
our
broad
range
of
services,
solutions
and
assets
across
Strategy
&
Consulting,
Technology,
Operations,
Industry
X
and
Accenture
Song.
These
capabilities,
together
with
our
culture
of
shared
success
and
commitment
to
creating
360°
value,
enable
us
to
help
our
clients
succeed
and
build
trusted,
lasting
relationships.
We
measure
our
success
by
the
360°
value
we
create
for
our
clients,
each
other,
our
shareholders,
partners
and
communities.
Visit
us
at www.accenture.com.
Accenture
Security is
a
leading
provider
of
end-to-end
cybersecurity
services,
including
advanced
cyber
defense,
applied
cybersecurity
solutions
and
managed
security
operations.
We
bring
security
innovation,
coupled
with
global
scale
and
a
worldwide
delivery
capability
through
our
network
of
Advanced
Technology
and
Intelligent
Operations
centers.
Helped
by
our
team
of
highly
skilled
professionals,
we
enable
clients
to
innovate
safely,
build
cyber
resilience
and
grow
with
confidence.
Follow
us @AccentureSecure on
Twitter, LinkedIn or
visit
us
at accenture.com/security.
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