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Cipherpoint Ltd completes 100% acquisition of Brace168 Pty Ltd
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Cipherpoint Ltd signs strategic agreement with Israel-based attack-simulation platform provider XM Cyber
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Cipherpoint Ltd focused on delivering unique protection solutions to new customers and markets
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The acquisition bolsters Cipherpoint’s security offering and helps the company compete more aggressively in the market.
Founded in 2017, Brace168 specialises in managed detection and response services to medium to large-scale businesses and enterprises. It also features a scalable Security Operations Centre (SOC) aligned with ISO27001 and Crest accreditations, as well as approval from NSW Government panels.
Brace168’s platform is built to work seamlessly across business and enterprise environments as well as government agencies. Some customers include financial services, property, manufacturing, technology and health sectors.
“The Cipherpoint team is excited that the founders of Brace168 will be joining us on the journey to offer best of breed solutions to the business and enterprise market both locally and internationally,” Cipherpoint chairman Ted Pretty said.