Skip to content
Search AI Powered

Latest Stories

Accenture acquires cybersecurity company

Consulting firm adds Sweden-based cyber defense and managed security firm Sentor to its Accenture Security business.

cyber-security-3194286_640.jpg

Multi-national consulting firm Accenture has expanded its security business with the acquisition of Sweden-based Sentor, a provider of cyber defense and managed security, the company said Tuesday. Terms of the deal were not disclosed.


Sentor will become part of Accenture Security, which provides end-to-end cybersecurity services, including advanced cyber defense, applied cybersecurity solutions, and managed security operations, the companies said. Sentor’s portfolio includes advisory services, security testing, managed detection, and incident-response capabilities, all powered by a 24/7/365 security operations center in Stockholm. Its client base spans multiple industries, including finance, insurance, manufacturing, and retail.

Sentor is based in Stockholm, with additional offices in Gӓvle and Malmӧ, Sweden. Its roughly 80 cybersecurity professionals will join Accenture Security in Sweden, extending Accenture’s local resources and capabilities and addressing the growing demand for local cybersecurity and managed security services, according to the companies.

“With the daily barrage of cyberattacks, it’s time for organizations to take a new view on managing cyber risks,” Kelly Bissell, who leads Accenture Security globally, said in a statement. “Securing a business ecosystem can’t be piecemeal; it takes the right talent, investments, and technology know-how. The acquisition of Sentor further expands our ability to help clients match this challenging cybersecurity environment. We are excited about what we can achieve together to help organizations in Sweden become more resilient.”

The move illustrates the growing importance of cybersecurity across the supply chain and follows a host of recent acquisitions focused on developing Accenture’s data, digital, and engineering capabilities.

Recent

More Stories

AI image of a dinosaur in teacup

The new "Amazon Nova" AI tools can use basic prompts--like "a dinosaur sitting in a teacup"--to create outputs in text, images, or video.

Amazon to release new generation of AI models in 2025

Logistics and e-commerce giant Amazon says it will release a new collection of AI tools in 2025 that could “simplify the lives of shoppers, sellers, advertisers, enterprises, and everyone in between.”

Benefits for Amazon's customers--who include marketplace retailers and logistics services customers, as well as companies who use its Amazon Web Services (AWS) platform and the e-commerce shoppers who buy goods on the website--will include generative AI (Gen AI) solutions that offer real-world value, the company said.

Keep ReadingShow less

Featured

Logistics economy continues on solid footing
Logistics Managers' Index

Logistics economy continues on solid footing

Economic activity in the logistics industry expanded in November, continuing a steady growth pattern that began earlier this year and signaling a return to seasonality after several years of fluctuating conditions, according to the latest Logistics Managers’ Index report (LMI), released today.

The November LMI registered 58.4, down slightly from October’s reading of 58.9, which was the highest level in two years. The LMI is a monthly gauge of business conditions across warehousing and logistics markets; a reading above 50 indicates growth and a reading below 50 indicates contraction.

Keep ReadingShow less
iceberg drawing to represent threats

GEP: six factors could change calm to storm in 2025

The current year is ending on a calm note for the logistics sector, but 2025 is on pace to be an era of rapid transformation, due to six driving forces that will shape procurement and supply chains in coming months, according to a forecast from New Jersey-based supply chain software provider GEP.

"After several years of mitigating inflation, disruption, supply shocks, conflicts, and uncertainty, we are currently in a relative period of calm," John Paitek, vice president, GEP, said in a release. "But it is very much the calm before the coming storm. This report provides procurement and supply chain leaders with a prescriptive guide to weathering the gale force headwinds of protectionism, tariffs, trade wars, regulatory pressures, uncertainty, and the AI revolution that we will face in 2025."

Keep ReadingShow less
chart of top business concerns from descartes

Descartes: businesses say top concern is tariff hikes

Business leaders at companies of every size say that rising tariffs and trade barriers are the most significant global trade challenge facing logistics and supply chain leaders today, according to a survey from supply chain software provider Descartes.

Specifically, 48% of respondents identified rising tariffs and trade barriers as their top concern, followed by supply chain disruptions at 45% and geopolitical instability at 41%. Moreover, tariffs and trade barriers ranked as the priority issue regardless of company size, as respondents at companies with less than 250 employees, 251-500, 501-1,000, 1,001-50,000 and 50,000+ employees all cited it as the most significant issue they are currently facing.

Keep ReadingShow less
photo of worker at port tracking containers

Trump tariff threat strains logistics businesses

Freight transportation providers and maritime port operators are bracing for rough business impacts if the incoming Trump Administration follows through on its pledge to impose a 25% tariff on Mexico and Canada and an additional 10% tariff on China, analysts say.

Industry contacts say they fear that such heavy fees could prompt importers to “pull forward” a massive surge of goods before the new administration is seated on January 20, and then quickly cut back again once the hefty new fees are instituted, according to a report from TD Cowen.

Keep ReadingShow less