Crowe delves deeper into cybersecurity services

23 April 2019 Consulting.us

Accounting and consulting firm Crowe launched a managed detection and response services offering earlier this year, further expanding their cybersecurity practice.

CEOs and executives routinely list cybersecurity as one of their top concerns in annual C-suite surveys. As operations become increasingly digitized, firms open themselves up to more cyberthreat avenues. A critical data breach has the real potential to cripple an organization’s operations, crush profits, and irreparably damage a brand. It’s a risk worth protecting against.

Consulting firms are continually monitoring client demand, and expanding services where the bigger profits lie. When the big accounting firms saw that there was room for more players in management consulting, they moved into the space. Today, the consulting slice of the revenue pie at the Big Four continues to grow, driven by the digital services that the heavy hitters keep boosting.

Crowe delves deeper into cybersecurity services

Because of the rapid change in emphasis to digital and emerging tech consulting, firms want to really project themselves as tech-savvy or out-and-out tech firms. BCG, for example, recently rebranded in order to push the fact that it is a supremely digital consultancy. Crowe, once strictly an accounting firm, has expanded its professional services offerings over more than half a century of operation – and now bills itself as an “accounting, consulting and technology firm.”

Last year, Crowe launched its own Security Intelligence Center, which provides a digital security operations platform for small and midmarket companies. 2018 also saw the firm launch a digital risk collaboration program with Purdue University, while also being named a “challenger” in ALM’s analysis of the Cybersecurity Consulting Provider market.

Earlier this year, Crowe expanded its cybersecurity offering with the launch of managed detection and response services. The outsourcing offering boasts 24/7 detection and response coverage, overseen by a team of cyber experts and analysts. According to Crowe, the managed service helps companies “reduce the burden of finding the right talent” while allowing them to “build a stronger, more resilient security program to effectively monitor and quickly respond to digital threats.”

The offering fits into a wider platform of cybersecurity services at Crowe, including strategy, solution implementation, and attack and penetration testing.

C. Glen Combs, a risk consulting partner at the firm, commented, "At Crowe, our digital risk team uses speed and knowledge to rapidly detect critical security issues so our clients can focus on the most pressing matters and address them quickly. This approach reduces the risk and likelihood of significant business interruption."

Crowe is the US member firm of Crowe Global, one of the largest global accounting and consulting networks. The network has over 36,000 employees, and $4.3 billion in annual revenue.


Profile

More news on

×