KPMG International has been named a Leader in the Forrester Research Inc. report, The Forrester Wave™: Information Security Consulting Services, Q1 2016 achieving the highest score for current offering and strategy (tied).
“KPMG has moved cyber security to the heart of its business,” according to the Forrester Research report authored by Martin Whitworth. “KPMG [International] recently listed cyber security as one of its six strategic growth initiatives... To bolster this commitment the [organization] has increased and deepened its range of services, investing heavily in R&D and acquisitions.”
According to the Forrester report: “[Clients] also identify strategic advice, subject matter expertise, flexibility and adaptability and delivery of commitments as being strengths for KPMG. Larger clients also praise the company’s ownership of the I-4 organization as an excellent peer-to-peer networking opportunity outside of consulting engagements.”
The Forrester report also states that, “KPMG has a clear view of the relevant security issues for business executives and technicians.” This is backed up by the findings of the KPMG Global CEO Outlook survey, a study of 1,200 of global chief executives, which revealed that only half of respondents said they were fully prepared for a future cyber event.
“We are in a constant state of innovation and investment to serve the evolving needs of global business and, not surprisingly, cyber preparedness is one of the most common issues that our member firm clients are grappling with,” said John Veihmeyer, Chairman, KPMG International.“Significant investments have been made, both in terms of acquisitions and recruiting highly talented cyber professionals, to help ensure our clients meet every challenge and capitalize upon every opportunity.”
In the past 16 months, KPMG firms have made five significant cyber acquisitions around the world including First Point Global, a leading identity and Access management (IAM) consultancy operating in Australia; Qubera, also an IAM operating in the USA, UK and India; P3 Consulting, a Frankfurt-based security boutique consultancy; Trusteq Oy, a Finnish business which also specializes in IAM services and security transformation and ZINK Security, a leading intelligence and digital surveillance firm in Spain. In addition, the cyber security leadership has been bolstered by partner hires from competitors, as well as a wide range of internal senior level appointments.
“Cyber security has now moved beyond being just a technology risk to being a key component of business innovation, said Malcolm Marshall, Global Head of Cyber Security, KPMG International. “The 2016 World Economic Forum looked forward to the Fourth Industrial Revolution, encompassing connectivity, robotics and AI. Our ability to enjoy the economic benefits of the fourth revolution depend on how well we learn and apply the gruelling lessons from cyber breaches during the third. Successful organizations understand this. This report is a demonstration that KPMG is a strong choice for businesses that want to thrive and survive in this revolution.”
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KPMG LLP, a UK limited liability partnership, operates from 22 offices across the UK with approximately 12,000 partners and staff. The UK firm recorded a revenue of £1.96 billion in the year ended September 2015. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. It operates in 155 countries and has 174,000 professionals working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. Each KPMG firm is a legally distinct and separate entity and describes itself as such.
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