KPMG forms cybersecurity alliance with Cylance

Cylance, a cybersecurity company leveraging AI and machine learning to provide threat prevention, has formed an alliance with KPMG.

KPMG’s Cyber Security Services practice guides enterprises through governance, organisational transformation, cyber defense and incident response. Cylance will add advanced AI-enabled endpoint security technology to KPMG’s portfolio of security strategy and roadmap services.

KPMG professionals will leverage Cylance’s ThreatZERO services to assess enterprise environments to strategically deploy Cylance’s solutions.

The combination of KPMG and Cylance’s services and technologies will help companies with endpoint protection and threat prevention, rapid incident response, compromise assessments, cyber due diligence, third party risk assessments, and managed response services.

It will also help companies with General Data Protection Regulation compliance by helping to ensure the integrity and confidentiality of sensitive data through continuous monitoring.

“As a trusted advisor to the world’s leading organizations, KPMG is helping companies to safely grow their businesses,” said Stuart McClure, chairman and chief executive officer of Cylance. “Cylance’s AI-powered threat prevention technology and services complements the deep industry knowledge of KPMG’s professionals, helping clients solve business challenges while proactively protecting their systems and sensitive data from known and unknown threats.”

Founded in 2012, Cylance is an endpoint protection platform designed to thwart malware, ransomware, and other forms of advanced threats using AI.

It applies artificial intelligence and machine learning to all cybersecurity attacks to prevent the most advanced security threats in the world. Using a predictive process, CylancePROTECT quickly and accurately identifies what is benign and what is a threat, and prevents malicious code from ever executing on a targeted system. The cybersecurity business recently raised $120m in a funding round led by Blackstone Tactical Opportunities.

Cylance now plans to bolster its sales, marketing and development efforts, further expand its global footprint across Europe, the Middle East, and Asia Pacific, and extend its breadth of product offerings.

Copyright © 2018 RegTech Analyst

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