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Abacus Group Acquires Entara to Bolster Cybersecurity Offering
- Abacus Group has acquired Entara, a Chicago-based managed services provider specializing in financial services sector.
- The acquisition aims to enhance Abacus Group's cybersecurity, professional services, and digital infrastructure offerings.
- Abacus Group plans to extend Entara's incident response capabilities to its clients and bring AI-driven ServiceNow platform for improved service experience.
- The merger enables global expansion of managed IT and cybersecurity services through the abacusFlex platform.
- This combination benefits clients of all sizes, offering premium and compliant services to financial managers and multinational organizations.
- Entara's founder mentioned the merger creates a unique provider in the cybersecurity landscape by scaling service levels without losing personal attention.
- Cybersecurity company Cerby emphasized the importance of secure digital identities in the era of AI.
- Cerby focuses on securing nonstandard applications that are often neglected by traditional identity platforms.
- These applications, not easily integrated with modern identity standards, can be vulnerable to exploitation by bad actors.
- Cerby engages with security teams and line-of-business owners to address unique security dynamics.
- The news was originally reported by PYMNTS.com.
- The acquisition of Entara by Abacus Group is set to bolster Abacus Group's cybersecurity offerings.
- The merger will provide enhanced incident response capabilities and AI-driven services to clients.
- The collaboration aims to deliver premium and regulatory-compliant services to financial managers and multinational organizations.
- The merger aims to scale services from high-touch boutique levels to enterprise-grade global operations.
- Entara's specialized incident response capabilities will strengthen Abacus Group's cybersecurity defenses.
- The news highlights the growing importance of cybersecurity in the financial services sector.
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