Abacus Group has picked up Gotham Security and its parent company, GoVanguard.
Abacus wants to run Gotham Security as a subsidiary as part of its cunning plan to become a managed security services provider (MSSP).
The firm has an established reputation as a managed services provider to alternative investment firms with the ability to deliver security but wants to take that further.
Gotham can handle penetration testing, red teaming, tabletop exercises, risk and compliance gap assessments, and threat-hunting services for Abacus.
Abacus Group CEO Chris Grandi said: “It’s fantastic to now join forces and take further strides in our own expansion from MSP to MSSP. Abacus Group has always been committed to keeping our clients safe and secure, especially as the security and regulatory landscape continues to evolve in line with escalating cyber threats. Therefore, we are thrilled to be able to expand our cyber security capabilities and provide the full suite of services offered by Gotham Security to our customers and investors.”
The current Gotham leadership team will remain with the decade-old business with a brief to extend their reach to the existing Abacus customer base.
Christian Scott, chief operating officer, chief information security officer and partner at Gotham Security, said it had a good knowledge of Abacus and that it would continue to focus on protecting customers from cyber threats.