Accenture Invests in Cloud Data Security Provider Symmetry Systems

Accenture has made a strategic investment, through Accenture Ventures, in Symmetry Systems, a San Francisco-based provider of data store and object-level security (DSOS) solutions that give organizations visibility into, and unified access control of, their most valuable data assets.

Symmetry Systems applies machine learning to help companies better understand and protect their large fleets of data stores and applications. Its flagship solution, DataGuard, provides granular visibility across all data stores while integrating cleanly into modern security analytics platforms. It can provide security teams with auditing and compliance reports, security alerts for potentially malicious activity and breaches, and identity-and-access-management and security policies.

“Data no longer resides in physical data centers, as more and more organizations have moved their workloads and applications to the cloud,” said Rex Thexton, who leads Accenture Security’s applied cybersecurity services globally. “In this environment, businesses of all sizes continue to wrestle with how to keep themselves secure. Our strategic investment in Symmetry Systems will enhance Accenture’s ability to provide clients with a better way to see who is accessing what in their secure cloud environment.”

Mohit Tiwari, Symmetry Systems CEO and co-founder, said, “Today’s large organizations are custodians of millions of users’ most valued data, and our first priority is to help protect that at its source, giving organizations more granular control. Accenture’s investment will enable us to bring the best of our combined skills and capabilities to help clients keep their environments secure.”

Accenture’s backing of Symmetry Systems follows several other investments that Accenture has made in cybersecurity and intelligence companies, including Prevailion, Quantexa, Team 8, Endgame and Claroty.

Terms of the investment were not disclosed.

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