Telefonica Tech reinforces its cybersecurity consulting capabilities with the acquisition of Govertis .
The two companies have been working together since 2012, maintaining a strategic partnership that materialised in 2018 with an investment in Govertis by Wayra,
With this purchase, ElevenPaths is positioned as a leader in specialised consulting in cybersecurity and information security, privacy, risk, regulatory compliance, business continuity and cyber-resilience, complementary capabilities to its consolidated offer in the integration and management of security services.
Telefonica Tech is pursuing its organic and inorganic growth strategy with the aim of reinforcing its leadership in cybersecurity in the countries in which
ElevenPaths, Telefonica Tech's cybersecurity company, today announced the acquisition of Govertis, a firm specialising in GRC (Governance, Risk and Compliance), IRM (Integrated Risk Management), regulatory compliance, business continuity and cyber-resilience.
The cooperation with ElevenPaths began in 2012 and it became more firmly established with
'One of our goals is to constantly identify opportunities for cooperation and investment in prominent cybersecurity start-ups. Relying on Wayra enables us to remain close to entrepreneurial talent, reinforce our innovative capabilities and expand our range of services to our customers', declared
Govertis is a leading cybersecurity consulting firm that specialises solely in GRC (Governance, Risk and Compliance) and IRM (electronic digital asset management), offering a comprehensive solution that unifies the legal and technological aspects of cybersecurity. The activity of its founding partners (Eduard Chaveli and
'This is the natural next step in a long-standing strategic relationship which, at this decisive moment of the digital transformation, when companies and the public sector need to be more resilient, is going to catapult us towards contributing to the growth of the GRC and IRM services and positioning Telefonica Tech as one of the most significant actors in cybersecurity, privacy and cyber- resilience strategy and management globally', declared Eduard Chaveli and
'This operation provides an excellent example of how Wayra, as
The purchase of Govertis comes together with Telefonica Tech's ongoing investments in security in terms of the development of proprietary solutions, technological deployments in its global SOCs network and purchases and investments in start-ups.
As part of Telefonica Tech, its organic and inorganic cybersecurity capabilities will continue to increase in the coming months in order to strengthen the company's position as a leader in the security sector in the countries in which
About ElevenPaths
At ElevenPaths, we believe that a safer digital world is possible. We support our customers with their digital transformation, creating disruptive innovation in cybersecurity in order to provide the necessary privacy and trust in our daily digital lives.
We combine the freshness and energy of a start-up with the knowledge, power and strength of a global Telco to provide innovative solutions spanning across prevention, detection and response to daily threats in our digital world.
We also work to ensure a safer digital environment through strategic alliances that allow us to enhance our customers' security, as well as through collaborations with leading bodies and entities such as the
More information:
elevenpaths.com
@ElevenPaths
blog.elevenpaths.com
About Govertis
GOVERTIS is the biggest Advisory firm 100% specialized in GRC (IT Governance, Risk and Compliance) and IRM (Integrated Risk Management), including expert services in Cybersecurity, Privacy, Cyber-resiliency and Business Continuity strategic and tactical consulting.
Our differentiated approach allows companies to unify the legal and technological perspectives, offering customers an integrated solution, including both legal and technical profiles, fulfilling their needs in strategic planning and management of Cybersecurity, Privacy, Cyber-resiliency, IT Governance, Operational Technologies and industrial systems, Risk Management and IT Compliance in multiple sectors like finance, industry and manufacturing, services, logistics, technology and state and local government.
Our project management practice provides customers with an expert solution, with a level of Seniority higher than the industry average, in both individual projects and also in services with teams integrated in customer's processes, including those related with the management of Cybersecurity, Privacy, Cyber-resiliency and Business Continuity.
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