#USA #Cyber Resilience #Norwalk #Privileged Access Management #SDG

SDG Enhances Cybersecurity with Strategic Acquisition

In a significant move to bolster its cybersecurity offerings, SDG, a leader in AI-driven identity, threat, and risk management solutions, has acquired Synergetika, a specialist in Privileged Access Management (PAM). This acquisition not only adds strength to SDG’s ability to deliver comprehensive safeguarding strategies, but also integrates advanced PAM solutions critical for securing sensitive information across various sectors including finance, healthcare, and energy.

Founded in 2018 and headquartered in Toronto, Synergetika has established a robust reputation for assisting organizations in navigating the complexities of PAM. This service is increasingly important in today’s landscape, where privileged access abuse is a leading cause of data breaches. Organizations need to protect their most critical infrastructure more than ever, given the rising tide of cyber threats stemming from both external hackers and insider risks.

Ajay Gupta, the CEO of SDG, emphasized the importance of this acquisition, stating, “(The acquisition of Synergetika) reinforces our mission to deliver the industry's foremost identity security and access management expertise to every client.” This statement outlines SDG’s commitment to ensuring that all its clients have the optimal security measures in place, particularly as businesses evolve into more complex IT environments.

Synergetika's proficient team brings specialized knowledge in PAM strategy and implementation, effectively enhancing SDG’s offerings. They excel in helping companies design and deploy PAM solutions tailored to their unique operating conditions. The expertise from Synergetika aligns well with SDG's existing technology partners like CyberArk, BeyondTrust, and Microsoft, which are essential players in the PAM landscape.

Leon Lukiyanets, the Co-founder and Managing Director of Synergetika, expressed excitement about joining SDG, claiming it will provide the necessary scale and platform to elevate their mission. He notes, “Joining SDG gives us the scale, platform, and shared purpose to elevate that mission and continue helping enterprises build secure, resilient infrastructures.” This partnership aims to ensure that companies not only select the right PAM solution but also deploy it effectively which is pivotal for long-term security and resilience.

Charles Phillips, co-Founder and Managing Partner at Recognize, SDG's majority shareholder, echoed similar sentiments by stating, “The acquisition of Synergetika strengthens SDG’s comprehensive identity and access management offering.” This highlights the strategic importance of PAM solutions in enhancing the overall business value for enterprise clients.

As a result of this acquisition, the Synergetika team will integrate into SDG’s growing identity and access management practice. While the specific financial terms of the transaction remain undisclosed, what is clear is that this move represents a significant opportunity for SDG to expand its expertise in cybersecurity. The added capability in PAM is set to enhance not just their client offering but also significantly improve the industry's standards for security measures.

In summary, this acquisition marks a pivotal moment for SDG as it endeavors to lead the market in ensuring safer digital environments. The synergy between SDG and Synergetika is expected to deliver unmatched support for organizations navigating today's challenging cybersecurity landscape. As businesses continue to adapt to ever-evolving threats and compliance requirements, the importance of robust PAM programs in safeguarding digital assets can’t be overstated. For more information, visit SDG's official site.