Joint offering increases observability and
identification of key cyber risks to enterprise data
Accenture (NYSE: ACN) and SandboxAQ are expanding their
partnership to address the critical need for enterprise data
encryption that can defend against current data breaches, as well
as future AI and quantum threats. Together, Accenture and SandboxAQ
are helping organizations secure sensitive data and strengthen
encryption across their technology portfolios. The joint offering
will also provide observability across environments to help
increase enterprise resilience and lower impact from third party
risks.
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Accenture and SandboxAQ are expanding
their partnership to address the critical need for enterprise data
encryption that can defend against current data breaches, as well
as future AI and quantum threats. (Graphic: Business Wire)
More than half (52%) of CEOs consider the accelerated pace of
technology innovation a top risk for cyberattacks, with 86% rating
cyber trust and resilience in emerging technologies like generative
AI and quantum computing as highly relevant for their
organizations, according to research from Accenture.
The research serves as a reminder that strong cryptography
management, requiring the latest algorithms to protect systems,
processes and data is a foundational pillar to defending against
evolving cyber threats. As part of an ongoing commitment to
cryptographic excellence, Accenture is introducing a new Encryption
Risk Assessment service, integrated with SandboxAQ’s AQtive Guard.
The service provides clients with deep visibility into risks caused
by weak cryptography before these risks have a chance to impact
critical data across networks, file systems, and cloud
applications.
“The prevalence of generative AI, as well as expected new global
post-quantum encryption standards, makes data protection absolutely
critical to safeguarding confidential business information and data
used to train AI foundational models or used in AI applications,”
said Paolo Dal Cin, global lead of Accenture Security. “The reality
is that malicious actors are stealing sensitive data now, with the
intention of decrypting it later using quantum computers that can
break many current encryption methods. Our assessment service
enables clients to see potential risks to their data and upgrade
encryption to increase protection against ransomware, data theft
and manipulation campaigns, and to prepare for future risks from
quantum computing. Companies that assess their data encryption
level now will be more protected against current attacks and better
prepared to mitigate future risks.”
The service can identify risks across important areas including
the existence of cryptographic assets such as digital certificates
or cryptographic keys, and usage of cryptographic algorithms, both
symmetric and public key, as well as any other cryptographic
constructions such as hash functions, for a comprehensive view of
cryptography use throughout the enterprise. When combined with data
security and privacy policies along with governance, risk and
compliance guidelines, the assessment delivers prioritized
recommendations for remediation action, enabling businesses to act
with urgency and agility to protect their overall infrastructure
against the most advanced and sophisticated threats, and in their
transition to post-quantum technology.
“Our continued collaboration with Accenture will help our
largest global 1000 clients defend themselves against advanced
AI-driven cybersecurity attacks, protecting their most sensitive
data today and tomorrow,” said Jack Hidary, CEO of SandboxAQ. “As
we help clients discover data that’s vulnerable to current and
future attacks, there are many benefits from enhancing their
cryptography defenses. The recent global outage from just one
software update highlights the need to increase observability
across the enterprise.”
To learn more about Accenture’s data protection and quantum
security services visit us here.
Forward-Looking Statements
Except for the historical information and discussions contained
herein, statements in this news release may constitute
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Words such as “may,”
“will,” “should,” “likely,” “anticipates,” “aspires,” “expects,”
“intends,” “plans,” “projects,” “believes,” “estimates,”
“positioned,” “outlook,” “goal,” “target” and similar expressions
are used to identify these forward-looking statements. These
statements are not guarantees of future performance nor promises
that goals or targets will be met, and involve a number of risks,
uncertainties and other factors that are difficult to predict and
could cause actual results to differ materially from those
expressed or implied. These risks include, without limitation, that
the partnership might not achieve the anticipated benefits for
Accenture, as well as the risks, uncertainties and other factors
discussed under the “Risk Factors” heading in Accenture plc’s most
recent Annual Report on Form 10-K and other documents filed with or
furnished to the Securities and Exchange Commission. Statements in
this news release speak only as of the date they were made, and
Accenture undertakes no duty to update any forward-looking
statements made in this news release or to conform such statements
to actual results or changes in Accenture’s expectations.
About Accenture
Accenture is a leading global professional services company that
helps the world’s leading businesses, governments and other
organizations build their digital core, optimize their operations,
accelerate revenue growth and enhance citizen services—creating
tangible value at speed and scale. We are a talent- and
innovation-led company with approximately 750,000 people serving
clients in more than 120 countries. Technology is at the core of
change today, and we are one of the world’s leaders in helping
drive that change, with strong ecosystem relationships. We combine
our strength in technology and leadership in cloud, data and AI
with unmatched industry experience, functional expertise and global
delivery capability. We are uniquely able to deliver tangible
outcomes because of our broad range of services, solutions and
assets across Strategy & Consulting, Technology, Operations,
Industry X and Song. These capabilities, together with our culture
of shared success and commitment to creating 360° value, enable us
to help our clients reinvent and build trusted, lasting
relationships. We measure our success by the 360° value we create
for our clients, each other, our shareholders, partners and
communities. Visit us at www.accenture.com.
Accenture Security is a leading provider of end-to-end
cybersecurity services, including strategy, protection, resilience
and industry-specific cyber services. We bring security innovation,
coupled with global scale and a worldwide delivery capability
through our network of Cyber Fusion Centers. Helped by our team of
23,000 highly skilled professionals, we enable clients to innovate
safely, build cyber resilience and grow with confidence. Visit us
at accenture.com/security.
About SandboxAQ
SandboxAQ is a B2B company delivering AI solutions that address
some of the world's greatest challenges. The company’s Large
Quantitative Models (LQMs) deliver critical advances in life
sciences, financial services, navigation, cyber and other sectors.
The company emerged from Alphabet Inc. as an independent, growth
capital-backed company in 2022, funded by leading investors
including T. Rowe Price, Eric Schmidt, Breyer Capital, Guggenheim
Partners, Marc Benioff, Thomas Tull, Paladin Capital Group, and
others. For more information, visit https://www.sandboxaq.com.
Copyright © 2024 Accenture. All rights reserved. Accenture and
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Alison Geib Accenture +1 703 947 4404
alison.geib@accenture.com
Denise Berard Accenture +1 617 488 3611
denise.berard@accenture.com
Tila Pacheco Eskenzi PR +1 714 742 2698 tila@eskenzipr.com
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