Optic Security Group has been launched through a merger of six entities with combined revenues in excess of $100 million. The new company, which will operate across New Zealand and Australia, brings together the combined capability and expertise of industry-leading security businesses to form ANZ’s largest independent and most technically advanced physical, IT and information security group. The newly formed entity brings together physical security company Fortlock which recently acquired IT experts Comsmart, Circuit Systems and SSL along with Australian based companies Securities and Security Technology Services and Bemac. SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe “We are all living in a more connected world, where organisations are operating in an environment with increasing demand, more volatility and more complexity,” says Jason Cherrington, Optic Security CEO. Jason Cherrington “Safeguarding people, information and technology has become much more complex and this rapidly changing risk profile is making the need to protect critical infrastructure against both physical and digital threats an absolute imperative,” says Cherrington, in a statement. “The formation of the Optic Security Group will enable us to meet the needs of customers as converging security requirements grow and become more complex, be they physical or digital.” Cherrington notes these threats are now exposing directors to a complex liability that if not mitigated successfully can lead to significant financial, criminal and brand damaging outcomes that boards have to be fully aware of, and then protected against. “We had a particularly clear vision to create a trans-Tasman capability that has full geographic coverage across both markets and depth in technical and industry expertise to tackle these emerging challenges and deliver appropriate solutions to our customers – now achievable with a scale presence in both New Zealand and Australia.” Cherrington says that the new company will immediately be able to provide additional services to the existing customers of the companies under the Optic Security umbrella. The company will also partner with other leading players in the market such as the Cyber Audit team in Australia which provides independent information security and cybersecurity assessments. Chris Giufre, managing director of Ascentro Capital Partners, a New Zealand investment firm co-founded the Optic Security Group with Cherrington. Follow CIO New Zealand on Twitter:@cio_nz Sign up forCIO newsletters for regular updates on CIO news, views and events. Join us on Facebook. Related content brandpost Fireside Chat between Tata Communications and Tata Realty: 5 ways how Technology bridges the CX perception gap By Tata Communications Sep 24, 2023 9 mins Emerging Technology feature Mastercard preps for the post-quantum cybersecurity threat A cryptographically relevant quantum computer will put everyday online transactions at risk. Mastercard is preparing for such an eventuality — today. By Poornima Apte Sep 22, 2023 6 mins CIO 100 Quantum Computing Data and Information Security feature 9 famous analytics and AI disasters Insights from data and machine learning algorithms can be invaluable, but mistakes can cost you reputation, revenue, or even lives. These high-profile analytics and AI blunders illustrate what can go wrong. By Thor Olavsrud Sep 22, 2023 13 mins Technology Industry Generative AI Machine Learning feature Top 15 data management platforms available today Data management platforms (DMPs) help organizations collect and manage data from a wide array of sources — and are becoming increasingly important for customer-centric sales and marketing campaigns. By Peter Wayner Sep 22, 2023 10 mins Marketing Software Data Management Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe