Ernst & Young launches first cyber security centre

Professional services firm Ernst and Young Global Ltd. on Tuesday announced the launch of its first Managed Security Operations Centre (SOC) here - the first in the world.

The high-end and bespoke service is designed to meet the unique cyber security needs of clients by predicting advanced future cyber threats through advanced analytics.

The centre will offer clients onsite and offsite skills to help predict and prevent cyber attacks and the onsite resources will be complemented by a team of remote analysts that provide service 24/7/365.

Speaking at the launch, EY Global Information Security Leader Ken Allan noted targeted cyber attacks have increased in number and sophistication to the point that they now make the headlines on a daily basis.

EY is set to invest more than $20 million over the next five years to strengthen the centre, increasing its strength to six-fold to upwards of 1,200 by 2020.