Orange has announced the acquisition of SecureData, building out the increasingly extensive cybersecurity operations at the telco.
The Orange Cyberdefense Division is another one of Orange’s ventures into the world of differentiation. Like banking and smart home services, this is not a segment which is necessarily core for the telco, but with a close enough link to connectivity it’s a low risk approach to diversification. With annual sales approaching €300 million, over 1,300 employees and a presence in 160 markets, it is also fast becoming more than just an ‘other bet’.
In SecureData, Orange has bought itself more of a presence in the UK, the largest Western European market for managed security services. SecureData’s existing Security Operations Centre (SOC) in Maidstone will add to the existing 9 Cyber SOC’s and 4 CERT’s around the world. The footprint is steadily increasing, gradually making the Orange security business more appealing to both national and international customers.
“SecureData, just like Orange Cyberdefense, has successfully made the transition toward Managed Security Services, and shares the same passion for Cyber,” said Hugues Foulon, Executive Director of Strategy and Cybersecurity activities at Orange.
“Cybersecurity has become a critical element for both large and small companies as they evolve in an increasing digital-reliant world. We are convinced that the combined expertise of Orange Cyberdefense and SecureData will provide a powerful resource for our customers in ensuring the protection of their valuable data.”
While Orange has not necessarily been spraying the cash everywhere, it has steadily been building its cybersecurity credentials. Aside from this purchase, Atheos and Lexsi are two other examples, with the services now being extended to 160 different countries.
These two acquisitions do date back a few years, though in cybersecurity Orange has once again proved it can think ahead of the game. This is a segment which is only starting to get the attention it rightly, and responsibly, deserves but it has been an ambition for Orange for years.
A recent survey from Tripwire claims 60% of respondents were more concerned about IoT security in 2019 compared to the previous year. IoT is a blossoming segment, an opportunity many companies will want to take advantage of for both new revenues and operational efficiency, but few know how to keep themselves secure. The perimeter of the network is about to vastly expand, but right now it is nothing more than a risk. Security needs to radically rise up the agenda.
Like getting ahead of the fibre trends across Europe, Orange looks like it onto a winner with a focus on cybersecurity. With tighter regulations on data protection and privacy, combined with increased public backlash with recent breaches and leaks, as well as new business models, security is becoming more of a priority for companies. The low-risk, long-thinking approach from Orange definitely looks to be paying off.