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EY buys cyber-attack specialist to help protect its Asia-Pacific clients

Move comes in the wake of the recent ‘WannaCry’ attack which affected 200,000 computers in 30,000 organisations across 120 countries

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More than 200,000 computers in 30,000 organisations across 120 countries around the world were affected the WannaCry ransomware last month, including hospitals, shopping malls and railway stations on the mainland. Britain’s National Health Service was one of the worst affected. Photo: EPA
Kinling Loin Beijing

Ernst and Young (EY) has acquired the Australian internet security specialist firm Open Windows, to create a centralised advisory platform for its clients in Asia-Pacific to help them be better protected against cyber attack.

The move, for an undisclosed amount, comes in the wake of the recent “WannaCry” attack, which Paul Clark, managing partner of EY’s advisory business in the region, said underlined the importance his firm now puts on providing more comprehensive cyber security support for its clients.

More than 200,000 computers in 30,000 organisations across 120 countries around the world were affected the WannaCry ransomware last month, including hospitals, shopping malls and railway stations on the mainland. Britain’s National Health Service was one of the worst affected.

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One of the world’s so-called “Big Four” accounting and advisory firms, EY said 45 identity and access management staff at Open Windows will now be dedicated to helping its clients in the region protect against, or react to, any such attack.

Cyber security, digital technology and analytic advisory services are now EY’s fastest growing business areas, and represent at least 40 per cent of income, said Paul Clark, managing partner of its advisory business in Asia Pacific. Photo: Reuters
Cyber security, digital technology and analytic advisory services are now EY’s fastest growing business areas, and represent at least 40 per cent of income, said Paul Clark, managing partner of its advisory business in Asia Pacific. Photo: Reuters
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In Hong Kong, companies were attacked 48 times by WannaCry from seven countries up until last Friday, according to Network Box Corp, an internationally managed security services provider that protects 1,700 key Hong Kong organisations from cyber attack.

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