Accenture has strategically invested in Tenchi Security, a leading third-party cyber risk management company, through Accenture Ventures This investment aims to integrate Tenchi’s SaaS platform into Accenture’s managed security services, providing enhanced cyber risk reduction across supply chains for organizations.
Headquartered in São Paulo, Brazil, Tenchi Security’s SaaS platform offers improved visibility into supply chain risks by continuously monitoring relationships with suppliers. Unlike other cyber risk management providers, Tenchi takes a holistic approach, providing a comprehensive risk assessment of an organization’s cyber risk profile.
In the wake of recent cyberattacks, Accenture’s Cyber-Resilient CEO research highlights the significant external risk supply chains pose, with more than half of executives. Paolo Dal Cin, global lead of Accenture Security, emphasizes the urgency of embedding security into the core of businesses and across suppliers to address supply chain security attacks effectively.
Felipe Boucas, CEO of Tenchi, underscores the lack of continuous data and effective remediation in managing cybersecurity risks across supply chains. The collaboration with Accenture aims to provide organizations with a complete supply chain risk management security solution, enabling faster identification of cyber risks and assisting in addressing cyber threats.
Tenchi Security joins Accenture Ventures’ Project Spotlight, an engagement and investment program targeting emerging technology companies addressing strategic innovation gaps for Global 2000 organizations. As a leader in managed security services, Accenture brings its deep experience to co-innovate with technology companies like Tenchi Security, adapting solutions to the enterprise market and scaling faster.
Accenture’s ranked No. 1 in the managed security services market is acknowledged in the Gartner® Market Share: Managed Security Services, Worldwide, 2022 report. Additionally, Everest Group recognizes Accenture as the highest Leader in Cloud Security Services PEAK Matrix® Assessment 2023.
The terms of the investment remain undisclosed.
*Gartner, Market Share: Managed Security Services, Worldwide, 2022, April 2023. GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, concerning this research, including any warranties of merchantability or fitness for a particular purpose.
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 743,000 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 20,000 highly skilled professionals, we enable clients to innovate safely, build cyber resilience and grow with confidence. Visit us at accenture.com/security.
About Tenchi Security
Tenchi Security is a Brazilian information security startup founded in October 2019. The company has developed a monitoring solution called Zanshin, which can, in a matter of minutes, determine and provide a comprehensive security status regarding a company’s cloud environment and its ecosystem. Tenchi’s clients include leading financial, health, telecommunication, and insurance institutions. For more information, visit us at tenchisecurity.com.