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DATA SECURITY

Cerberus Sentinel to Acquire True Digital Security

Cerberus Sentinel | January 10, 2022

Cerberus_Sentinel
Cerberus Cyber Sentinel Corporation announced its acquisition of True Digital Security. First is a cybersecurity consulting and managed services firm based in Scottsdale, Ariz. The latter is a cybersecurity operation and compliance company with offices in New York, Florida, and Oklahoma.

Under the transaction terms, True Digital will become a wholly-owned subsidiary of Cerberus Sentinel. True Digital's CEO, Rory Sanchez, will continue to lead his professionals and act as a business executive.

“True Digital is an exceptional cultural fit for the Cerberus family of companies. Together we will keep businesses safe as their managed compliance and cybersecurity, plus culture, provider (MCCP+)," said David Jemmett, CEO and Founder of Cerberus Sentinel. He further added, “This acquisition expands and complements our team of deeply experienced cybersecurity professionals and executives, bringing our clients best-of-breed technology, proven processes, and people.”

“True Digital Security is extremely excited to be joining the Cerberus Sentinel family,It’s rare to find a company and leadership team that so closely shares our culture, values, goals, and vision. This move will enable us to jointly accelerate the roll-out of our industry-disruptive TrueSpeed platform, and continue strengthening our premiere managed compliance and cybersecurity services on a global scale.”

Rory Sanchez, CEO of True Digital Security

Dr. Jerald Dawkins, Founder of TRUE-Tulsa and CISO of True Digital Security shared, “As the founder of True Digital Security, I couldn’t be more excited about the next chapter we will write with the Cerberus companies and their leadership team. I’m more passionate now than ever about the potential that lies before us, and I’m thrilled about what the future holds.”

“We have been working with the True Digital team for several months to expand our security and network security monitoring capabilities. We are delighted with the way their expertise and services enhance our MCCP+ security solutions,” Jemmett added. “Our acquisition strategy is focused on bringing together global security talent as partners who want to grow with us as shareholders, leverage our security ecosystem, and are passionate about protecting our clients.”

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Those high profile data breaches led to a swift response from the Government with the penalties for serious or repeated privacy breaches increased from $2.22 million to a minimum of $50 million at the end of December. Since then, the Government has released the Privacy Act Review Report and the 2023-2030 Australian Cyber Security Strategy that signpost a significant shift for Australia’s cyber landscape. Critical infrastructure; personal information; cyber security; dealing with ransomware attacks – all are likely to be shaken up.

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Navigating the Changing Cyber Landscape in Australia

Those high profile data breaches led to a swift response from the Government with the penalties for serious or repeated privacy breaches increased from $2.22 million to a minimum of $50 million at the end of December. Since then, the Government has released the Privacy Act Review Report and the 2023-2030 Australian Cyber Security Strategy that signpost a significant shift for Australia’s cyber landscape. Critical infrastructure; personal information; cyber security; dealing with ransomware attacks – all are likely to be shaken up.

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