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Qubit joins Deloitte to create Australia’s largest provider of identity management services
- 40-50% of cyber breaches are caused by weak or stolen identity
- Largest business failures due to people with inappropriate access
22 September 2015: As Australian businesses, government bodies and communities become even more mobile, the threat of identity theft continues to mount. With almost half of cyber breaches1 caused by weak or stolen identities or credentials, professional services firm Deloitte announced today that the founders and staff of Oracle identity specialist, Qubit Consulting, will join the firm’s Cyber Risk Services practice on 1 October.
Deloitte Chief Executive Officer Cindy Hook said: “As the right identity access underpins safe digital transformation, the Deloitte Board and I are delighted to welcome the deep expertise of the Qubit team. We have worked closely with Qubit for a number of years across a range of large public and private sector digital transformations.”
Harvey Christophers, Deloitte Managing Partner Risk Advisory said: “Qubit’s team of 22 practitioners will significantly boost our Australian Identity Access Management (IAM) practice to 60 professionals and further enhance our digital capability as a firm. This national strength, which adds to Deloitte’s 600-strong identity and access management practitioners globally, means we are very much leaders2 when it comes to helping our clients drive safe and secure digital transformation both in Australia and globally.”
Poor ID security: a significant threat for business …
Deloitte Cyber Risk Services leader, Tommy Viljoen, pointed out that the largest business failures have been due to poor or inappropriate access controls. “In financial services think of an investment bank’s $500 million loss a few years ago; the result of one trader retaining inappropriate access protocols.”
Good ID security: a real opportunity for Govt and citizens …
And in the public sector, the savings that could be secured by shifting transactions across federal and state governments from traditional channels to digital channels could equal $17.6 billion over 10 years according to Deloitte Access Economics3. With this shift to digital, that report also estimated a further saving of $8.7 billion in citizens’ costs.
“It is therefore absolutely critical to get identity access right across all government departments, industries and communities, so as people move around they can safely unlock the potential for Australia to meet our need for rapid, secure digital transformation and make these kinds of savings,” Viljoen said.
Deloitte links global and local ID security expertise
Ms Hook added: “In the last few months, Harvey Christophers and our Risk Advisory leadership team also brought one of our global experts, Trey Gannon, back from the US to Australia to lead the IAM team within Tommy Viljoen’s broader Cyber Risk Services practice.
“Trey has been a key leader in our US IAM practice including spending two years in India building the processing arm of the IAM team, to ensure Deloitte combines world class strategic advice with strong implementation capability. This means our clients can select the most appropriate solutions for their complex organisations that recognise and talk to each other, and most importantly keep the data and our customers and citizens safe.”
Trey Gannon said: “With the Qubit team’s expertise in Oracle software, and our proven capability with SailPoint, IBM, SAP and other identity solutions, our teams can go into any organisation, whether in government, financial services, telecommunications or health, and assess their needs, to help protect them and enable efficient digital outcomes.”
Internet of things
Gannon explained that: “Given the Internet of Things, where our digital identities are at extreme risk through the interconnectedness of our devices, it is critical that organisations have the right cyber controls and identity access management protocols for devices as well as humans, to protect their highly confidential data from hackers or disgruntled employees.
“On the flipside in health for instance, proper identity access can be a life-saver. The ability for a doctor to access the right information, at the right time from various systems across multiple hospitals and health centres – whether or not they are on the payroll – will make sure they can respond swiftly to emergencies.”
Viljoen added that: “Government and intelligence agencies, knowledge providers, as well as health and business are increasingly relying on sharing highly confidential data across their large mobile workforces, and with other partners and providers. This means it becomes critical that only the right people have access to the necessary information.
“By bringing the Qubit team on board we now cement our capacity as a firm to deliver market leadership in identity and access management, offering real depth in Oracle IAM skills and systems which aligns with our global capability in this space. It also completes the service offering we currently provide with the 40-strong Oracle Enterprise Resource Planning (ERP) Dataweave team that joined us in back in June.
“As one of only a few diamond partners to Oracle in the world, Deloitte now has the capability to ensure that businesses can strategically reposition their identity solutions to make better decisions, faster; provide enhanced customer experiences; and critically, more secure outcomes.”
The Qubit team
Incoming Qubit Partners Andrew Hayes and John Jones said their team has been assisting in delivering solutions with Deloitte for many years. “The time is absolutely right for us to join Deloitte to expand the career opportunities for our practitioners,” Jones said. “We are very excited about the rapid growth in demand for quality identity and access management. IAM is the fulcrum of the digital revolution and increasingly a core part of any organisation’s digital transformation.”
Hayes said: “This is an exciting step for Qubit as Deloitte's resources and global network will enable us to rapidly expand the number of clients we can help, both in Australia and offshore. It is vital to ensure that as organisations transform their digital networks that the right people have access to the right things at the right time, in a way that is efficient, while creating the best experience for both users and the business.”
3 Digital Government Transformation: http://www2.deloitte.com/au/en/pages/economics/articles/digital-government-transformation.html
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