Truesec has acquired Binary Security, a company specializing in cybersecurity. The financial terms of the transaction were not disclosed.
Truesec stated the acquisition expands its cybersecurity capabilities and delivers full Nordic coverage. Karin Hagman, CEO of Truesec, said Norway is an important market for Truesec, and Binary Security's team brings experience and expertise that complements Truesec's existing capabilities. She added that together, they can offer Norwegian organizations stronger protection across the cybersecurity lifecycle, from proactively finding vulnerabilities to 24/7 detection and incident response.
Christian August Holm Hansen, CEO and Founder of Binary Security, stated that his company's strength has been deep technical expertise in identifying and addressing security weaknesses. He noted that joining Truesec allows them to build on this while giving their customers access to 24/7 protection and some of the Nordics’ strongest cyber defense and incident response capabilities.