PwC rated as a Leader in European Cybersecurity Consulting Providers by Independent Research Firm

‘PwC excels in the boardroom and specialty technical services linked to crisis response.’

PwC announced that it was cited as a Leader in The Forrester Wave™: European Cybersecurity Consulting Providers, Q3 2021.

In the report, Forrester notes that ‘Customers will see value if they push harder on outcomes-based pricing. The COVID-19 pandemic has had a profound impact on the ways in which European security leaders work with their security service providers. The first and most obvious change is that almost all work has had to be conducted remotely to preserve human safety and comply with government mandates to work from home. The more important change, however, is the move toward outcomes and risk sharing models for pricing the value customers receive from security consultancy providers.’

‘European cybersecurity consulting customers should look for providers that are:

• Evolving their pricing strategies to price by outcomes and value delivered;
• Developing differentiated IP that delivers results instead of lab-based innovation theatre;
• Reinventing their delivery models to achieve environmental and financial sustainability.’

Commenting on PwC, the report states that: ‘PwC excels in the boardroom and specialty technical services linked to crisis response. PwC continues to invest in its ability to serve in the boardroom and deliver relevant strategic advice. It is developing technology-enabled IP, not just in its technical services such as incident response and threat intelligence, but is increasingly investing in capabilities including its Cyber Risk Reporting Platform and joining together other assets such as its Connected Risk Engine and Cyber Value at Risk methodology. In the technology domain, it is expanding its investments into managed services, a newer space for PwC. PwC continues to push to offer more services on a subscription and pay-for-performance basis.’

It further notes that: ‘PwC maintained its leadership position, developing IP that meets emerging client needs. It demonstrated exceptional quality deliverables across a range of strategic and technical competencies such as cyber risk analytics and identity and access management.’