Menu
BlackBerry eyes IoT, diversifies with new cybersecurity practice

BlackBerry eyes IoT, diversifies with new cybersecurity practice

The company will also focus on automotive IT security

Struggling smartphone vendor, BlackBerry, is looking to diversify its business by launching a cybersecurity consulting service, focusing in part on the Internet of Things, and providing related tools to customers.

The Ontario smartphone vendor, an early standard bearer for multifunction mobile phones, announced Wednesday it has acquired U.K. cybersecurity consulting firm Encription. The company did not disclose the terms of the deal, which was completed last week.

BlackBerry's move into cybersecurity consulting isn't a huge leap, as the company has long positioned itself as a security-minded smartphone vendor. Late last year, the company launched the Priv, a security- and privacy-focused smartphone running a modified version of Android.

The company has significant cybersecurity expertise in house, and the new cybersecurity consulting practice will build on those assets, a spokeswoman said.

The company noted the global cybersecurity consulting industry generates US$16.5 billion in business a year, with huge growth predicted.

BlackBerry posted a net loss of US$89 million for its third quarter, which ended Nov. 28. Still, for the previous nine months ending on that date, it posted a net profit of $30 million, compared to a net loss of $332 million over the same period in 2014.

BlackBerry's cybersecurity services will focus on helping customers with security strategies and providing technical assistance, the company said. The company will specialize in automotive and Internet of Things security and in detection, testing and analysis.

The growing move into cybersecurity is a "smart move for Blackberry, especially as security is in the headlines" with a recent fight over smartphone encryption between Apple and the FBI, said Jeff Kagan, a mobile analyst.

Still, it's unclear if cybersecurity consulting will be a long-term winning strategy for the company, he said by email.

"BlackBerry is having a tough time finding growth areas," Kagan added. "Before we get too excited, we’ll just have to see whether this moves the needle at BlackBerry."


Follow Us

Join the New Zealand Reseller News newsletter!

Error: Please check your email address.

Tags BlackberryInternet of ThingsIoT

Featured

Slideshows

Sizing up the NZ security spectrum - Where's the channel sweet spot?

Sizing up the NZ security spectrum - Where's the channel sweet spot?

From new extortion schemes, outside threats and rising cyber attacks, the art of securing the enterprise has seldom been so complex or challenging. With distance no longer a viable defence, Kiwi businesses are fighting to stay ahead of the security curve. In total, 28 per cent of local businesses faced a cyber attack last year, with the number in New Zealand set to rise in 2017. Yet amidst the sensationalism, media headlines and ongoing high profile breaches, confusion floods the channel, as partners seek strategic methods to combat rising sophistication from attackers. In sizing up the security spectrum, this Reseller News roundtable - in association with F5 Networks, Kaspersky Lab, Tech Data, Sophos and SonicWall - assessed where the channel sweet spot is within the New Zealand channel. Photos by Maria Stefina.

Sizing up the NZ security spectrum - Where's the channel sweet spot?
Kiwi channel comes together for another round of After Hours

Kiwi channel comes together for another round of After Hours

The channel came together for another round of After Hours, with a bumper crowd of distributors, vendors and partners descending on The Jefferson in Auckland. Photos by Maria Stefina.​

Kiwi channel comes together for another round of After Hours
Consegna comes to town with AWS cloud offerings launch in Auckland

Consegna comes to town with AWS cloud offerings launch in Auckland

Emerging start-up Consegna has officially launched its cloud offerings in the New Zealand market, through a kick-off event held at Seafarers Building in Auckland.​ Founded in June 2016, the Auckland-based business is backed by AWS and supported by a global team of cloud specialists, leveraging global managed services partnerships with Rackspace locally.

Consegna comes to town with AWS cloud offerings launch in Auckland
Show Comments