LOS ANGELES, CA – OCTOBER 5, 2016 – Robert Herjavec, leading investor on the Emmy Award-winning hit show, Shark Tank, and Founder & CEO of global cybersecurity firm, Herjavec Group, proudly announces the acquisition of Identity and Access Management (IAM) consultancy, Aikya Security Solutions.  Founded in 2014 by IAM expert and former Aveksa executive, Ketan Kapadia, Aikya Security Solutions supports complex identity and access management initiatives for enterprises including financial institutions, utilities providers and gaming companies, across Canada, Asia & Australia. This exciting transaction bolsters Herjavec Group’s technical resources and allows the business to expand its growing IAM expertise.

“Our enterprise customers need support safeguarding access controls to ensure the right people are accessing the right data and systems for the right reasons,” says Robert Herjavec. “A proactive identity strategy not only helps organizations meet compliance requirements, but reduces the risks associated with excessive employee access”. With Gartner estimating that the identity market, sized at $1.78 billion in 2015¹, will grow 19% annually; timing could not be better for this important service advancement. Herjavec Group and Aikya customers will now benefit from an expanded identity and access product portfolio that includes SailPoint, RSA Identity, Lieberman Software and CyberArk technology suites. The new practice will operate as complete service department in collaboration with Herjavec Group’s Consulting, Professional Services, Managed Services, and Incident Response teams, offering support for on premise and cloud initiatives including:

• IAM Strategy Evaluation
• Identity Roadmap and Business Process Development
• Solution Design, Implementation and Testing
• System and Technology Integration
• Privileged and Proxy Access Management
• IAM Managed Services

Now that the transaction has closed, Aikya Security Solutions team members will be based out of Herjavec Group’s Toronto office and Aikya Managing Director, Ketan Kapadia, will join Herjavec Group’s executive team to lead this new practice. Herjavec Group has also confirmed plans to invest further in Aikya’s current technical center of excellence in India, in order to develop the size and scope of that team’s responsibilities.

“2016 has already been a banner year for Herjavec Group,” says Robert Herjavec. “We’ve achieved a #2 global ranking on the Cybersecurity 500 and are rapidly expanding across the United States, United Kingdom and Australia. There is no better time to formally introduce our identity and access management practice so we can continue to help our customers solve complex business issues with innovative IAM technologies and services. I am thrilled to welcome Ketan and the entire Aikya Security Solutions team to Herjavec Group”.

(1) Gartner Magic Quadrant for Identity Governance and Administration, February 29 2016