As the only cybersecurity company on the recent Australian delegation, Terraeagle launches operations at Sydney Startup Hub
Terraeagle Technologies, a fast-growing cybersecurity services organization, is pleased to announce its expansion into the Australia and New Zealand region, a key milestone in its global growth strategy. This development reiterates Terraeagle's firm commitment to providing comprehensive cybersecurity solutions to organizations across a variety of industries around the world. The organization already has operations in India, Bahrain and the United States.
Recently, the Government of India's Department of Enterprise, Investment and Trade (DEIT), NASSCOM and Australian industry body Business NSW signed the Australia-India Economic Cooperation and Trade Agreement to facilitate market access for selected technology companies from both countries. . Her Terraeagle, a NASSCOM member, is the only cybersecurity company to be part of the Sydney startup delegation to set up an office in his hub. This strategic partnership between India and Australia in cybersecurity aims to strengthen the defense mechanisms of both countries, promote a secure digital environment and contribute to regional and global stability in this area.
“We are really excited to announce our expansion into the ANZ region, which represents a diverse and vast market.” commented Aditya PS, Founder and Chairman of TerraEagle Technologies. “This is also the first region where Terraeagle’s channel program will be introduced. We will work closely with our local partners to ensure that our customers in these countries have access to high-end cybersecurity services. The ANZ market certainly offers an exciting opportunity to leverage our expertise and deliver customized cybersecurity solutions that address the requirements of this region.”
According to the World Economic Forum, Australia experienced a spate of major attacks in 2023, including one against Australian personal loan and financial services provider Latitude, which affected more than 14 million people in Australia and New Jersey. Affected by a data breach that affected New Zealand in March. During the same period, telecommunications company Optus and health insurance company Medibank experienced data breaches that affected around 10 million people. Several ports had to be closed in November 2023 following an attack on the country's largest telecommunications operator, DP World Australia. In the medical field, hospitals were forced to postpone surgeries following cyberattacks.
Terraeagle provides a highly skilled workforce, global experience and cost-effective solutions to customers in Australia and New Zealand. According to a recent report published by Causticizer, the Australian cybersecurity market is expected to grow by US$5.8 billion by 2024, with the domestic market for this sector expected to grow at 8% annually.
Shivendra Singhsaid Nascom's Vice President and Head of Global Trade Development. “Terraeagle has been selected as one of our esteemed member organizations to be part of the Nasscom-NSW Launchpad, which focuses on cybersecurity with high relevance to the ANZ market. We are committed to working closely together and accelerating our establishment in the Australian market.”
All NASSCOM member companies benefit from establishing connections with local technology ecosystems and government agencies, gaining access to investment opportunities as well as network support in the local market.
Terraeagle's comprehensive suite of services includes Security Operations Center as a Service (SOCaaS), Managed Detection and Response as a Service (MDRaaS), Incident Response Eagle Retainer, and Governance and Compliance. As a trusted cybersecurity services partner, the organization offers connected security, a zero lock-in approach, expert staffing, innovative pricing models, easy decision-making, cost optimization, global expertise, and local compliance. We provide. Terraeagle employs cutting-edge technology to provide our customers with the most effective and advanced cybersecurity solutions.
About Terra Eagle
Founded in 2018 by industry experts, Terraeagle is a fast-growing cybersecurity services company specializing in bespoke solutions. Headquartered in the United States, Terraeagle has growing regional offices and reach in India and Bahrain. Founder and Chairman Aditya PS, along with his seasoned team, brings over 100 years of collective experience in the field of cybersecurity and privacy. Terraeagle's customer base spans various sectors such as BFSI, e-commerce, education, healthcare, and IT/ITeS, demonstrating the company's commitment to providing professional services to a variety of industries.
