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Bank of America to Acquire Cybersecurity Firm MDSec

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Bank of America to Acquire Cybersecurity Firm MDSec

Bank of America announced an acquisition of MDSec, a cybersecurity firm, adding approximately 65 security professionals to its UK operations. The deal expands the bank's in-house security capabilities and headcount.

Why it matters: Enterprise security leaders and practitioners should monitor acquisitions of specialized security firms, as they signal market consolidation and may affect competitive dynamics in managed security services and talent availability.

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