DEPLOYMENT · US
Bank of America acquires UK cybersecurity firm MDSec Consulting
Bank of America is buying MDSec Consulting, a UK-based information security specialist, to strengthen its in-house cyber defenses and operational resilience against evolving threats.
WHY IT MATTERS
Big banks are moving from outsourced security to owned capabilities; signals rising in-house AI/ML security stack investments to defend trading, customer data, and core infrastructure.
Source: Finextra · 2026-08-03