Allurity, a European consortium of leading tech-enabled cybersecurity companies, has successfully finalized the strategic acquisition of Security Research Labs (SRLabs), a globally recognized cyber consultancy with offices in Berlin and Hong Kong. This acquisition is a significant milestone for Allurity, as it integrates SRLabs’ unique expertise, fortifying Allurity’s market position and enhancing its ability to offer a comprehensive cybersecurity solution.
By bringing SRLabs into its fold, Allurity takes a substantial stride towards establishing itself as a pure-play leader in tech-enabled cybersecurity services in Europe. This move aligns with Allurity’s broader mission of meeting the evolving cybersecurity needs of organizations worldwide by providing advanced and holistic cybersecurity solutions. The combined capabilities of Allurity and SRLabs aim to contribute to creating a safer digital world.
Frida Westerberg, CEO at Allurity, emphasized the strategic value of the acquisition, stating that it enriches Allurity’s offering with premium strategic cybersecurity consulting, unique cyber insights, and industry-leading solutions. This aligns seamlessly with Allurity’s vision of becoming the preferred partner for tech-enabled cybersecurity services in Europe, amplifying its global impact.
Dr. Karsten Nohl, Founder of SRLabs, shared the founding mission of SRLabs to enhance global security, expressing excitement about the collaboration with Allurity. He emphasized that the alliance with Allurity enables them to expand their mission of building and challenging robust hacking defenses on a larger scale, matching the well-organized cybercrime ecosystem. The collaboration allows clients to receive hacker-perspective advice on balancing innovation and protection.
The Allurity group currently includes seven top-tier cybersecurity companies across Europe, such as Aiuken, Arctic Group, ID North, CloudComputing, CSIS, SECURIX, and SRLabs. With the addition of SRLabs, Allurity accelerates its strategy to become a leading European powerhouse in the cybersecurity domain. The consortium presently generates around EUR 100 million in revenue, serving customers globally.