Bank of America to Acquire MDSec Consulting Limited
Bank of America announced its plan to acquire information security consultancy firm MDSec Consulting Limited. The acquisition is expected to close in the fourth quarter of 2026 after regulatory approvals are obtained. Based in Macclesfield, England, MDSec employs around 65 cybersecurity professionals and offers technical consulting services. This move aligns with Bank of America's strategy to strengthen its global cybersecurity capabilities, particularly in the UK where it already has a significant presence through operations in Chester. The bank operates one of its cyber threat operations centers there as well. Both parties expressed enthusiasm about combining their expertise for enhanced innovation and technical excellence.
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