GREENSBORO — Apexanalytix, a Greensboro-based provider of supply chain risk management services yesterday announced its acquisition of Darkbeam, a London-based cybersecurity provider.
Apexanlytix, also called simply apex, provides software, data, and analytics support for supply-chain companies to manage suppliers, mitigate fraud, and address overpayments. Apex says it serves more than 250 Fortune 500 and Forbes Global 2000 companies.
According to Check Point Research, cybersecurity attacks increased by 38% globally in 2022 as smaller and more agile hacking attempts targeted remote workers and technology. The addition of Darkbeam capabilities is intended to build a more robust risk management platform for apex customers.
“Organizations are inundated with voluminous risk signals in their supply chain that in aggregate are just not actionable. Our clients need a solution that not only amplifies the faint signals of risk, but then automates the next best action as determined by client business rules, for example automatically placing a supplier on hold.” said Steve Yurko, CEO of Apexanalytix in the press release. “With this acquisition, our clients know that, along with all other supplier risk domains, their supply chains are now also constantly and natively monitored for cyber risk.”
Apexanalytix also acquired ESG Enterprise in March of this year, a company offering Environmental, Social, and Governance software, SaaS, and data analytics. In addition, the company shared its certification as a Great Place to Work® for the sixth year in a row.