Bank of America to acquire information security consultancy MDSec Consulting Limited
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LONDON and NEW YORK, July 30, 2026 /PRNewswire/ -- Bank of America today announced plans to acquire information security specialist MDSec Consulting Limited ("MDSec"). The transaction is expected to be completed during the fourth quarter of 2026 following the receipt of regulatory approvals. Headquartered in Macclesfield, England with approximately 65 highly skilled cybersecurity professionals, MDSec provides deeply technical information security-related consultancy services. Bank of America already has a significant presence in the North of England, with over 1,400 employees based nearby in Chester. One of the bank's cyber threat operations centers is also located in Chester. "We have long admired the exceptional ability of the MDSec team and are delighted that Bank of America and its clients will now further benefit from their work," said Kris Fador, Chief Information Security Officer, Bank of America. "We look forward to welcoming the MDSec team to Bank of America as we continue to enhance our leading cybersecurity capabilities in the UK and globally." "We're immensely proud of what we've built at MDSec and, above all, of the team that made it possible," said Dominic Chell, Co-Founder, MDSec. "From the outset, our ambition has been to build world-class security capabilities and to push the industry forward. Joining one of the world's leading financial institutions, one...
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