CipherPoint

What CipherPoint does

Cipherpoint Limited (ASX: CPT) is an Australian publicly traded cybersecurity and technology services firm headquartered in Sydney, operating primarily through its Excite Cyber branded subsidiary. The company delivers an end-to-end services portfolio spanning managed cyber security (24/7 Security Operations Centre, Managed Detection and Response, Extended Detection and Response, Endpoint Detection and Response, and Vulnerability Management), regulatory and framework consulting (ISO 27001, NIST Cybersecurity Framework v2.0, ASD Essential Eight, IT and digital strategy, and Industrial Control Systems cybersecurity), and professional services such as penetration testing, phishing assessments, digital forensics, eDiscovery, and data recovery. Underlying technology includes ML-based anomaly detection in the SOC, Microsoft ecosystem integration (Azure, Microsoft 365, Purview for DLP), and the Cybersite360 assessment platform, supported by quarterly Asia-Pacific threat intelligence reporting.

CipherPoint's business model is services-led, combining recurring managed security subscriptions with project-based professional services and consulting engagements priced via quote-based enterprise contracts. The go-to-market is a direct consultative sales motion targeting enterprise and mid-market clients in Australia, supplemented by content marketing through threat intelligence reports, whitepapers, and case studies. The firm has executed an acquisition-led growth strategy, completing three deals between 2021 and 2022 (Brace168, VIT Cyber Security, and Excite IT) to add managed security, government and forensic services, and Tasmania plus international reach. The company serves customers across manufacturing, infrastructure, real estate, non-profit, energy, consumer health, and financial services, with named logos including Arnott's, Downer Group, Lendlease, Guide Dogs, Keyton Retirement Living, ACEN, and Bulk Nutrients.

Name

CipherPoint

Legal name

Cipherpoint Limited

Website

https://cipherpoint.com

Company type

Public

Founded year

2010

Operating status

Operating

Headcount range

1–10 employees

Short description

Cipherpoint Limited (ASX: CPT) is a Sydney-based cybersecurity and technology services firm operating through its Excite Cyber brand, delivering 24/7 managed security, consulting, digital forensics, and cloud services to Australian enterprise, mid-market, and government clients.

Ownership category

akta.pro rank

Product category

Cybersecurity Services

NAICS

Computer Systems Design and Related Services (54151)

SIC

Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Endpoint Security Managed Services (EDR/XDR) (BPAEADAH)

Keywords

• Managed security services
• Cybersecurity consulting
• Digital forensics
• Incident response
• Vulnerability management

Headquarters

HQ city

Sydney

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Managed Security Services: Recurring managed security services including SOC operations, MDR, and vulnerability management. Revenue is generated through ongoing service contracts with enterprise clients.
2. Professional Services: Consulting and professional services including penetration testing, ISO 27001 certification, NIST compliance, and cybersecurity strategy development. One-time and project-based engagements.
3. Technology Solutions: Managed technology services including cloud solutions, unified communications, app development, and IT advisory services.
4. Digital Forensics Services: Digital forensics, incident response, and training services for government and enterprise clients.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

CipherPoint provides managed cybersecurity services through a 24/7 Security Operations Centre, including managed detection and response, extended detection and response, and endpoint detection and response. The company also delivers cybersecurity consulting (ISO 27001, NIST, ASD Essential Eight), penetration testing, digital forensics, eDiscovery, and broader technology services such as cloud solutions, managed IT, and unified communications. Its core customer base is enterprise and government organizations in Australia requiring end-to-end cybersecurity and technology modernization.

Product overview

CipherPoint operates through its subsidiary Excite Cyber as an end-to-end technology and cybersecurity services provider. The portfolio spans three core service pillars: (1) Cyber Security Services including Managed Detection and Response, Managed Extended Detection & Response, Managed Endpoint Detection & Response, Vulnerability Management, Extended Response Team, and a Security Operations Centre (SOC); (2) Consulting Services covering ISO 27001, NIST Cybersecurity Framework v2.0, ASD Essential Eight, IT Strategy, Digital Strategy, Cybersite360, Business Continuity/Disaster Recovery, Cybersecurity Strategy Development, and ICS Cybersecurity; and (3) Professional Services including Penetration Testing, Phishing Assessments, Digital Forensics, eDiscovery, Data Recovery, and Training. Additional technology services include Cloud Solutions, Managed Services, Unified Communications, App Development, and Advisory. The company also produces Threat Intelligence Reports for the Australian market. The architecture follows a services-based model where clients can engage individual services or bundle them as a comprehensive managed security offering.

Differentiator

Problem solved

Functional benefit

Products and services

• Managed Detection and Response Managed security service providing continuous monitoring, threat detection, and incident response capabilities through a Security Operations Centre for enterprise clients.
• Managed Extended Detection & Response Extended detection and response service providing comprehensive security monitoring across enterprise environments including endpoints, networks, and cloud.
• Managed Endpoint Detection & Response Endpoint security monitoring and response service for detecting and responding to threats on endpoint devices within enterprise environments.
• Vulnerability Management Continuous vulnerability assessment and management service to identify and remediate security weaknesses across the organization's systems.
• Extended Response Team Specialist incident response team providing extended support during and after security incidents for organizations requiring external response capabilities.
• Security Operations Centre (SOC) 24/7 security monitoring facility providing constant vigilance and threat detection through technology, ML-based anomaly detection, and expert analysts.
• ISO 27001 Consulting Advisory services for achieving ISO 27001 certification, helping organizations implement information security management systems.
• NIST Cybersecurity Framework v2.0 Consulting Consulting services for implementing the NIST Cybersecurity Framework v2.0 for enterprise security posture improvement.
• ASD Essential Eight Consulting Advisory services for implementing the Australian Signals Directorate Essential Eight cybersecurity mitigation strategies.
• Cybersite360 Comprehensive cybersecurity assessment and monitoring platform providing visibility into organizational security posture.
• Cybersecurity Strategy Development Service Strategic advisory services for developing comprehensive cybersecurity strategies aligned with business objectives.
• Industrial Control Systems (ICS) Cybersecurity Specialized cybersecurity services for industrial control systems and operational technology environments.
• Business Continuity and Disaster Recovery Planning Planning and advisory services for business continuity and disaster recovery capabilities.
• Penetration Testing and Assessment Ethical hacking and security testing services to identify vulnerabilities in systems and applications.
• Phishing Assessments Social engineering testing services to evaluate organizational susceptibility to phishing attacks.
• Cloud Solutions Cloud migration, deployment, and optimization services for infrastructure and applications.
• Managed Services (Technology) Outsourced technology management and operations services for enterprise clients.
• Unified Communications Integration and management of enterprise communication tools and platforms.
• App Development Custom application development services for web and mobile platforms.
• Advisory (Technology) Technology advisory services for strategic decision-making.
• Digital Forensics Expert analysis of digital evidence providing investigative support for cyber incidents and crimes.
• eDiscovery Electronic discovery solutions and legal support services for enforcement agencies.
• Data Recovery State-of-the-art data recovery, preservation and storage services.
• Training Specialized training programs to upskill digital forensic and cyber professionals.
• Threat Intelligence Reports Quarterly threat intelligence reports analyzing threat actors, attack patterns, and vulnerabilities affecting Australian businesses in the Asia-Pacific region.
• Data Loss Prevention (DLP) Advisory Whitepaper and advisory services on using DLP as an enabler for secure AI adoption, focused on data discovery, classification, and policy controls using Microsoft Purview.

Named customers8 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature7 records

Partnerships

Two partnerships are on record, tiered minor.

• CBIT AcademyminorOthersTraining partnership providing specialized training to upskill the next generation of digital forensic and cyber professionals. Links from Excite Cyber website to cbitacademy.edu.au for training services.
• CDFS (Centre for Digital Forensics)minorOthersDigital forensics expertise partnership providing analysis of digital evidence and investigative support for cyber incidents. Excite Cyber website links to cdfs.com.au for digital forensic services.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Accenture Security: Global professional services giant with a large managed security, identity, and cyber-resilience practice — competes with CipherPoint on large enterprise MSSP mandates in Australia.
• IBM Security Services: Global MSSP offering managed detection, SOC-as-a-service, and incident response at enterprise scale — competes with CipherPoint on large, geographically distributed enterprise accounts.
• Deloitte Cyber (Australia): Big-Four consulting firm operating a large Australian cybersecurity practice spanning managed SOC, incident response, and compliance — competing for the same enterprise and government contracts.
• DXC Technology: Global IT services company offering managed security, infrastructure, and cloud services — competes for large enterprise managed security and IT-services contracts in Australia.

Direct peers

• Triskele Labs: Australian MSSP delivering managed detection, incident response, and digital forensics to enterprise clients — comparable in service mix (especially forensic/IR) and target market.
• Bastion Security: Australian managed security and consulting firm offering SOC, MDR, vulnerability management, and ISO 27001 advisory — directly comparable in services and SME/enterprise customer mix.
• Tesserent (Thales): Australian-headquartered MSSP (now part of Thales) delivering managed detection, SOC, compliance, and advisory services to enterprise and government — overlapping customer profile and managed-security portfolio with CipherPoint.
• Sekuro: Australian cybersecurity services provider offering managed security, consulting, and Microsoft-aligned security advisory — closely comparable in geography, customer mix, and Microsoft-centric positioning.
• CyberCX: Australia's largest dedicated cybersecurity services firm, offering managed SOC, MDR/XDR, incident response, and consulting to enterprise and government — directly comparable in customer base and service mix to CipherPoint's Excite Cyber operations.

Regional players

• Insomnia Security: Trans-Tasman cybersecurity consultancy (NZ-led with AU presence) providing penetration testing, managed security, and incident response — comparable service mix across the broader APAC region.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/brace168
• LinkedInlinkedin.com/company/excite-cyber
• Xx.com/cipherpointsw

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries2 records

Funding overview

Funding rounds2 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CipherPoint