Formind Consulting

What Formind Consulting does

Formind Consulting is a French, independent cybersecurity services firm headquartered in Issy-les-Moulineaux (Paris), with operations in five countries (France, Spain, Morocco, Canada, Taiwan) and a headcount of 300 cybersecurity professionals averaging eight years of experience. The company operates three integrated service lines — Conseil (GRC, CISO advisory, resilience, regulatory compliance with NIS2, DORA, ISO 27001, RGPD, LPM), Intégration (IAM/PAM, cloud, OT, operational security, zero trust), and SOC & CERT (managed 24/7 follow-the-sun Security Operations Center plus Force d'Intervention Rapide rapid response retainer) — supplemented by the Formind Academy (Qualiopi-certified training, 59 sessions and 2,019 hours delivered to 222 unique trainees in 2025) and the CyberCheck SaaS maturity-assessment platform.

The underlying technology stack is services-led rather than product-led: PASSI-qualified security audits by ANSSI, ISO/IEC 27001-certified operations, CVE research output (CVE-2024-37010 on Owncloud, CVE-2024-20926 on Nashorn), and integration partnerships with DataDome, Entrust, SentinelOne, and Netwrix Usercube. Formind's revenue model mixes project-based professional services (consulting, integration, training) with recurring managed SOC subscriptions priced around €150K–€220K per year per defined perimeter (1,000 endpoints, 100 servers, 3.5 TB logs/year), FIR retainer subscriptions, and structured PME-ETI packages.

The company targets two primary customer segments: large enterprises, government entities, and critical infrastructure operators (OIV/SIIV) requiring PASSI-level and LPM-mandated work, and French PME-ETI served via a three-pillar packaged offer. Disclosed customers span French public administration (departmental council), insurance, banking and insurance, and aerospace. Go-to-market is sales-led direct enterprise, supported by thought-leadership content (blog, webinars, European Cyber Week, BreizhCTF) and channel partnerships.

Name

Formind Consulting

Legal name

Formind

Website

https://formind.fr

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

101–250 employees

Short description

Formind Consulting is an independent French cybersecurity firm with 300 experts across five countries, offering GRC advisory, IAM and cloud security integration, and 24/7 managed SOC plus rapid incident response for large enterprises, public-sector entities, critical infrastructure operators, and PME-ETI clients.

Ownership category

akta.pro rank

Product category

Cybersecurity Consulting Services

NAICS

Management Consulting Services (54161), Computer Systems Design and Related Services (54151), Custom Computer Programming Services (541511)

SIC

Services-Management Consulting Services (8742), Services-Computer Programming Services (7371), Services-Prepackaged Software (7372)

akta.pro primary industry

Cybersecurity & Identity Consulting (BPAHAEAG)

Keywords

• Cybersecurity consulting
• Managed SOC services
• Incident response
• Identity access management
• Cloud security

Headquarters

HQ city

Issy-les-moulineaux

HQ country

France

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Cybersecurity Consulting: Advisory services covering GRC (Governance, Risk, Compliance), CISO advisory, resilience, crisis management, risk mapping, and regulatory compliance (NIS2, DORA, ISO 27001, RGPD, LPM). Billed as project-based or retainer engagements.
2. Managed SOC & CERT Services: Managed Security Operations Center providing 24/7 monitoring, detection, investigation, and incident response. Billed as a recurring managed service, with pricing around €150,000–€220,000/year for a defined perimeter (1,000 endpoints, 100 servers, 3.5 TB logs/year). Includes BUILD (implementation) and RUN (operation) phases.
3. Integration & Implementation: Integration of IAM, PAM, SOC tooling (SIEM, EDR/XDR, SOAR), cloud security solutions, and zero-trust architectures. Billed as project-based implementation engagements.
4. Cybersecurity Training (Formind Academy): Training programs covering cybersecurity topics, including internal and external courses, some of which are certifiying. Billed per participant or as intra-company sessions. Registration requires a purchase order, training convention, or quote.
5. PME-ETI Structured Offerings: Pre-structured offerings for small and medium enterprises covering three pillars: (1) E-value: cyber maturity evaluation, (2) Protect: security measures, (3) Monitor & React: surveillance and incident response. Offered as subscription or project-based engagements.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

Formind Consulting is a pure-play cybersecurity services firm delivering three integrated service lines: Conseil (advisory in GRC, CISO support, regulatory compliance with NIS2, DORA, ISO 27001, LPM, RGPD), Intégration (deployment of IAM/PAM, cloud security, OT security, and zero-trust architectures), and SOC & CERT (24/7 managed security operations with rapid incident response). The firm supplements these with the Qualiopi-certified Formind Academy for training and the CyberCheck SaaS platform for self-service cyber maturity assessment.

Product overview

Formind Consulting is a pure-play cybersecurity services firm offering three integrated service lines — Conseil (advisory), Intégration (technology integration), and SOC & CERT (managed security operations) — supplemented by Formind Academy for training and CyberCheck, a SaaS platform for cyber maturity self-assessment. Together, these form a unified cybersecurity portfolio spanning governance, risk and compliance consulting; IAM/PAM and cloud security integration; 24/7 managed SOC with Rapid Intervention Force; and certifiable training programs. Services are additionally packaged for the PME-ETI segment under three pillars: self-assessment, protection, and monitoring & response.

Differentiator

Problem solved

Functional benefit

Brands

• Formind Academy: Internal and external training programs in cybersecurity, certified Qualiopi.
• Force d'Intervention Rapide (FIR)

Products and services

• Conseil (Advisory: GRC, CISO Support, Compliance & Resilience) Cybersecurity advisory services including Governance, Risk and Compliance (GRC) consulting, CISO leadership support, risk mapping and management, regulatory compliance (NIS2, DORA, ISO 27001, RGPD, LPM), cyber resilience planning, and crisis management. Designed for organizations needing strategic cybersecurity guidance and regulatory alignment.
• Intégration (IAM/PAM, Cloud, OT Security Integration) Design, deployment, and integration of cybersecurity technologies including Identity and Access Management (IAM), Privileged Access Management (PAM), cloud security architectures, operational security, industrial (OT) security, and zero-trust architectures. Delivered as project-based implementation engagements for enterprises.
• SOC & CERT (Managed Security Operations Center)

Quantifiable outcome

• Managed SOC costs ~€150,000–€220,000/year vs ~€330,000/year for an equivalent internal SOC, representing potential savings of up to 55%
• +4 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Three partnerships are on record, tiered core and flagship.

• DATABACKcoreStrategic or Co-development Partner · 1 June 2025Formind and DATABACK signed a strategic partnership to provide reinforced incident response for critical incidents involving sensitive data loss. DATABACK specializes in data recovery, migration, and secure data erasure, particularly for ransomware scenarios. Formind serves as the overall incident commander and crisis manager, while DATABACK handles physical and virtual media treatment and data recovery. The partnership originated from successful prior collaborations on client incidents. DATABACK claims to recover 100% of data in 9 out of 10 ransomware cases.
• EntrustcoreGTM or Marketing Partner · 22 October 2024Formind partnered with Entrust (a global leader in identity and payment security) to co-host a webinar on 'crypto-agility at the heart of your IT to anticipate post-quantum threats.' The partnership focuses on educating enterprises about post-quantum cryptography risks and crypto-agility strategies. Entrust provides the technology expertise while Formind delivers the advisory and integration capabilities to clients.
• DataDomeflagshipGTM or Marketing Partner · 19 September 2024Formind and DataDome announced a strategic partnership to provide enterprises with comprehensive protection against automated cyber threats. DataDome is a global leader in bot protection and online fraud prevention, using multi-layer machine learning to analyze 5 trillion signals per day. Formind assists clients in deploying DataDome's technologies, which protect against account takeover, payment fraud, DDoS attacks, credential stuffing, and scraping. The partnership targets French enterprises seeking advanced AI-driven bot protection integrated with their broader cybersecurity posture.

Scale indicators7 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Advens: French pure-play cybersecurity consultancy and managed SOC provider serving mid-market and large enterprises. Closely comparable to Formind in service mix (GRC, SOC, audit, IAM), French market focus, and mid-cap scale.
• Wavestone: French-headquartered consultancy with a dedicated cybersecurity and digital trust practice serving large enterprises and regulated industries. Comparable to Formind on advisory and audit services for French government and finance clients.

Broad incumbents

• Orange Cyberdefense: Telco-owned managed security services provider with a large MSSP footprint across Europe including France. Overlaps with Formind on managed SOC, incident response, and threat intelligence but operates at much greater scale.
• Sopra Steria Cybersecurity: Large European IT services group with a dedicated cybersecurity practice covering consulting, integration, and managed SOC. Comparable on GRC and integration services but competes from a much larger enterprise-IT position.
• Thales (Cyber Digital Solutions): Global defense and aerospace group with a significant cybersecurity business serving critical infrastructure, defense, and government clients. Directly comparable on PASSI/LPM-eligible audit and sovereign SOC work for French national security accounts.
• Capgemini Invent / Cybersecurity: Global IT services firm with a major cybersecurity practice in France, covering GRC, IAM, cloud security, and managed detection & response. Overlaps with Formind on consulting and managed SOC for large French accounts.

Others

• SentinelOne (partner / adjacent): Endpoint security vendor that partners with Formind for SOC and incident response. Adjacent rather than competitive — illustrates the technology stack Formind integrates and where it derives managed-service margin.
• SNCF (CERT / public-sector cyber teams) and other French public-sector cyber units: ANSSI ecosystem and public-sector cyber operations that interact with PASSI-qualified providers. Comparable as ecosystem counterparties and as reference points for the regulatory perimeter Formind operates within.

Regional players

• Devoteam: European IT consultancy headquartered in France with a strong cybersecurity and cloud security focus. Comparable on integration and advisory work for mid-market and enterprise clients, with strong partner ecosystem (AWS, Microsoft, Google).
• Stormshield: French cybersecurity vendor (subsidiary of Stormshield / Airbus) focused on network and endpoint security products plus associated services. Comparable in French sovereign security positioning and ANSSI-certified offerings, though more product-led.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/formind
• Xx.com/Formind

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Formind Consulting