Privasec
Privasec is a Sydney-headquartered, Sekuro-owned cybersecurity consulting firm delivering governance, risk, compliance, offensive security, and managed SOC services to enterprise and government clients across Australia, Southeast Asia, and the United Kingdom.
- Company typePrivate
- Founded2014
- HeadquartersSydney, Australia
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Privasec does
Privasec is an independent cybersecurity, governance, risk, and compliance consulting firm headquartered in Sydney with primary operational hub in Singapore and offices in Adelaide, Melbourne, Brisbane, Perth, Petaling Jaya, Taguig, and London. Founded in 2014 and now operating as a subsidiary of Sekuro, Privasec delivers professional services across five practice pillars: Governance, Risk & Compliance (ISO 27001/27701/42001, SOC 2, PCI DSS, IRAP, SWIFT CSP, DPTM, Cyber Trust Mark, CSA STAR); Offensive Security (penetration testing, red teaming, social engineering/phishing simulation, ransomware readiness, cloud security assessments); Technologies & Platform Engineering (Zero Trust strategy); Managed Security Services (Managed SOC); and Team Augmentation. It operates a specialist sub-brand called DroneSec providing UAS and Counter-UAS physical, digital, and airspace security services for law enforcement, defence-adjacent, and critical infrastructure clients.
Privasec monetizes through time-and-materials and fixed-fee consulting engagements, typically sourced via direct enterprise and government sales, partner referrals (including MySecurity Marketplace and Austrade), and lead generation through its CxO roundtables, the Cyber Risk Meetup community, and content-led inbound (blog, ISO 27001:2022 transition guides, webinars). Pricing is generally quote-based; the only publicly disclosed price points are Singapore IMDA Data Protection Trustmark certification fees — a one-time S$535 application fee to IMDA plus S$5,000-6,000 assessment fee (varying by organization size), with consultancy fees potentially covered by the Enterprise Development Grant. Privasec itself holds ISO 27001 (UKAS), ISO 9001 (JAS-ANZ), CREST, PCI QSA, CSA STAR Lead Auditor, ASD-endorsed IRAP (up to SECRET), CSRO licensing for Penetration Testing and Managed SOC, and SWIFT CSP registered provider status — a credential stack that materially narrows the field of competitors eligible for regulated Australian, Singapore, and broader ASEAN engagements.
Customer logos span Xiaomi (technology), STACS (ESG/fintech), Contour (blockchain trade finance), and Mount Faber Leisure Group (hospitality), and the firm explicitly serves Australian federal and state government, critical information infrastructure, banking and financial services, technology, healthcare, and hospitality sectors. There is no evidence of external venture or institutional funding, no headcount or revenue disclosure, and no AI/ML product stack; the firm is a services-led consultancy whose growth is governed by senior-consultant billable utilization rather than software economics.
Privasec firmographics
Firmographics- Name
- Privasec
- Legal name
- Privasec (Privasec Pty Ltd and Privasec Pte Ltd)
- Website
- https://privasec.com
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Privasec is a Sydney-headquartered, Sekuro-owned cybersecurity consulting firm delivering governance, risk, compliance, offensive security, and managed SOC services to enterprise and government clients across Australia, Southeast Asia, and the United Kingdom.
- Ownership category
- akta.pro rank
Privasec industry classification
Industry- Product category
- Cybersecurity Consulting
- akta.pro primary industry
- Security Governance, Risk & Compliance (GRC) Advisory (BPAKADAG)
- akta.pro secondary industries
- Governance, Risk & Compliance (GRC) Managed Services (BPAEADAJ), Privacy, Data Protection & Cyber Governance (GRC) (BPAHAFAF)
Keywords
Where Privasec is headquartered
LocationHeadquarters
- HQ city
- Sydney
- HQ country
- Australia
- HQ region
- Oceania
Offices9 records
Markets served
Privasec business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Revenue model
- Cybersecurity Consulting Services: Revenue generated through professional consulting engagements including GRC strategy, offensive security testing, red teaming, ISO 27001 certification consulting, IRAP assessments, vendor security assessments, ransomware readiness assessments, and managed security services. Engagement models include time & materials and fixed-price engagements.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | One time/ perpetual license | DPTM Certification - Application Fee |
| One time/ perpetual license | One time/ perpetual license | DPTM Certification - Assessment Fee |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels6 records
Privasec product offering
Product offeringCore offering
Privasec is an independent cybersecurity consulting firm delivering Governance, Risk & Compliance (GRC) advisory, Offensive Security (penetration testing, red teaming, social engineering), Technologies & Platform Engineering (Zero Trust strategy), Managed Security Services (Managed SOC), and Team Augmentation services. The firm also operates DroneSec, a specialist drone and airspace security unit. Services are delivered via consulting engagements (time & materials or fixed-price) to enterprise and government clients across Southeast Asia, Australia, and the UK.
Product overview
Privasec is a cybersecurity consulting firm (now part of Sekuro) offering a comprehensive portfolio of advisory and assessment services organized into five core pillars: Governance, Risk & Compliance (GRC); Offensive Security; Technologies & Platform Engineering; Managed Security Services; and Team Augmentation. The GRC practice encompasses certification services for ISO 27001 (ISMS), ISO 27701 (PIMS), ISO 42001 (AIMS), SG Cyber Safe Trust Marks, PCI DSS, SOC 2, CSA STAR, SWIFT Compliance, and IRAP assessments, along with data protection services and third-party vendor security management. The Offensive Security practice provides penetration testing, red teaming (adversary simulation), social engineering and phishing simulations, ransomware readiness assessments, and cloud security evaluations. Technologies & Platform Engineering focuses on Zero Trust strategy development, while Managed Security Services delivers continuous SOC monitoring. Team Augmentation embeds professionals within client organizations. The firm operates as a services-led consultancy without a software product platform, offering individual engagements and managed services across its practice areas.
Differentiator
Problem solved
Functional benefit
Brands
- DroneSec: Drone security specialist team providing UAS & C-UAS assurance, training and intelligence services. Part of the Privasec family with expert consultants committed to ensuring optimal physical, digital, and airspace security for drones.
Products and services
- Governance, Risk & Compliance (GRC)
Quantifiable outcome
- Contour achieved ISO 27001 Certification with zero findings flagged in the external audit by British Standard Institute (BSI)
- +2 more outcomes
Companies that use Privasec
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles4 records
Privasec technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Privasec partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- DroneSeccoreDroneSec is a specialist drone and airspace security unit operating as part of the Privasec family. Mike Monnik serves as DroneSec CTO. DroneSec provides physical, digital, and airspace security services for drones, serving law enforcement, security specialists, and organisations. Privasec showcased DroneSec at Singapore Airshow (Asia's largest aerospace and defence event) and Global Drone Security Network (GDSN). DroneSec's expert consultants operate across multiple industries and skill specialisations committed to optimal physical, digital, and airspace security to drones.
Scale indicators1 record
Recent moves7 records
Expansion highlights6 records
Privasec competitors and assessment
Company assessmentDirect peers
- CyberCX: CyberCX is the largest Australian-owned cybersecurity services firm, offering GRC advisory, offensive security, managed security, and IRAP assessments across Australia and New Zealand. It is the most directly comparable independent cybersecurity consulting peer in Privasec's home market.
- NCC Group: NCC Group is a UK-headquartered global cybersecurity consulting and assurance firm providing penetration testing, red teaming, GRC advisory, and managed detection. It is highly comparable on services mix, CREST accreditation, and geographic breadth relative to Privasec.
- Bishop Fox: Bishop Fox is a US-based offensive security firm specialising in penetration testing, red teaming, and security assessments. It is directly comparable to Privasec's Red practice in capability, consultant profile, and buyer profile.
- Coalfire: Coalfire is a global cybersecurity advisory and PCI QSA firm providing compliance assessments (PCI DSS, ISO, SOC), penetration testing, and GRC consulting. It mirrors Privasec's PCI QSA, ISO, and cloud compliance offerings.
- Schellman: Schellman is a US-based top-20 CPA firm focused exclusively on cybersecurity and compliance assessments, including ISO 27001, SOC 2, PCI DSS, and privacy. It competes with Privasec on certification-led advisory engagements for enterprise and SaaS clients.
Broad incumbents
- Trustwave: Trustwave is a global cybersecurity firm offering managed security services, penetration testing, and GRC consulting. As a larger incumbent with broader portfolio, it overlaps with Privasec on offensive security and managed SOC in APAC.
- Secureworks: Secureworks is a global cybersecurity services provider delivering managed detection and response, vulnerability management, and consulting. It is a broader incumbent with overlapping capabilities to Privasec's managed security and offensive security offerings.
- Deloitte (Cyber & Strategic Risk): Deloitte's Cyber & Strategic Risk practice is a Big 4 incumbent offering IRAP, ISO, PCI, red teaming, and managed security across APAC. It competes with Privasec on large enterprise and government mandates and has materially greater delivery scale.
Regional players
- Vantage Point Security: Vantage Point Security is a Singapore-headquartered offensive security firm providing penetration testing, red teaming, and security assessments across APAC. It is a direct regional competitor to Privasec's Red practice in ASEAN.
Emerging players
- Vanta: Vanta is an automated GRC and compliance platform for SOC 2, ISO 27001, and related frameworks. While it is a software product rather than a consulting firm, it increasingly competes for the same compliance budget as Privasec's certification engagements.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
Privasec social profiles
Digital presencePrivasec compliance and trust
Trust signalCompliance12 records
Privasec financial estimates
Financial estimateRevenue estimate
Valuation estimate
Privasec leadership team
Management profileNumber of profiles
Profiles6 records
Privasec funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Privasec M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Privasec
What does Privasec do?
Privasec is an independent cybersecurity consulting firm delivering Governance, Risk & Compliance (GRC) advisory, Offensive Security (penetration testing, red teaming, social engineering), Technologies & Platform Engineering (Zero Trust strategy), Managed Security Services (Managed SOC), and Team Augmentation services. The firm also operates DroneSec, a specialist drone and airspace security unit. Services are delivered via consulting engagements (time & materials or fixed-price) to enterprise and government clients across Southeast Asia, Australia, and the UK.
Is Privasec a public or private company?
Privasec is a private company. It is classified as corporate owned and is currently operating.
When was Privasec founded?
Privasec was founded in 2014. It employs 11 to 50 people.
Where is Privasec based?
Privasec is headquartered in Sydney, Australia, in the Oceania region.
How does Privasec make money?
One revenue line is on record: cybersecurity Consulting Services.
Who are Privasec's main competitors?
Direct peers on record are CyberCX, NCC Group, Bishop Fox, Coalfire and Schellman. Broad incumbents are Trustwave, Secureworks and Deloitte (Cyber & Strategic Risk). Vantage Point Security is listed as a regional player. Vanta is listed as an emerging player.
Does Privasec have an API?
No public API is recorded for Privasec.
What industry is Privasec in?
Privasec's product category is Cybersecurity Consulting. Its primary akta.pro industry code is BPAKADAG, Security Governance, Risk & Compliance (GRC) Advisory, with a secondary code of BPAEADAJ, Governance, Risk & Compliance (GRC) Managed Services.