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Standards body buys security company

The British Standards Institute (BSI) has made the unusual move of buying an IT security specialist, Ireland’s Espion Group.

The standards body has made a number of purchases internationally, as this report from Silicon Republic confirms, and Espion will now operate as a wholly-owned but independent subsidiary. No doubt it’ll be able to use the idea that it’s not only approved by but owned by BSI as a major selling point.

BSI is the body that sets standards such as ISO accreditations and is one of the organisations that delivers training around these certifications. The idea that the standards organisation might have its own commercial operation directly linked to some of these standards will be a surprise to some. But it may be a source of concern to other (in this case) security companies offering valid solutions but who will now have to compete with BSI itself to survive in the market.