Fortinet Announces Progress Toward its Mission to Tackle the Cybersecurity Skills Shortage

Rhea-AI Summary

Fortinet, a global cybersecurity leader, has announced significant progress in its mission to address the cybersecurity skills shortage through its Training Institute programs. The company pledged to train 1 million people in cybersecurity by the end of 2026, and has already trained more than half a million individuals, putting them on track to meet their goal.

Key initiatives and achievements include:

• Winning the 2024 SC Awards for Best Professional Certification Program
• Enhancing the Fortinet Network Security Expert (NSE) Certification program
• Pledging to offer free cybersecurity training to 75,000 individuals in Europe
• Partnering with organizations in India to offer 100,000 virtual internships
• Hosting cybersecurity bootcamps and workshops globally
• Collaborating with various partners to upskill and reskill veterans

These efforts aim to address the estimated need for 4.8 million cybersecurity professionals to fill the industry's workforce gap.

Positive

• Fortinet has trained over 500,000 people in cybersecurity, on track to meet its 1 million goal by 2026
• Won the 2024 SC Awards for Best Professional Certification Program
• Pledged to offer free cybersecurity training to 75,000 individuals in Europe
• Partnering to offer 100,000 virtual internships in cybersecurity across India

Negative

• None.

At the halfway mark of its 5-year pledge to train 1 million individuals in cybersecurity by the end of 2026, Fortinet is on track to reach this milestone, having trained more than half a million people to address the skills gap

SUNNYVALE, Calif., Sept. 25, 2024 (GLOBE NEWSWIRE) --

John Maddison, Chief Marketing Officer at Fortinet
“Through our longstanding investments to address the cyber talent shortage, Fortinet continues to grow and expand our programs and strategic partnerships by delivering an award-winning cybersecurity training and certification program. Addressing the cyber skills gap is vital to enhancing our society’s collective cyber resiliency and we are committed to developing the current and future cyber workforce through the Fortinet Training Institute. As part of this effort, we remain focused on our pledge to train 1 million individuals in cyber by 2026.”

News Summary  
Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced significant progress in its mission to address the cybersecurity skills shortage through its Training Institute programs. As part of the company’s commitment to closing the cyber workforce gap, Fortinet pledged to train 1 million people in cybersecurity by the end of 2026 and through the Fortinet Training Institute programs has achieved significant strides toward this goal. With more than half a million people having been trained since the 5-year span pledge was announced, Fortinet is on track to meet this commitment by the end of 2026.

As the cybersecurity landscape grows increasingly complex, the demand for skilled professionals continues to grow with an estimated 4.8 million cybersecurity professionals required to address the industry’s workforce gap. At the same time, Fortinet’s 2024 Global Cybersecurity Skills Gap Report reveals that 70% of organizations believe the shortage of skilled cybersecurity professionals is increasing risks to their security.

Fortinet is at the forefront of working to address the skills gap by providing award-winning training and certification curriculum designed to equip individuals with the necessary skills and knowledge to better mitigate cyber risks. Additional recent key initiatives and achievements include:

• Award-Winning Cybersecurity Curriculum: Fortinet’s most recent industry acknowledgement includes winning the 2024 SC Awards for Best Professional Certification Program. In the fall of 2023, Fortinet introduced enhancements to the Fortinet Network Security Expert (NSE) Certification program, providing multiple certification options focused on role-based training – such as administrator, analyst, architect – as well as a foundational certification level. Fortinet has also been honored with Gold for best cybersecurity training and Gold for best security awareness program from the Cybersecurity Excellence Awards; Gold for cyber and education and training and security awareness and training from the Globee 2024 Cyber Security Global Excellence Awards; and Most Innovative in cybersecurity training and certification, and security awareness and training service from the Global Infosec Awards, among others.

• European Commission’s Cybersecurity Skills Academy Initiative Pledge: Earlier this year, Fortinet pledged to offer its award-winning cybersecurity training and security awareness curriculum to up to 75,000 individuals for free in Europe over the next three years. Since joining this initiative, Fortinet is offering its Certification program curriculum through the Cybersecurity Skills Academy and expanding learning opportunities for individuals across all 27 countries of the European Union, helping develop critical cyber skills in the region.

• All-India Council for Technical Education (AICTE) and EduSkills Foundation Partnership: Fortinet is partnering with the All-India Council for Technical Education (AICTE) and EduSkills Foundation to offer 100,000 virtual internships in the field of cybersecurity across India, as well as providing our Certification program free of cost.

• Fortinet Cyber Bootcamps Help Develop the Future Cyber Workforce: Fortinet is partnering with organizations across the world to host cybersecurity and networking bootcamps to further increase access to its training curriculum. Earlier this year, Fortinet hosted a threat hunting workshop for participants of the MITRE Embedded Capture the Flag (eCTF) competition, which included students from around the world. Attendees of the Fortinet workshop gained hands-on cybersecurity experience, assuming the role of a security analyst to identify adversarial behaviors using renowned frameworks and procedures.

• Continuing to Drive a Diverse Cyber Workforce through Partnerships: Through the Education Outreach program and Veterans program, Fortinet cultivates partnerships to drive a skilled, inclusive and diverse cyber workforce. More recently, Fortinet partnered with the British Columbia Institute of Technology (BCIT), Cyber Catalyst Talent Solutions, and Tech Vets Canada, among others, on an in-person bootcamp specifically for veterans interested in gaining technical and hands-on expertise in cyber. Fortinet also collaborated with several Fortinet Veteran program and Education Outreach program partners earlier this year – including Cerco, Helping Heroes, Hire Heroes USA, Onward 2 Opportunity, TechVets, and VetSec – to offer a nine-week Networking Fundamentals Bootcamp this year to further upskill and reskill veterans. Additionally, Fortinet is continuing to partner with Women in CyberSecurity (WiCyS) to offer members a Networking Fundamentals Bootcamp designed as an entry point for those wanting to pursue a career in cybersecurity.
  

Building on Fortinet’s Longstanding Commitment to Close the Global Cyber Skills Gap
These initiatives build on Fortinet’s longstanding commitment to address the cybersecurity skills gap worldwide. The Fortinet Training Institute delivers training and certifications to IT and security professionals, students and educators, and underserved communities, through its various programs. The ecosystem supporting these programs – including the Education Outreach program, the Veterans program and the Academic Partner program – is comprised of more than 700 partners across more than 100 countries globally.

To further help advance this work, Fortinet is a part of various public-private partnerships, including participating in the White House’s National Cyber Workforce and Education Strategy commitments by introducing free security awareness training for primary and secondary school educators and students globally including school districts across the United States, United Kingdom, Canada, Australia and Brazil. All these efforts contribute toward Fortinet’s goal to train 1 million people globally in cyber by 2026.

Additional Resources

• Learn about Fortinet’s free cybersecurity training, which includes broad cyber awareness and product training. As part of the Fortinet Training Advancement Agenda (TAA), the Fortinet Training Institute also provides training and certification through the Network Security Expert (NSE) Certification, Academic Partner, and Education Outreach programs. 
• Find out what makes Fortinet one of the top cybersecurity companies in the world.
• Visit fortinet.com/trust to learn more about Fortinet innovation, collaboration partners, product security processes, and enterprise-grade products.  
• Learn more about Fortinet's commitment to product security and integrity, including its responsible product development and vulnerability disclosure approach and policies.  
• Read about how Fortinet customers are securing their organizations. 
• Follow Fortinet on Twitter, LinkedIn, Facebook, and Instagram. Subscribe to Fortinet on our blog or YouTube.  

About Fortinet 
Fortinet (NASDAQ: FTNT) is a driving force in the evolution of cybersecurity and the convergence of networking and security. Our mission is to secure people, devices, and data everywhere, and today we deliver cybersecurity everywhere you need it with the largest integrated portfolio of over 50 enterprise-grade products. Well over half a million customers trust Fortinet's solutions, which are among the most deployed, most patented, and most validated in the industry. The Fortinet Training Institute, one of the largest and broadest training programs in the industry, is dedicated to making cybersecurity training and new career opportunities available to everyone. Collaboration with esteemed organizations from both the public and private sectors, including CERTs, government entities, and academia, is a fundamental aspect of Fortinet’s commitment to enhance cyber resilience globally. FortiGuard Labs, Fortinet’s elite threat intelligence and research organization, develops and utilizes leading-edge machine learning and AI technologies to provide customers with timely and consistently top-rated protection and actionable threat intelligence. Learn more at https://www.fortinet.com, the Fortinet Blog, and FortiGuard Labs.    

Media Contact:	Investor Contact:	Analyst Contact:
Stephanie Lira Fortinet, Inc.  408-235-7700  pr@fortinet.com	Aaron Ovadia  Fortinet, Inc.   408-235-7700  investors@fortinet.com	Brian Greenberg   Fortinet, Inc.  408-235-7700  analystrelations@fortinet.com

FAQ

How many people has Fortinet trained in cybersecurity so far?

Fortinet has trained more than half a million people in cybersecurity, which is over 50% of their 1 million goal by 2026.

What award did Fortinet win for its cybersecurity training program in 2024?

Fortinet won the 2024 SC Awards for Best Professional Certification Program.

How many virtual internships is Fortinet offering in India for cybersecurity?

Fortinet is partnering to offer 100,000 virtual internships in the field of cybersecurity across India.

What is Fortinet's (FTNT) commitment to addressing the cybersecurity skills gap?

Fortinet (FTNT) has pledged to train 1 million people in cybersecurity by the end of 2026 to address the global cybersecurity skills shortage.