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Fortinet Expands its Services and Training Offerings to Further Support SOC Teams in Preventing and Defending Against Cyber Threats

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Fortinet (NASDAQ: FTNT) announced new security operations center (SOC) augmentation services aimed at addressing the global cybersecurity skills gap. With 50% of leaders citing SOC roles as challenging to fill and 80% of organizations suffering breaches due to skill shortages, these initiatives are crucial for enhancing cyber resiliency. The new services, including SOC-as-a-Service and an Outbreak Detection Service, leverage AI and machine learning to streamline alert management. Additionally, the Fortinet Training Institute is expanding access to cybersecurity training to develop the workforce of the future.

Positive
  • Introduction of SOC augmentation services, enhancing SOC teams' capabilities.
  • Expansion of SOC-as-a-Service with AI and ML capabilities, improving alert management.
  • New Outbreak Detection Service providing timely alerts on major cybersecurity events.
  • Enhanced Incident Response and Readiness Services prioritizing proactive prevention.
  • Increased access to advanced training through the Fortinet Training Institute.
Negative
  • None.

Multi-Faceted Approach Accelerates Fortinet’s Global Commitment to Eliminate the Cybersecurity Skills Gap

SUNNYVALE, Calif., Jan. 30, 2023 (GLOBE NEWSWIRE) --

John Maddison, EVP of Products and CMO at Fortinet
“Fortinet builds ML-driven automation into all of its SOC offerings to support short-staffed teams affected by the cybersecurity skills shortage. But technology alone won’t solve this issue, which is why we are dedicated to also delivering human-based SOC augmentation services to provide immediate support, while investing in an industry-leading training institute to close the cybersecurity skills gap. This combination of technology, services, and training enables SOC professionals to better protect their organizations from detection to incident recovery.”

News Summary
Fortinet® (NASDAQ: FTNT), a global leader in broad, integrated, and automated cybersecurity solutions, today announced new security operations center (SOC) augmentation services designed to help strengthen an organization’s cyber resiliency and support short-staffed teams strained by the talent shortage. In addition, as part of Fortinet’s leadership efforts to help close the cyber skills gap, the Fortinet Training Institute has added initiatives across its programs to further increase access to its industry-recognized training and certifications.

Cybersecurity Skills Shortage Prompts a New Approach
The prevailing talent shortage remains one of the top challenges facing SOC teams globally. Fortinet’s 2022 Cybersecurity Skills Gap report found that 50% of global leaders cite security operations as one of the most challenging roles to fill, and 42% are still in need of security operations analysts. Additionally, the same Fortinet survey found that worldwide, 80% of organizations suffered one or more breaches due to a lack of cybersecurity skills and awareness.

A lack of resources and personnel, combined with the sheer volume of security alerts SOC teams receive per day, often results in missed detections and slower responses that increase exposure to cyber risk. SOC teams require an immediate solution to mitigate these challenges through investment in automated and integrated SOC and cybersecurity technologies and experienced professionals to better protect against threats.

New and Enhanced SOC Augmentation Services Provide Immediate Support for Short-Staffed Security Operations Teams

Committed to helping organizations overcome these obstacles, Fortinet’s new and enhanced services help SOC teams reduce their organizations’ cyber risk while freeing up their time to focus on higher-priority projects. These updates include:

  • SOC-as-a-Service (SOCaaS): Fortinet has expanded its SOCaaS offering, which blends FortiGuard cybersecurity experts with Fortinet advanced SOC technology by adding more artificial intelligence (AI) and machine learning (ML) capabilities to additional use cases. These updates enhance the offering’s ability to aggregate security alerts in one single cloud-based dashboard for customers to view actionable intelligence and accelerate resolution, and further enables security operations teams to offload monitoring and detection to Fortinet security experts. With this approach, Fortinet speeds up alert triage, rapidly escalates security incidents, and reduces false-positive alerts for customers.
  • Outbreak Detection Service: A new outbreak detection service is available to customers that alerts subscribers through email as well as automatically within key product user interfaces to major breaking cybersecurity events that have the potential for widespread ramifications. These alerts include critical information about security incidents, such as an attack’s timeline of events and what specific technology has been affected. In addition, the alerts also provide organizations with custom threat hunting to run against logs and identify the potential impact of an attack, as well as recommendations to improve their security posture for better protection in the future.
  • Incident Response and Readiness (IR&R) Services: Fortinet recently added cybersecurity readiness services as part of its Incident Response offering and shifted the purchasing model to prioritize prevention. By providing a suite of proactive prevention-oriented services, such as risk assessments, playbook development, and tabletop exercises as part of the Incident Response and Readiness Services retainer, organizations can strengthen their cyber preparedness, SOC effectiveness, and reduce cyber risk, while still having access to a team of FortiGuard experts to help with rapid containment and remediation in the event of a cyberattack. In response to an accelerated demand for these services around the globe, Fortinet is also expanding its headcount dedicated to IR&R and SOC automation capabilities to allow more enterprises to have access to the offering.

Expanding Cyber Skills Through the Fortinet Training Institute
While the new and enhanced SOC augmentation services provide immediate relief to strained teams, a long-term investment in continued learning and advancing cyber skills is just as critical to keep up with the ever-changing threat landscape. As part of Fortinet’s longstanding commitment to eliminate the skills gap, the Fortinet Training Institute offers award-winning, multi-level training and certifications to security professionals seeking to advance and upskill their knowledge in key cybersecurity areas. These programs also help untap new talent pools to help build the cyber workforce of the future, with a focus on providing training opportunities for women, veterans, students, and underserved populations. Some recent updates across programs include:

  • Increasing Access to Advanced Technical Training: Fortinet has made the practical exam for NSE level 8 more accessible for IT and security professionals everywhere. Both the written and practical portions of the exam are now available in an online, proctored format, making the highest and most elite level of the Network Security Expert (NSE) Certification program more accessible to security professionals around the world.
  • Supporting the Advancement of Women Professionals in Cybersecurity: The first women cohort of the Fortinet and Women in Cybersecurity (WiCyS) bootcamp completed the program, which offered 100 WiCyS members access to Fortinet’s NSE level 4 training and labs for free, technical mentors, exam vouchers, and more. Fortinet has also awarded five of the program participants with scholarships to attend the annual WiCyS Conference March 16–18, where they will have access to cyber leaders and employers.
  • Developing Cybersecurity Skills in Youth: To further develop the cyber workforce of the future, Fortinet is sponsoring various cybersecurity-based competitions for students in varying academic levels, ranging from middle school to college. This includes being a platinum sponsor of MITRE Engenuity’s Embedded Capture the Flag (eCTF) 12-week competition and a category sponsor for the Carnegie Mellon Capture the Flag competition.

Through these initiatives, Fortinet is progressing toward the company’s pledge to train 1 million people in cybersecurity by 2026. Additionally, Fortinet’s new and enhanced SOC augmentation services build on its expansive services portfolio backed by FortiGuard Labs. With today’s announcement, Fortinet remains committed to alleviating the challenges associated with the cybersecurity talent shortage by helping organizations better manage cyber risks with ML-driven automation, services, and increased access to training.

Additional Resources

About Fortinet
Fortinet (NASDAQ: FTNT) makes possible a digital world that we can always trust through its mission to protect people, devices, and data everywhere. This is why the world’s largest enterprises, service providers, and government organizations choose Fortinet to securely accelerate their digital journey. The Fortinet Security Fabric platform delivers broad, integrated, and automated protections across the entire digital attack surface, securing critical devices, data, applications, and connections from the data center to the cloud to the home office. Ranking #1 in the most security appliances shipped worldwide, more than 615,000 customers trust Fortinet to protect their businesses. And the Fortinet NSE Training Institute, an initiative of Fortinet’s Training Advancement Agenda (TAA), provides one of the largest and broadest training programs in the industry to make cyber training and new career opportunities available to everyone. Learn more at https://www.fortinet.com, the Fortinet Blog, and FortiGuard Labs.

FTNT-O

Copyright © 2023 Fortinet, Inc. All rights reserved. The symbols ® and ™ denote respectively federally registered trademarks and common law trademarks of Fortinet, Inc., its subsidiaries and affiliates. Fortinet’s trademarks include, but are not limited to, the following: Fortinet, the Fortinet logo, FortiGate, FortiOS, FortiGuard, FortiCare, FortiAnalyzer, FortiManager, FortiASIC, FortiClient, FortiCloud, FortiMail, FortiSandbox, FortiADC, FortiAI, FortiAIOps, FortiAntenna, FortiAP, FortiAPCam, FortiAuthenticator, FortiCache, FortiCall, FortiCam, FortiCamera, FortiCarrier, FortiCASB, FortiCentral, FortiConnect, FortiController, FortiConverter, FortiCWP, FortiDB, FortiDDoS, FortiDeceptor, FortiDeploy, FortiDevSec, FortiEdge, FortiEDR, FortiExplorer, FortiExtender, FortiFirewall, FortiFone, FortiGSLB, FortiHypervisor, FortiInsight, FortiIsolator, FortiLAN, FortiLink, FortiMoM, FortiMonitor, FortiNAC, FortiNDR, FortiPenTest, FortiPhish, FortiPlanner, FortiPolicy, FortiPortal, FortiPresence, FortiProxy, FortiRecon, FortiRecorder, FortiSASE, FortiSDNConnector, FortiSIEM, FortiSMS, FortiSOAR, FortiSwitch, FortiTester, FortiToken, FortiTrust, FortiVoice, FortiWAN, FortiWeb, FortiWiFi, FortiWLC, FortiWLM and FortiXDR. Other trademarks belong to their respective owners. Fortinet has not independently verified statements or certifications herein attributed to third parties and Fortinet does not independently endorse such statements. Notwithstanding anything to the contrary herein, nothing herein constitutes a warranty, guarantee, contract, binding specification or other binding commitment by Fortinet or any indication of intent related to a binding commitment, and performance and other specification information herein may be unique to certain environments.

     
Media Contact: Investor Contact: Analyst Contact:
Camille Burdge Peter Salkowski Brian Greenberg
Fortinet, Inc. Fortinet, Inc. Fortinet, Inc.
408-235-7700 408-331-4595 408-235-7700
pr@fortinet.com psalkowski@fortinet.com analystrelations@fortinet.com

 


FAQ

What are the new services introduced by Fortinet to address cybersecurity skills shortages?

Fortinet has introduced SOC augmentation services, including SOC-as-a-Service, Outbreak Detection Service, and enhanced Incident Response and Readiness Services.

How does Fortinet plan to close the cybersecurity skills gap?

Fortinet aims to close the skills gap by expanding its Training Institute and increasing access to cybersecurity training and certifications.

What impact do the new SOC services have on cybersecurity teams?

The new SOC services provide immediate support to short-staffed teams and help reduce cyber risks while allowing teams to focus on high-priority projects.

According to Fortinet, what percentage of organizations have experienced breaches due to lack of cybersecurity skills?

Fortinet's survey found that 80% of organizations suffered breaches attributed to a lack of cybersecurity skills and awareness.

When was the press release by Fortinet published?

The press release was published on January 30, 2023.

Fortinet, Inc.

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