IBM Consulting and Palo Alto Networks Announce Expansion of Key Strategic Cybersecurity Partnership

Rhea-AI Summary

IBM (NYSE: IBM) and Palo Alto Networks (NASDAQ: PANW) have expanded their strategic partnership to strengthen end-to-end security postures and navigate evolving security threats. The collaboration aims to enhance enterprise security, accelerate cloud transformation, and provide advanced AI security operations. IBM Consulting will be a premier security services partner for Palo Alto Networks, and Palo Alto Networks will be in a select group of strategic IBM Consulting partners.

Positive

• Strategic partnership expansion to better enable clients to strengthen their end-to-end security postures
• Jointly offer enhanced security solutions integrating Palo Alto Networks security technologies
• Focus on modernizing security operations and securing cloud transformations
• Leverage Prisma Cloud by Palo Alto Networks to accelerate clients' journey to the cloud
• IBM Consulting's wide breadth and depth of expertise across cloud and enterprise application security

Negative

• None.

Collaboration drives end-to-end enterprise security, advancing AI security operations and accelerating cloud transformation 

ARMONK, N.Y. and SANTA CLARA, Calif., Dec. 4, 2023 /PRNewswire/ -- IBM (NYSE: IBM) Consulting and Palo Alto Networks (NASDAQ: PANW) today announced that they will expand their strategic partnership to better enable clients to strengthen their end-to-end security postures and navigate evolving security threats. Palo Alto Networks, a global cybersecurity leader, will be in a select group of strategic IBM Consulting partners and IBM Consulting will be a premier security services partner for Palo Alto Networks.

"With cloud, data, and technology serving as the lifeblood of most businesses today, cybersecurity threats now represent an existential risk to organizations' core operating models - making it crucial for security leaders to work together for the good of our mutual clients," said Mohamad Ali, Chief Operating Officer of IBM Consulting. "Our relationship with Palo Alto Networks as a select strategic partner is a testament to IBM's open and collaborative approach to cybersecurity. By bringing together best-of-breed AI, security technology, and consulting expertise from both companies, we can help clients create a strong security program that can adapt and scale with future threats."

"The speed and scale of threats are accelerating, with many attackers exfiltrating data in less than 24 hours from the initial compromise of an organization," said BJ Jenkins, President of Palo Alto Networks. "Organizations today need the right cybersecurity partners to keep up with the pace of the ever-changing threat landscape. We are thrilled to expand our longstanding partnership with IBM to help our joint clients mitigate risk and protect critical data assets with industry-leading, AI-powered solutions, cloud security, and services."

As part of this relationship, the companies will jointly offer enhanced security solutions delivered by IBM Consulting Cybersecurity Services, integrating Palo Alto Networks security technologies. The expanded partnership will initially focus on two key areas: helping companies modernize their security operations and securing cloud transformations.

Transforming and Managing Next Generation Security Operations Centers
The first new offering will combine IBM Consulting Cybersecurity Services expertise with Palo Alto Networks Cortex platform to provide clients with autonomous and advanced managed security operations.

The offering will leverage multiple layers of advanced AI and automation from both IBM Consulting and Palo Alto Networks technologies. Specifically, IBM Consulting's Threat Detection and Response Services - which support a wide range of security technologies - will be jointly offered with Palo Alto Networks Cortex XSIAM, an AI-driven security operations platform for the modern SOC designed to simplify security operations, help stop threats at scale, and accelerate incident remediation. Notably, Cortex XSIAM's latest capability allows customers to add their own custom AI models on the Cortex data lake in addition to the existing 1,300+ models.

As part of this service, IBM Consulting will provide 24x7 monitoring, investigation, and automated remediation of security alerts along with resources to drive continuous improvement around cyber threat intelligence, threat hunting capabilities and cyber risk reduction. IBM will also help clients design, build and modernize their security operations centers.

To further accelerate client success, IBM Consulting has already trained its sales, technical support, and delivery teams on Cortex XSIAM, and will continue with additional trainings over the coming months.

Securing Hybrid Cloud Transformation
The two companies will further accelerate clients' journey to the cloud by leveraging Prisma Cloud by Palo Alto Networks together with IBM Consulting services - providing a range of customized services that include holistic security posture assessment, developing secure applications, implementation, and ongoing protection and investigation services. Prisma Cloud protects the entire cloud-native application lifecycle – from Code to Cloud™– helping to identify risks and remediate before they reach production environments. Prisma Cloud fosters engineering and security team collaboration with a shared understanding of securing applications and maximizing their performance. This new joint offering will build on IBM Consulting's strong ecosystem approach, working closely with industry leading partners to help companies secure their hybrid cloud transformation.

Organizations will have access to IBM Consulting's wide breadth and depth of expertise across cloud and enterprise application security and the option for tailored education and training programs.

Today's news builds on the recent announcement that IBM X-Force partnered with Palo Alto Networks to complement its existing, industry leading capabilities with the Cortex product portfolio.

About IBM
IBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs, and gain the competitive edge in their industries. More than 4,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM's hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM's breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM's legendary commitment to trust, transparency, responsibility, inclusivity and service.

About Palo Alto Networks
Palo Alto Networks is the world's cybersecurity leader. We innovate to outpace cyberthreats, so organizations can embrace technology with confidence. We provide next-gen cybersecurity to thousands of customers globally, across all sectors. Our best-in-class cybersecurity platforms and services are backed by industry-leading threat intelligence and strengthened by state-of-the-art automation. Whether deploying our products to enable the Zero Trust Enterprise, responding to a security incident, or partnering to deliver better security outcomes through a world-class partner ecosystem, we're committed to helping ensure each day is safer than the one before. It's what makes us the cybersecurity partner of choice.

At Palo Alto Networks, we're committed to bringing together the very best people in service of our mission, so we're also proud to be the cybersecurity workplace of choice, recognized among Newsweek's Most Loved Workplaces (2023, 2022, 2021), with a score of 100 on the Disability Equality Index (2023, 2022), and HRC Best Places for LGBTQ Equality (2022). For more information, visit www.paloaltonetworks.com.

Palo Alto Networks, Cortex, Cortex XSIAM, and the Palo Alto Networks logo are registered trademarks of Palo Alto Networks, Inc. in the United States and in jurisdictions throughout the world. All other trademarks, trade names, or service marks used or mentioned herein belong to their respective owners. Any unreleased services or features (and any services or features not generally available to customers) referenced in this or other press releases or public statements are not currently available (or are not yet generally available to customers) and may not be delivered when expected or at all. Customers who purchase Palo Alto Networks applications should make their purchase decisions based on services and features currently generally available.

Media Contacts:
Cassy Lalan
Communications, IBM
cllalan@us.ibm.com

Taryn Dawson
Corporate Communications, Palo Alto Networks
tdawson@paloaltonetworks.com 

 

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SOURCE IBM

FAQ

What is the strategic partnership between IBM and Palo Alto Networks about?

The strategic partnership aims to enhance enterprise security, accelerate cloud transformation, and provide advanced AI security operations. IBM Consulting will be a premier security services partner for Palo Alto Networks, and Palo Alto Networks will be in a select group of strategic IBM Consulting partners.

What are the key areas of focus for the expanded partnership?

The expanded partnership will initially focus on modernizing security operations and securing cloud transformations.

What is the joint offering of IBM Consulting Cybersecurity Services and Palo Alto Networks?

The joint offering will provide enhanced security solutions integrating Palo Alto Networks security technologies, focusing on modernizing security operations and securing cloud transformations.

What is Prisma Cloud by Palo Alto Networks and how will it be leveraged in the partnership?

Prisma Cloud protects the entire cloud-native application lifecycle – from Code to Cloud™– helping to identify risks and remediate before they reach production environments. It will be leveraged with IBM Consulting services to accelerate clients' journey to the cloud.

What recent partnership has IBM X-Force announced with Palo Alto Networks?

IBM X-Force partnered with Palo Alto Networks to complement its existing capabilities with the Cortex product portfolio.