Palo Alto Networks Establishes World-Class Cybersecurity Consulting Group

Rhea-AI Summary

Palo Alto Networks (PANW) announced the establishment of a new cybersecurity consulting group called Unit 42 at the Cortex Symphony 2021. This group merges experienced security consultants from Crypsis with the established threat research team, addressing over 1,300 cyber incidents annually. The initiative aims to combat rising cyber threats like ransomware and espionage, enhancing rapid response capabilities and expanding services internationally. This move emphasizes the critical need for up-to-date threat intelligence and expert support amidst increasing cyberattacks.

Positive

• Launch of a new cybersecurity consulting group, Unit 42, enhancing Palo Alto Networks' service offerings.
• Combines expertise from security consultants and threat researchers, improving response to cyber incidents.
• Expansion of services into Asia, Europe, and the Middle East, increasing market reach.

Negative

• None

SANTA CLARA, Calif., April 20, 2021 /PRNewswire/ -- CORTEX SYMPHONY 2021 — Palo Alto Networks (NYSE: PANW) today announced it is establishing a new cybersecurity consulting group to help enterprises respond to emerging threats as they navigate an increase in costly, crippling cyberattacks.

The newly expanded Unit 42 combines formerly Crypsis security consultants, who respond to 1,300+ incidents a year, with the company's veteran Unit 42 threat research team, which has been fighting emerging cyberthreats since 2014. Together, they will help organizations tackle the most complex cyberthreats — from ransomware to state-sponsored espionage — bringing a relentless passion for protecting our digital way of life.

"Our increasing reliance on technology has turned cybersecurity into an existential matter," said Wendi Whitmore, senior vice president of cyber consulting and threat intelligence at Palo Alto Networks. "We wake up every day focused on collecting and analyzing the most up-to-date threat intelligence and applying our analysis to respond to cyberattacks."

The combined team will deliver a powerful set of services that enable organizations to respond to threats more rapidly than ever and will introduce new proactive services that closely complement Palo Alto Networks product offerings. It will also expand incident response services to more countries in Asia, Europe and the Middle East.

"The evolving threat landscape has made it imperative for organizations to have access to up-to-date threat intelligence on emerging threats, as well as support from experts with deep experience responding to breaches," said Chris Kissel, research director, Security & Trust Products at IDC.

The newly expanded Unit 42 will continue to build on what is already one of the world's most respected brands in cybersecurity. Since it was founded in 2014, Unit 42 has produced more than 650 reports and regularly partners with governments around the globe to fight cybercrime. The group was named as a nod to the number 42 in the comedic science fiction novel "The Hitchhiker's Guide to the Galaxy" because it focuses on providing "the Answer to the Ultimate Question of Life, the Universe, and Everything" — for cyberthreats.

Palo Alto Networks unveiled its plans for Unit 42 at Cortex Symphony 2021, a virtual security operations conference bringing together thought leaders in cybersecurity who provide insights into the attack surface and securing the future. 

For more information:

• To register for Symphony 2021, click here. You can watch Wendi Whitmore describe her plans for Unit 42 in her keynote.
• All Symphony sessions — including keynotes by Nir Zuk, Palo Alto Networks founder and CTO, and Tim Junio, senior vice president of product management for Cortex – will be available through May 19.

About Palo Alto Networks
Palo Alto Networks, the global cybersecurity leader, is shaping the cloud-centric future with technology that is transforming the way people and organizations operate. Our mission is to be the cybersecurity partner of choice, protecting our digital way of life. We help address the world's greatest security challenges with continuous innovation that seizes the latest breakthroughs in artificial intelligence, analytics, automation, and orchestration. By delivering an integrated platform and empowering a growing ecosystem of partners, we are at the forefront of protecting tens of thousands of organizations across clouds, networks, and mobile devices. Our vision is a world where each day is safer and more secure than the one before. For more information, visit www.paloaltonetworks.com.

Palo Alto Networks, Unit 42, Cortex, and the Palo Alto Networks logo are 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.

 

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SOURCE Palo Alto Networks, Inc.

FAQ

What is the new group established by Palo Alto Networks (PANW)?

Palo Alto Networks has established a new cybersecurity consulting group called Unit 42.

Why was Unit 42 created by Palo Alto Networks (PANW)?

Unit 42 was created to help enterprises respond to increasing cyber threats and enhance their cybersecurity capabilities.

What services will the new Unit 42 provide?

Unit 42 will deliver services to rapidly respond to threats, along with new proactive cybersecurity services.

When was the announcement of the new Unit 42 made?

The announcement was made on April 20, 2021, during the Cortex Symphony 2021 event.

How does Unit 42 enhance Palo Alto Networks' offerings?

Unit 42 expands Palo Alto Networks' capabilities by combining security consulting with threat research expertise.