Verizon Announces Strategic Partnership with Accenture to Help Organizations Tackle Emerging Cybersecurity Threats
Verizon Business and Accenture have announced a strategic partnership to develop and deliver advanced cybersecurity solutions. The collaboration aims to help organizations of all sizes combat evolving cyber threats through new as-a-service capabilities. The partnership will initially focus on three key areas: Identity and Access Management (IAM), Managed Extended Detection and Response (MxDR), and cyber risk services.
The initiative combines Verizon's network expertise with Accenture's security capabilities to address various threats including data breaches, phishing attacks, and social engineering. According to Kyle Malady, CEO of Verizon Business, this partnership will be important in scaling their capabilities and delivering innovative security products to meet customer demands.
Verizon Business e Accenture hanno annunciato una partnership strategica per sviluppare e fornire soluzioni avanzate di cybersecurity. La collaborazione mira ad aiutare le organizzazioni di tutte le dimensioni a combattere le minacce informatiche in evoluzione attraverso nuove capacità as-a-service. La partnership si concentrerà inizialmente su tre aree chiave: Gestione dell'Identità e degli Accessi (IAM), Rilevamento e Risposta Estesa Gestita (MxDR) e servizi di gestione del rischio informatico.
L'iniziativa combina l'expertise di Verizon nelle reti con le capacità di sicurezza di Accenture per affrontare varie minacce, tra cui violazioni dei dati, attacchi di phishing e ingegneria sociale. Secondo Kyle Malady, CEO di Verizon Business, questa partnership sarà fondamentale per ampliare le loro capacità e fornire prodotti di sicurezza innovativi per soddisfare le esigenze dei clienti.
Verizon Business y Accenture han anunciado una asociación estratégica para desarrollar y ofrecer soluciones avanzadas de ciberseguridad. La colaboración tiene como objetivo ayudar a organizaciones de todos los tamaños a combatir las amenazas cibernéticas en evolución a través de nuevas capacidades como servicio. La asociación se centrará inicialmente en tres áreas clave: Gestión de Identidad y Acceso (IAM), Detección y Respuesta Extendida Gestionada (MxDR) y servicios de gestión de riesgos cibernéticos.
La iniciativa combina la experiencia en redes de Verizon con las capacidades de seguridad de Accenture para abordar diversas amenazas, incluidas las violaciones de datos, ataques de phishing e ingeniería social. Según Kyle Malady, CEO de Verizon Business, esta asociación será importante para escalar sus capacidades y ofrecer productos de seguridad innovadores que satisfagan las demandas de los clientes.
버라이즌 비즈니스와 액센츄어가 고급 사이버 보안 솔루션을 개발 및 제공하기 위한 전략적 파트너십을 발표했습니다. 이 협력은 모든 규모의 조직이 새로운 서비스로서의 기능을 통해 진화하는 사이버 위협에 맞서 싸우도록 돕는 것을 목표로 합니다. 파트너십은 처음에 세 가지 주요 분야에 집중할 것입니다: 아이덴티티 및 접근 관리 (IAM), 관리형 확장 탐지 및 대응 (MxDR), 및 사이버 위험 서비스.
이 이니셔티브는 Verizon의 네트워크 전문성과 Accenture의 보안 능력을 결합하여 데이터 유출, 피싱 공격 및 사회 공학을 포함한 다양한 위협에 대응합니다. Verizon Business의 CEO인 Kyle Malady에 따르면, 이 파트너십은 그들의 능력을 확장하고 고객의 요구를 충족시키기 위해 혁신적인 보안 제품을 제공하는 데 중요할 것입니다.
Verizon Business et Accenture ont annoncé un partenariat stratégique pour développer et fournir des solutions avancées de cybersécurité. La collaboration vise à aider les organisations de toutes tailles à lutter contre les menaces cybernétiques en évolution grâce à de nouvelles capacités en tant que service. Le partenariat se concentrera d'abord sur trois domaines clés : Gestion des Identités et des Accès (IAM), Détection et Réponse Étendues Gérées (MxDR) et services de gestion des risques cybernétiques.
L'initiative combine l'expertise en réseau de Verizon avec les capacités de sécurité d'Accenture pour faire face à diverses menaces, y compris les violations de données, les attaques de phishing et l'ingénierie sociale. Selon Kyle Malady, PDG de Verizon Business, ce partenariat sera essentiel pour étendre leurs capacités et offrir des produits de sécurité innovants répondant aux demandes des clients.
Verizon Business und Accenture haben eine strategische Partnerschaft angekündigt, um fortschrittliche Cybersecurity-Lösungen zu entwickeln und bereitzustellen. Die Zusammenarbeit zielt darauf ab, Organisationen jeder Größe dabei zu unterstützen, sich gegen sich entwickelnde Cyberbedrohungen durch neue as-a-service-Funktionen zu wehren. Die Partnerschaft wird sich zunächst auf drei Schlüsselbereiche konzentrieren: Identitäts- und Zugriffsmanagement (IAM), Managed Extended Detection and Response (MxDR) und Cyberrisikodienstleistungen.
Die Initiative kombiniert die Netzwerkexpertise von Verizon mit den Sicherheitsfähigkeiten von Accenture, um verschiedene Bedrohungen wie Datenverletzungen, Phishing-Angriffe und Social Engineering zu bekämpfen. Laut Kyle Malady, CEO von Verizon Business, wird diese Partnerschaft wichtig sein, um ihre Fähigkeiten zu skalieren und innovative Sicherheitsprodukte anzubieten, die den Kundenanforderungen entsprechen.
- Strategic partnership enhances VZ's cybersecurity service portfolio
- Expands addressable market to businesses of all sizes
- Strengthens competitive position in growing cybersecurity market
- Significant investment required in new service development
- Potential integration challenges between both companies' systems
Insights
Verizon's strategic partnership with Accenture represents a significant expansion of its cybersecurity capabilities at a critical time. This collaboration creates a powerful combination of Verizon's network infrastructure expertise with Accenture's consulting and implementation strengths in the cybersecurity domain.
The partnership focuses on three high-demand areas: Identity and Access Management (IAM), Managed Extended Detection and Response (MxDR), and cyber risk services – all delivered through a flexible as-a-service model. These security solutions address critical challenges organizations face amid rising threats and regulatory pressures.
This move allows Verizon Business to enhance its service portfolio beyond connectivity, potentially increasing its average revenue per customer while addressing the acute cybersecurity talent shortage plaguing many organizations. By integrating these solutions with Verizon's existing network offerings, the company creates differentiated, bundled solutions that may be difficult for competitors to replicate.
The endorsement from IDC Research indicates this partnership aligns with market trends and customer needs, suggesting Verizon is positioning itself strategically in the growing cybersecurity services market. For Verizon, this represents an opportunity to deepen relationships with enterprise clients while expanding into the underserved mid-market segment that often lacks internal security resources.
This partnership positions Verizon to capitalize on the rapidly growing cybersecurity market, which could meaningfully impact its enterprise services revenue. Verizon Business has been looking to diversify beyond its core connectivity services, and security represents a logical extension with higher margins and recurring revenue potential.
The as-a-service delivery model highlighted in the announcement aligns with enterprise preferences for OpEx over CapEx spending, potentially accelerating adoption and creating more predictable revenue streams. While financial terms weren't disclosed, similar partnerships typically involve revenue sharing arrangements that benefit both parties while limiting upfront investment.
For Verizon, this move builds on CEO Kyle Malady's strategy to strengthen the Business segment through enhanced service offerings beyond traditional telecom. The partnership's focus on scalability suggests Verizon aims to expand its security services to a broader customer base, potentially opening new growth channels outside its traditional large enterprise focus.
The integration of these security capabilities with Verizon's existing network solutions creates cross-selling opportunities within its current customer base while potentially improving retention rates. Security services typically command higher margins than basic connectivity, which could positively impact the Business segment's profitability if execution is strong. The co-innovation component also creates a pipeline for future offerings that could further differentiate Verizon's enterprise portfolio.
What you need to know:
- Verizon Business and Accenture will help customers across all industries and businesses of all sizes become cyber resilient.
- New advanced services will help companies identify security vulnerabilities and detect, respond to and recover from cyberattacks and will be integrated with Verizon’s portfolio of network solutions.
- The partnership will focus on the most pressing areas of risk: identity and access management (IAM), managed extended detection and response (MxDR) and cyber risk services.
NEW YORK, March 03, 2025 (GLOBE NEWSWIRE) -- To address the rapidly evolving cybersecurity landscape, Verizon Business and Accenture today announced a strategic partnership to accelerate the development and delivery of advanced cybersecurity solutions. The agreement aims to help businesses of all sizes mitigate a range of growing threats, from data breaches to phishing attacks to social engineering and beyond.
Combining both companies’ strengths in cybersecurity and networking, the partnership will begin by offering new as-a-service capabilities including Identity and Access Management (IAM)1, Managed Extended Detection and Response (MxDR)2, as well as cyber risk services. Following this initial phase, the partnership will concentrate on co-innovating new solutions.
“Cybersecurity is a top priority for businesses. With our decades of experience in this area, Verizon is committed to offering solutions that protect our customers and keep their data secure,” said Kyle Malady, CEO of Verizon Business. “We are seeing evolving demands from our customers and we are building out new cybersecurity capabilities. Partnering with Accenture will be key to scaling our capabilities and delivering new and innovative products to address our customers’ most pressing needs.”
"The security landscape is growing more complex, driven by emerging technologies, geopolitical uncertainty, global data and cyber security regulations, supply chain risks, and a cyber skills gap. Businesses must prioritize resilience to stay ahead of evolving threats," said Manish Sharma, CEO – Americas, Accenture. “Our solutions, coupled with Verizon’s core network services and deep security expertise will enable businesses to better protect their data and operations against cyber-attacks.”
“Verizon's targeted emphasis on security services offerings, combined with its collaboration with Accenture, enables both companies to effectively address the increasing demand for comprehensive cybersecurity solutions” noted Craig Robinson, IDC Research Vice President, Security & Trust. “This initiative will improve Verizon Business's competitive edge and align its offerings with current market trends and customer needs”
For more information, visit the Verizon & Accenture Partnership page.
About Verizon
Verizon Communications Inc. (NYSE, Nasdaq: VZ) powers and empowers how its millions of customers live, work and play, delivering on their demand for mobility, reliable network connectivity and security. Headquartered in New York City, serving countries worldwide and nearly all of the Fortune 500, Verizon generated revenues of
About Accenture
Accenture is a leading global professional services company that helps the world’s leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth and enhance citizen services—creating tangible value at speed and scale. We are a talent- and innovation-led company with approximately 799,000 people serving clients in more than 120 countries. Technology is at the core of change today, and we are one of the world’s leaders in helping drive that change, with strong ecosystem relationships. We combine our strength in technology and leadership in cloud, data and AI with unmatched industry experience, functional expertise and global delivery capability. Our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Song, together with our culture of shared success and commitment to creating 360° value, enable us to help our clients reinvent and build trusted, lasting relationships. We measure our success by the 360° value we create for our clients, each other, our shareholders, partners and communities. Visit us at accenture.com.
1 Identity and Access Management (IAM) is a security and business discipline that includes multiple technologies and business processes to help the right people or machines to access the right assets at the right time for the right reasons, while keeping unauthorized access and fraud at bay.
2 Managed Extended Detection and Response (MXDR) delivers unified security incident detection and automated response capabilities for security infrastructure managed by a third-party security provider. MXDRs integrate threat intelligence and telemetry data (from multiple sources) with security analytics to provide contextualization and correlation of security alerts; they must also include native sensors.
Media contact:
Carlos Arcila
carlos.arcila@verizon.com
Alison Geib
Accenture
+1 703 947 4404
alison.geib@accenture.com
FAQ
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