Fortinet And IBM Cloud Collaborate To Help Clients Protect Their Workloads From Increased Cybersecurity Threats
Fortinet News, Wednesday, April 10th, 2024
Jay Jubran, Director, IBM Cloud Product Management and Infrastructure Services IBM and Vince Hwang, Senior Director, Cloud Security at Fortinet
As we see today's threat landscape grow more sophisticated, we believe companies must do everything they can to stay ahead of costly security challenges. The 2023 Cost of a Data Breach Report, sponsored by IBM, found that the global average cost of a data breach reached $4.45 million in 2023, which was a 15% increase over the last three years. The report also found that detection and escalation costs jumped 42% over this same time frame. With clients reporting that they are facing new network and application threats, it's critical to have the right ecosystem of technology partners that can unite around a shared mission of protecting their clients from risk.