- Verizon Business and Accenture form strategic partnership to enhance cybersecurity solutions for enterprises.
- Collaboration focuses on Identity and Access Management (IAM), Managed Extended Detection and Response (MxDR), and cyber risk services.
What happened: Strengthening cyber resilience for enterprises
Verizon Business and Accenture have announced a strategic partnership to enhance cybersecurity solutions for mid-market and large enterprises. The collaboration will provide an integrated suite of services to identify vulnerabilities, detect threats, and help businesses respond to and recover from cyberattacks. Key areas include Identity and Access Management (IAM), Managed Extended Detection and Response (MxDR), and cyber risk services.
Cybersecurity is increasingly critical. The 2024 Verizon Data Breach Investigations Report highlights an 180% surge in vulnerability exploitation over the past year. To address this, Verizon and Accenture are combining their expertise in network services and security. They aim to offer comprehensive solutions to tackle emerging technologies, geopolitical uncertainties, global regulations, supply chain risks, and the ongoing cyber skills gap.
In the initial phase, the partnership will distribute select security solutions across both companies’ networks. Future plans include co-innovating new cybersecurity products. This collaboration is expected to enhance Verizon Business’s competitive edge and align its offerings with current market trends and customer needs.
Also read: Nexion expands cybersecurity offerings in southeast asia
Also read: Mitiga secures $30m to expand cybersecurity services
Why it’s important:
The partnership between Verizon Business and Accenture reflects the urgent need for enhanced cybersecurity measures in today’s digital landscape. Cyber threats are becoming more sophisticated, and businesses need robust solutions to protect their data and operations. This collaboration leverages the combined expertise of Verizon and Accenture to deliver comprehensive security services, addressing key areas such as IAM, MxDR, and cyber risk management.
It aims to improve cyber resilience for enterprises and help them stay ahead of evolving threats. This initiative aligns with market trends and customer demands, ensuring that both companies remain competitive in the rapidly growing cybersecurity market.
