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Fortinet and Palo Alto Networks Co-found the Industry’s First Cyber Defense Consortium
Posted: Fri May 30, 2014 01:41:31 PM
 

Fortinet

Two leaders in security drive a coordinated industry effort against cybercrime and cyber criminals.

Sunnyvale, CA and Santa Clara, CA, May 30, 2014 - Fortinet (NASDAQ: FTNT) and Palo Alto Networks (NYSE: PANW), leading innovators in network security, have co-founded the industry’s first cyber defense consortium. The mission of this consortium is to drive a coordinated industry effort against cybercrime and cyber criminals through deep collaboration on threat intelligence and sharing of preventative measures.

The industry will benefit from this joint effort in 3 ways:

  1. Better cross-industry, cross-vendor threat intelligence
  2. Better coordination of incident response
  3. Better prevention of cyber attacks using advanced malware

“At Fortinet we look forward to collaborating with Palo Alto Networks to continue to improve network security,” said Ken Xie, Fortinet’s Chairman and CEO. “We look forward to combining our threat resources to offer customers innovative ways to more comprehensively combat modern day dynamic, sophisticated threats.

“We are pleased to work with another respected innovator like Fortinet to join forces in the ongoing battle against the rapidly evolving threats stemming from advanced malware and APTs,” said Mark McLaughlin, Chairman, President and CEO of Palo Alto Networks. “The consortium is a clear response to the demands from the industry for a coordinated response from their technology vendors.”

 
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