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Fortinet Annual Skills Gap Report Reveals Growing Connection Between Cybersecurity Breaches and Skills Shortages

Nearly 90% of organizations experienced a breach in the last year that they can partially attribute to a lack of cyber skills, and 70% attribute increased

articleFortinet, Inc.June 26, 20243/company/fortinet-inc/news/fortinet-annual-skills-gap-report-reveals-growing-connection-between-cybersecurity
Fortinet Annual Skills Gap Report Reveals Growing Connection Between Cybersecurity Breaches and Skills Shortages

About this update from Fortinet, Inc.

[{"type":"text","content":"Nearly 90% of organizations experienced a breach in the last year that they can partially attribute to a lack of cyber skills, and 70% attribute increased cyber risks to the skills gap\nSUNNYVALE, Calif., June 26, 2024 (GLOBE NEWSWIRE) -- John Maddison, Chief Marketing Officer at Fortinet“The results from our latest Global Cybersecurity Skills Gap Report highlight the critical need for a collaborative, multi-faceted approach to closing the skills gap. To effectively mitigate risk and combat today’s complex threats, organizations must employ a strategic combination of leveraging the right security technology, upskilling existing security professionals through training and certifications, and fostering a cyber-aware workforce. As part of Fortinet’s dedication to closing the skills gap through this three-pronged approach, we pledged to train 1 million people in cyber by 2026. As we near the halfway mark of this five-year commitment, we are close to having trained half a million individuals to date.” News Summary Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today released its 2024 Global Cybersecurity Skills Gap Report, which highlights ongoing challenges related to the cybersecurity skills shortage impacting organizations around the globe. Key findings from the report include: Organizations are increasingly attributing breaches to the cyber skills gap.Breaches continue to have significant repercussions for businesses, and executive leaders are often penalized when they happen.Certifications continue to be highly regarded by employers as a validator of current cybersecurity skills and knowledge.Numerous opportunities remain for hiring from diverse talent pools to help address the skills shortage. The Cyber Skills Gap Continues to Impact Companies WorldwideAn estimated 4 million professionals are needed to fill the growing cybersecurity workforce gap. At the same time, Fortinet's 2024 Global Cybersecurity Skills Gap Report found that 70% of organizations indicated that the cybersecurity skills shortage creates additional risks for their organizations. Other findings that highlight the impact of the growing skills gap on companies across the globe include: Organizations are attributing more breaches to a lack of cyber skills. In the past year, nearly 90% of organizationa...

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