Press release

Fortinet Annual Skills Gap Report Uncovers an Increase in Breaches Attributed to a Lack of Cybersecurity Skills

New Fortinet research reveals escalating cyber risks due to the ongoing talent shortage while the number of organizations experiencing five or more breaches

articleFortinet, Inc.March 21, 20234/company/fortinet-inc/news/fortinet-annual-skills-gap-report-uncovers-an-increase-in-breaches-attributed-to-a-0
Fortinet Annual Skills Gap Report Uncovers an Increase in Breaches Attributed to a Lack of Cybersecurity Skills

About this update from Fortinet, Inc.

[{"type":"text","content":"New Fortinet research reveals escalating cyber risks due to the ongoing talent shortage while the number of organizations experiencing five or more breaches jumped by 53%\nSUNNYVALE, Calif., March 21, 2023 (GLOBE NEWSWIRE) -- John Maddison, EVP of Products and CMO at Fortinet“The cybersecurity talent shortage is one of the top challenges putting organizations at risk, as clearly demonstrated by the results of the latest Global Cybersecurity Skills Gap Report from Fortinet. In today’s climate, organizations must choose products that introduce automation to offload overworked teams while continuing to focus on upskilling and cybersecurity training.” News Summary Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today released its 2023 Global Cybersecurity Skills Gap Report, which reveals ongoing challenges related to the cybersecurity skills shortage affecting organizations worldwide. Key findings from the global report include: The cybersecurity skills shortage has contributed to critical IT positions not being filled, which increases organizations’ cyber risks, such as breaches.Cybersecurity remains a priority for boards of directors and there is executive demand for increased IT security headcount.Technology-focused certifications are highly regarded by employers, serving as validation of skill sets.Organizations recognize the advantage of recruiting and retaining diverse talent to help address the skills shortage, but doing so has presented a challenge. The Costly Reality of the Increasing Cybersecurity Skills Gap An estimated 3.14 million professionals are needed to fill the global cybersecurity workforce gap. At the same time, the 2023 Global Cybersecurity Skills Gap Report found that the number of organizations experiencing five or more breaches jumped by 53% from 2021 to 2022. One repercussion of this is that many short-staffed cybersecurity teams are burdened and strained as they try to keep up with thousands of daily threat alerts and attempt to manage disparate solutions to properly protect their organization’s devices and data. Additionally, as a result of unfilled IT positions due to the cyber skills shortage, the report also found that 68% of organizations indicate they face additional cyber risks. Other findings highlighting increased cyber risks that could...

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