Palo Alto Networks and IBM forge security alliance to tackle cyber threats

Palo Alto Networks and IBM have teamed up to provide AI-powered security solutions, aiming to address the escalating cybersecurity challenges posed by the expanding enterprise technology landscape.

Palo Alto Networks is a global cybersecurity leader and specializes in delivering innovative security solutions to protect organizations against cyber threats and breaches.

IBM meanwhile is a leading provider of hybrid cloud and AI solutions and offers a wide range of technology services, consulting, and enterprise solutions to help businesses navigate digital transformation and enhance their security posture.

The partnership entails Palo Alto Networks acquiring IBM’s QRadar SaaS assets, including intellectual property rights, to further bolster its Cortex XSIAM platform with advanced AI-powered threat protection capabilities. IBM will continue to support on-premises QRadar clients and collaborate with Palo Alto Networks to ensure a smooth transition for migrating clients.

Nikesh Arora, Chairman and CEO of Palo Alto Networks, highlighted the transformative potential of AI in the security industry, emphasizing the combined strengths of both companies in driving innovation and delivering secure-by-design offerings.

Arvind Krishna, Chairman and CEO of IBM, underscored the strategic significance of the partnership, emphasizing the benefits of advanced threat protection and automation powered by Cortex XSIAM and watsonx, coupled with IBM Consulting services.

IBM Consulting will serve as a preferred Managed Security Services Provider (MSSP) for Palo Alto Networks customers, with plans to establish a joint Security Operations Center and Cyber Range to enhance security capabilities and customer experiences.

“Nikesh Arora, Chairman and CEO, Palo Alto Networks, said: “The security industry is at an inflection point where AI will transform businesses and deliver outcomes not seen before. It’s a moment to accelerate growth and innovation. Together with IBM, we will capitalize on this trend, combining our leading security solutions with IBM’s pioneering watsonx AI platform and premier services to drive the future of security platformization with complete, AI-powered, secure-by-design offerings.”

“Arvind Krishna, Chairman and CEO, IBM, said, “Strategic partnerships like the one we’re announcing today with Palo Alto Networks bring with them significant benefits across the industry. Advanced threat protection and automation, underpinned by Cortex XSIAM and watsonx, and coupled with IBM Consulting, will speed client and partner adoption of next-generation security operations.

“We’ll deliver these capabilities with Palo Alto Networks, and accelerate our security investments and innovation in areas like data security and identity and access management. These are critical offerings that our clients need when protecting their data, hybrid cloud environments, AI models and applications. We are delighted to be partnering with the Palo Alto Networks team and we are excited about the future of AI-powered cybersecurity innovation.””

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