To tackle the rapidly evolving cybersecurity landscape, Verizon Business and Accenture have announced a strategic partnership aimed at accelerating the development and delivery of advanced cybersecurity solutions. This collaboration seeks to help businesses of all sizes mitigate growing threats, such as data breaches, phishing attacks, and social engineering.

By combining the expertise of both companies in cybersecurity and networking, the partnership will initially offer new as-a-service capabilities, including Identity and Access Management (IAM), Managed Extended Detection and Response (MxDR), and cyber risk services. In the next phase, they will focus on co-innovating new solutions.

“Cybersecurity is a top priority for businesses. With our decades of experience in this area, Verizon is committed to offering solutions that protect our customers and keep their data secure,” said Kyle Malady, CEO of Verizon Business. “We are seeing evolving demands from our customers and we are building out new cybersecurity capabilities. Partnering with Accenture will be key to scaling our capabilities and delivering new and innovative products to address our customers’ most pressing needs.”

"The security landscape is growing more complex, driven by emerging technologies, geopolitical uncertainty, global data and cyber security regulations, supply chain risks, and a cyber skills gap. Businesses must prioritize resilience to stay ahead of evolving threats," said Manish Sharma, CEO – Americas, Accenture. “Our solutions, coupled with Verizon’s core network services and deep security expertise will enable businesses to better protect their data and operations against cyber-attacks.”

“Verizon's targeted emphasis on security services offerings, combined with its collaboration with Accenture, enables both companies to effectively address the increasing demand for comprehensive cybersecurity solutions” noted Craig Robinson, IDC Research Vice President, Security & Trust. “This initiative will improve Verizon Business's competitive edge and align its offerings with current market trends and customer needs”.