Please replace the release with the following corrected version.
The corrected release reads:
ARROW ELECTRONICS AND ON2IT ANNOUNCE MANAGED SECURITY PLATFORM FOR ADVANCED SECURITY OPERATIONS CENTER-AS-A-SERVICE CAPABILITIES
Arrow Electronics, Inc. (NYSE:ARW) and ON2IT, the Zero Trust Innovators and provider of advanced security monitoring and remediation capabilities, have teamed on security operations center as-a-service.
Built on Palo Alto Networks technology, including Next Generation Firewalls, Cortex XDR, Traps and the combination of Managed Next-Generation Firewall and Managed Traps gives customers the ability to provide better security for their businesses. The offering incorporates a deep skillset of security operations center analysts, best-in-breed technology, and the flexibility of a managed service. This allows organizations to spend time on their business instead of repeated IT tasks.
“Teaming with ON2IT gives customers the ability to provide advanced security operations without the massive investment and training of an ‘in-house’ security operations center,” said Jesper Trolle, president of Arrow’s enterprise computing solutions business in North America. “Our channel partners can now help provide their customers a better overall security posture, reducing risk, monitoring for threats, and having the knowledge that they have expert resources to assist them. Security has become a key part of any business strategy, and ON2IT and Arrow are making it simpler for businesses to improve their security and reduce their risk.”
“We are excited to see Arrow and ON2IT continuing to build differentiated managed services offerings based on Palo Alto Networks technologies,” said Shailesh Rao, senior vice president, Cortex by Palo Alto Networks. “Managed security service adoption is a growing trend, and our products are quickly becoming the platform of choice for service providers, including Cortex XDR for detection and response. Our customers can focus investment on strategic business initiatives and achieve a mature security posture whether they have an in-house security team using our products, or an outsourced provider managing them.”
“ON2IT has over 14 years of delivering managed security services and, our North American go-to-market approach is uniquely developed to enable the Arrow and the Palo Alto Networks channel to execute on delivery of these important client services,” said Ron Myers, chief revenue officer of ON2IT and former senior vice president of global channels for Palo Alto Networks.
About Arrow Electronics
Arrow Electronics (NYSE:ARW) guides innovation forward for over 200,000 leading technology manufacturers and service providers. With 2018 sales of $30 billion, Arrow develops technology solutions that improve business and daily life.
ON2IT is a global pure-play cybersecurity service provider. ON2IT combines its innovative Zero Trust Security Automation & Orchestration Platform with a team of security analysts who can respond in real time to disrupting security events. The ON2IT Zero Trust SOC analysts hunt for, investigate and respond to known and unknown threats and effectively become an extension of your in-house team.
ON2IT has more than a decade of experience in helping its worldwide customers comply with growing regulatory requirements, such as Europe’s General Data Protection Regulation (GDPR), and can offer maximum assurance that client’s businesses are not compromised. Clients have immediate access to ON2IT experts without the challenge of hiring and retaining skilled forensic professionals.