STOCK TITAN

Fortinet Report Reveals Cybersecurity Hiring Stalls as Nearly Half of IT Leaders Face Corporate Pushback

(Neutral)
(Negative)
Tags

Fortinet (NASDAQ: FTNT) released the 2026 Global Cybersecurity Skills Gap Report on April 28, 2026, highlighting persistent talent shortages as AI raises both defensive opportunities and new risks. Key findings: 86% of organizations experienced breaches in the past 12 months; 52% report breaches costing >$1M; 91% use or test AI security tools; 92% would pay for employee certifications; Fortinet aims to train 1 million people in cybersecurity this year.

The report stresses board-level investment, targeted training, and hiring from underutilized talent pools to close the gap.

Loading...
Loading translation...

Positive

  • 91% of organizations using or experimenting with AI-powered security tools
  • 92% would pay for employee cybersecurity certifications (up from 73%)
  • Fortinet on track to train 1 million people in cybersecurity in 2026
  • 59% developing internal training or reskilling programs for AI adoption

Negative

  • 86% of organizations reported one or more breaches in the past 12 months
  • 52% report breach costs >$1 million (up from 38% in 2021)
  • 49% of IT leaders struggle to get approval for additional cybersecurity talent
  • 60% cite finding cybersecurity talent with AI experience as top recruiting challenge

News Market Reaction – FTNT

+0.06%
+0.06% Session close to close

In the Apr 28 session, FTNT gained 0.06%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement frames Fortinet’s 2026 Global Cybersecurity Skills Gap Report around high breach i...
Analysis

This announcement frames Fortinet’s 2026 Global Cybersecurity Skills Gap Report around high breach incidence, rising breach costs, and rapid AI adoption. It highlights that 91% of respondents use AI security tools and 92% plan AI-related cyber training, while Fortinet aims to train 1 million people this year. In recent months, Fortinet has paired such thought leadership with AI-driven product updates and ecosystem awards, so investors may track how these workforce and training themes complement its broader platform strategy.

Key Figures

Organizations breached: 86% High-cost breaches: 52% Average breach cost: $2 million +5 more
8 metrics
Organizations breached 86% Organizations reporting one or more breaches in past 12 months
High-cost breaches 52% Organizations saying breaches cost more than $1 million
Average breach cost $2 million Average cost of a breach in North America
Using AI security tools 91% Respondents using or experimenting with AI-powered cybersecurity solutions
AI tools improve teams 84% Respondents saying AI-enhanced tools help IT and security teams
Certification support 92% Leaders willing to pay for employees to get certified
AI cyber training intent 92% Organizations likely to invest in AI-related cybersecurity training in next 12 months
People to be trained 1 million Fortinet’s annual cybersecurity training pledge worldwide

Historical Context

5 past events · Latest: Apr 21 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Apr 21 Partner award win Positive +3.2% Recognition as 2026 Google Cloud Partner of the Year for workload security.
Apr 02 Earnings date set Neutral +1.7% Announcement of first quarter 2026 results release and conference call date.
Mar 10 AI platform launch Positive +0.5% Release of FortiOS 8.0 expanding AI-driven security and secure networking features.
Mar 10 SecOps enhancements Positive +0.5% Advances to security operations platform with unified SOC and agentic AI tools.
Mar 06 Investor briefing Neutral -0.9% Announcement of Accelerate 2026 investor briefing webcast for analysts and investors.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent Fortinet news, especially awards and AI/security product updates, has generally aligned with modestly positive price reactions.

Recent Company History

Over the last few months, Fortinet has highlighted product innovation and ecosystem recognition. On Mar 10, 2026, it announced AI-driven platform upgrades via FortiOS 8.0 and a SecOps platform expansion, both followed by small positive moves of +0.47%. A Google Cloud Partner of the Year award on Apr 21, 2026 coincided with a stronger +3.22% reaction. Neutral items like the investor briefing webcast on Mar 6, 2026 saw a mild -0.89% move. Today’s skills-gap report continues Fortinet’s narrative around AI, security operations, and workforce development.

Key Terms

ai-powered cybersecurity solutions, ai model development
2 terms
ai-powered cybersecurity solutions technical
"91% of respondents are using or experimenting with AI-powered cybersecurity solutions."
AI-powered cybersecurity solutions use machine learning and automated decision-making to spot, block, and respond to digital threats faster than manual methods, acting like a watchful guard or immune system for a company’s networks and data. For investors, they matter because they can lower the risk of costly data breaches, reduce downtime and compliance penalties, and provide a competitive edge, while also introducing operational and model-reliability risks to weigh.
ai model development technical
"Organizations say they require staff with new skillsets to support their adoption of AI, including AI model development (55%)..."
Creating and refining an AI system by collecting data, designing the algorithm, training the model on computing resources, and testing its outputs so it can perform tasks like predicting outcomes, recognizing patterns, or generating language. For investors, this process is where future products, costs and risks are born: faster or more accurate models can boost revenue and competitive advantage, while long development times, large data needs, or regulatory concerns can increase costs and uncertainty — think of it as designing a new engine that will power many future products.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

Cybersecurity skills gap challenges persist in a high-stakes landscape where cybercriminals weaponize AI and IT professionals lack proficiency to use AI defensively

SUNNYVALE, Calif., April 28, 2026 (GLOBE NEWSWIRE) -- Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today released the 2026 Global Cybersecurity Skills Gap Report, revealing the emerging and persistent challenges organizations face as they grapple with ongoing cybersecurity skill shortages and the ever-evolving threat landscape. The global survey’s key findings include:

  • The lack of cybersecurity skills—stemming in part from insufficient investment in cybersecurity talent—remains a top cause of devastating security breaches.
  • Although cyber defenders are effectively leveraging AI-powered tools, upskilling and reskilling are necessary to fully reap the benefits from these advanced technologies.
  • Despite gaps in investment, intentional efforts are being made to attract and retain top-tier cybersecurity talent.

“Cybersecurity is not simply a technical issue but a strategic business risk. This year’s survey suggests that while boards generally recognize the importance of cybersecurity, more investment is needed to address key issues, such as rapidly accelerating AI risks and the ongoing cybersecurity skills shortage. Addressing these issues is critical to business resilience in an increasingly complex threat landscape.” – Dr. Carl Windsor, CISO at Fortinet

Amid High Stakes, Cybersecurity Must Be Prioritized

A lack of cybersecurity skills remains a top cause of devastating security breaches in enterprises. The global survey revealed:

  • The stakes are high: 86% of organizations report one or more breaches in the past 12 months. Fifty-two percent say breaches cost them more than $1 million—up from 38% in 2021. Breaches cost most in North America, with $2 million being the average cost of a breach.
  • Lack of cybersecurity skills remains a top concern: For the third consecutive year, IT leaders cite lack of cybersecurity skills as a top cause of security breaches (56%). Fifty-one percent say that they need senior-level cybersecurity skills most of all, yet 49% struggle to get approval for additional cybersecurity talent. This is surprising as 50% say executives and even board members have faced penalties after a cyberattack, underscoring the risk.

Employees’ use of AI creates new cybersecurity challenges that boards fail to understand. The report shows:

  • AI deployment in the enterprise creates risk: Employee use of AI poses a risk that people don’t fully understand. Only half (50%) of leaders believe their board members are “fully aware” of potential risks from AI use.
  • A new skills gap may emerge: As AI adoption continues, 63% expect more need for AI oversight and governance roles on cybersecurity teams over the next three years.

Despite the gaps in investment, investment in certifications is up year-over-year. Findings from the report demonstrate the following:

  • Willingness to pay for certifications is up: 92% reveal they would pay for an employee to get certified, up from 73% of respondents in the 2025 report.
  • Dedicated initiatives to identify and nurture talent: To source talent from underrepresented groups, 92% use internships, apprenticeships, partnerships, and programs. Seventy-one percent report formal hiring targets for underutilized talent pools.

AI for Cybersecurity Creates Opportunities and Challenges

AI-powered cybersecurity tool adoption is widespread as decision-makers see its potential to support cybersecurity teams with their operations. The survey findings reveal:

  • Broad adoption of AI-powered security tools: 91% of respondents are using or experimenting with AI-powered cybersecurity solutions. Skepticism or uncertainty about AI for cybersecurity is 38%, down from 43% in last year’s report.
  • AI supports today’s IT and security professionals: 84% say AI-enhanced security tools are helping IT and security teams be more effective and efficient. This is critical, as cyber defenders and cybercriminals are now equipped with the same technology; 44% of respondents cite defending against AI cybersecurity attacks as a top concern.

However, AI is widening the cybersecurity skills gap. At the same time, there are multiple efforts to overcome it. Survey respondents share the following:

  • Investment in skills development: 60% of respondents say their top recruiting challenge is finding cybersecurity talent with specific experience in AI. Today, 92% are likely to invest in AI-related cybersecurity training or certifications in the next 12 months.
  • Implementing programs for reskilling: Organizations say they require staff with new skillsets to support their adoption of AI, including AI model development (55%), AI tool oversight (54%), and security automation (52%). Fifty-nine percent of organizations are developing internal training or reskilling programs to support AI adoption, while 52% are procuring training or reskilling from industry vendors.

Business Resilience Requires Investment in Closing the Cybersecurity Skills Gap
Board- and executive-level investment in a layered approach to cybersecurity—one that blends people, processes, and technology—is essential. Organizations should continue tapping into underutilized talent pools and investing in training and upskilling to build and retain the expertise they need. This requires a coordinated approach grounded in three key pillars: raising awareness and education, expanding access to targeted training and certification, and deploying advanced security technologies.

To help organizations address the challenges they face as a result of the cyber skills gap, the award-winning Fortinet Training Institute provides one of the largest and broadest training programs in the industry to make cyber training and new career opportunities available to everyone, and includes a Security Awareness Training service for organizations to develop a cyber-aware workforce.

As part of Fortinet’s commitment to addressing this growing challenge, Fortinet is on track to train 1 million people in cybersecurity around the world this year, a pledge that began in 2022.

About the Fortinet 2026 Global Cybersecurity Skills Gap Report

  • The survey was conducted among 2,750 IT and/or cybersecurity decision-makers from 32 different countries and locations.
  • Survey respondents come from a range of industries; the top three business sectors include technology (22%), manufacturing (16%), and financial services (11%).

Additional Resources

About Fortinet
Fortinet (NASDAQ: FTNT) is a driving force in the evolution of cybersecurity and the convergence of networking and security. Our mission is to secure people, devices, and data everywhere, and today we deliver cybersecurity everywhere you need it with the largest integrated portfolio of over 50 enterprise-grade products. Well over half a million customers trust Fortinet's solutions, which are among the most deployed, most patented, and most validated in the industry. The Fortinet Training Institute, one of the largest and broadest training programs in the industry, is dedicated to making cybersecurity training and new career opportunities available to everyone. Collaboration with esteemed organizations from both the public and private sectors, including CERTs, government entities, and academia, is a fundamental aspect of Fortinet’s commitment to enhance cyber resilience globally. FortiGuard Labs, Fortinet’s elite threat intelligence and research organization, develops and utilizes leading-edge machine learning and AI technologies to provide customers with timely and consistently top-rated protection and actionable threat intelligence. Learn more at https://www.fortinet.com, the Fortinet Blog, and FortiGuard Labs.

Copyright © 2026 Fortinet, Inc. All rights reserved. The symbols ® and ™ denote respectively federally registered trademarks and common law trademarks of Fortinet, Inc., its subsidiaries and affiliates. Fortinet’s trademarks include, but are not limited to, the following: Fortinet, the Fortinet logo, FortiGate, FortiOS, FortiGuard, FortiCare, FortiAnalyzer, FortiManager, FortiASIC, FortiClient, FortiCloud, FortiMail, FortiSandbox, FortiADC, FortiAI, FortiAIOps, FortiAgent, FortiAntenna, FortiAP, FortiAPCam, FortiAuthenticator, FortiCache, FortiCall, FortiCam, FortiCamera, FortiCarrier, FortiCASB, FortiCentral, FortiCNP, FortiConnect, FortiController, FortiConverter, FortiCSPM, FortiCWP, FortiDAST, FortiDB, FortiDDoS, FortiDeceptor, FortiDeploy, FortiDevSec, FortiDLP, FortiEdge, FortiEDR, FortiExplorer, FortiExtender, FortiFirewall, FortiFlex FortiFone, FortiGSLB, FortiGuest, FortiHypervisor, FortiInsight, FortiIsolator, FortiLAN, FortiLink, FortiMonitor, FortiNAC, FortiNDR, FortiPAM, FortiPenTest, FortiPhish, FortiPoint, FortiPolicy, FortiPortal, FortiPresence, FortiProxy, FortiRecon, FortiRecorder, FortiSASE, FortiScanner, FortiSDNConnector, FortiSIEM, FortiSMS, FortiSOAR, FortiSRA, FortiStack, FortiSwitch, FortiTester, FortiToken, FortiTrust, FortiVoice, FortiWAN, FortiWeb, FortiWiFi, FortiWLC, FortiWLM, FortiXDR and Lacework FortiCNAPP.

Other trademarks belong to their respective owners. Fortinet has not independently verified statements or certifications herein attributed to third parties and Fortinet does not independently endorse such statements. Notwithstanding anything to the contrary herein, nothing herein constitutes a warranty, guarantee, contract, binding specification or other binding commitment by Fortinet or any indication of intent related to a binding commitment, and performance and other specification information herein may be unique to certain environments.

Media Contact:Investor Contact:Analyst Contact:
Stephanie Lira
Fortinet, Inc.
408-235-7700
pr@fortinet.com
Anthony Luscri
Fortinet, Inc.
408-235-7700
investors@fortinet.com
Sarah Goodwin
Fortinet, Inc.
408-832-1428
sgoodwin@fortinet.com



FAQ

What did Fortinet (FTNT) report about breach frequency in the 2026 skills gap report?

Most organizations reported breaches: 86% experienced one or more in the past 12 months. According to Fortinet, this underscores persistent risk and the need for stronger talent, training, and board-level investment in cybersecurity.

How common is AI use in cybersecurity according to Fortinet's 2026 report for FTNT investors?

AI adoption is widespread: 91% are using or experimenting with AI-powered cybersecurity tools. According to Fortinet, respondents also report 84% find AI tools improve effectiveness, though oversight and skills gaps remain.

What did Fortinet (FTNT) say about certification and training investment in 2026?

Certification willingness rose to 92% of respondents, up from 73% previously. According to Fortinet, 59% are running internal reskilling programs and 52% buy vendor training to close AI-related skill gaps.

How large are breach costs reported in Fortinet's 2026 Global Cybersecurity Skills Gap Report (FTNT)?

Breach costs are material: 52% of organizations say breaches cost them more than $1 million. According to Fortinet, North America reports the highest average breach cost—about $2 million per incident.

What hiring approval challenges did Fortinet (FTNT) identify for cybersecurity talent in 2026?

About 49% of IT leaders report difficulty getting approval for additional cybersecurity hires. According to Fortinet, this approval gap exists despite executives and board members facing penalties after cyberattacks.

Does Fortinet (FTNT) offer solutions to address the cybersecurity skills gap?

Yes. Fortinet provides broad training via the Fortinet Training Institute and Security Awareness Training services. According to Fortinet, these programs support its pledge to train 1 million people in cybersecurity in 2026.