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Press release from Business Wire

University of Phoenix and the (ISC)2® Foundation Announce New Scholarship Collaboration

<p class='bwalignc'> <i>Five full-tuition scholarships will be offered to Information Security and Technology students</i> </p>

Thursday, June 13, 2013

University of Phoenix and the (ISC)2® Foundation Announce New Scholarship Collaboration

08:00 EDT Thursday, June 13, 2013

CLEARWATER, Fla. & PHOENIX (Business Wire) -- University of Phoenix, a subsidiary of Apollo Group, Inc. (NASDAQ: APOL), in conjunction with the (ISC)2 Foundation®, a non-profit charitable trust that aims to make the cyber world safer by supporting cyber security education and awareness, is proud to announce the establishment of five full-tuition scholarships.

(ISC)2's sixth annual Global Information Security Workforce Study (GISWS) revealed that the lack of skilled and qualified information technology professionals across the nation is having a negative impact on both companies and consumers and causing a global economic ripple effect. In fact, 56 percent of survey respondents indicated that the staffing shortage is having a significant impact on their organization. Security concerns indicated by respondents included brand damage, breaches of laws and regulations, service downtime, customer privacy violations, and customer identity and corporate intellectual property theft.

Cyber security and information assurance comprehension are must-have skills in today's workplace. Rapidly changing technology and workforce demands have broadened the nationwide skills gap – the disparity between the skills that employers require and those that employees possess. Today, there are simply not enough skilled IT security professionals available to fill positions in education, healthcare, manufacturing, retail, and many other industries.

“We cannot continue with such a profound staffing and skills shortage – educating tech security professionals should be among our nation's top priorities,” said Julie Peeler, Foundation director at (ISC)2. “We are proud to collaborate with University of Phoenix to sponsor these scholarships and provide learning and career opportunities to the next generation of information security experts.”

“At University of Phoenix, we are dedicated to providing our students with relevant degree programs,” said Dr. Tim Welsh, Senior Vice President, Industry Strategy Group at University of Phoenix. “There is a clear demand for information security professionals in the workforce today. Collaborating with (ISC)2 is one of the many ways we hope to better align our technology programs at University of Phoenix with industry staffing needs.”

Each full-tuition scholarship will be awarded to an undergraduate or master's student seeking a degree within the College of Information Systems and Technology at University of Phoenix. Students may choose to attend a local University of Phoenix campus or online. To learn more about University of Phoenix's scholarship offerings, please visit www.phoenix.edu/isc2scholar.

About The (ISC)² Foundation

The (ISC)2 Foundation is a non-profit charitable trust that aims to make the cyber world safer for everyone by supporting cyber security education and awareness in the community through its programs and the efforts of its members. Through the (ISC)2 Foundation, (ISC)2's global information security expert membership of nearly 90,000 seek to ensure that children everywhere have a positive, productive, and safe experience online, to spur the development of the next generation of cyber security professionals, and to illuminate major issues facing the industry now and in the future. For more information, please visit www.isc2cares.org.

About (ISC)²

(ISC)² is the largest not-for-profit membership body of certified information security professionals worldwide, with nearly 90,000 members in more than 135 countries. Globally recognized as the Gold Standard, (ISC)² issues the Certified Information Systems Security Professional (CISSP®) and related concentrations, as well as the Certified Secure Software Lifecycle Professional (CSSLP®), Certified Authorization Professional (CAP®), and Systems Security Certified Practitioner (SSCP®) credentials to qualifying candidates. (ISC)²'s certifications are among the first information technology credentials to meet the stringent requirements of ISO/IEC Standard 17024, a global benchmark for assessing and certifying personnel. (ISC)² also offers education programs and services based on its CBK®, a compendium of information security topics. More information is available at www.isc2.org.

© 2013, (ISC)² Inc. (ISC)², CISSP, ISSAP, ISSMP, ISSEP, CSSLP, CAP, SSCP and CBK are registered marks of (ISC)², Inc.

About University of Phoenix

University of Phoenix is constantly innovating to help working adults move efficiently from education to careers in a rapidly changing world. Flexible schedules, relevant and engaging courses, and interactive learning can help students more effectively pursue career and personal aspirations while balancing their busy lives. As a subsidiary of Apollo Group, Inc. (Nasdaq: APOL), University of Phoenix serves a diverse student population, offering associate, bachelor's, master's and doctoral degree programs from campuses and learning centers across the U.S. as well as online throughout the world. For more information, visit www.phoenix.edu.

University of Phoenix
Ryan Rauzon, 916-599-2911
Ryan.Rauzon@apollogrp.edu
or
(ISC)², Merritt Group, Inc.
Michelle Schafer, 703-390-1525
Schafer@merrittgrp.com

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