A joint venture is a business arrangement in which two or more parties collaborate by pooling their resources, expertise, and capital to accomplish a specific project or business activity. Each participant maintains their own legal identity but shares ownership, risks, and profits according to the terms of the agreement. Joint ventures are often formed to enter new markets, develop new products, or combine complementary strengths. In cybersecurity, joint ventures can help organizations address complex security challenges by leveraging shared knowledge and resources.