Welcome to our dedicated page for Fortinet news (Ticker: FTNT), a resource for investors and traders seeking the latest updates and insights on Fortinet stock.
Fortinet, Inc. reports news about its cybersecurity platform for the convergence of networking and security. Company updates commonly cover FortiGate appliances, FortiOS, Fortinet Security Fabric, SASE, SD-WAN, endpoint protection, managed detection and response, and security operations capabilities built around Fortinet ASICs, threat intelligence, and AI-enabled controls.
Recurring Fortinet news also includes quarterly financial results, billings and revenue commentary, product portfolio expansion, FortiGuard Labs threat research, cybersecurity skills-gap reports, training programs, and public-private cyber resilience initiatives. These updates reflect a business centered on enterprise-grade security products, subscriptions, support, and research across network, cloud, zero-trust, and security operations use cases.
Fortinet, a leader in cybersecurity, announced the Fortinet Championship PGA TOUR event to be held from September 15-18, 2022, at the Silverado Resort in Napa, California. The event will feature a Security Summit Symposium and a Technology Vendor Expo, showcasing the latest advancements in cybersecurity. Industry leaders, including executives from Fortinet, will discuss crucial topics such as managing cyber risks and securing critical infrastructure. Proceeds will support local nonprofits and initiatives aimed at closing the cybersecurity skills gap.
Fortinet, a leader in cybersecurity, announced a conference call to discuss its second quarter 2022 financial results on August 3 at 1:30 p.m. PT. The call will be available live on the company’s investor relations website. With over 580,000 customers, Fortinet delivers integrated, automated security solutions, securing vital data and connections across various platforms. The company's ongoing commitment to excellence is underscored by its recognition as a top provider of security appliances worldwide, enhancing trust in its service as digital threats continue to evolve.
The latest CIO research, sponsored by Masergy and Fortinet, reveals accelerating investments in Secure Access Service Edge (SASE) solutions, driven by the need for sustainable remote work. Key findings highlight that 94% of respondents experienced increased SASE adoption. Users reported significant benefits exceeding expectations in connectivity, security performance, and cost savings. The study also underscores the importance of solutions integrating SD-WAN, cloud security, and AI. Over 200 IT leaders from U.S.-headquartered companies were surveyed, reflecting strong market interest in converging security and networking.
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Fortinet has partnered with Singapore's National University of Singapore (NUS) to enhance quantum security technologies through a memorandum of understanding signed on June 3, 2022. This collaboration supports Singapore's National Quantum-Safe Network (NQSN) initiative, aimed at developing a secure communications infrastructure against evolving cyber threats. Fortinet will provide resources, including prototypes that interface with quantum devices, to explore practical use cases for quantum-safe communications. Their technology supports Quantum Key Distribution (QKD), which enables secure encryption key transmission.
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Fortinet (NASDAQ: FTNT) announced a five-for-one forward stock split, effective June 22, 2022. This decision follows prior disclosure on April 22, 2022. The stock split requires stockholder approval during the Annual Meeting on June 17, 2022, which will also address an Amended Certificate of Incorporation to increase authorized shares. If approved, each share will convert to five, with trading on a split-adjusted basis starting around June 23, 2022. This marks Fortinet's second stock split, the first being a two-for-one split in 2011.
Fortinet (NASDAQ: FTNT) has established the Public Sector Advisory Council (PSAC) to address growing cybersecurity threats. The Council comprises leaders with extensive government backgrounds, including Gary Locke and James Clapper, who will provide strategic counsel on critical cybersecurity challenges. This initiative aims to enhance public-private partnerships for improving cybersecurity across various public sector organizations. Fortinet emphasizes its commitment to securing infrastructure against sophisticated cyber attacks targeting government entities.
Fortinet (NASDAQ: FTNT) has launched FortiRecon, a comprehensive Digital Risk Protection Service that leverages machine learning, automation, and human intelligence. This service helps organizations monitor their external attack surface, assess brand risk, and gain actionable insights against potential cyber threats. FortiRecon addresses critical areas such as External Attack Surface Management, Brand Protection, and Adversary-Centric Intelligence, allowing companies to identify vulnerabilities early and mitigate risks effectively.
Fortinet (NASDAQ: FTNT) will participate as a Platinum Sponsor in the RSA Conference 2022, taking place from June 6-9 at the Moscone Center, San Francisco. The company aims to highlight its automated cybersecurity solutions in response to evolving threats. Key sessions include discussions on the cybersecurity mesh platform and botnet challenges. Attendees can explore Fortinet's latest innovations at booth #5855, featuring AI-powered security services and product demos. Fortinet emphasizes the need for comprehensive cybersecurity strategies to protect against threats in today’s hybrid networks.