Fortinet Stock Price, News & Analysis

Fortinet (NASDAQ: FTNT) announced the launch of FortiOS 7.0, introducing over 300 new features that enhance its Security Fabric for consistent cybersecurity across networks, endpoints, and clouds. This update addresses key challenges like Zero Trust Network Access and improves remote access and application security. The platform now supports SASE and offers self-healing SD-WAN capabilities, enhancing user experience. FortiOS 7.0 is set to be available by the end of Q1 2021.

Fortinet (NASDAQ: FTNT) launched FortiXDR, an advanced Extended Detection and Response solution designed to automate cybersecurity incident management using artificial intelligence. This solution aims to reduce operational complexity, speed up detection, and facilitate a coordinated response to cyber threats. FortiXDR claims to lower alert volumes by over 77% and significantly reduce investigation time from 30 minutes to seconds. It integrates seamlessly with Fortinet's Security Fabric, enhancing threat protection and operational efficiency.

Fortinet recently announced that its customers experience an average of 70% ROI in three years and 100% ROI in five years using Fortinet Secure SD-WAN. The company launched the FortiGate 200F, enhancing its SD-WAN ASIC-powered firewall portfolio, which integrates advanced routing and built-in LTE options. The FortiGate 200F outperforms competitors significantly, boasting 14x better IPsec VPN performance. This solution supports diverse network environments, aiding enterprises in digital innovation and operational efficiency.

Fortinet has announced that it will continue to offer its entire catalogue of self-paced Network Security Expert training at no cost indefinitely, responding to the severe cybersecurity skills gap. In 2020, over 800,000 registrations were recorded for these free training offerings. The program includes more than 30 security courses that cover topics such as cloud security and operational technology. Fortinet collaborates with various partners to develop a diverse cybersecurity workforce and provides access to NSE Certification exam preparation and CPE credits through (ISC)².

Fortinet (NASDAQ: FTNT) will hold a conference call on February 4, 2021, at 1:30 p.m. PT to discuss its Q4 2020 financial results. Access details include dialing (877) 303-6913 for domestic callers or (224) 357-2188 internationally, using conference ID #9656007. The call can also be streamed via a live webcast on Fortinet's Investor Relations page, with a replay available until February 11. Fortinet is a leader in cybersecurity solutions, serving over 480,000 customers globally, and ranks #1 in security appliances shipped worldwide.

Fortinet's Global Reach Expands with New SD-WAN Partnerships
Fortinet (NASDAQ: FTNT) announced that six new service providers, including Fireminds and MTN Business Kenya, have adopted its Secure SD-WAN solution. This expansion highlights organizations' increasing need for integrated network security and efficiency. Fortinet's SD-WAN solution provides advanced routing and security functionalities while achieving a low total cost of ownership. The company continues to be recognized as a leader in the 2020 Gartner Magic Quadrant for WAN Edge Infrastructure and Network Firewalls.

Fortinet (NASDAQ: FTNT) has acquired Panopta, a SaaS platform specializing in network monitoring and diagnostics. This acquisition enhances Fortinet's Security-driven Network approach by providing automated visibility and management for hybrid infrastructures. Panopta’s platform ensures high availability and performance of networks, crucial for organizations' digital initiatives. Key features include unified monitoring, cloud-native capabilities, and automated incident management, positioning Fortinet to better serve enterprises and service providers.

Fortinet (NASDAQ: FTNT) has announced new integrations with Amazon Web Services (AWS) to enhance security across cloud platforms. Key offerings include managed IPS rules for the AWS Network Firewall and the integration of FortiGate VM with AWS Gateway Load Balancer, aimed at improving security and management of VPC environments. These solutions allow organizations to protect workloads, streamline deployments, and gain comprehensive visibility and control. Fortinet remains a major player in cybersecurity, securing a broad range of clients worldwide.

Fortinet has launched the FortiGate Rugged 60F and FortiGate Rugged 60F with LTE, next-generation firewalls designed specifically for operational technology (OT) environments. These appliances offer Secure SD-WAN capabilities, certified for demanding conditions, enabling reliable connectivity even in harsh settings. The FortiGate Rugged 60F features a compact design, multiple power options, and built-in LTE for remote sites, enhancing security and operational efficiency in industries like energy and transportation. This release underscores Fortinet's commitment to security-driven networking.