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 (NASDAQ: FTNT) has announced a comprehensive solution to enhance cybersecurity for the work-from-anywhere model. By integrating its zero trust, endpoint, and network security solutions within the Fortinet Security Fabric, Fortinet provides seamless security for users, regardless of their location. The company emphasizes the increase in remote work due to the pandemic, with forecasts indicating 60% of employees will work remotely by 2024. It also highlights the rise in ransomware attacks, with incidents increasing nearly 1100% from June 2020 to June 2021.
Fortinet Federal, a subsidiary of Fortinet (NASDAQ: FTNT), announced that 26 additional Fortinet Security Fabric solutions have achieved Department of Defense Information Network (DoDIN) Approved Products List certification. This certification allows these products to be sold to DoD agencies, enhancing cybersecurity capabilities. Additionally, the Defense Information Systems Agency published a FortiGate Security Technical Implementation Guide (STIG), offering DoD administrators guidance for secure deployment. These advancements support the U.S. government's mission-critical cybersecurity needs.
Fortinet (NASDAQ: FTNT) has released a new book titled Fight Fire with Fire: Proactive Cybersecurity Strategies for Today’s Leaders, authored by Renee Tarun and fourteen female cybersecurity leaders. The book aims to address the growing cybersecurity skills gap and evolving threats by offering actionable strategies for security leaders. With a call to train 1 million people in cybersecurity over five years, Fortinet emphasizes the importance of diversity in the workforce to combat cyber threats effectively. The book outlines a holistic approach involving people, processes, and technology.
Telefónica Tech and Fortinet (NASDAQ: FTNT) are enhancing their strategic alliance with the launch of flexWAN by Fortinet, a managed service that combines networking and security features. This new service will first be available in Spain and will expand globally across Telefónica's footprint in Europe and the Americas. The initiative aims to provide secure, high-performance connectivity for users working both in-office and remotely. This integration is a response to the growing demand for secure cloud migration and digital transformation in a hybrid work environment.
Fortinet announces the addition of Admiral James Stavridis (USN, Ret) to its Board of Directors, enhancing its leadership team. With 37 years of military experience and a strong background in cybersecurity, Admiral Stavridis aims to contribute to Fortinet's ongoing growth and innovation. He previously commanded NATO and held key roles in the Navy, and has served as Dean at The Fletcher School, emphasizing cybersecurity education. This strategic appointment aligns with Fortinet's commitment to advance its position in the cybersecurity sector.
Fortinet, a leader in cybersecurity solutions, announced a conference call for its third quarter 2021 financial results on November 4, 2021, at 1:30 p.m. PT. Investors can access the call via Fortinet's investor relations website or by dialing in prior to the call. The results will provide insights into the company's financial performance and future outlook. Fortinet has a strong customer base of over 530,000, underscoring its position in the cybersecurity market. The company emphasizes its commitment to protecting digital environments for enterprises and service providers.
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Fortinet (NASDAQ: FTNT) has announced that six new global service providers have adopted its Secure SD-WAN solution, including Comcast Business, Granite Telecommunications, and Tata Teleservices. This expansion highlights Fortinet's growing momentum, with over 30,000 customers utilizing its industry-leading SD-WAN technology. The solution enables service providers to enhance their managed services, improve operational efficiency, and offer superior user experiences while reducing costs through a unified security and networking solution.
Fortinet (NASDAQ: FTNT) announced its recognition as a Leader in the 2021 Gartner Magic Quadrant for WAN Edge Infrastructure, marking its second consecutive year in this position. The company attributes this achievement to its Secure SD-WAN innovation, which integrates Zero Trust Network Access (ZTNA) to enhance security and user experience for remote work environments. Fortinet's solution supports various use cases, simplifies WAN architecture, and enables secure, scalable connectivity across diverse business landscapes.
Fortinet and Linksys unveiled the Linksys HomeWRK for Business | Secured by Fortinet, a solution aimed at enhancing remote work connectivity with enterprise-grade security. Targeted at hybrid and remote employees, this device integrates Wi-Fi 6 technology and security features from Fortinet, addressing the challenges posed by increased cyber threats in work-from-home setups. The offering is set for release in Q4 2021 in the U.S. and globally in Q1 2022, available through affordable subscription models.