Fortinet Stock Price, News & Analysis

Fortinet (NASDAQ: FTNT) has launched its Secure SD-WAN for Multi-Cloud, addressing challenges in application performance, visibility, and control across various cloud services. With 93% of enterprises adopting multi-cloud strategies, Fortinet's solution provides seamless connectivity and security across diverse environments, eliminating deployment complexities and reducing costs. It features automated network overlays, centralized management, and optimized application traffic routing. This innovation complements Fortinet's existing offerings, providing an efficient architecture for enterprises in the evolving cloud landscape.

Fortinet (NASDAQ: FTNT), a leader in cybersecurity solutions, announced that its Secure SD-WAN has achieved MEF 3.0 SD-WAN certification. This certification validates Fortinet's compliance with high industry standards for SD-WAN performance, assurance, and agility. Fortinet is among the first technology vendors certified, highlighting its commitment to WAN transformation for enterprises and service providers. The company has been engaged with MEF since 2017 and is developing new security standards for SD-WAN services.

Fortinet and ElevenPaths have expanded their partnership to enhance managed security services for the industrial sector. This collaboration will leverage Fortinet's Security Fabric solutions to bolster protection for organizational OT, IT, and IoT environments amidst increasing security demands. Alberto Sempere of ElevenPaths emphasizes the need to manage security risks introduced by digital transformations, while Fortinet's extensive OT security suite offers comprehensive solutions to secure critical infrastructures. This alliance positions ElevenPaths as a leader in industrial cybersecurity.

Fortinet (NASDAQ: FTNT) has launched the Fortinet Corporate Foundation to enhance its global community impact and Corporate Social Responsibility initiatives. The foundation will match multi-million dollar employee contributions to support COVID-19 relief efforts. It aims to advance cybersecurity education and training while boosting public-private partnerships. Additional efforts include disaster relief in collaboration with the Information Technology Disaster Resource Center, leveraging technology to aid underserved communities.

Fortinet (NASDAQ: FTNT) announced its 2020 Annual Meeting of Stockholders will be held virtually on June 19, 2020, at 10:00 a.m. Pacific time. This decision was made due to the public health implications of the COVID-19 pandemic, ensuring the safety of stockholders and participants. Stockholders of record from April 24, 2020, can register to attend the meeting by following specific instructions provided. Voting is encouraged ahead of the meeting, and questions can be submitted during the event for those attending virtually.

Fortinet (NASDAQ: FTNT) announced its recognition in AV-Comparatives’ Business Malware Protection Test, showcasing its advanced endpoint security capabilities. The tests revealed a 100% block rate for exploits and malware, with no false positives. Fortinet's solutions effectively detect threats across email, web, and USB, proving resilient against evasion techniques. The company's approach integrates protection, detection, and automated response, enhancing security efficiency. Fortinet aims to empower organizations with real-time defenses, reducing breach response times and alleviating security team burdens.

Fortinet, a leader in cybersecurity, highlights its Secure SD-WAN solution's growing popularity among network service providers. John Maddison, EVP and CMO, emphasizes that this integrated approach combines advanced routing and security, allowing service providers to enhance their service offerings and achieve better ROI. The increasing demand for VPN services and integrated security drives Fortinet's momentum in the SD-WAN market. Testimonials from partners underscore the solution's effectiveness in delivering secure, scalable services and improving customer experience.

Fortinet (NASDAQ: FTNT) announced that its FortiProxy secure web gateway has achieved certification on the Department of Defense Information Network (DoDIN) Approved Products List (APL). This certification qualifies FortiProxy for sale to DoD agencies, ensuring compliance with stringent Security Technical Implementation Guide (STIG) testing. The solution enhances protection against internet threats while optimizing network performance through features like web filtering and advanced threat protection. Fortinet's commitment to meeting the unique cybersecurity needs of the DoD reflects its leadership in the cybersecurity sector.

Fortinet (NASDAQ: FTNT) has reported continued market share growth for its Secure SD-WAN solution, which integrates security and networking. The technology supports diverse applications from home to cloud, enhancing user experience and cost efficiency. Fortinet is recognized as one of the fastest growing SD-WAN vendors, holding a 10.4% revenue share in the enterprise WAN edge market as of Q4 2019 and experiencing 305% year-over-year revenue growth. New features in FortiOS 6.4 include enhanced analytics and a Secure SD-WAN orchestrator for improved management and deployment.