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Fortinet Further Extends the Convergence of Networking and Security to Remote Users with Enhancements to its Single-Vendor SASE Solution

SUNNYVALE, Calif., Oct. 18 (Korea Bizwire) – John Maddison, EVP of Products and CMO “Fortinet delivers the most integrated single-vendor SASE solution available, uniquely converging best-of-breed networking and best-of-breed security that are unified by a single operating system. The latest cloud-delivered enhancements to FortiSASE further strengthen our ability to enable consistent security and user experience [...]

Fortinet Announced as Official Cybersecurity Partner of the BMW Ladies Championship in 2022

WONJU, South Korea, Oct. 17 (Korea Bizwire) — Fortinet, a global leader in broad, integrated and automated cybersecurity solutions, will become the Official Cybersecurity Partner of the BMW Ladies Championship, taking place at the Oak Valley Country Club in the Republic of Korea. The partnership with the BMW Ladies Championship will represent Fortinet’s first sponsorship [...]

Fortinet Surpasses 1 Million Network Security Expert (NSE) Certifications Issued

SUNNYVALE, Calif., Oct. 3 (Korea Bizwire) – John Maddison, EVP of Products and CMO at Fortinet “Fortinet has a long history of working to close the cyber skills gap, and we are proud to share we recently hit a significant milestone by achieving more than 1 million Network Security Expert (NSE) certifications issued to date. [...]

FortiGuard Labs Reports Ransomware Variants Almost Double in Six Months

SUNNYVALE, Calif., Aug. 17 (Korea Bizwire) – Derek Manky, Chief Security Strategist & VP Global Threat Intelligence, FortiGuard Labs “Cyber adversaries are advancing their playbooks to thwart defense and scale their criminal affiliate networks. They are using aggressive execution strategies such as extortion or wiping data as well as focusing on reconnaissance tactics pre-attack to [...]

Fortinet Reports Second Quarter 2022 Financial Results

Second Quarter 2022 Highlights Product revenue of $400.7 million, up 34% year over year Total revenue of $1.03 billion, up 29% year over year Bookings of $1.38 billion, up 42% year over year1 Billings of $1.30 billion, up 36% year over year2 Deferred revenue of $3.93 billion, up 35% year over year GAAP operating margin [...]

Fortinet Global Survey Uncovers Critical OT Security Challenges

SUNNYVALE, Calif., June 15 (Korea Bizwire) – John Maddison, EVP of Products and CMO at Fortinet “This year’s global State of OT and Cybersecurity Report demonstrates that while OT security has the attention of organizational leaders, critical security gaps remain. PLCs designed without security, continued intrusions, a lack of centralized visibility across OT activities, and [...]

Fortinet to Support Singapore’s Quest for Quantum-Safe Future

SINGAPORE, June 15 (Korea Bizwire) — Fortinet®, a global leader in broad, integrated and automated cybersecurity solutions, has announced a collaboration with Singapore’s Quantum Engineering Programme (QEP) to support Singapore’s National Quantum-Safe Network (NQSN) project. Funded by the National Research Foundation, Singapore (NRF), the NQSN seeks to develop an ultra-secure communications and services infrastructure to [...]

Fortinet Reports First Quarter 2022 Financial Results

First Quarter 2022 Highlights Product revenue of $371.0 million, up 54% year over year Total revenue of $954.8 million, up 34% year over year Bookings of $1.28 billion, up 50% year over year1 Billings of $1.16 billion, up 36% year over year2 Deferred revenue of $3.66 billion, up 33% year over year GAAP operating margin [...]

Cybersecurity Skills Gap Contributed to 80 Percent of Breaches According to New Fortinet Report

SUNNYVALE, Calif., April 27 (Korea Bizwire) – Sandra Wheatley, SVP Marketing, Threat Intelligence and Influencer Communications at Fortinet “According to the Fortinet report released today, the skills gap isn’t just a talent shortage challenge, but it’s also severely impacting business, making it a top concern for executive leaders worldwide. Through Fortinet’s Training Advancement Agenda (TAA) and [...]

Fortinet Reports Fourth Quarter and Full Year 2021 Financial Results

Fourth Quarter 2021 Highlights Total revenue of $963.6 million, up 29% year over year Product revenue of $378.9 million, up 31% year over year Service revenue of $584.7 million, up 27% year over year Billings of $1.31 billion, up 36% year over year1 Bookings of $1.43 billion, up 49% year over year2 GAAP operating margin [...]