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Killexams : Fortinet Administrator health - BingNews https://killexams.com/pass4sure/exam-detail/FCNSA.v5 Search results Killexams : Fortinet Administrator health - BingNews https://killexams.com/pass4sure/exam-detail/FCNSA.v5 https://killexams.com/exam_list/Fortinet Killexams : Fortinet Secure SD-WAN delivers 300% ROI over three years
Fortinet’s John Maddison

Fortinet, a global leader in broad, integrated and automated cybersecurity solutions, has announced a business benefit analysis of Fortinet Secure SD-WAN and its ability to support large enterprises by delivering a 300% return in investment over three years and payback in eight months.

“Large enterprises around the world continue to turn to Fortinet to achieve their digital acceleration goals with solutions that converge networking and security. We’re pleased that Forrester has quantified both the network and security benefits of Fortinet Secure SD-WAN, which will advance our commitment to helping customers make informed decisions with validated solutions.”  — John Maddison, executive vice president of products and chief marketing officer at Fortinet

As one of the top SD-WAN vendors, Fortinet commissioned a Total Economic Impact (TEI) study by Forrester Consulting to analyse the value that Fortinet Secure SD-WAN can provide to large enterprises, examining both the network and security impact on customers’ businesses.

As part of the independent study, Forrester interviewed business decision makers with experience across industries and geographies, including retail, healthcare, financial services and manufacturing. Collectively, the organisations deployed Fortinet Secure SD-WAN and other Fortinet products, such as switches, wireless LAN and wireless WAN, and have more than US$1-billion in annual revenue, up to 8 500 sites, and up to 133 000 employees.

Based on customer feedback, Forrester developed a composite model for the study and built out a three-year financial model to reflect the costs and benefits of the investment.

Key findings from the study and benefits for customers include:

  • Eight months payback and 300% ROI: Customers deploying Fortinet Secure SD-WAN achieved a 300% return on investment over three years with payback in eight months. These benefits include a reduction in communications costs, increased productivity of security and network teams, improved network and security performance, and increased productivity of deployment teams.
  • 65% reduction in network disruption: With enhanced network performance enabled by Fortinet Secure SD-WAN, business users experienced a 65% reduction in the number of network disruptions.
  • 50% improvement in resolving issues: Fortinet offers increased visibility and effective, broad protection, allowing security and network teams to identify and remediate network issues more quickly. Improving time to issue resolution by as much as 50% enabled the composite organisation to reassign security and network team resources to higher value activities, resulting in a three-year, risk-adjusted productivity benefit of $1.4-million.
  • Increased productivity of deployment team: Fortinet Secure SD-WAN enabled the composite organisation to save time by 75% per new deployment, resulting in significant efficiencies for the deployment team.

Fortinet Secure SD-WAN transforms and secures WAN

Prior to implementing Fortinet Secure SD-WAN, the organisations used a combination of technologies and vendors to manage, maintain and monitor their networks. These solutions, which relied on MPLS, Internet and assorted hardware, lacked visibility and adequate security coverage, forcing network engineers and administrators to spend excessive time identifying and resolving unanticipated problems on an ad hoc basis. Additionally, scaling and modifying existing solutions became increasingly cost-prohibitive and time-consuming.

To learn more about the additional benefits of Fortinet Secure SD-WAN based on real customer feedback, obtain The Total Economic Impact of Fortinet Secure SD-WAN study.

Additional analyst recognition and customer validation of Fortinet Secure SD-WAN

In addition to these findings from the independent Forrester study, Fortinet Secure SD-WAN has received industry recognition and momentum throughout the year. Fortinet was named a Leader in the 2022 Gartner Magic Quadrant for SD-WAN for the third consecutive year, placing highest in the quadrant for its ability to execute.

Furthermore, Fortinet is the only vendor to have been ranked first in three of the five use cases in the 2022 Gartner Critical Capabilities for SD-WAN report for the past two years for Remote Worker, Security-Sensitive WAN and WAN for Small Branches.

Fortinet Secure SD-WAN also received positive validation from its customers. Fortinet was named a Customers’ Choice in the March 2022 Gartner Peer Insights “Voice of the Customer”: WAN Edge Infrastructure report — for the third year in a row — in recognition of the reviews that customers voluntarily submit about their experience with Fortinet’s Secure SD-WAN solution.

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Thu, 08 Dec 2022 16:47:00 -0600 Fortinet en-US text/html https://techcentral.co.za/fortinet-secure-sd-wan-delivers-300-roi-over-three-years-forprom/218435/
Killexams : Cyberattackers Selling Access to Networks Compromised via recent Fortinet Flaw

Fortinet customers that have not yet patched a critical authentication bypass vulnerability that the vendor disclosed in October in multiple versions of its FortiOS, FortiProxy, and FortiSwitch Manager technologies now have an additional reason to do so quickly.

At least one threat actor, operating on a Russian Dark Web forum, has begun selling access to multiple networks compromised via the vulnerability (CVE-2022-40684), and more could follow suit soon. Researchers from Cyble who spotted the threat activity described the victim organizations as likely using unpatched and outdated versions of FortiOS.

Selling Access to Compromised Networks

Dhanalakshmi PK, senior director of malware and research intelligence at Cyble, says the company's available intelligence indicates the threat actor might have access to five major organizations via the vulnerability. Cyble's analysis showed the attacker attempting to add their own public key to the admin user's account on the compromised systems.

"An attacker can update or add a valid public SSH key to a targeted account on a system and can then typically gain complete access to that system," Dhanalakshmi says. "Additionally, the threat actor could launch other attacks against the rest of the IT environment with the foothold and knowledge gained through exploiting this vulnerability."

Cyble said a scan it conducted showed more than 100,000 Internet-exposed FortiGate firewalls, a substantial number of which are likely exploitable because they remain unpatched against the vulnerability

Fortinet publicly disclosed CVE-2022-40684 on Oct. 10, a few days after privately notifying customers of affected products about the threat. The vulnerability essentially gives an unauthenticated attacker a way to gain full control of an affected Fortinet product by sending it specially crafted HTTP and HTTPS requests. Security researchers have described the vulnerability as easy to find and trivial to exploit because all that an attacker needs to do is gain access to the management interface of a vulnerable system.

Popular Target for Attackers

When Fortinet disclosed the vulnerability, it urged customers to immediately update to patched versions of the affected products and warned of active exploit activity targeting the flaw. It also urged companies that could not update to immediately disable HTTPS administration on their vulnerable Internet-facing Fortinet products. The US Cybersecurity and Infrastructure Security Agency (CISA) promptly listed the flaw its catalog of known exploited vulnerabilities and gave federal civilian agencies until Nov. 1, 2022, to address the issue.

Much of the concern stemmed from the popularity of Fortinet products — and technologies from other vendors in the same network edge category — among threat actors. Soon after Fortinet disclosed the flaw, proof-of-concept code for exploiting it became publicly available, and security vendors reported large-scale scanning activity targeting the flaw. The number of unique IP addresses targeting the flaw soared in a matter of days from the single digits to more than 40.

And that number has grown. James Horseman, exploit developer at Horizon3ai, a security vendor that did much of the initial research around the vulnerability, says the number of unique IPs currently targeting the Fortinet flaw has risen to 112, according to data from GreyNoise, which tracks malicious scanning activity on the Internet.

"These Fortinet devices are typically Internet-facing for corporations and are seldom monitored," adds Zach Hanley, chief attack engineer at Horizon3ai. "This combination makes it great for sustained initial access into a network for threat actors who are looking to conduct reconnaissance, deploy ransomware, steal data, etc."

Threat actors have hammered away in similar fashion at other Fortinet flaws for the same reason. Notable examples include CVE-2018-13379, CVE-2020-12812, and CVE-2019-5591, a set of three flaws that Iran-backed threat groups were observed exploiting in numerous attacks. In April 2021, the FBI and CISA warned of other advanced persistent threat groups exploiting the same set of flaws in attacks against organizations in the US and elsewhere.

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Tue, 29 Nov 2022 08:53:00 -0600 en text/html https://www.darkreading.com/threat-intelligence/tcyberattackers-selling-access-networks-compromised-fortinet-flaw
Killexams : Fortinet Secure SD-WAN delivers 300% ROI over three years, payback in eight months, new independent study finds
John Maddison.

John Maddison.

John Maddison, EVP of Products and CMO at Fortinet

“Large enterprises around the world continue to turn to Fortinet to achieve their digital acceleration goals with solutions that converge networking and security. We’re pleased that Forrester has quantified both the network and security benefits of Fortinet Secure SD-WAN, which will advance our commitment to helping customers make informed decisions with validated solutions.”

Fortinet (NASDAQ: FTNT), a global leader in broad, integrated and automated cyber security solutions, today announced a business benefit analysis of Fortinet Secure SD-WAN and its ability to support large enterprises by delivering 300% ROI over three years and payback in eight months.

As one of the top SD-WAN vendors, Fortinet commissioned a Total Economic Impact (TEI) study by Forrester Consulting to analyse the value that Fortinet Secure SD-WAN can provide to large enterprises, examining both the network and security impact on customers’ businesses.

As part of the independent study, Forrester interviewed business decision-makers with experience across industries and geographies, including retail, healthcare, financial services and manufacturing. Collectively, the organisations deployed Fortinet Secure SD-WAN and other Fortinet products, such as switches, wireless LAN and wireless WAN, and have more than $1 billion in annual revenue, up to 8 500 sites, and up to 133 000 employees.

Based on customer feedback, Forrester developed a composite model for the study and built out a three-year financial model to reflect the costs and benefits of the investment.

Key findings from the study and benefits for customers include:

  • Eight months payback and 300% ROI: Customers deploying Fortinet Secure SD-WAN achieved a 300% return on investment over three years, with payback in eight months. These benefits include a reduction in communications costs, increased productivity of security and network teams, improved network and security performance and increased productivity of deployment teams.
  • Sixty-five percent reduction in network disruption: With enhanced network performance enabled by Fortinet Secure SD-WAN, business users experienced a 65% reduction in the number of network disruptions.
  • Fifty percent improvement in resolving issues: Fortinet offers increased visibility and effective, broad protection, allowing security and network teams to identify and remediate network issues more quickly. Improving time to issue resolution by as much as 50% enabled the composite organisation to reassign security and network team resources to higher value activities, resulting in a three-year, risk-adjusted productivity benefit of $1.4 million.
  • Increased productivity of deployment team: Fortinet Secure SD-WAN enabled the composite organisation to save time by 75% per new deployment, resulting in significant efficiencies for the deployment team.

Fortinet Secure SD-WAN transforms and secures WAN

Prior to implementing Fortinet Secure SD-WAN, the organisations used a combination of technologies and vendors to manage, maintain and monitor their networks. These solutions, which relied on MPLS, internet and assorted hardware, lacked visibility and adequate security coverage, forcing network engineers and administrators to spend excessive time identifying and resolving unanticipated problems on an ad hoc basis. Additionally, scaling and modifying existing solutions became increasingly cost-prohibitive and time-consuming.

To learn more about the additional benefits of Fortinet Secure SD-WAN based on real customer feedback, download The Total Economic Impact of Fortinet Secure SD-WAN study.

Additional analyst recognition and customer validation of Fortinet Secure SD-WAN

In addition to these findings from the independent Forrester study, Fortinet Secure SD-WAN has received industry recognition and momentum throughout the year. Fortinet was named a leader in the 2022 Gartner Magic Quadrant for SD-WAN for the third consecutive year, placing highest in the quadrant for its ability to execute.

Furthermore, Fortinet is the only vendor to have been ranked number one in three of the five use cases in the 2022 Gartner Critical Capabilities for SD-WAN report for the past two years for Remote Worker, Security-Sensitive WAN, and WAN for Small Branches.

Fortinet Secure SD-WAN also received positive validation from its customers. Fortinet was named a Customers’ Choice in the March 2022 Gartner Peer Insights ‘Voice of the Customer’: WAN Edge Infrastructure report – for the third year in a row – in recognition of the reviews that customers voluntarily submit about their experience with Fortinet’s Secure SD-WAN solution. 

Wed, 07 Dec 2022 19:08:00 -0600 en text/html https://www.itweb.co.za/content/lwrKx73YQj8qmg1o
Killexams : New Fortinet service offers next-gen firewall protection for AWS environments

Cybersecurity firm Fortinet Inc. today announced the availability of FortiGate Cloud-Native Firewall on Amazon Web Services Inc., a managed next-generation service specifically designed for AWS environments.

FortiGate CNF incorporates FortiGuard artificial intelligence-powered Security Services for real-time detection of and protection against malicious external and internal threats. Underpinned by FortiOS, Fortinet’s network operating system, the service is said to deliver a consistent network security experience across AWS and on-premises environments.

Fortinet is pitching the service as allowing customers to focus more on their core competencies and deploy effective security policies to protect their business-critical applications and data. Natively supporting AWS, FortiGate CNF gives customers immediate access to FortiGuard AI-powered Security Services for enterprise-grade protection, including URL filtering, DNS filtering, IPS, application control and other FortiGuard security services that organizations rely on.

Benefits include regionwide network protection at optimized costs, with FortiGate CNF designed to aggregate security across cloud networks, availability zones and virtual private clouds in a cloud region. FortiGate CNF natively supports AWS to optimize cloud security spending and uses AWS Graviton instances to deliver better price-performance than other offerings.

Network security operations with FortiGate CNF offer a simple, intuitive user interface that minimizes the need for security expertise, with support for defining and deploying robust security policies such as dynamic meta-data-based policies on AWS. The AWS support helps security teams move at the speed and scale of applications teams and the support of AWS Gateway Load Balancer eliminates do-it-yourself automation and helps secure Amazon Virtual Private Cloud environments. Additionally, support for AWS Firewall Manager simplifies security management and automates security rollouts.

As part of the Fortinet Security Fabric platform, the new service also offers a single pane of glass through FortiManager to centralize policy management, increase visibility and automate policy enforcement on AWS and beyond.

“Organizations that are accelerating their cloud adoption may not have the resources or time to build, scale or adapt their cloud security to meet the pace of their business,”explained John Maddison, executive vice president of products and chief marketing officer at Fortinet. “As a managed next-generation firewall service, FortiGate CNF removes the heavy lifting around network security operations and provides a frictionless experience to help customers easily deploy best-in-class security on the cloud.”

Fortinet CNF is available now in the AWS Marketplace.

Photo: Robert Hof/SiliconANGLE

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Mon, 05 Dec 2022 11:09:00 -0600 en-US text/html https://siliconangle.com/2022/11/28/new-fortinet-service-offers-next-gen-firewall-protection-aws-environments/
Killexams : Security Tech Talk: Fortinet Makes Anywhere The Office, Securely

Sponsored

Katie Bavoso

The Fortinet Security Fabric brings together endpoint security, zero trust access and network security in one unified portfolio with solutions that seamlessly follow and protect your clients from the office desk to the kitchen table, to the hotel room with public WiFi — all while providing a consistent level of enterprise-grade protection.

Providing security solutions designed to protect your clients while they work from anywhere is a lucrative business move for channel providers as hybrid work has become the norm. Gartner says the ideal approach to doing this is with a “cybersecurity mesh architecture,” or an ecosystem of integrated security tools, which can reduce financial loss from a cyberattack by 90 percent. This is the exact foundation of the Fortinet Security Fabric. “Our Work-From-Anywhere value proposition is resonating with customers across all sales verticals. It’s truly one of the fastest-growing segments of our portfolio and it’s one of the only true integrated offerings on the market from a work-from-anywhere perspective,” says Aaron Griffith, senior director of channels at Fortinet.

The Fortinet Security Fabric brings together endpoint security, zero trust access and network security in one unified portfolio with solutions that seamlessly follow and protect your clients from the office desk to the kitchen table, to the hotel room with public WiFi — all while providing a consistent level of enterprise-grade protection.

“The FortiGate and FortiGate-VM security platforms (are) going to provide advanced security at a campus, a datacenter, a branch and even cloud environments,” says Griffith. “Endpoint technologies like FortiClient, FortiEDR, and FortiXDR (are) going to secure your remote workers and their devices. And then ZTNA and technologies like our SASE are going to control and secure access to applications and secure the remote worker.”

Partners don’t have to struggle to get started. Fortinet makes it easy for partners to gain competency and capability through its programmatic specialization designations to go to market quickly. “This is a framework that we designed to help partners define a solution offering, create efficiencies in their professional and managed services motions and ultimately maximize profitability,” says Griffith.

And Fortinet is 100 percent channel go-to-market and never competes with its partners at the point of sale.

Mon, 14 Nov 2022 23:40:00 -0600 en text/html https://www.crn.com/video/security-tech-talk-fortinet-makes-anywhere-the-office-securely
Killexams : Expert Ratings for Fortinet

Over the past 3 months, 14 analysts have published their opinion on Fortinet (NASDAQ:FTNT) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 2 11 1 0 0
Last 30D 0 1 0 0 0
1M Ago 1 6 1 0 0
2M Ago 0 2 0 0 0
3M Ago 1 2 0 0 0

These 14 analysts have an average price target of $65.93 versus the current price of Fortinet at $55.43, implying upside.

Below is a summary of how these 14 analysts rated Fortinet over the past 3 months. The greater the number of bullish ratings, the more positive analysts are on the stock and the greater the number of bearish ratings, the more negative analysts are on the stock

price target chart

This current average has decreased by 6.26% from the previous average price target of $70.33.

Stay up to date on Fortinet analyst ratings.

Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.

Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.

Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Wed, 16 Nov 2022 01:19:00 -0600 en text/html https://markets.businessinsider.com/news/stocks/expert-ratings-for-fortinet-1031919189
Killexams : Why CrowdStrike, Palo Alto Networks, and Fortinet Stocks Fell This Morning

What happened

Cybersecurity stocks took a tumble Wednesday morning, and that's kind of strange.

Reporting third-quarter earnings after close of trading last night, CrowdStrike Holdings (CRWD 0.73%) easily topped analyst expectations for both sales and earnings, reporting a $0.40 per share pro forma profit, where the Street predicted only $0.31, and with sales of $580.9 million eclipsing expectations for only $573.8 million. CrowdStrike even guided investors to expect a second earnings beat in the fourth quarter, saying its earnings could top expectations by more than $0.10 per share this quarter.  

CrowdStrike's stock is down regardless, falling 19.5% through 11:10 a.m. ET. What's more, it seems to be pulling industry leader Palo Alto Networks (PANW -1.17%) down 2.3% as well. On the plus side, Fortinet (FTNT -1.47%), which was down as much as 2.2% earlier in the day, has trimmed its losses to just 0.4%.

So what

So what exactly is going on here? If CrowdStrike beat earnings in Q3 -- and promised to do it again in Q4 -- then why is its stock down? And if CrowdStrike's news was good, what sense does it make for Palo Alto and Fortinet stocks to be falling because of it?

Let's dig into the numbers. CrowdStrike grew its quarterly sales 53% year over year in Q3. Non-GAAP (adjusted) earnings (the aforementioned $0.40 per share) more than doubled year over year. The bad news is that according to generally accepted accounting principles (GAAP), earnings were actually negative $0.24 per share -- about 10% worse than a year ago. (On the plus side, free cash flow for the quarter was $174 million, a quarterly record for CrowdStrike.)  

Still, on balance, that sounds pretty good, and CrowdStrike did say that earnings (albeit pro forma) will be even better in Q4. On the other hand, management noted that its net new annual recurring revenue (ARR) was a bit weaker than expected in Q3, impacting Q4 sales, which are predicted to top out around $628 million -- a few million short of Wall Street's prediction. Management further warned that ARR in Q4 could be as much as 10% below Q3 levels.  

This, it appears, it's the prediction that spooked the stock market this morning, and caused CrowdStrike stock to sell off so hard.

Now what

Why is this a concern? Well, consider that in its entire lifetime as a publicly traded company, CrowdStrike has still never earned a GAAP profit (and isn't expected to start earning profits before 2026, according to estimates collected by S&P Global Market Intelligence). And even valued on free cash flow, by which measure CrowdStrike is already profitable ($621 million generated over the past 12 months), CrowdStrike stock sells for a pricey 52-times-FCF valuation. As such, CrowdStrike's valuation seems heavily dependent upon its expected growth rate. It stands to reason that any hint that growth might begin to falter is going to have an outsize effect on the stock's price -- just as we're seeing today.

That being said, at last report analysts were still forecasting strong 40.5% annualized long-term profits growth for CrowdStrike. That's not quite fast enough to make me call an FCF valuation of 52 cheap, but it's getting close. Compared to the alternatives, I certainly think CrowdStrike stock looks more attractively valued than Fortinet at 33.6 times FCF today, with a 23% projected growth rate.

Still and all, if you're looking for the best bargain in cybersecurity stocks today, I think Palo Alto Networks is your best bet. At 29% projected long-term growth, Palo Alto is growing quickly, yet doesn't have nearly so high a bar to clear, as CrowdStrike does, to meet Wall Street expectations, limiting the chance of an earnings miss. And at a valuation of only 21.5 times FCF, Palo Alto Networks is a much cheaper stock than Fortinet or CrowdStrike.

Long story short, CrowdStrike may look like the best target of opportunity after today's near-20% collapse in price. But Palo Alto Networks is still a better value stock for cybersecurity investors.

Rich Smith has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends CrowdStrike, Fortinet, and Palo Alto Networks. The Motley Fool has a disclosure policy.

Wed, 30 Nov 2022 06:35:00 -0600 Rich Smith en text/html https://www.fool.com/investing/2022/11/30/why-crowdstrike-palo-alto-networks-and-fortinet-st/
Killexams : Where Fortinet Stands With Analysts

Within the last quarter, Fortinet (NASDAQ:FTNT) has observed the following analyst ratings:

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 2 11 1 0 0
Last 30D 0 1 0 0 0
1M Ago 1 6 1 0 0
2M Ago 0 2 0 0 0
3M Ago 1 2 0 0 0

In the last 3 months, 14 analysts have offered 12-month price targets for Fortinet. The company has an average price target of $65.93 with a high of $76.00 and a low of $57.00.

Below is a summary of how these 14 analysts rated Fortinet over the past 3 months. The greater the number of bullish ratings, the more positive analysts are on the stock and the greater the number of bearish ratings, the more negative analysts are on the stock

price target chart

This current average represents a 6.26% decrease from the previous average price target of $70.33.

Stay up to date on Fortinet analyst ratings.

Analysts are certified within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Tue, 15 Nov 2022 22:09:00 -0600 en text/html https://markets.businessinsider.com/news/stocks/where-fortinet-stands-with-analysts-1031918144
Killexams : Here's Our Strategy for Fortinet

Shares of cybersecurity firm Fortinet (FTNT) were cut to a neutral fundamental rating by a sell-side firm Thursday with a $55 price target. Let's combine some technical analysis with this fundamental backdrop to come up with a strategy.

In this daily bar chart of FTNT, below, we can see that prices have been in a downward trend since late December. Prices have made lower lows and lower highs. Currently FTNT is trading below the declining 200-day moving average line.

The daily On-Balance-Volume (OBV) has moved sideways since early August and has thus created a bullish divergence when compared to the price action. The Moving Average Convergence Divergence (MACD) oscillator has moved around the zero line the past year and is currently pointed down to the line.

In this weekly Japanese candlestick chart of FTNT, below, we can see a longer-term downward trend. Prices trade below the declining 40-week moving average line. The weekly OBV line has been in a decline since December. The MACD oscillator is trying to give us a cover shorts buy signal.

In this daily Point and Figure chart of FTNT, below, we can see a potential downside price target in the $28 area.

In this weekly Point and Figure chart of FTNT, below, we can see an upside price target in the $82 area but a trade at $45 or lower could turn this chart bearish.

Bottom line strategy: Shares of FTNT could bounce to the upside in the short-run but the major trend is still down. FTNT needs to develop a base pattern to convince me that a buy recommendation is warranted.

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Wed, 09 Nov 2022 19:22:00 -0600 BRUCE KAMICH en text/html https://realmoney.thestreet.com/investing/here-s-our-strategy-for-fortinet-16108085
Killexams : Fortinet, University of Tasmania partner to ‘close the cybersecurity skills’ gap

The University of Tasmania has partnered with security firm Fortinet by joining the Fortinet Academic Partner Program, aimed at building a diverse, skilled workforce to help close the cybersecurity skills gap.

The program will begin in Semester 1, 2023 and the University of Tasmania is the 498th education institution globally that has implemented the Fortinet Academic Partner Program, and the 16th in Australia.

As part of the Fortinet Training Institute, the Academic Partner Program works with academic institutions worldwide to create a more diverse, equitable, and inclusive cybersecurity workforce by increasing access to training courses to address the global talent shortage.

Fortinet says the program bridges the gap between learning and careers through access to industry-recognised Fortinet Network Security Expert (NSE) training and certification courses.

The Fortinet Academic Partner Program collaborates with higher education institutions and schools around the world to prepare students to become skilled cybersecurity professionals.

At the University of Tasmania, the program will be provided to students in several forms: as part of the ICT curriculum for high achievers/Honours students; as a short course for undergraduate/diploma students or school leavers; and, significantly, to people outside the sector that are looking to reskill, return to work, or switch careers.

According to the Fortinet 2022 Cybersecurity Skills Gap global research report, 80 per cent of organisations worldwide suffered one or more breaches that they could attribute to a lack of cybersecurity skills and/or awareness - (i) Closer to home, the Fortinet Networking and Cybersecurity Adoption Index found that only 41 per cent of organisations considered themselves highly resourced to protect data assets and IT infrastructure. (ii) Further, the (ISC)² Cybersecurity Workforce Study suggests the global cybersecurity workforce needs to grow 65 per cent to effectively defend organisations’ critical assets. (iii)

The Head of the School of ICT at the University of Tasmania, Professor Anna Shillabeer, said, “As part of my work here, we undertook a rethink of what is required to build capability and digital skills. We identified that there are pockets of Tasmania’s IT with significant capabilities; however, there is also a skills shortage that needs to be overcome, especially in cybersecurity, to better cope with demand.

“The Fortinet Academic Partner Program is continuously updating its training with content that is relevant and dynamic for the issues and challenges cyber professionals face today. It is so important that we offer current skills for our students to ensure they are workforce ready.

“This new offering will significantly benefit the Tasmanian industry in all sectors, as students will now enter the workforce with qualifications as well as cybersecurity certifications. Additionally, Tasmanians that have developed life skills in the workforce in alternative sectors will be able to use their certifications to assist with finding employment in IT and cybersecurity roles.”

Dale Nachman, Country Manager – Australia, Fortinet, said, “Fortinet recently surpassed the milestone of issuing one million NSE certifications globally. Partnerships with universities, such as the University of Tasmania, are key to Fortinet’s mission to close the cyber skills gap. The cyber threat landscape continues to grow in both volume and sophistication and having trained professionals to help governments and enterprises Boost their cyber resilience will be critical.

“Through the Fortinet Academic Partner Program, the University of Tasmania will be able to provide leading industry cybersecurity training and certification. Graduates of the program will have in-demand cybersecurity skills to help protect networks from global cyber threats, such as phishing attacks, ransomware, and business email compromise. Fortinet is committed to supporting Tasmania, and Australia more broadly, with the development of cybersecurity professionals. Working with the University of Tasmania is a critical part of this.”

Sun, 27 Nov 2022 21:47:00 -0600 en-gb text/html https://itwire.com/it-industry-news/strategy/fortinet,-university-of-tasmania-partner-to-%e2%80%98close-the-cybersecurity-skills%e2%80%99-gap-202211280050.html
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