NSE5_EDR-5.0 Free PDF - Fortinet NSE 5 ? FortiEDR 5.0 Updated: 2024

firewall

Test Center engineers took a look at FortiOS 3.0 on a Fortigate 300a firewall, one of Fortinet's hardware offerings. FortiOS 3.0 will run on a range of Fortigate appliances and is available as an upgrade for users of earlier versions. While the company's hardware offerings are important, the real power of those devices comes from the underlying operating systems and feature sets.

Solution providers will find significant enhancements to the FortiOS-based product line with new features such as control for instant messaging, including full virus scanning capabilities. Other notable improvements come in the form of granular Web-filtering control, Active Directory support and complete control of peer-to-peer technologies.

Test Center engineers found the product easy to install and were impressed with the SSL-based, browser-powered management interface. The management console offers a good balance between quick setup tasks and the ability to delve deeper into more complex controls.

Administrators are faced with a handsome system status screen that offers hyperlinks to all of the major features of the security appliance. The status screen also is the portal to configuration chores and acts as a dashboard, showing all critical traffic information, hardware statistics and attack information. The System hyperlink expands to show additional system-related tasks, ranging from DHCP configuration to maintenance downloads. Administrators can use the Router hyperlink to define how the unit interacts with the network.

The firewall tab/hyperlink lets administrators define what protection policies are deployed and control what services are allowed on the unit. By default, the unit ships with all access closed and administrators must choose what services and ports to open. That style of implementation helps to avoid overlooked services, immediately helping to ensure enhanced security. Access policies and service control can be wrapped into administrator-defined protection profiles, allowing different rule sets to be deployed for different users or groups.

The unit offers SSL VPN capabilities, along with PTPP, IPSEC and certificate-based VPNs. Administrators will select the User tab to define access rights to the network. Integration with LDAP, AD and RADIUS is supported, allowing user control to be homogenized across the network.

The integrated antivirus system offers a range of scanning options, from traditional signature recognition to examining file contents to blocking extensions. An innovative feature is the inclusion of grayware blocking, which can be used to block spyware, adware and other unwanted pests. The product offers the same style of protection against intruders. An intrusion-detection system protects against all of the known intrusions, along with using intelligence to protect against zero day attacks. The intrusion-detection engine also identifies traffic and protocol anomalies, and prevents those from entering the network. The product's Web-filtering acts as advertised, offering blocking capabilities based upon content, site classifications and a blacklist. An antispam capability rounds out the product and offers the ability to block mail based upon keywords, addresses, blacklists and other technologies used by spammers.

Solution providers will be intrigued by Fortinet's ability to deal with peer-to-peer and instant messaging traffic. Extensive reporting helps to demonstrate ROI and empowers administrators to diagnose and discover exactly what is happening on the network.

Fortinet's four-tier channel program is quite VAR-friendly. Requirements for Bronze-level partners include an initial purchase plus a valid resale license with an authorized Fortinet distributor. Higher levels, Silver, Gold and Platinum partners, must have technical certification and varied levels of revenue commitment. Margins range from 10 percent to 30 percent. Silver, Gold and Platinum partners receive express routing codes to Fortinet's Technical Assistance Center (Platinum partners receive highest priority). All technical support is based on the purchase of a support contract. There is no cost for field engineering support. Training is offered annually and can be done via the Web or in a classroom.

Over the past 3 months, 25 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.

According to 25 analyst offering 12-month price targets in the last 3 months, Fortinet has an average price target of $62.56 with a high of $90.00 and a low of $49.00.

Below is a summary of how these 25 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

This current average represents a 14.12% decrease from the previous average price target of $72.85.

Stay up to date on Fortinet analyst ratings.

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

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

The price-to-earnings ratio for Fortinet Inc (NASDAQ: FTNT) is 39.82x, which is above its average ratio. Moreover, the 36-month beta value for FTNT is 1.09. Analysts have varying opinions on the stock, with 14 analysts rating it as a “buy,” 5 as “overweight,” 21 as “hold,” and 0 as “sell.”

The average price recommended by analysts for Fortinet Inc (FTNT) is $56.51, which is -$1.27 below the current market price. The public float for FTNT is 634.14M and currently, short sellers hold a 2.46% of that float. On January 03, 2024, FTNT’s average trading volume was 7.21M shares.

FTNT) stock’s latest price update

The stock price of Fortinet Inc (NASDAQ: FTNT) has dropped by -1.28 compared to previous close of 58.53. Despite this, the company has seen a fall of -2.51% in its stock price over the last five trading days. GlobeNewsWire reported 2024-01-02 that SUNNYVALE, Calif., Jan. 02, 2024 (GLOBE NEWSWIRE) — News Summary Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, announced that it will hold a conference call to discuss its fourth quarter and Full Year 2023 financial results on Tuesday, February 6, at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time).

FTNT’s Market Performance

Fortinet Inc (FTNT) has seen a -2.51% fall in stock performance for the week, with a 9.93% gain in the past month and a -1.45% plunge in the past quarter. The volatility ratio for the week is 1.58%, and the volatility levels for the past 30 days are at 2.34% for FTNT. The simple moving average for the last 20 days is 3.40% for FTNT’s stock, with a simple moving average of -8.49% for the last 200 days.

Analysts’ Opinion of FTNT

Many brokerage firms have already submitted their reports for FTNT stocks, with Susquehanna repeating the rating for FTNT by listing it as a “Neutral.” The predicted price for FTNT in the upcoming period, according to Susquehanna is $55 based on the research report published on December 15, 2023 of the previous year 2023.

FTNT Trading at 6.19% from the 50-Day Moving Average

After a stumble in the market that brought FTNT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -28.88% of loss for the given period.

Volatility was left at 2.34%, however, over the last 30 days, the volatility rate increased by 1.58%, as shares surge +10.08% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.02% upper at present.

During the last 5 trading sessions, FTNT fell by -2.51%, which changed the moving average for the period of 200-days by -6.63% in comparison to the 20-day moving average, which settled at $56.15. In addition, Fortinet Inc saw -1.28% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at FTNT starting from Perche Patrice, who sale 7,535 shares at the price of $58.22 back on Dec 21. After this action, Perche Patrice now owns 25,730 shares of Fortinet Inc, valued at $438,655 using the latest closing price.

Xie Ken, the President & CEO of Fortinet Inc, sale 47,306 shares at $55.22 during a trade that took place back on Dec 13, which means that Xie Ken is holding 48,420,692 shares at $2,612,313 based on the most recent closing price.

Stock Fundamentals for FTNT

Current profitability levels for the company are sitting at:

• +21.85 for the present operating margin
• +74.91 for the gross margin

The net margin for Fortinet Inc stands at +19.41. The total capital return value is set at 72.61, while invested capital returns managed to touch 66.41. Equity return is now at value 843.82, with 17.96 for asset returns.

When we switch over and look at the enterprise to sales, we see a ratio of 8.47, with the company’s debt to enterprise value settled at 0.03. The receivables turnover for the company is 4.27 and the total asset turnover is 0.73. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.24.

Conclusion

To wrap up, the performance of Fortinet Inc (FTNT) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

Fortinet harnesses more than a decade of AI innovation and deep threat expertise to empower customers with a cutting-edge GenAI tool that upskills cybersecurity teams

SUNNYVALE, Calif., Dec. 11, 2023 (GLOBE NEWSWIRE) -- Fortinet^® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today added Fortinet Advisor, a generative AI (GenAI) assistant, to its portfolio of more than 40 AI-powered offerings. AI has served as the backbone of the Fortinet Security Fabric and FortiGuard Labs threat intelligence and security services for more than a decade, and the implementation of GenAI is Fortinet’s latest innovation designed to protect customers and keep business operations online. The initial release of Fortinet Advisor will help support and guide security operations (SecOps) teams so they can investigate and remediate threats faster than ever before.

“Fortinet has pioneered artificial intelligence innovation within cybersecurity, and to date, we’ve delivered more than 40 AI-powered offerings that put the transformative power of this technology into customers’ hands,” said Michael Xie, Founder, President, and Chief Technology Officer at Fortinet. “We’re excited to build on our legacy as a leader in AI cybersecurity innovation with Fortinet Advisor, which combines Fortinet’s vast intelligence network with the benefits of GenAI to increase security team productivity and accelerate threat detection and mitigation.”

Fortinet Advisor Empowers SecOps Teams
Today, Fortinet Advisor is available within FortiSIEM, Fortinet’s security information and event management solution, and FortiSOAR, Fortinet’s security orchestration, automation, and response offering.

Fortinet Security Operations Solutions already enable customers to slash the time needed to identify and contain threats from more than 20 days to less than an hour and condense investigation and remediation timelines from more than 18 hours to 15 minutes or less.¹ By providing contextually aware incident analysis, remediation guidance, and playbook templates, Fortinet Advisor delivers critical information in natural language within seconds so SecOps teams can further reduce the mean time to detect and respond as well as Excellerate their organizations’ overall risk posture.

Story continues

Specific benefits of Fortinet Advisor for SecOps teams include:

• Interprets security incidents: Fortinet Advisor rapidly analyzes alerts to generate easy-to-understand incident summaries within seconds, including context and potential impact.

• Builds complex investigation queries: Fortinet Advisor helps security analysts generate productive queries to aid investigations. Analysts enter their desired insights—in natural language—into Fortinet Advisor, which creates precise syntax to return useful results.

• Creates remediation plans: Fortinet Advisor aids in rapid threat response by suggesting threat remediation plans. It can also refine suggested response plans based on real-time analyst feedback.

• Augments playbook creation: Security architects can consult Fortinet Advisor to generate playbook templates, translating processes into actionable plans quickly.

Fortinet Advisor is continuously updated and refined by Fortinet AI and product specialists. Fortinet experts regularly refresh the assistant’s knowledge base with the latest threat information and optimize its interactions and results.

More than a Decade of AI-Powered Threat Research, Prevention, Detection, and Response
Fortinet has been on the bleeding edge of AI innovation for more than a decade, and more than 700,000 customers already benefit from AI-powered offerings, including FortiGuard AI-Powered Security Services, FortiAIOps, FortiEDR, and FortiAnalyzer. The use of AI across the Fortinet Security Fabric aids in zero-day threat detection, helps remediate today’s most sophisticated attacks, and enables IT teams to refine and resolve networking and security issues before they impact the organization.

An Industry-Leading Cybersecurity Platform
The Fortinet Security Operations portfolio is a part of Fortinet’s cybersecurity platform—the Fortinet Security Fabric—and because of this tight integration, organizations can move from a reactive to a proactive security posture and quickly detect and disrupt cyberthreats. Fortinet Security Operations Solutions utilize AI and advanced analytics to identify sophisticated threats early in the kill chain and automate response activity across the Fortinet Security Fabric to speed investigation and remediation.

“GenAI has the power to make security teams smarter, more efficient, and more productive. Fortinet Advisor, which is backed by Fortinet’s long history of AI innovation and deep threat expertise, can help organizations Excellerate business operations and harden themselves against attack, especially for those struggling with the cybersecurity skills gap.” – Jon Oltsik, Distinguished Analyst and Fellow at Enterprise Strategy Group.

Additional Resources

1. ESG, ESG Economic Validation: The Quantified Benefits of Fortinet Security Operations Solutions, August 1, 2023

About Fortinet

Fortinet (NASDAQ: FTNT) is a driving force in the evolution of cybersecurity and the convergence of networking and security. Our mission is to secure people, devices, and data everywhere, and today we deliver cybersecurity everywhere you need it with the most extensive integrated portfolio of over 50 enterprise-grade products. Well over half a million customers trust Fortinet's solutions, which are among the most deployed, most patented, and most validated in the industry. The Fortinet Training Institute, one of the largest and broadest training programs in the industry, is dedicated to making cybersecurity training and new career opportunities available to everyone. FortiGuard Labs, Fortinet’s elite threat intelligence and research organization, develops and utilizes leading-edge machine learning and AI technologies to provide customers with timely and consistently top-rated protection and actionable threat intelligence. Learn more at https://www.fortinet.com, the Fortinet Blog, and FortiGuard Labs.

FTNT-O

Copyright © 2023 Fortinet, Inc. All rights reserved. The symbols ® and ™ denote respectively federally registered trademarks and common law trademarks of Fortinet, Inc., its subsidiaries and affiliates. Fortinet’s trademarks include, but are not limited to, the following: Fortinet, the Fortinet logo, FortiGate, FortiOS, FortiGuard, FortiCare, FortiAnalyzer, FortiManager, FortiASIC, FortiClient, FortiCloud, FortiMail, FortiSandbox, FortiADC, FortiAI, FortiAIOps, FortiAntenna, FortiAP, FortiAPCam, FortiAuthenticator, FortiCache, FortiCall, FortiCam, FortiCamera, FortiCarrier, FortiCASB, FortiCentral, FortiConnect, FortiController, FortiConverter, FortiCWP, FortiDB, FortiDDoS, FortiDeceptor, FortiDeploy, FortiDevSec, FortiEdge, FortiEDR, FortiExplorer, FortiExtender, FortiFirewall, FortiFone, FortiGSLB, FortiHypervisor, FortiInsight, FortiIsolator, FortiLAN, FortiLink, FortiMoM, FortiMonitor, FortiNAC, FortiNDR, FortiPenTest, FortiPhish, FortiPlanner, FortiPolicy, FortiPortal, FortiPresence, FortiProxy, FortiRecon, FortiRecorder, FortiSASE, FortiSDNConnector, FortiSIEM, FortiSMS, FortiSOAR, FortiSwitch, FortiTester, FortiToken, FortiTrust, FortiVoice, FortiWAN, FortiWeb, FortiWiFi, FortiWLC, FortiWLM and FortiXDR. Other trademarks belong to their respective owners. Fortinet has not independently Tested statements or certifications herein attributed to third parties and Fortinet does not independently endorse such statements. Notwithstanding anything to the contrary herein, nothing herein constitutes a warranty, guarantee, contract, binding specification or other binding commitment by Fortinet or any indication of intent related to a binding commitment, and performance and other specification information herein may be unique to certain environments.

SUNNYVALE, Calif., Dec. 05, 2023 (GLOBE NEWSWIRE) -- Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced an expanded strategic partnership with Digital Realty (NYSE: DLR), the largest global provider of cloud- and carrier-neutral data center, colocation, and interconnection solutions. This partnership accelerates the expansion of Fortinet Universal SASE, which has already surpassed over 100 locations worldwide. Leveraging PlatformDIGITAL®, Digital Realty’s global data center platform enables customers to secure their hybrid IT workflows across clouds and locations.

“The expansion of our strategic partnership with Digital Realty will further propel Fortinet’s global cloud network beyond the 100+ SASE locations available today and continue to accelerate customer adoption of our Universal SASE solution,” said Michael Xie, Founder, President, and Chief Technology Officer of Fortinet. “Our customers now have even broader access to cloud-delivered security and connectivity for their distributed workforce, enabling them to seamlessly embrace the convergence of networking and security.”

“Digital Realty brings companies and data together by delivering the full spectrum of data center, colocation and interconnection solutions. Businesses across the globe use PlatformDIGITAL®, improving multi and hybrid cloud networking and security posture for their business-critical applications,” said Harm Joosse, Global Head of Strategy & Business Segments, Service Providers, Digital Realty. “Our expanded partnership with Fortinet enables customers to effortlessly adopt cloud-delivered security through seamless access to a comprehensive universal SASE solution.”

Global Expansion of Fortinet Universal SASE

This latest example of Fortinet’s continuing investment in scaling its cloud network further expands its global reach and will help accelerate customer adoption of Fortinet’s Universal SASE solution. This alliance partnership also integrates the Fortinet Security Fabric into the Digital Realty infrastructure, allowing even greater protection across their entire perimeter, from EMEA to Asia Pacific, and the Americas, enabling enterprise customers to quickly and securely connect their hybrid workforce to business-critical applications and other resources from any location.

Fortinet is deeply committed to growing its SASE business from both an innovation and—as exemplified by today’s news—investment lens. Fortinet’s strategy is to deliver the most reliable and secure SASE solution worldwide through a two-pronged approach:

• Continuing to invest in purpose-built and highly scalable Universal SASE locations, with additional announcements planned for the near future
• Continuing to scale its cloud network through trusted partners like Google Cloud and Digital Realty

A Commitment to An Open Fabric Ecosystem

Fabric-Ready technology partnerships, such as with Digital Realty and their ServiceFabric™ offering, are integral to the Fortinet Security Fabric.
We collaborate to create integrated solutions that drive innovation and amplify the value customers derive from their deployments. In the Fortinet Open Ecosystem, our collaboration under the Fortinet Fabric-Ready program fosters complementary solutions that deliver advanced networking and security across digital infrastructures.

Please visit the Fortinet Technology Alliance Partner page for more information about this program.

Additional Resources

About Fortinet
Fortinet (NASDAQ: FTNT) is a driving force in the evolution of cybersecurity and the convergence of networking and security. Our mission is to secure people, devices, and data everywhere. Today, we deliver cybersecurity everywhere customers need with the most extensive integrated portfolio of over 50 enterprise-grade products. Well over half a million customers trust Fortinet's solutions, which are among the industry's most deployed, most patented, and most validated. The Fortinet Training Institute, one of the largest and broadest training programs in the industry, is dedicated to making cybersecurity training and new career opportunities available to everyone. FortiGuard Labs, Fortinet’s elite threat intelligence and research organization, develops and utilizes leading-edge machine learning and AI technologies to provide customers with timely and consistently top-rated protection and actionable threat intelligence. Learn more at https://www.fortinet.com, the Fortinet Blog, and FortiGuard Labs.

FTNT-O

Copyright © 2023 Fortinet, Inc. All rights reserved. The symbols ® and ™ denote the federally registered and common law trademarks of Fortinet, Inc., its subsidiaries, and affiliates. Fortinet’s trademarks include, but are not limited to, the following: Fortinet, the Fortinet logo, FortiGate, FortiOS, FortiGuard, FortiCare, FortiAnalyzer, FortiManager, FortiASIC, FortiClient, FortiCloud, FortiMail, FortiSandbox, FortiADC, FortiAI, FortiAIOps, FortiAntenna, FortiAP, FortiAPCam, FortiAuthenticator, FortiCache, FortiCall, FortiCam, FortiCamera, FortiCarrier, FortiCASB, FortiCentral, FortiConnect, FortiController, FortiConverter, FortiCWP, FortiDB, FortiDDoS, FortiDeceptor, FortiDeploy, FortiDevSec, FortiEdge, FortiEDR, FortiExplorer, FortiExtender, FortiFirewall, FortiFone, FortiGSLB, FortiHypervisor, FortiInsight, FortiIsolator, FortiLAN, FortiLink, FortiMoM, FortiMonitor, FortiNAC, FortiNDR, FortiPenTest, FortiPhish, FortiPlanner, FortiPolicy, FortiPortal, FortiPresence, FortiProxy, FortiRecon, FortiRecorder, FortiSASE, FortiSDNConnector, FortiSIEM, FortiSMS, FortiSOAR, FortiSwitch, FortiTester, FortiToken, FortiTrust, FortiVoice, FortiWAN, FortiWeb, FortiWiFi, FortiWLC, FortiWLM and FortiXDR. Other trademarks belong to their respective owners. Fortinet has not independently Tested statements or certifications herein attributed to third parties, and Fortinet does not independently endorse such statements. Notwithstanding anything to the contrary herein, nothing herein constitutes a warranty, guarantee, contract, binding specification or other binding commitment by Fortinet or any indication of intent related to a binding commitment, and performance and other specification information herein may be unique to certain environments.