Fortinet had big wins at the federal level, landing contracts with the U.S. Navy, and the National Oceanic and Atmospheric Association. Deals in the U.S. grew 30 percent year-over-year as a result of an increased investment in partnerships with large national resellers that focus on midsize enterprises, said Fortinet CFO Andrew Del Matto, speaking to financial analysts on Wednesday.
Fortinet (FTNT) posted a stronger third quarter performance than Wall Street analysts expected, as the network security company benefited from greater demand for security products in the wake of high-profile breaches and the strength of its product portfolio.
Axelle Apvrille, mobile/IoT malware analyst and researcher at Fortinet, and Ange Albertini, reverse engineer and author of Corkami.com, have created an application that can be used to encrypt an APK to make it look like a PNG image file.
Fortinet Inc. will soon have a 100 GbE rack-sized firewall in its lineup. The company said Monday its FortiGate 3810D will be released in the fourth quarter, giving large enterprises and carriers the ability to handle 300+ Gbps throughput to meet increasing bandwidth demands.
Fortinet's survey revealed that 90% of companies are changing their IT security strategy in response to security breach news, with 56% increasing their spending on security technology.