18.12.2023 15:00:06 - dpa-AFX: GNW-Adhoc: Fortinet Advances the Industry's Most Comprehensive Operational Technology Security Platform

SUNNYVALE, Calif., Dec. 18, 2023 (GLOBE NEWSWIRE) -- Fortinet
(https://www.fortinet.com/?utm_source=website&utm_medium=pr&utm_campaign=fortine
t)® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of
networking and security, today announced the latest release of new, integrated
operational technology (OT) security solutions and services. These additions
further distance Fortinet's industry-leading
(https://www.fortinet.com/corporate/about-us/newsroom/press-
releases/2023/fortinet-recognized-as-sole-leader-in-westlands-advisory-2023-it-
ot-network-protection-platforms-
navigator?utm_source=website&utm_medium=pr&utm_campaign=westlands-ot-survey) OT
Security Platform from the rest of the market.
"We understand that OT differs significantly from traditional IT systems, and
that's why our OT Security Platform was purpose-built to provide integrated
protection and risk management specific to industrial environments," said John
Maddison, Chief Marketing Officer and EVP, Product Strategy at Fortinet. "Rising
attacks on critical infrastructure have made OT security more important than
ever before. With today's news, Fortinet continues to empower customers with the
most sophisticated OT solutions and intelligence in the industry."
The Need for Integrated OT-Specific Security
The number of industrial devices connected beyond their network boundaries is
rapidly increasing, and CISOs now face skyrocketing risks across their OT
environments. In fact, Fortinet found (https://www.fortinet.com/corporate/about-
us/newsroom/press-releases/2023/fortinet-global-report-finds-75-percent-ot-
organizations-experienced-intrusion-last-
year?utm_source=website&utm_medium=pr&utm_campaign=OT-report-2023) that three-
fourths of OT organizations reported at least one intrusion in the last year,
and nearly one-third reported being victims of a ransomware attack. To solve
this challenge, organizations need an integrated security approach designed
specifically for industrial solutions that enables policy enforcement across the
entire attack surface, consolidates point products, and reduces operational
overhead.
Bolstering the Fortinet OT Security Platform with New and Enhanced Offerings
The Fortinet OT Security Platform
(https://www.fortinet.com/solutions/enterprise-midsize-business/ot-
security?utm_source=pr&utm_medium=pr&utm_campaign=pr-ot-security) is an
integrated portfolio of cybersecurity products, solutions, and security services
designed specifically for industrial networks and powered by real-time OT threat
intelligence. Because the OT Security Platform is a part of the Fortinet
Security Fabric, it empowers customers with deep visibility across their entire
environment and securely facilitates IT/OT convergence. The platform also gives
organizations the ability to implement a zero-trust model within OT
environments, including secure remote access to OT assets and systems for remote
employees and contractors.
OT Security Platform updates announced today, which build on improvements
unveiled (https://www.fortinet.com/corporate/about-us/newsroom/press-
releases/2023/fortinet-introduces-specialized-cybersecurity-products-services-
for-ot-environments?utm_source=pr&utm_medium=pr&utm_campaign=ot-announce)
earlier this year, span two key pillars of the Security Fabric:
Secure Networking for OT
* The new FortiSwitch Rugged 424F (https://www.fortinet.com/products/ethernet-
    switches?utm_source=pr&utm_medium=pr&utm_campaign=secure-access) is an
    industrial-class ethernet switch (IES) designed to address the requirements
    of digital substations and the power utility industry. The switch supports
    real-time OT networking protocols and integrates with FortiGate Next-
    Generation Firewalls (NGFWs) for comprehensive security and access control.
  * The new FortiAP 432F access point
    (https://www.fortinet.com/products/wireless-access-
    points?utm_source=website&utm_medium=pr&utm_campaign=pr-wireless-access-
    points) meets Class 1, Division 2 requirements for use in hazardous OT
    environments. It can segment industrial Wi-Fi networks to prevent attacks

from spreading across unprotected devices and systems. This expansion of the
    IP67-rated access-point line now enables the deployment of additional OT
    applications in industries such as oil and gas.
  * The new FortiExtender Vehicle 211F
    (https://www.fortinet.com/products/wireless-wan-
    fortiextender?utm_source=website&utm_medium=pr&utm_campaign=pr-
    fortiextender) wireless gateway is a semi-ruggedized mobility solution for
    connected fleets, mobile systems, and OT deployments. It was also designed
    to meet the requirements of the AT&T FirstNet wireless communications
    network for first responders.
  * FortiOS

(https://www.fortinet.com/products/fortigate/fortios.html?utm_source=pr&utm_
    medium=pr&utm_campaign=fortios), Fortinet's operating system, has been
    updated with the OT View dashboard, which correlates and displays important
    OT data. This dashboard makes it easy for organizations to understand their
    entire attack surface-both IT and OT-and take action from a single console.

Security Operations and Services for OT
* FortiAnalyzer
(https://www.fortinet.com/products/management/fortianalyzer?utm_source=pr&ut
    m_medium=pr&utm_campaign=fortianalyzer) now includes OT-specific analytics,
    risk, and compliance reports, providing security operations teams with

faster threat detection, asset and vulnerability correlation, and reporting.
  * FortiNDR (https://www.fortinet.com/products/network-detection-and-
    response?utm_source=pr&utm_medium=pr&utm_campaign=fortindr), which supports
    on-premises, cloud, and hybrid deployments, can now analyze more than 15
    different OT-network protocols. It also includes AI-powered OT-network
    behavior analysis to identify malicious network activity and files.
  * FortiDeceptor

(https://www.fortinet.com/products/fortideceptor?utm_source=website&utm_medi
    um=pr&utm_campaign=pr-fortideceptor), Fortinet's deception technology for
    early breach and attack isolation, now supports 30 OT protocols and
    additional OT decoys to protect diverse industrial environments.
  * The FortiGuard OT Security Service boasts the industry's deepest OT threat

intelligence database and now covers more than 70 OT protocols and more than 4,000 OT application and device vulnerability signatures. These signatures
enable strict access control policies on network traffic and provide virtual
    patching for vulnerable OT assets.
  * FortiGuard Outbreak Alerts, an industry-leading cybersecurity resource, now
    includes critical information about OT-specific threats
    (https://www.fortiguard.com/outbreak-alert/cosmicenergy-

malware?utm_source=website&utm_medium=pr&utm_campaign=cosmicenergy-outbreak-
    alert). This empowers customers with the information they need to harden
    their systems against new and emerging attacks following the NIST Cyber
    Security Framework.

"IT and OT are converging and these colliding environments are increasing
overall risk. Our clients require robust OT solutions and services without
extensive deployments that complicate administration and place additional strain
on IT and security teams. Through the Fortinet OT Security Platform, we can
provide clients with a unified approach of safeguarding both the carpeted side
of a business as well as the concrete side of the business. We eagerly
anticipate introducing these updated and novel offerings to our customer
community." - Dan Sanderson, VP of Strategy, Cyber Advisors
Additional Resources
  * Learn more about the Fortinet OT Security Platform
    (https://fortinet.com/solutions/enterprise-midsize-business/ot-
    security?utm_source=pr&utm_medium=pr&utm_campaign=pr-ot-security) and the
    enhancements announced today (https://www.fortinet.com/business-and-
    technology/ot-security-do-not-fall-
    behind?utm_source=website&utm_medium=pr&utm_campaign=ot-enhancements).
  * Watch the video (https://www.youtube.com/watch?v=sRjjuzonVBk) to learn more
    about how Fortinet delivers cybersecurity for industrial controls and OT
    environments.
  * Read about how Fortinet OT customers
    (https://www.fortinet.com/customers?limit=15®ion=&industry=scada-
    manufacturing&solutions=&product=) are securing their organizations.
  * Learn more (https://www.fortinet.com/partners/technology-

alliances/alliances-ecosystem) about the Fortinet Open Ecosystem and Fabric-
    Ready Technology Alliance Partner Program.
  * Learn more about Fortinet's free cybersecurity training
    (https://www.fortinet.com/training/cybersecurity-
    professionals?utm_source=blog&utm_medium=blog&utm_campaign=freetraining),
    which includes broad cyber awareness and product training. As part of the
    Fortinet Training Advancement Agenda (TAA), the Fortinet Training Institute

also provides training and certification through the Network Security Expert
    (NSE) Certification (https://www.fortinet.com/training-
    certification?utm_source=pr&utm_medium=pr&utm_campaign=NSE), Academic
    Partner (https://www.fortinet.com/training/security-academy-
    program?utm_source=pr&utm_medium=pr&utm_campaign=academy), and Education
    Outreach (https://www.fortinet.com/training/education-outreach-
    program?utm_source=pr&utm_medium=pr&utm_campaign=outreach) programs.
  * Follow Fortinet on Twitter (https://twitter.com/Fortinet), LinkedIn
    (https://www.linkedin.com/company/fortinet), Facebook
    (https://www.facebook.com/fortinet/), and Instagram

(https://www.instagram.com/behindthefirewall/). Subscribe to Fortinet on our blog
(https://www.fortinet.com/blog?utm_source=blog&utm_medium=blog&utm_campaign= blog) or YouTube
(https://www.youtube.com/channel/UCJHo4AuVomwMRzgkA5DQEOA?sub_confirmation=1 ).
About Fortinet
Fortinet
(https://www.fortinet.com/?utm_source=website&utm_medium=pr&utm_campaign=boiler)
(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 largest 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 (https://www.fortinet.com/nse-
training?utm_source=website&utm_campaign=nse-training), 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
(https://www.fortinet.com/fortiguard/labs?utm_source=website&utm_campaign=fortig
uardlabs), 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
(https://www.fortinet.com/), the Fortinet Blog
(https://www.fortinet.com/blog?utm_source=website&utm_medium=blog&utm_campaign=b
log), and FortiGuard Labs
(https://www.fortinet.com/fortiguard/labs?utm_source=website&utm_campaign=fortig
uardlabs).
FTNT-O
Copyright © 2023 Fortinet, Inc. All rights reserved. The symbols ® and (TM) denote
respectively federally registered trademarks and common law trademarks of
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 Media Contact:             Investor Contact:         Analyst Contact:
                                                      Brian Greenberg
                            Peter Salkowski           Fortinet, Inc.
 Margaret Reeb              Fortinet, Inc.            408-235-7700
 Fortinet, Inc.             408-331-4595              analystrelations@fortinet
 408-235-7700               psalkowski@fortinet.com   .com
 pr@fortinet.com            (mailto:psalkowski@fortin (mailto:analystrelations@
 (mailto:pr@fortinet.com)   et.com)                   fortinet.com)

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