Latest news with #Fortinet
Yahoo
2 days ago
- Business
- Yahoo
Fortinet (FTNT) Supercharges Cloud Security with FortiCNAPP on AWS
Fortinet, Inc. (NASDAQ:FTNT) is one of 12 best cybersecurity stocks to buy now. Fortinet, Inc. (NASDAQ:FTNT) has expanded its cloud security offering with the latest enhancements to its cloud-native application protection platform, FortiCNAPP, and has made the solution more widely available through the AWS Marketplace. The move aims to provide comprehensive code-to-cloud protection at a time when enterprises are increasingly relying on cloud infrastructure and demanding tighter integration between development and security operations. A close-up of a user authenticating into a secure network using a two-factor authentication process. Built on Lacework technology, FortiCNAPP offers visibility and protection from the earliest stages of application development through to deployment and runtime. The platform is designed to identify vulnerabilities in code, misconfigurations in cloud settings, compromised credentials, and active threats, while minimizing the volume of alerts that typically overwhelm security teams. By correlating findings across different stages of the application lifecycle, FortiCNAPP helps organizations prioritize and respond to the most serious risks. Customers using FortiCNAPP are already seeing tangible results. LawnStarter, a company operating in a cloud-native environment, reported a 75 percent drop in compliance violations after deploying the platform. They credit the tool with improving access control, identifying configuration issues, and securing sensitive data within their AWS systems. With its inclusion in the AWS Marketplace, FortiCNAPP is now easier to deploy and integrates directly with services like Amazon Inspector, GuardDuty, and Security Hub. These updates reinforce Fortinet's commitment to delivering integrated cloud security solutions that reduce complexity while enhancing protection across modern IT environments. The latest release positions Fortinet to meet growing demand for unified, scalable cloud security. While we acknowledge the potential of FTNT to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than FTNT and that has 100x upside potential, check out our report about this cheapest AI NEXT: 10 Best Small Cap Tech Stocks With Biggest Upside Potential and . Disclosure: None. Effettua l'accesso per consultare il tuo portafoglio
Yahoo
4 days ago
- Business
- Yahoo
FTNT's Unified SASE Strategy Drives Growth: Hold or Fold the Stock?
Fortinet FTNT is strengthening its enterprise cybersecurity position through a unified Secure Access Service Edge (SASE) strategy that combines next-generation firewall, SD-WAN, secure web gateway and Data Loss Prevention (DLP) into a single OS, FortiOS. This helps organizations streamline security while cutting complexity and costs. Fortinet also offers sovereign SASE solutions for regulated to Fortinet, the typical SASE journey starts with FortiGate firewalls, then expands to SD-WAN and FortiSASE. By the first quarter of 2025, 73% of large enterprises had adopted Fortinet's SD-WAN, while FortiSASE penetration rose to 11%, up nearly 10 points the first quarter, unified SASE billings grew 18% year over year, representing 25% of total billings. Fortinet cited strong momentum across industries, with several major wins displacing incumbent SASE vendors due to better performance, integration and cost investors should take a closer look at what is working in Fortinet's favor and what is holding it back, explaining why FTNT stock is a hold for now. Let's delve deeper into the company's fundamentals. Fortinet is strengthening its unified SASE architecture with cloud-native solutions to secure hybrid and multi-cloud environments. Updates to FortiCNAPP and the launch of services like FortiAppSec Cloud, FortiMail Workspace Security, FortiNDR Cloud, FortiSIEM and Incident Response on AWS Marketplace support its cloud-first strategy. Enhancements to FortiMail and FortiDLP expand protection to browsers and collaboration apps, which are key parts of the Secure Web Gateway and DLP in SASE. These AI-driven, fabric-integrated upgrades will help drive FTNT's revenues in the near term. The cybersecurity market is extremely competitive and characterized by rapid technological change. Among others, Fortinet's competitors include Palo Alto Networks PANW, Zscaler ZS and CrowdStrike CRWD. Palo Alto Networks has driven growth through strategic partnerships, including an expanded alliance with VMware and collaborations with Aruba Networks and others under its NextWave program. Zscaler has grown via acquisitions like Airgap Networks and Avalor, strengthening its Zero Trust and threat prediction tools. CrowdStrike continues to expand its Falcon platform, now with 29 modules, including Falcon Data Protection and AI-powered XDR features. These aggressive moves by key rivals highlight the intense competition Fortinet faces in maintaining its market share and growth momentum. Fortinet shares have gained 9.8% in the year-to-date (YTD) period, underperforming the Zacks Security industry's growth of 23.8%, but outperforming the Zacks Computer and Technology sector's return of 4.5%.Fortinet's underperformance compared with the industry is driven by rising competitive pressure in the fast-growing cybersecurity space. While progress in AI and SASE offers support, customer hesitancy and macro uncertainties have weighed on investor of Palo Alto Networks, Zscaler and CrowdStrike have returned 12.4%, 73.1% and 44%, respectively, YTD. Image Source: Zacks Investment Research Fortinet's valuation may be a concern for some investors. The stock is trading at a significant premium compared to the broader Zacks Security industry. As of the latest data, FTNT's Price/Book ratio hovers around 40.40, well above the industry's 24.95. The Value Score of F further reinforces a stretched valuation for Fortinet at this moment. Image Source: Zacks Investment Research Fortinet expects revenues for the second quarter of 2025 in the range of $1.59 billion to $1.65 billion, which suggests growth of 13% at the midpoint. It anticipates non-GAAP earnings per share in the band of 58-60 cents. Fortinet maintained a cautious outlook for the second quarter, citing macroeconomic and geopolitical uncertainties. While close rates and sales trends remained solid, sales teams were hesitant to raise expectations. The company also noted customer hesitancy in finalizing purchases, prompting a prudent approach to guidance despite steady demand. The Zacks Consensus Estimate for second-quarter 2025 revenues is pegged at $1.62 billion, suggesting 12.94% year-over-year growth. The consensus mark for second-quarter 2025 earnings is pegged at 59 cents per share, which has remained steady over the past 30 days, indicating 3.51% year-over-year growth. Fortinet's earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 23.83%. Fortinet, Inc. price-consensus-chart | Fortinet, Inc. Quote Fortinet's strong SASE growth, new cloud-based offerings and expanding customer base show that the company is moving in the right direction. However, tough competition, premium valuation and cautious guidance suggest that the stock may not see major gains in the near term. While its long-term prospects remain solid, the stock has underperformed compared to the industry and faces clear headwinds due to macroeconomic and geopolitical uncertainties. For now, it makes sense for investors to hold their position and wait for clearer signals before considering fresh currently has a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Fortinet, Inc. (FTNT) : Free Stock Analysis Report Palo Alto Networks, Inc. (PANW) : Free Stock Analysis Report Zscaler, Inc. (ZS) : Free Stock Analysis Report CrowdStrike (CRWD) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
6 days ago
- Business
- Yahoo
Email Encryption Market worth $23.33 billion by 2030- Exclusive Report by MarketsandMarkets™
DELRAY BEACH, Fla., June 24, 2025 /PRNewswire/ -- The Email Encryption Market is projected to reach USD 23.33 billion by 2030 (forecast year) from USD 9.30 billion in 2025 (estimated year), at a CAGR of 20.2% during 2025–2030, according to a new report by MarketsandMarkets™. Browse in-depth TOC on "Email Encryption Market" 360 – Tables 320 - Figures350 – Pages Download PDF Brochure @ Scope Of the Report Report Metrics Details Market size available for years 2019–2030 Base year considered 2024 Forecast period 2025–2030 Forecast units Value (USD Billion) Segments covered Offering, Services, Type, Organization Size, Deployment Mode, Vertical, and Region. Geographies covered North America, Europe, Asia Pacific, Middle East & Africa, and Latin America Companies covered Major vendors in the global Email Encryption Market are Fortinet (US), BAE Systems (UK), Mimecast (UK), Cisco (US), Proofpoint (US), Zoho (India), Broadcom (US), OpenText (Canada), Barracuda Networks (US), Thales (France), HPE (US), Entrust (US), Fortra (US), Sophos (UK), Trend Micro (Japan), Seclore (US), Egress Software (KnowBe4) (UK), Echoworx (Canada), Lux Scientiae (LuxSci) (US), NeoCertified (US), SSH Communications (Finland), Retarus (Germany), Paubox (US), PreVeil (US), Sealit Technologies (UK), SendSafely (US), and Zivver (Netherlands). The increasing sophistication and frequency of cyberattacks, such as Business Email Compromise (BEC) scams and spear-phishing attacks targeting private data, are leading to the expansion of the Email Encryption Market. Additionally, the growing digitization of sectors like government, healthcare, legal services, and finance has further heightened the need to secure confidential data in transit. Request Sample Pages@ Global regulations such as GDPR in Europe, HIPAA in the US, and other international data protection regulations are driving organizations worldwide to adopt strong encryption practices to avoid fines and legal consequences. Furthermore, businesses are prioritizing secure email communication among distributed and remote teams due to the increased attack surface created by the rapid adoption of cloud-based platforms and hybrid work environments. These factors have collectively resulted in significant investments in email encryption solutions worldwide. Based on vertical, healthcare sector to register highest CAGR during forecast period. There is a rapid growth in the adoption of email encryption in the healthcare sector, driven by the need to comply with stringent regulatory requirements, such as the Health Insurance Portability and Accountability Act (HIPAA) in the US, particularly regarding patient data protection. According to HIPAA regulations, healthcare organizations in many countries, including the US, are required to safeguard patient health information, especially when transmitted via email. Moreover, healthcare organizations are increasingly investing in advanced encryption tools as cyber threats targeting health data rise, particularly given its high black-market value. Healthcare institutions worldwide aim to minimize the risk of data breaches, enhance the security of email communications, and avoid serious legal consequences. This heightened concern for safety and regulatory mandates fuels the rapid growth of email encryption within the healthcare sector. By deployment mode, on-premises segment to hold largest market size during forecast period. The on-premises deployment mode is expected to dominate the Email Encryption Market during the forecast period, mainly because it is extremely popular among government agencies and large businesses that prioritize complete control over their data security setup. These organizations often handle highly sensitive or regulated data, and due to concerns about data sovereignty, compliance, and breach risks, they are reluctant to rely on external cloud providers. By offering greater flexibility, interoperability with legacy systems, and protection against outside access, on-premises solutions allow enterprises to maintain direct control over encryption keys and security procedures. In sectors where strict data protection laws and internal security requirements prevail, such as defense, banking, and healthcare, this deployment strategy remains particularly favored. These factors drive the demand for on-premises deployment in the Email Encryption Market. Inquire Before Buying@ By region, Asia Pacific to register highest CAGR during forecast period. The Asia Pacific (APAC) region is witnessing the fastest growth in the Email Encryption Market due to the rapid digital transformation and a sharp increase in cyber threats. As per Abnormal Security's 2025 data, advanced email attacks have increased in countries like Japan, Singapore, India, and Australia, up almost 27% overall and over 30% in phishing alone, with a 37% spike in Japan and Singapore. Due to the strategic positions of these APAC countries in international trade, finance, and defense, they frequently become the focus of sophisticated and state-sponsored cyberattacks, such as targeted phishing and BEC. With traditional defenses proving inadequate, there is a rising demand for AI-powered email encryption solutions that offer real-time threat detection, behavioral analysis, and secure integration with mobile and cloud platforms. Further, with an increase in regulatory pressure and a rise in digital adoption, email encryption is becoming a strategic necessity across APAC. Top Key Companies in Email Encryption Market: The report profiles key market players such as Fortinet (US), BAE Systems (UK), Mimecast (UK), Cisco Systems (US), Proofpoint (US), Zoho (India), Broadcom (US), OpenText (Canada), Barracuda Networks (US), Thales (France), HPE (US), Entrust (US), Fortra (US), Sophos (UK), Trend Micro (Japan), Seclore (US), Egress Software (KnowBe4) (UK), Echoworx (Canada), Lux Scientiae (LuxSci) (US), NeoCertified (US), SSH Communications (Finland), Retarus (Germany), Paubox (US), PreVeil (US), Sealit Technologies (UK), SendSafely (US), and Zivver (Netherlands). Browse Adjacent Markets: Information Security Market Research Reports & Consulting Related Reports: Middle East Cyber Security Market- Global Forecast to 2030 Identity Verification Market - Global Forecast to 2030 Anti-Money Laundering Market - Global Forecast to 2030 Digital Forensics Market - Global Forecast to 2030 Quantum Key Distribution Market - Global Forecast to 2030 Get access to the latest updates on Email Encryption Companies and Email Encryption Industry About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe. Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem. The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts. To find out more, visit or follow us on Twitter , LinkedIn and Facebook . Contact:Mr. Rohan SalgarkarMarketsandMarkets™ INC. 1615 South Congress 103, Delray Beach, FL 33445USA: +1-888-600-6441Email: sales@ Our Website: Logo: View original content: SOURCE MarketsandMarkets Sign in to access your portfolio
TECHx
6 days ago
- Business
- TECHx
AI in Cybersecurity: Protector or Pretender?
Home » Emerging technologies » Cyber Security » AI in Cybersecurity: Protector or Pretender? AI in Cybersecurity is transforming threat detection and response, but rising deepfakes and weak governance raise urgent questions about trust, safety, and control. AI is making cybersecurity smarter and faster. IBM's 2025 Security Report shows that AI can detect 85–90% of cyberattacks, way better than traditional methods. AI-powered Security Operations Centers (SOCs) are also cutting false alarms by 50% and automating about half of incident responses. In the UAE, AI adoption in cybersecurity is accelerating rapidly. Industry reports from PwC and other leading consultancies show that a vast majority of companies in the region are integrating AI tools to improve threat detection, automate incident response, and speed up recovery times. Tools like machine learning and behavior tracking help detect strange activity, find new types of attacks, and respond fast. With AI, security teams are cutting response times by 35%, a huge boost when dealing with massive amounts of data. But Attackers Use AI Too Unfortunately, the bad guys also use AI. A Fortinet report says there are over 36,000 AI-powered scans happening every second, 17% more than last year. Hackers are creating ultra-convincing phishing emails, faking voices for scams, and running automated attacks. In the UK, one CEO's voice was cloned by AI to trick an employee into sending $240,000. Top Media house shared a similar story where a journalist fooled a bank with a deepfake voice in just minutes. A 2024 study found that 66% of people couldn't tell AI-made audio from real voices. Even worse, 44% couldn't spot fake videos. That shows how tricky AI-powered scams have become. According to a University College London (UCL) study, participants were only able to detect artificially generated speech 73% of the time. The study involved 529 participants listening to real and AI-generated speech in English and Mandarin, showing humans struggle to reliably distinguish deepfakes. Another University of Florida study in November 2024 tested 1,200 people to identify real audio from digital fakes. While participants claimed 73% accuracy, many were fooled by AI-generated details such as accents and background noise. The Governance Gap Even though many companies use AI, few have formal rules to ensure its safe use. A recent 2025 survey of legal teams in the financial sector revealed that while 90% of firms have adopted AI tools, only 18% have established official policies to govern their use, and just 29% consistently follow these policies. This gap highlights the urgent need for stronger governance frameworks to prevent AI from creating new vulnerabilities instead of solving existing ones. What Companies Should Do Set Clear AI Rules: Make guidelines for how AI should be used, and keep checking that it's used safely. For example, voice detection systems like PITCH can spot deepfakes with 88% accuracy. Strengthen Defenses: Use AI inside secure systems, and back it up with strong password systems and device protection. Train Your Team: Help your security staff understand how to spot AI-powered threats and use AI tools wisely. According to Darktrace, 74% of cybersecurity experts see AI threats as a big deal, and 90% think they'll get worse soon. AI is changing the cybersecurity game. But whether it helps or hurts depends on how we use it. To stay ahead, businesses need smart tools, smart rules and smart people. The future of digital safety isn't just about tech, it's about responsibility.
IOL News
6 days ago
- Business
- IOL News
Why passwords are no longer a fortress: rethinking security in the digital age
Most corporate password policies still rely on complexity: a combination of 12 characters, mixed case, numbers, symbols, and mandatory resets. Image: Red Ribbon Communications Doros Hadjizenonos, Regional Director at Fortinet The password is no longer a fortress in and of itself. In a landscape where attackers effortlessly bypass traditional defences, passwords have become more of a revolving door to a greater security fortress – one that needs to be built on resilience, not strength. For years, password length and complexity were the cornerstones of cyber-hygiene. Today, however, attackers are outmanoeuvring this strategy. FortiGuard Labs recorded over 100 billion stolen credentials traded on underground markets last year – a 42% surge fuelled by massive 'combo lists' harvested from past breaches. These lists enable cybercriminals to automate credential-stuffing at scale, meaning a single leaked username and password can unlock numerous corporate accounts in seconds. Doros Hadjizenonos, Regional Director at Fortinet Image: Red Ribbon Communications Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Next Stay Close ✕ Human behaviour compounds the problem. Approximately six in ten people still reuse passwords across personal and professional accounts, while the average user juggles nearly 170 logins. It is unrealistic to expect anyone to create and remember 170 unique, complex passphrases. Faced with this cognitive overload, weak habits emerge: recycled passwords, sticky notes, and temporary credentials that persist for years. Attackers exploit this reality, primarily through phishing. Roughly 70% of stolen passwords originate from phishing campaigns, and the rise of AI-generated lures has made fraudulent emails and fake login pages nearly indistinguishable from legitimate ones. South African organisations, particularly small and medium-sized enterprises (SMEs), often lack the resources to filter every suspicious message, making them attractive targets. Complexity rules losing their punch Most corporate password policies still rely on complexity: a combination of 12 characters, mixed case, numbers, symbols, and mandatory resets. While complexity does slow brute-force cracking, its effectiveness diminishes once credentials are stolen or phished. Complexity increases the effort required for a direct attack, but it's futile against attackers who purchase valid logins on the darknet. Four priorities for South African defenders Make Multi-Factor Authentication (MFA) mandatory, everywhere. Industry studies indicate that MFA blocks over 99% of automated credential abuse. However, adoption across Africa remains around 50% and is often lower among SMEs. An organisation's security is only as robust as its weakest privileged account. Therefore, every administrator console, VPN, and SaaS dashboard must be protected by an additional security factor. Accelerate the shift to passwordless access. FIDO2 hardware keys, mobile passkeys, and platform-based biometrics cannot be replayed or phished. Organisations that pilot password-free logins typically experience a reduction in help desk calls and fewer account takeover alerts. These benefits should encourage broader adoption in South African organisations. Deploy enterprise-grade password managers . While passwordless solutions mature, most businesses operate in a hybrid environment. Password managers generate high-entropy passwords, securely autofill them, and audit reuse, while providing the governance logs increasingly required by regulators. Integrate identity intelligence into a broader security fabric. Fortinet's Continuous Threat Exposure Management (CTEM) approach correlates leaked-credential intelligence with network telemetry. This enables automated credential resets when an employee's email address appears on a combo list, preventing criminals from exploiting those credentials. Combined with AI-driven phishing protection, this approach minimises opportunities for attackers. Don't overlook the human firewall Technology alone cannot address a behavioural challenge. Fortinet's recent research reveals that 70% of South African organisations lack basic cyber-awareness training. Regular simulations that train staff to identify spoofed login pages and report suspicious messages are a cost-effective, high-impact defence layer. Leadership must champion these programmes and mitigate security fatigue by ensuring policies and training are perceived as empowering rather than punitive. Resilience and resistance Passwords will remain part of the authentication landscape for the foreseeable future, but their role is evolving. Attackers understand that breaching identity is cheaper and faster than exploiting zero-day vulnerabilities, and the darknet's thriving credential economy provides sophisticated tools to even the least skilled criminals. South African businesses that adopt ubiquitous MFA, passwordless pilots, robust vaulting, and continuous exposure management will make that economy less profitable.
