Škoda Appoints FCB as Global Agency of Record Led by London Office

Škoda Appoints FCB as Global Agency of Record Led by London Office

Image Description: A graphic celebrating FCB’s appointment as Global Agency of Record for ŠKODA.

LONDON, April 04, 2023 (GLOBE NEWSWIRE) — Škoda Global Marketing Communications has appointed FCB as their new global creative lead agency partner following a four-way pitch involving three other undisclosed agencies. The account will commence from early April and will be run out of the London office with a remit encompassing major product launches and priorities for over 20 major markets.

The review process, which started last year, was handled by The Observatory International (London) on behalf of Škoda Global Marketing, and the new agency will transition with Škoda’s previous agency, OptimistThjnk, until the end of June.

The Volkswagen Group-owned marque is investing in its brand to compete with the upscale market, and the review follows the development of its new brand platform. The new appointment impacts Škoda’s global creative agency relationship only and does not impact its media agency relationship or relationships with agencies in regions or individual markets.

On appointing FCBMeredith Kelly, Global Head of Marketing Škoda Auto, stated, “With FCB we identified not only first-class agency support but also a true long-term business partner, and they exceeded our expectations throughout every stage of this process. We are looking forward to getting started.”

Katy Wright, CEO FCB Inferno, added, “We had a car-shaped hole in our heart, and we are overjoyed to have filled it with such an iconic auto brand. We look forward to working with the entire global Škoda team in creating business-transforming work.”

“The opportunity to partner with Škoda is a dream come true for everyone across FCB,” said Tyler Turnbull, Global CEO of FCB. “From the first moment we spent together, we felt an incredible connection across our companies given our challenger spirits, passionate people and shared belief in the economic power of creativity. Together, I’m confident that we can help build the Škoda global business like never before.”

About Škoda Auto

 is successfully steering through the new decade with the Next Level – Škoda Strategy 2030.
 aims to be one of the five best-selling brands in Europe by 2030 with an attractive line-up in the entry-level segments and additional e-models.
 is emerging as the leading European brand in important growth markets such as India or North Africa.
 currently offers its customers twelve passenger-car series: the Fabia, Rapid, Scala, Octavia and Superb as
well as the Kamiq, Karoq, Kodiaq, Enyaq iV, Enyaq Coupé iV, Slavia and Kushaq.
 delivered over 731,000 vehicles to customers around the world in 2022.
 has been a member of the Volkswagen Group for 30 years. The Volkswagen Group is one of the most successful vehicle manufacturers in the world.
 independently manufactures and develops not only vehicles but also components such as engines and transmissions in association with the Group.
 operates at three sites in the Czech Republic; has additional production capacity in China, Russia, Slovakia and India primarily through Group partnerships, as well as in Ukraine with a local partner.
 employs 45,000 people globally and is active in over 100 markets.

About FCB

FCB (Foote, Cone & Belding) is a global, award-winning and integrated marketing communications company with a heritage of creativity and success dating from 1873.  FCB Inferno, based in London, work with a diverse mix of both local and global clients to create ideas that drive business today and build brands of tomorrow. Ideas that endure and are Never Finished.

Named Cannes Lions 2022 #2 Global Network, 2022 Ad Age A-List, 2022 Fast Company Most Innovative, Cannes Lions 2020/2021 Global Network of the Year, Adweek 2020 Global Agency of the Year and the #1 Global Network on The Good Report, FCB focuses on creating Never Finished campaign ideas that have the power to transform brands, businesses and communities. With more than 8,000 people in 109 operations in 80 countries, the company is part of the Interpublic Group of Companies (NYSE: IPG). Visit fcb.com or follow @FCBglobal on Instagram and Twitter and FCB Global on Facebook and LinkedIn.

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Kellie Gleason

kellie.gleason@fcb.com

GlobeNewswire Distribution ID 8801841

Fogo de Chão Announces Plans to Enter Ecuador

Leading restaurant from Brazil signs franchise development agreement with Eljuri Group to bring the Fogo experience to Ecuador for the first time

Coral Gables, Fla.

Guests can enjoy new brand extensions such as the Next Level Lounge and The Butchery in the recently opened Coral Gables, Fla. location. https://fogodechao.com/newsroom

DALLAS, April 04, 2023 (GLOBE NEWSWIRE) — Fogo de Chão, the internationally renowned restaurant from Brazil that allows guests to make discoveries at every turn, today announced plans to make its debut in Ecuador with the signing of a franchise development agreement with the Eljuri Group. Through the agreement, the Eljuri Group is set to bring three Fogo restaurants to Ecuador in the coming years. The first location, in Quito, is slated to open in the summer of 2023. The announcement follows Fogo’s recently announced plans to enter BoliviaCosta RicaEl SalvadorCanada and the Philippines, as the brand continues to execute its strategic global growth plan.

The first of three restaurants will open at the JW Marriott, Quito’s premier luxury hotel, and will feature Fogo’s innovative design enhancements. The Quito restaurant will showcase Fogo’s recent brand transformation with enhanced design and innovation platforms in a warm, timeless and approachable setting. Design innovation platforms include an open air churrasco grill where guests can watch as gaucho chefs display the culinary art of churrasco, and a glass-enclosed terrace and bar area for guests to enjoy views of the Ecuadorian sky year-round.

The demand fueling Fogo’s international growth strategy can be credited to the brand’s continued year-over-year positive traffic results and a young, growing guest demographic. For nearly 45 years, Fogo has provided guests with authentic experiences rooted in discovery and continues to transform, innovating to fit guests’ needs. Fogo’s newest openings include restaurants in Woodland Hills, Calif., Paramus, N.J., Coral Gables, Fla., Rio de Janeiro, Brazil, Queens, N.Y., Reston, Va., Monterrey, Mexico and more expected soon.

“2023 is starting as another strong year for Fogo as we continue to execute on our long-term strategic growth plan, which includes expanding our presence in South America,” said Barry McGowan, Chief Executive Officer of Fogo de Chão. “We are honored to work with the accomplished team at the Eljuri Group to bring Fogo to Ecuador for the first time. Our franchisees around the world are an essential part of our brand and we are proud to work with them to introduce new guests to the culinary art of churrasco.”

Reston, Va.

Fogo opened the Reston, Va. location in December 2022, marking the 70th location globally for the brand. https://fogodechao.com/newsroom

With operations in the U.S., Latin America and Europe, the Eljuri Group manages a portfolio of well-known, international hospitality, retail and automotive franchises including JW Marriott, Hilton, Wendy’s, Volkswagen, Hyundai and KIA.

“We are proud to work with Fogo de Chão to bring their distinctive menu and innovative dining experience to Ecuador for the first time,” said Juan Pablo Eljuri, Chairman of the Eljuri Group. “As a longtime fan of Fogo de Chão myself, I believe it will be a unique addition to our portfolio of hospitality brands and look forward to bringing the culinary art of churrasco to Ecuadorians soon.”

Paramus, N.J.

In January 2023, Fogo opened its first New Jersey restaurant in Paramus at Garden State Plaza. https://fogodechao.com/newsroom

Founded in Southern Brazil in 1979, Fogo de Chão is a 45-year-old brand known for its dining experience of discovery and showcasing the culinary art of churrasco where guests can watch as gaucho chefs butcher, hand-carve and grill high-quality cuts of protein over an open flame. With a warm, timeless design and signature offerings including a fresh and seasonal Market Table and an award-winning Bar Fogo menu featuring hand-crafted cocktails and South American wines, Fogo has become a destination of choice by both brand advocates and new guests globally.

For more information about Fogo de Chão, visit fogo.com. To learn more about global franchising opportunities, visit fogo.com/global-development/.

About Fogo de Chão
Fogo de Chão (fogo-dee-shown) is an internationally renowned restaurant that allows guests to discover what’s next at every turn. Founded in Southern Brazil in 1979, Fogo elevates the centuries-old cooking technique of churrasco – the art of roasting high-quality cuts of meat over an open flame – into a cultural dining experience of discovery. In addition to its Market Table and Feijoada Bar – which includes seasonal salads and soup, fresh vegetables, imported charcuterie and more – guests are served simply-seasoned meats that are butchered, fire-roasted and carved tableside by gaucho chefs. Guests can also indulge in dry-aged or premium Wagyu cuts, seafood a la carte, All-Day Happy Hour including signature cocktails, and an award-winning South American wine list, as well as smaller, sharable plates in Bar Fogo. Fogo offers differentiated menus for all dayparts including lunch, dinner, weekend brunch and group dining, plus full-service catering and contactless takeout and delivery options. For locations and more information about Fogo de Chão, visit fogo.com.

About Eljuri Business Corporation
The Eljuri Business Corporation leads more than 120 companies within 12 industries, including: Insurance, Ceramics, Cars, Motorcycles, Beverages, Energy, Financial Services, Home Appliances, Logistics, Hospitality, and Telecommunications. Their extensive experience and knowledge in these fields have allowed for their steady and solid growth, establishing themselves as one of the most important business references in the region.

Today, the Eljuri Business Corporation employs more than 10,000 people, demonstrating their commitment to the development of human talent and contributing significantly to the country’s economy.

Fogo
Guests can enjoy new brand extensions such as the Next Level Lounge and The Butchery in the recently opened Coral Gables, Fla. location. https://fogodechao.com/newsroom

Fogo

Fogo opened the Reston, Va. location in December 2022, marking the 70th location globally for the brand. https://fogodechao.com/newsroom

Fogo

In January 2023, Fogo opened its first New Jersey restaurant in Paramus at Garden State Plaza. https://fogodechao.com/newsroom

Media Contact:
FogoPR@icrinc.com

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GlobeNewswire Distribution ID 8801767

Bipsync and Burgiss team up to provide best-in-class capabilities to private market investors

The new strategic partnership combines Burgiss’ portfolio management with Bipsync’s investment screening, due diligence, CRM, document management, and workflow automation to provide a complete end-to-end lifecycle of private assets.

NEW YORK, April 04, 2023 (GLOBE NEWSWIRE) — Bipsync, a leading provider of RMS technology, and Burgiss, a global provider of data and analytics solutions for investors, announces a new partnership. The Bipsync platform now integrates with Burgiss’ Private i® Platform, which enables mutual clients operating in private markets to leverage Bipsync’s workflow management and document processing abilities with Burgiss’ best-in-class data and analytics. It is the latest addition to Bipsync’s ecosystem of partnerships that enrich the Bipsync experience and value proposition via integrations with our clients’ preferred data and technology providers.

The new data integration allows existing users of Burgiss’ Private i Platform to access key data at the fund, manager, and portfolio levels within Bipsync. This creates a centralized, single source of truth across the firm – from investment screening to due diligence to portfolio monitoring activities. Benefits of the integration include:

  • Key investment data from Burgiss is readily accessible to all teams within your organization.
  • Knowledge can be shared across teams, reducing the need for internal reporting.
  • All interactions with your investments, peers, and competitors can be easily captured.
  • Processes can be made repeatable, measurable, and auditable across pre- and post-commitment activities.

Bipsync offers dedicated dashboards for Burgiss data, giving users direct access to valuable insights that they can customize to their unique requirements, without having to submit data requests or switch between applications.

“This Burgiss collaboration is another milestone in our integration work with best-in-class financial data and analytics providers, building an ecosystem of value with Bipsync at its center,” said Danny Donado, CEO at Bipsync. “We’re ensuring critical data and processes are effectively and efficiently shared across firms, bringing investment and operational workflows together in an intuitive solution that streamlines and automates pipeline, due diligence, and portfolio monitoring processes.”

“Bipsync and the Private i Platform were made for each other, and now together cover the entire lifecycle of private capital investing,” said Jim Kocis, Founder & CEO of Burgiss. “Our clients will be absolutely thrilled with the addition of investment pipeline management, workflow capabilities, and seamless integration with Bipsync.”

The new Private i Platform integration is an addition to the existing integration of the Caissa Platform into Bipsync. Get in touch at hello@bipsync.com to learn more and see the integrations in action.

About Bipsync
Bipsync is a research and document processing and workflow automation solution connecting investment front and back offices. We use modern technologies, agile processes, and user-centered design to drive speed, agility, quality, and efficiency into our customers’ processes to drive better decisions, faster. Bipsync clients span the entire investment management industry across asset class, strategy and size. The world’s largest allocators right through to pre-launch fund managers rely on Bipsync as a single system of record and modern productivity environment to help them power their unique investment processes and drive operational excellence. For more information, visit www.bipsync.com.

About Burgiss
Burgiss is a global, market-leading provider of data and analytics solutions for investors. With over 30 years of expertise in alternative investments, we offer unrivaled data, analytics, and transparency that enable asset owners, asset managers, and financial intermediaries to evaluate and manage complex portfolios. Burgiss’ solutions serve 1,000+ clients in more than 30 countries, delivering data that represents over $15 trillion in assets. With offices throughout the Americas, EMEA, and Asia Pacific, we leverage our network and expertise so that we can service our clients by focusing on their varying needs across regions.

Media Contact
Chau Mai
cmai@bipsync.com
(864) 678-0446

GlobeNewswire Distribution ID 8801749

Acronis launches new Cyber Cloud data center in Mexico City

The latest Cyber Cloud data center ensures faster access, greater data resiliency, and data sovereignty for service provider clients, while empowering MSPs with comprehensive cyber protection solutions

MEXICO CITY, April 04, 2023 (GLOBE NEWSWIRE) — Acronis, a global leader in cyber protection, today announced the availability of a new Cyber Cloud data center in Mexico City, Mexico. This new addition to the company’s global network of Cyber Cloud data centers provides Acronis partners with access to a comprehensive range of cutting-edge cyber protection solutions, empowering them to create new services and offerings to manage their clients’ data protection needs more efficiently and effectively with faster access, continuous data availability, and the added benefit of data sovereignty.

Acronis’ global network of Cyber Cloud data centers includes more than fifty locations in the U.S., U.K., Switzerland, France, Germany, Japan, Australia, Singapore, and other regions. Today’s announcement marks Acronis’ seventh Cyber Cloud data center presence in North America, following the launch of the Toronto location last month. With the new Cyber Cloud data center, Acronis partners in Mexico and the LATAM region will have access to a full suite of cyber protection solutions and managed cloud solutions via the Acronis Cyber Protect Cloud platform, with the added benefit of local data management and support from their service providers.

“The expansion of Acronis Cyber Cloud data centers into Mexico offers a great advantage to our customers,” said Omar Navarro, General Director at VirtualTech. “We are proud to be an Acronis partner and distributor of its cyber protection solutions throughout Mexico and other Latin American countries, providing the best data security possible. With the proximity of a Cyber Cloud data center closer to our customers, the benefits are vast as Acronis continues to safeguard customer data, but now with a more local presence.”

The Acronis Cyber Cloud data centers are tailored to meet corporate and regulatory needs, enabling partners to exceed compliance, data sovereignty, and performance requirements. Acronis’ worldwide Cyber Cloud data centers adhere to the highest standards of physical security to restrict unauthorized physical access and protect the safety of customer data. The Mexico City Cyber Cloud data center’s standards and reports include ISO/IEC 27001:2013, ISO 14001:2015, ISO/IEC 20000-1:2018, ISO 9001:2015, ISO/IEC 38500:2015, ISO22301:2019, MX-574-2022, and MX-575-2022 underscoring Acronis’ commitment to providing secure and reliable cyber protection solutions.

Purpose-built to provide organizations with the utmost levels of data availability, security, and safety for their critical data, applications, and systems, each facility features state-of-the-art as well as the best operational and security controls. The Acronis Cyber Cloud data centers also follow the approach of need plus one (N+1) for greater redundancy across all hardware layers of its infrastructure, minimizing risks and eliminating single points of failure. This ensures that customers can always rely on Acronis for resilient and robust cyber protection solutions.

Acronis General Manager of Latin America and the Caribbean, Agustin Mella, said “The addition of an Acronis Cyber Cloud data center in Mexico is a huge milestone for our company and our LATAM partners. We are rapidly expanding into the market so this latest launch arms us with the juxtaposition necessary to meet the needs of local customers. With each new Acronis Cyber Cloud data center, we are further enhancing the network of availability to offer the most exceptional cyber protection solution in the market.”

Service providers interested in learning more about the advantages and opportunities that are created by offering integrated cyber protection solutions available are encouraged to visit: https://www.acronis.com/en-us/products/cloud/cyber-protect/.

About Acronis

Acronis unifies data protection and cybersecurity to deliver integrated, automated cyber protection that solves the safety, accessibility, privacy, authenticity, and security (SAPAS) challenges of the modern digital world. With flexible deployment models that fit the demands of service providers and IT professionals, Acronis provides superior cyber protection for data, applications, and systems with innovative next-generation antivirus, backup, disaster recovery, and endpoint protection management solutions powered by AI. With advanced anti-malware powered by cutting-edge machine intelligence and blockchain based data authentication technologies, Acronis protects any environment – from cloud to hybrid to on premises – at a low and predictable cost.

Acronis is a Swiss company, founded in Singapore. Celebrating two decades of innovation, Acronis has more than 2,000 employees in 45 locations. Acronis Cyber Protect solution is available in 26 languages in over 150 countries and is used by 18,000 service providers to protect over 750,000 businesses.

Media Contact:
Karl Bateson
Karl.Bateson@acronis.com

GlobeNewswire Distribution ID 8799909

Fortinet Expands its NSE Certification Program to Address Evolving Cybersecurity Skillset Needs

Updates to the Fortinet Network Security Expert (NSE) Certification program and other Training Institute initiatives are helping address the cybersecurity skills gap and the expanding needs of customers and partners

SUNNYVALE, Calif., April 04, 2023 (GLOBE NEWSWIRE) —

John Maddison, EVP of Products and CMO at Fortinet
“Just as the threat landscape is constantly evolving, the same must happen with security teams’ skillsets to stay ahead and eliminate cyber risks. The significant updates we’re making to our flagship NSE Certification program will provide security professionals, including customers and partners, with more flexibility to acquire the skills needed for growth in their ever-evolving job roles. Fortinet is helping close the skills gap by enhancing our award-winning training curriculum that benefits both individuals and the organizations that need skilled talent.”

News Summary
Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced upcoming updates to its flagship Network Security Expert (NSE) Certification program to further help advance cybersecurity skill sets and address the talent shortage.

These updates, going into effect later this year, will help upskill security professionals – including customers, partners and employees – and reskill anyone interested in entering the field by more closely aligning the training curriculum to various cyber career pathways. Other Fortinet certification updates include new naming designations based on proficiency progression and more flexibility for individuals to craft their NSE training journey.

Mitigating Cyber Risks by Addressing the Talent Shortage through Training
One of the top challenges CISOs are facing is the lack of cybersecurity talent to fill the critical roles needed to effectively protect their organizations. Fortinet’s 2023 Global Cybersecurity Skills Gap Report found that as a result of unfilled IT positions due to the cyber skills shortage, 68% of organizations indicate they face additional cyber risks.

To help tackle this challenge, Fortinet established the NSE Certification program in 2015 as part of its longstanding dedication to address the cybersecurity skills gap. In addition to the company’s commitment to technology innovation, this focus transpires into continuously innovating Fortinet’s training curriculum content and how it is delivered. As part of this, the NSE Certification program will now focus on more role-based training aligned to in-demand careers, such as Cloud Security Specialists and Security Operations (SOC) Analysts, which a recent Fortinet report found were the two most sought-after roles.

These changes will further enable security professionals to sharpen their skill sets to stay ahead of new threat methods and learn about the latest security technology to help strengthen their organization’s security posture. At higher levels, there are multiple certification options to better drill down into areas of expertise. The new NSE Certification designations include:

  • Fortinet Certified Expert (FCX): The most elite designation and what has been known as NSE 8 is evolving into Fortinet Certified Expert (FCX). The FCX certification identifies the highest proficiency in comprehensive and expert knowledge of network security design, configuration, and troubleshooting for complex networks.
  • Fortinet Certified Engineer (FCE): These certifications further enable learners to specialize in cybersecurity solutions and gain advanced skills that map to the following key areas: Zero Trust Access, Network Security, Public Cloud Security, Security Operations, and OT Security.
  • Fortinet Certified Professional (FCP): The professional level of certification does a deep dive into role-based training with the ability to certify in the following three areas: Network Security, Public Cloud Security, Security Operations.
  • Fortinet Certified Associate (FCA): This certification centers around cybersecurity technology with a focus on network security and the technical aspects of the next-generation firewall.
  • Fortinet Certified Fundamentals (FCF): This certification will focus on the foundational knowledge and skills that are required to learn how to operate cybersecurity products and solutions. This curriculum also offers courses that cover today’s threat landscape and the fundamentals of cybersecurity.

Existing NSE Certification holders with an NSE level 1-8 designation, including Fortinet’s partner community, can expect a smooth transition from their existing achievements to the revamped certification program with required exams clearly mapped out for each proficiency level. These enhancements will begin rolling out gradually with finalized transition expected in the fall of 2023. For information on the overall NSE Certification program updates, visit here. More information about the partner benefits of these changes is available here.

Fostering Cyber Skills through the Fortinet Training Institute
As the cornerstone of the Fortinet Training Institute – also comprised of the Education Outreach program, Academic Partner program, Authorized Training Center program, and more – the expansion of Fortinet’s certifications will also benefit participants of these programs, including veterans, students and under-represented groups. Some key highlights of advancements across these programs in helping address the skills gap and pledge to train 1 million people by 2026 include:

  • Increasing training through new public and private sector collaborations: Fortinet has partnered with the All-India Council for Technical Education (AICTE) and EduSkills Foundation to offer 100,000 virtual internships in the field of cybersecurity across India. Through these kind of cross sector public and private collaborations, Fortinet is helping bring more talent into the field.
  • Continuing to build the workforce of the future with new academic partnerships: The Academic Partner program provides academic institutions with Fortinet’s training curriculum to integrate into their students’ learning. Fortinet has surpassed 500 academic partners globally, including the addition of Ecole 2600 based in France that will use Fortinet’s training in its Hybrid Lab providing hands-on learning.
  • Developing OT security skills: Fortinet is partnering with Purdue University to increase awareness of OT cybersecurity career pathways and foster the development of OT security talent at both the graduate and undergraduate levels. Purdue Polytechnic’s newly constructed Smart Manufacturing laboratories and research testbeds in the new Dudley and Lambertus Halls (Gateway Complex) utilize hardware and software donated by Fortinet to monitor and manage operations, support research, and provide real-world laboratory experiences in their courses. Additionally, Purdue leverages Fortinet training materials to support the laboratory curriculum.
  • Instilling fundamental cyber awareness through free offering global expansion: Building on the success and demand seen in the U.S. after making the company’s customized version of its Security Awareness and Training service available for free to educators tied to the 2022 White House National Cyber Workforce and Education Summit, Fortinet is expanding the offering across the United Kingdom. The service is now available to more than 1 million education staff in nearly 30,000 schools across the U.K.
  • Increasing access to technical training for security professionals: Fortinet is increasing access for security professionals to upskill through its Authorized Training Center (ATC) program, with new partners including Computer Gross in Italy and DNS based in Czech Republic.

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, 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, 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 verified 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.

Media Contact: Investor Contact: Analyst Contact:
Stephanie Lira
Fortinet, Inc.
408-235-7700
pr@fortinet.com
Peter Salkowski
Fortinet, Inc.
408-331-4595
psalkowski@fortinet.com
Brian Greenberg
Fortinet, Inc.
408-235-7700
analystrelations@fortinet.com

GlobeNewswire Distribution ID 8801226

Fortinet Unveils New Real-Time Response and Automation Capabilities Across its Security Fabric, Empowering CISOs to Build a Self-Defending Ecosystem

New Innovations, Including FortiOS 7.4, Support Organizations in Building a Cybersecurity Platform Across Endpoint Security, SOC Automation, Threat Intelligence, Identity and Access, and Application Security

SUNNYVALE, Calif., April 04, 2023 (GLOBE NEWSWIRE) — Accelerate 2023

Michael Xie, Founder, President and CTO at Fortinet
“From our founding, Fortinet’s broad portfolio has been built with integration and automation in mind. Our commitment to this vision has made Fortinet a leader in supporting customers with consolidating point products into one unified cybersecurity platform – what we call the Fortinet Security Fabric. With today’s news, we are taking this commitment one step further by adding new real-time response and automation capabilities to improve efficacy, increase effectiveness, and accelerate time to resolution of sophisticated attacks.”

News Summary
Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced it has expanded the Fortinet Security Fabric with new and enhanced products and capabilities to enable advanced threat prevention and coordinated response for a self-defending ecosystem across networks, endpoints, and clouds.

The Majority of Organizations are Pursuing a Consolidation Strategy for Their Security

According to a recent survey from Gartner®, 75 percent of organizations are pursuing security vendor consolidation, up from 29 percent in 2020. The same survey notes, “Security and risk management leaders are increasingly dissatisfied with the operational inefficiencies and the lack of integration of a heterogenous security stack. Buyers are now looking for more efficient and integrated solutions, rather than point security products.”1

The Fortinet Security Fabric Supports Consolidation

Fortinet leads vendor consolidation with its Security Fabric platform comprised of over 50 enterprise-grade products. Today, Fortinet is widening this leadership position even further by adding new real-time response and automation capabilities across its Security Fabric to transform detection to real-time protection. New products and enhancements, including the introduction of FortiOS 7.4, span the following five key areas:

Endpoint Security & Early Response

  • Simplify and expedite incident analysis: Built on a cloud-native foundation, FortiEDR and FortiXDR now provide additional interactive incident visualization with enriched contextual incident data using multiple threat intelligence feeds that enable customers to simplify and expedite investigations.
  • Block anomalous and malicious network activity: Unveiled today is a new FortiNDR Cloud offering which combines robust artificial intelligence, complemented by pragmatic analysis and breach protection technology. The solution provides 365-day retention and visibility into network data, with built-in playbooks, and threat hunting capabilities to detect anomalous and malicious behavior on the network. Customers can also now choose from a self-contained, on-premises deployment powered by Fortinet’s Virtual Security Analyst or a new guided SaaS offering maintained by advanced threat experts from FortiGuard Labs.
  • Mitigate supply chain risks: FortiRecon, supported by threat experts from FortiGuard Labs, now delivers enhanced proactive threat intelligence into critical risks associated with supply chain vendors and partners, including external exposed assets, leaked data, and ransomware attack intelligence.
  • Deceive threat actors in real time and at scale: FortiDeceptor now offers vulnerability outbreak defense. When a vulnerability is reported by FortiGuard Labs, the vulnerability is automatically pushed as a feed to the outbreak decoy, to deceive attackers from real assets to fake assets and quarantine the attack early in the kill chain. Further, a SOAR playbook can automatically initiate the creation and strategically place deception assets to gather granular intel and stop suspicious activities.
  • Access and share threat intelligence with a global community: FortiDeceptor also now offers a new attack exchange program which allows FortiDeceptor customers to anonymously exchange valuable intel on the most current attacks and take proactive steps to avoid a breach.

SOC Automation & Augmentation

  • Further simplify security operations and accelerate the detection of threats: FortiAnalyzer enables more sophisticated event correlation across different types of log sources using a new intuitive rules editor that can be mapped to MITRE ATT&CK® use cases. In addition, FortiSOAR now offers a turnkey SaaS subscription option, inline playbook recommendations driven by ML, extensive OT security features and playbooks, and unique no/low code playbook creation enhancements.
  • Reduce alert triage and power more effective threat hunting: FortiSIEM now includes new link graph technology which allows for easy visualization of relationships between users, devices, and incidents. The solution is also now powered by an advanced machine learning framework, which enhances protection by detecting anomalies and outliers that may be missed by traditional methods.
  • Remain one step ahead of adversaries: Fortinet now offers AI-assisted incident triage through its FortiGuard SOC-as-a-Service offering, as well as new SOC operations readiness and compromise assessment services from FortiGuard Labs.

AI-Powered Threat Intelligence

  • Effectively counter multi-step, cyber-physical attacks: Fortinet has enhanced its FortiGuard AI-powered Device Security Services to further support IT/OT convergence. Time to protection is significantly reduced with enhanced automated virtual patching for both OT and IT devices based on global threat intelligence, zero-day research, and CVE query service. Granular OT security at the industry level is enhanced with Industrial Internet of Things (IIoT) and Internet of Medical Things (IoMT) device convergence.
  • Reduce time to remediation and increase threat hunting effectiveness with new mapping of industrial devices and communication paths to the Purdue Reference Model hierarchy, new OT-specific playbooks for threat remediation, and incorporated use of the ICS MITRE ATT&CK® matrix for OT threat analysis.

Identity and Access

  • Secure access to critical assets: Providing secure remote access for IT and OT networks, FortiPAM, an integral component of Fortinet’s Identity and Access Management portfolio also comprised of FortiAuthenticator and FortiToken, now includes zero-trust network access (ZTNA) controls when users try to access critical assets. The ZTNA tags can be applied to check device posture continuously for vulnerabilities, updated AV signatures, location, and machine groups.

Application Security

  • Identify and fix vulnerabilities and misconfigurations in pre-production and runtime applications: FortiDevSec is a new comprehensive application security testing solution incorporating SAST, DAST and SCA, for early vulnerability and misconfigurations detection, and protection including secret discovery. The tool scans application code in CI/CD pipelines and provides actionable remediation information to developers. The tool natively integrates with Jenkins, Bamboo, Azure DevOps, and more.

Supporting Quotes

“The received wisdom in security has long been that one should choose best-of-breed products and stitch them all together. Across the industry, the prevailing wisdom has changed as people increasingly realize that it makes more sense to have an integrated stack where different components work seamlessly together to create a proactive and automated security posture, and it is great to see this approach reflected in Fortinet’s Security Fabric.” – JP DiCicco, IT Manager Infrastructure Operations, RES Americas

“Adding additional Fortinet products into our environment and having that single Security Fabric really allows us to respond quickly to incidents, whereas before with the different siloed systems, they did not communicate with each other, so their intelligence was limited. But when we started migrating to the Fortinet suite, it really provided a lot of intelligence and automation to allow us to respond more quickly and to be more proactive.” – Andy Craig, Chief Innovation Officer, Maple Knoll Communities

Fortinet Accelerate 2023
Accelerate is Fortinet’s annual customer and partner conference taking place April 3-6, 2023. Visit Fortinet’s LinkedIn company profile on April 4th to live stream the keynotes, which will dive into today’s cybersecurity news, as well as new innovations across Fortinet’s secure networking portfolio.

Additional Resources

1 Gartner, Infographic: Top Trends in Cybersecurity 2022 — Vendor Consolidation, John Watts, Dionisio Zumerle, Published 19 August 2022.

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.

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 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, 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 verified 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.

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Fortinet, Inc.
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