SUNNYVALE, Calif., Oct. 28, 2019 (GLOBE NEWSWIRE) —
Ken Xie, Founder, Chairman of the Board, and CEO, Fortinet
“As businesses become more networked and operations extend from the cloud to the edge and Internet of Things, the digital attack surface has expanded exponentially and has become more complex to secure. Manual threat hunting or point security solutions are ineffective when managing or securing these new environments. Instead security and the network need to be integrated and orchestrated to enable advanced threat containment at network speeds. In acquiring enSilo, we add automated, real-time detection, protection, and response enhancements to our Fortinet Security Fabric to further protect endpoints and corresponding edge data.”
News Summary
Fortinet® (NASDAQ: FTNT), a global leader in broad, integrated and automated cybersecurity solutions, announced today it has completed the acquisition of enSilo, a privately held advanced endpoint security company headquartered in San Francisco, California. The acquisition further enhances the Fortinet Security Fabric and strengthens Fortinet’s powerful endpoint and network security solutions by providing customers with advanced endpoint security that offers:
- Automated real-time protection against advanced threats and incident response services provided by a team of cyberthreat experts
- Patented code-tracing technologies that thwart attacks and prevent exfiltration and ransomware, to help ensure PCI, HIPAA, and GDPR compliance
- Lightweight agent with protection parity across multiple operating systems including Linux, Windows, and macOS
- Unique coordinated security for the Internet of Things (IoT), through integrated access control and endpoint security functionality
- Flexible on-premise and cloud deployment with multi-tenancy and the ability to scale to hundreds of thousands of endpoints
The combination of Fortinet and enSilo will be a powerful offering for enterprises and service providers of all sizes. Fortinet intends to offer customers additional security effectiveness through the integration of enSilo’s endpoint detection and response (EDR) technology with Fortinet’s FortiSIEM solution, FortiInsight UEBA (user entity behavior analytics) features, and FortiNAC solution. Enterprises will gain superior endpoint visibility and tightly coordinated, dynamic control of network, user, and host activity within their environment. Likewise, MSSPs will be able to extract the full value of this combination and deliver a comprehensive and efficient managed detection and response (MDR) service. Furthermore, enSilo, a Fortinet Security Fabric-ready partner prior to the acquisition, already complements FortiGate Next-generation Firewalls, FortiSandbox, FortiSIEM and the FortiClient Fabric Agent, providing an additional detection and enforcement layer that helps organizations further reduce the time to detect, investigate, and remediate malicious attacks.
Roy Katmor, Chief Executive Officer and Founder, enSilo
“Together, enSilo and Fortinet share the commitment to solve customers’ most difficult challenges and to protect the endpoint and their corresponding operations and data. Now, enSilo brings its patented approach for advanced endpoint protection and response to Fortinet and its broad security portfolio.”
Dave Gruber, Senior Analyst, Enterprise Strategy Group (ESG)
“According to ESG research, 76% of organizations find threat detection and response more difficult today than two years ago. Vendors like Fortinet are tackling this problem by constructing an integrated security platform across endpoints, network and cloud infrastructure. The move to natively add enSilo’s automated EDR capabilities to the Fortinet platform should improve and accelerate alert correlation, leading to faster threat detection and incident response.”
Terms of the deal were not disclosed.
Additional Resources
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About Fortinet
Fortinet (NASDAQ: FTNT) secures the largest enterprise, service provider, and government organizations around the world. Fortinet empowers its customers with intelligent, seamless protection across the expanding attack surface and the power to take on ever-increasing performance requirements of the borderless network – today and into the future. Only the Fortinet Security Fabric architecture can deliver security without compromise to address the most critical security challenges, whether in networked, application, cloud or mobile environments. Fortinet ranks #1 in the most security appliances shipped worldwide and more than 415,000 customers trust Fortinet to protect their businesses. Learn more at http://www.fortinet.com, the Fortinet Blog, or FortiGuard Labs.
Copyright © 2019 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, FortiGate, FortiGuard, FortiCare, FortiManager, FortiAnalyzer, FortiOS, FortiADC, FortiAP, FortiAppMonitor, FortiASIC, FortiAuthenticator, FortiBridge, FortiCache, FortiCamera, FortiCASB, FortiClient, FortiCloud, FortiConnect, FortiController, FortiConverter, FortiDB, FortiDDoS, FortiExplorer, FortiExtender, FortiFone, FortiCarrier, FortiHypervisor, FortiInsight, FortiIsolator, FortiMail, FortiMonitor, FortiNAC, FortiPlanner, FortiPortal, FortiPresence , FortiProxy, FortiRecorder, FortiSandbox, FortiSIEM, FortiSwitch, FortiTester, FortiToken, FortiVoice, FortiWAN, FortiWeb, FortiWiFi, FortiWLC, FortiWLCOS and FortiWLM.
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. This news release may contain forward-looking statements that involve uncertainties and assumptions, such as statements regarding integration plans, sales expectations, and technology releases among others. Changes of circumstances, changes in product plans and product integration plans for any reason, the failure of the market to adopt certain technology for any reason, product release delays, or other risks as stated in our filings with the Securities and Exchange Commission, located at www.sec.gov, may cause results to differ materially from those expressed or implied in this press release. If the uncertainties materialize or the assumptions prove incorrect, results may differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Fortinet assumes no obligation to update any forward-looking statements, and expressly disclaims any obligation to update these forward-looking statements.
