Fortinet Achieves GovRAMP Security Authorization | FTNT Stock News

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  • Fortinet (FTNT, Financial) receives GovRAMP authorization for FortiGuard AI-Powered Security Services and FortiCare Services, enhancing its competitive positioning in government cybersecurity.
  • GovRAMP authorization affirms Fortinet's compliance with NIST Special Publication 800-53 Rev. 4, setting the stage for potential FedRAMP certification pursuits.
  • Fortinet continues to expand its market presence within state and local government sectors, leveraging its extensive threat intelligence and 24x7 technical support capabilities.

Fortinet (FTNT) has announced that it has achieved GovRAMP authorization at a moderate impact level for its flagship services, FortiGuard AI-Powered Security Services and FortiCare Services. GovRAMP, which standardizes the delivery of cybersecurity solutions for governmental bodies, ratified Fortinet's compliance with security parameters based on the National Institute of Standards and Technology (NIST) Special Publication 800-53 Rev. 4 framework.

This noteworthy certification permits Fortinet's products to manage controlled unclassified information, thus enabling the protection of sensitive but non-classified data essential to the operations of state and local governments. FortiGuard services integrate comprehensive threat intelligence into Fortinet's Security Fabric, while FortiCare provides unlimited 24x7 technical support from a global team of over 1,900 security experts.

Securing GovRAMP authorization supports Fortinet's strategic goal to broaden its presence in the public sector cybersecurity market. The company also has plans to pursue Federal Risk and Authorization Management Program (FedRAMP) certification, indicating its dedication to meeting the rigorous security requirements mandated by federal government entities.

Through independent validation by a third-party assessing organization, Fortinet's GovRAMP authorization underscores its commitment to cybersecurity resilience. This milestone not only enhances Fortinet's offerings but also provides significant opportunities to capture new revenue streams from government contracts, as it aligns with the procurement needs of public sector agencies that prioritize vendor compliance with standardized security protocols.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.