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Cybersecurity for Financial Services

As high-value targets, financial services institutions are continually being attacked, making it difficult to move from a reactive cybersecurity stance to a proactive one. The Fortinet Security Fabric provides an integrated cybersecurity mesh platform that covers all aspects of the business, from the trading floor, to the data center, to the branches, to the cloud. This ensures consistent security across the entire organization. 

Security for Modern Transactions

Financial services institutions face mounting challenges from several directions at once. The Fortinet Security Fabric offers a solution that includes leading-edge machine learning and AI technologies, providing timely and consistently top-rated protection and actionable threat intelligence.

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Fortinet Financial Services Cybersecurity Solutions

Fortinet uniquely converges networking and security features in FortiOS, the industry’s most mature and prolific operating system. Delivering convergence via a single operating system enables efficient operations and ensures that user experience and security are consistent no matter where users or applications are distributed.

An Open Ecosystem for Financial Services

To address today’s complex financial services environments, an open cybersecurity ecosystem that unifies multi-vendor solutions is required. Fortinet has the largest ecosystem in the industry with more than 500 partners. These include technology partners, threat Intelligence partners, tools for DevOps, and partners for automation.

Challenges

Improving End-user Experience

Customers expect a seamless and personalized experience

Complex Networks

Non-integrated security products operate in silos and cannot effectively respond to threats

Cloud Adoption

Forced acceleration to cloud results in a variety of amplified security risks

Expanding Attack Surface

Executive teams need to ensure resiliency, compliance, and security effectiveness

Ineffective Application and Network Segmentation

Current segmentation approaches fall short, enabling threats to spread

Cost Reduction

Limited cybersecurity budgets require strategic financial and human resource allocation

Fortinet Differentiators for Financial Services Cybersecurity

Convergence of Network & Security
Tightly integrated network infrastructure and security architecture is more effective.
Secure SD-Branch
Enables better security and network performance from the switching infrastructure to the data center.
Content Inspection Architecture
A virtual perimeter spans corporate data centers, multiple clouds, IoT devices, and more.
Fortinet Cloud Security
Transforms business across banking, capital markets, insurance, and payments.
SASE + ZTNA
FortiSASE ensures secure access regardless of where users, workloads, devices, or apps are located.
Ruggedized Secure Appliance
A single rugged power-packed appliance converges networking and security capabilities for remote ATMs.

Case Studies

The company needed a high-performance, scalable solution that could empower the networking operations group to deploy hundreds of teleworking devices concurrently."
- U.S. Multinational Financial Services Institution
Scalability was a big concern for the company, as was the ability to integrate with the team’s chosen automation platform—Red Hat Ansible. Fortinet’s robust representational state transfer (REST) API enabled a deeper and more robust Ansible integration than other solutions that were considered, and FortiGate next-generation firewalls (NGFWs) delivered superior performance and scalability. Additionally, the Fortinet team was very responsive to requests for support and new features. An internal analysis projects $100 million in cost savings and efficiency gains in five years from deployment of FortiGate next-generation firewalls (NGFWs).
- One of the World’s Largest Financial Institutions
With Fortinet, we were able to achieve 30% CapEx savings on cybersecurity investments against comparable solutions, a notable figure as we strived to achieve agility and cost-efficiency in our IT operations.”
- Director of IT and Strategic Infrastructure, Vietnamese Bank
We have effectively cut our outages in half. The proof is in the pudding that Fortinet Secure SD-WAN does what it is supposed to do.”
- Joe Mogelinski, Senior Network Engineer, USI Insurance Services

Related Products

Cybersecurity, everywhere you need it

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Take a self-guided tour to experience how the Fortinet Security Fabric addresses the cybersecurity challenges in financial services.

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Resources

White Papers
Solution Briefs
Analyst Reports
Checklists
eBooks
Videos
Cybersecurity for Financial Services »

Here we explore looming threats from quantum technology, collaborative industry efforts to bolster encryption, and the transformative influence of artificial intelligence. Can a unified approach fortify the financial system against evolving cyber threats?

How to Secure an ATM Network »

Exposed, unattended, and geographically dispersed: automated teller machines (ATMs) are among a financial institution’s most vulnerable assets. Subsequently, they warrant best-of-breed security

Major Trends in European Retail Banking for 2024 »

Squaring the Circle of Cybersecurity, Resilience, and Increased Regulatory Pressure

Fortinet Answers Burning Questions from EMEA Banking Executives on Cybersecurity Excellence »

Fortinet’s experts, Melih Kirkgoz, Director of Systems Engineering (International Emerging Region), and Jason Ward, Major Account Manager (UK&I), address questions posed during the recent roundtable event titled, “Streamlining Cybersecurity: Overcoming Challenges in ZTNA Adoption and Remote Access Security.

The Future of Cloud for Finance »

Discover insights into the dynamic intersection of cloud technology and cybersecurity. Your institution's digital success starts with a strong foundation of trust and resilience.

Understanding the Cyber Insurance Risks of an Evolving Threat Landscape »

Cyber insurance is designed to protect businesses in the event of a data breach or cyber attack. However, it is in the interest of all parties to mitigate as much risk as possible. This will require a continued, collaborative effort on the part of both insurers and their customers.

Introducing FortiGate Rugged 70G »

Introducing the FortiGate Rugged 70G, backed by the latest, fifth-generation Fortinet SP5. Converging dual 5G modem, Al-powered security, and zero trust to securely connect and protect operational technology, we're providing unparalleled networking performance so customers can realize secure and simplified infrastructure, enhanced business efficiencies and cost savings, and an excellent user experience -even in the most remote, hard-to-reach locations.

2024 Threat Predictions Report »

In our 2024 threat predictions report, our FortiGuardLabs team looks at a new era of advanced cybercrime, examines how AI is changing the (attack) game, shares fresh threat trends to watch for this year and beyond, and offers advice on how organizations everywhere can enhance their collective resilience against an evolving threat landscape.

How Cybersecurity Solutions Are Reshaping the Financial Landscape »

In a rapidly evolving digital landscape, the financial sector demands not just security but transformation. As high-value targets, financial services institutions are continually being attacked, making it difficult to move from a reactive cybersecurity stance to a proactive one. The Fortinet Security Fabric provides an integrated cybersecurity mesh platform that covers all aspects of the business, from the trading floor, to the data center, to the branches, to the cloud. Join us on an exclusive journey as we unveil Fortinet's advanced cybersecurity solutions, empowering financial institutions across EMEA to thrive in the digital age.

Secure Financial Transactions with Fortinet »

The financial services sector is a high-value target for cyberattacks and highly regulated by jurisdictions around the world. Facing constant intrusion attempts and other attacks, IT solutions for financial services often find it difficult to move from a reactive cybersecurity stance to a proactive one. Achieving this goal is complicated by a continually expanding attack surface brought about by new technologies launched through digital innovation initiatives.