FTNT Fortinet Inc.

Yedpay Secures its Cloud Deployment with Fortinet to Power Business Growth

Yedpay Secures its Cloud Deployment with Fortinet to Power Business Growth

Fortinet Security Fabric’s Dynamic Cloud Security Offerings Deliver Advanced Security for Fintech Innovator

John Maddison, EVP of products and CMO at Fortinet 

“Migrating to cloud environments adds extra complexity and risks if security isn’t part of an organization’s cloud strategy from the onset. Customers like Yedpay rely on Fortinet to provide advanced security for all their deployments as they’re moving to cloud environments. In addition to protecting the expanded attack surface, Fortinet’s dynamic cloud security offerings, which are part of the Fortinet Security Fabric, simplifies operations with single-pane-of glass management and doesn’t compromise network performance.”

SUNNYVALE, Calif., Jan. 06, 2020 (GLOBE NEWSWIRE) -- Fortinet® (NASDAQ: FTNT), a global leader in broad, integrated and automated cybersecurity solutions, today announced that merchant payment solutions company Yedpay has deployed an end-to-end to help bolster security as it moves its infrastructure to the cloud. Fortinet’s enable Yedpay to protect its current operations, stay ahead of cyber attacks and confidently expand service offerings to grow the business.

Established in Hong Kong in 2014, Yedpay provides a secure platform for e-commerce payments for thousands of small and medium-sized businesses (SMEs) that are underserved by other financial services providers. Its infrastructure connects merchants, including taxi drivers and other SMEs, with payment issuers and supports marketing and analytics tools.

Like other organizations in the financial services sector, Yedpay is now leveraging virtualization and cloud computing to help it deliver applications and services with greater speed and flexibility. Fortinet is able to power Yedpay’s speed of digital innovation with an equally agile security strategy achieved through the Fortinet Security Fabric. All Fortinet solutions seamlessly work together, are easily managed and also integrate smoothly with Yedpay’s existing security solutions to ensure consistent and secure connectivity across complex multi-vendor networks and different hardware, virtual environments and cloud environments.

With expertise in working with fintech startups and other financial services companies around the world, Fortinet helped Yedpay accelerate its cloud migration journey and reduces management and operational overheads without compromising security.

“We deployed five years ago to protect our on-premise network infrastructure. Fortinet was the clear choice to help us move our workloads to a public cloud environment with their Fortinet Security Fabric offerings,” said Alva Wong, Yedpay’s co-founder and chief information security officer. “Every component of the Fortinet Security Fabric is fully integrated into the entire network and every part of the security architecture is visible via a single console that is user-friendly and easy to operate. With Fortinet, a secure cloud migration that would normally take a year took us only a month.”

The Fortinet Security Fabric is an intelligent platform that unifies various security solutions across the network to detect, block and remediate attacks. It reduces and manages the attack surface through broad visibility, stops advanced threats with artificial intelligence-driven breach prevention, and reduces complexity via automated operations and orchestration across endpoints, access points, network elements, the data center, applications, cloud and data.

The offerings deployed by Yedpay includes:

  • The , with vendor-agnostic interoperability and advanced threat prevention built in to provide outstanding network visibility.



  • The provides Yedpay with AI-based behavioral scanning for threat detection and protection from the OWASP top ten most critical web app security risks. This includes cross-site scripting (XSS) and SQL injection attacks



  • The provides Yedpay cross-correlation of Security Operations Centre and Network Operations Center (SOC-NOC) analytics and automated workflows. It also provides single-pane-of-glass management to speed up and improve threat response, free time up for critical business operations and stop breaches before they occur

“Fortinet provides us with an end-to-end security solution and a single point of contact with deep multi-vendor integration. This not only gave us peace of mind during the migration, but continues to give us an easy way to secure our network architecture that is also highly scalable, incredibly powerful and cost-effective,” Mr. Wong added.

Additional Resources

  • Learn more about .
  • Find out how  delivers broad, integrated, and automated protection across an organization’s entire digital attack surface from IoT to the edge, network core and to multi-clouds.
  • Learn more about and the FortiGuard Security Services .
  • Learn more about the FortiGuard , which provides security audits and best practices.
  • Learn more about Fortinet’s , , and .
  • Follow Fortinet on , , , , and . 

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 425,000 customers trust Fortinet to protect their businesses. Learn more at , the , or .    

FTNT-O

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 technology releases among others. Changes of circumstances, product release delays, or other risks as stated in our filings with the Securities and Exchange Commission, located at , 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.

Media Contact Investor Contact Analyst Contact
Stephanie Lira Peter Salkowski Ron Davis
Fortinet, Inc. Fortinet, Inc. Fortinet, Inc.
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06/01/2020

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