Fortinet leaves the Russian market

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Fortinet® (NASDAQ: FTNT), a global leader in complex, integrated and automated cybersecurity solutions, announced today the termination of operations in Russia. The company has stopped all sales, support and professional services of Fortinet. Fortinet continues to follow all security protocols, as well as laws and recommendations of the US government and other countries.

Fortinet also promised to support employees in Russia who will be out of work.

“The company works with customers and governments around the world to protect itself from Russian cyber attacks. As one of the founders of the Cybersecurity Center of the World Economic Forum, as well as through our partnership with the Cyber Threat Alliance and the Joint Cyber Defense Association (JCDC), organized by the U.S. Cybersecurity and Infrastructure Security Agency (CISA), Fortinet actively cooperates with a network of non-governmental, industry and government organizations seeking to ensure the security of people, devices and data worldwide.” – it is reported on the company’s website.

Against the background of leaving Russia, the company’s shares have depreciated by 13% and continue to fall.

Currently, there are two large IS companies in Russia – the American Pao Alto and the Israeli Checkpoint, which remain on the market for the time being.

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