Chinese hack of US telecoms compromised more firms than previously known, WSJ says [Yahoo! Finance Canada]
Fortinet, Inc. (FTNT)
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Source: Yahoo! Finance Canada
Hackers also exploited unpatched network devices from security vendor Fortinet and compromised large network routers from Cisco Systems, the newspaper reported. In addition to deep intrusions into AT&T and Verizon, hackers pierced other networks belonging to Lumen Technologies and T-Mobile, according to the report. China denied engaging in such actions and accused the United States of peddling disinformation. There is growing concern about the size and scope of the reported Chinese hacking into U.S. telecommunications networks and questions about when companies and the government will be able to assure Americans about the issue. The report added that U.S. national security adviser Jake Sullivan told telecommunications and technology executives at a secret White House meeting in the fall of 2023 that Chinese hackers had gained the ability to shut down dozens of U.S. ports, power grids and other infrastructure targets at will. The Chinese-linked Salt Typhoon cyberespionage op
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FTNT
News
- Fortinet, Inc. (NASDAQ: FTNT) was upgraded by analysts at Piper Sandler from a "neutral" rating to an "overweight" rating. They now have a $120.00 price target on the stock, up previously from $100.00.MarketBeat
- Fortinet, Inc. (NASDAQ: FTNT) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $100.00 to $114.00. They now have a "buy" rating on the stock.MarketBeat
- Fortinet to Announce Fourth Quarter and Full Year 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- Fortinet to Announce Fourth Quarter and Full Year 2024 Financial ResultsGlobeNewswire
- Dow Jones Member Nvidia, Fortinet, Ralph Lauren Eye Buy Points [Yahoo! Finance]Yahoo! Finance
FTNT
Earnings
- 11/7/24 - Beat
FTNT
Sec Filings
- 1/2/25 - Form 4
- 1/2/25 - Form 4
- 1/2/25 - Form 4
- FTNT's page on the SEC website