Fortinet seeks to be No 1 in 2020

Tech February 23, 2015 18:23

By The Nation

12,715 Viewed

Fortinet International Inc has announced that it aims to be Number 1 in in security business in 2020.

Peerapong Jongvibool, Thailand, Myanmar, Laos, Cambodia and Vietnam Country Manager, Fortinet International Inc, said his firm would try to reach the goal by deploying multi-function and smart product strategy to increase the customers’ business competitiveness and operational efficiency.
“Security issues reach board level.  CIOs and CTOs believe the job of keeping their enterprise protected is becoming more challenging. Serious boardroom pressure to keep the enterprise secure has jumped almost one-third in the last 12 months, making security paramount and a primary consideration over other business initiatives,” Peerapong said.
He sees that key trends in enterprise market will be IoT, mobile applications and interestingly digital economy in Thailand. 
In Digital economy, the business drives occur in all business segments, not in particular business, he added. 
Digital economy becomes the new platform that all businesses need to transform themselves towards to, in order to become more competitive than others. Therefore, security becomes more useful that they should be applied to give more business benefits, such as in data mining to big data environments. 
Security should be intelligent and equipped with data analytics capabilities. Security should be able to support the business directions and stringer compliance, for example for banking financial environments,” he said.
“What Fortinet does is to educate the customers that we are now talking about security platform that can meet the business direction in each segment, not just individual firewall appliance. We need to show how our security platform can cover their business requirements and our reliable supports when they are developing their business,” Peerapong said.
“I believe that all size of businesses in Thailand will inevitably convert themselves to digital economy trend, or else they will lose their business competitiveness. The process and equipment that they are using should be smarter. For example, in a modern supermarket an advanced country, they give free SIM to customers to use free Internet at their sites. Of course, the customers are happy because they can use free Internet. That supermarket also can learn their customer’s behavior, finding that for example, they shop every 28th of the month and most of the time buy soap, pops and rice. Then, supermarket offers promotion of the right product to that customer. Other supermarkets unavoidably need to transform and do the same thing. This is the global trend.”
Fortinet sess that the digital economy transformation opens business opportunities to its businesses.
Pathom Suksathit, Pre-Sale Technical Consultant at Fortinet International Inc. said:
“As the 2015 New Year looms,  Fortinet and its threat research division FortiGuard Labs, have taken a look ahead to determine the most significant cyber security threats of the upcoming New Year – both from the perspective of a Black Hat hacker, as well as a Threat Intelligence solutions vendor.  As the number of devices connected to the network increase, cyber criminals will continue to hone their prowess when it comes to IoT attacks and advanced evasion techniques, while also continuing to exploit large-scale server side vulnerabilities for financial gains and other nefarious purposes.  Businesses and government organizations globally are at risk, as are consumers’ important personal information.” 
According to its press statement, Fortinet foresees significant trends and cyber security threats based on the Perspective of a Black Hat Hacker in 2015 as: 
- Blastware to Destroy Systems, Erase Data and Cover Hacker Tracks 
This destructive new trend of malware, following Scareware and Ransomware could lead to the ability for hackers to infiltrate systems, gather data and then wipe out the information to on systems and hard drives to cover tracks and thwart forensics. FortiGuard Labs observed the first indications of Blastware in 2014, Dorkbot/NGRbot, where the hackers had code routines built in, that if altered, would self-destruct and wipe out all information on the hard drive.  This is a direct counter response to the rise of incident response services.  Fortinet predicts that APT developers will build in sophisticated self-destruct mechanisms in seek and destroy fashion that could hamper law enforcement and forensics efforts as these resources increase to fight cyber crime. Hackers may also seek to use these tactics for ransom – i.e. to destroy data if ransom isn’t paid in a certain timeframe.
- Hackers Look to Evade Law Enforcement, Frame the Innocent
As cyber crime increases, law enforcement practices to catch and penalize perpetrators increase with it.  Thus, hackers must be more careful and calculated to evade arrest.  In 2015, advanced evasion techniques will evolve in order for attackers to cover their tracks. To date, evasion has been currently focused on counter antivirus and intrusion prevention/antibotnet. Fortinet predicts this will evolve with a focus on Sandbox evasion. In addition, similar to counter intelligence, it is possible that attackers will frame the innocent by throwing more red herrings into their attacks to thwart investigators and intentionally planting evidence that that point to an unassociated attacker. 
- Internet of Things Becomes Internet of Threats (IoT)
In 2014, we saw an interesting shift - namely Heartbleed and Shellshock – focused on server side vulnerability and exploitation. Looking forward to 2015, we fully expect this trend to continue in an alarming way as black hat hackers pry open the Internet of Things. Hackers will continue to follow the path of least resistance as more and more devices are connected to the network.  Vulnerabilities that Black Hat hackers will look to exploit will include Consumer home automation and security systems, as well as webcams, which we are already beginning to see. On the Enterprise side, Network Attached Storage and Routers will continue to be targets, as will critical infrastructure such as Human Machine Interfaces (HMI) and Supply Chain systems, which will create significant problems with third-party components and patch management.  Common malware distributed and sold will include SCADA functionality, such as Havex’s OPC routine that would fingerprint devices used in industrial networks, and report this back to users. 
- Denial of Revenue/Data Breaches Continue and Expand 
2014 is becoming known as the "year of the data breach,” with significant thefts from stores like Target, Michaels, P.F. Changs and Home Depot.  FortiGuard predicts this trend will continue in 2015 as hackers become more sophisticated and find new loopholes for infiltrating retail and financial systems. In the New Year, damages will also extend to denial of service on assembly line, factory, ERP/SAP systems, as well as healthcare and building management, creating even more challenges in the way of critical consumer data compromises, revenue losses and reputation damages for organizations globally. 
- Rise in Counter Threat Intelligence 
Crime services and solutions have already supported QA for malware, including sample scanning. Fortinet predicts this to extend to support QA for threat intelligence and undetected coverage for indicator of compromise (IOC) in 2015.  As crime services extend their research and coverage, hackers will utilize the same type of processes for determining the best ways to bypass security systems. For example, current crime services scan malware against vendors’ capabilities to stop it, and give them a score result. As vendors expand from malware detection to threat intelligence correlation, criminals will work to counter this movement with the same type of approaches to find out if their botnet infrastructure is flagged in other intelligence systems as well, and work to hide their tracks.