TMCnet News

Fortinet Helps Secure Entire Network of Leading Financial Services Provider -- From Data Center to Endpoints and 400 Branch Offices in Between
[January 06, 2014]

Fortinet Helps Secure Entire Network of Leading Financial Services Provider -- From Data Center to Endpoints and 400 Branch Offices in Between


(Marketwire Via Acquire Media NewsEdge) SUNNYVALE, CA -- (Marketwired) -- 01/06/14 -- Fortinet® (NASDAQ: FTNT) -- a global leader in high-performance network security -- today announced that Shriram Group, one of India's largest asset financing companies, has deployed its FortiGate® network security platform, FortiManager™ and FortiAnalyzer™ centralized management and reporting appliances and FortiClient™ endpoint security client to help secure its data center and 400 branch offices across India. Shriram Group chose Fortinet over several other next-generation firewall vendors for this project based on the company's ability deliver high performance, low latency and easy-to-manage solutions, as well as its strong partner and support ecosystem.



Founded in 1974, Shriram Group has 45,000 employees and manages assets worth Rs.60,000 crores for 9.5 million customers. Its core financial services are commercial vehicle finance, general and life insurance, consumer finance, retail stock-broking and chit funds.

Many of Shriram Group's branches are in tier-III cities where Multiprotocol Label Switching (MPLS)/ Virtual Private Network (VPN) connectivity is not feasible, making security and control over applications at those branches difficult. The huge data load passed onto the gateway firewall resulted in extremely low throughputs from the data center. To improve network performance, Shriram Group worked with Fortinet to define common policies for users to access applications by enabling a broad range of security features including antivirus, antispam, Web filtering, VPN and application control. The financial services provider also wanted to improve Internet access management at MPLS locations. Centralized management, low total cost of ownership (TCO) and hardware stability were other top criteria defined by Shriram Group as part of the vendor selection for the deployment of this new infrastructure.


"We needed high performance firewalls to reduce latency while enabling our users to access applications," said Sendil Kumar, AVP - IT at Shriram Value Services, Shriram Group's IT and ITES division. "The FortiGate appliances, which included high throughput at the data center and multi-functionality at the branch level, suited our needs perfectly. The icing on the cake was FortiClient, a simple yet powerful tool, which we effectively use to control user access and secure endpoints." By providing separate firewalls for its Internet gateway and MPLS connection, which included deploying a FortiGate-3040B cluster at the data center, FortiGate-1000A, FortiGate-600C, FortiGate-310B and FortiGate-300C appliances at the corporate offices and more than 400 FortiGate-60C and FortiGate-40C boxes at the branch offices, Shriram Group has been able to greatly reduce network and application latency. The security architecture, deployed as a two-layer firewall with data center zoning, replaced all the routers at the branches, helping the group's branches provide secure network access and Internet connectivity via 3G modems conveniently plugged into the USB ports of the FortiGate appliances.

The FortiGate 3040B has distributed loads across multiple Internet service provider connections and with eight 10GbE ports it has increased the firewall throughput. The FortiManager virtual appliance centralizes policy management and controls the endpoints via the FortiClient software installed at the branch offices. Thanks to FortiClient's Web filtering and application control features, Shriram Group is able to restrict Internet and Web-based application access at a granular level. The FortiAnalyzer-1000C centrally performs network analysis and reports on network anomalies.

In addition to Fortinet's innovative technology, Shriram Group was also pleased with the dedication of system integrator SNS, whose team helped overcome the challenge of deploying the Fortinet appliances in hundreds of remote locations throughout India. SNS coordinated technical support for those branch offices and afterwards put the customer in direct contact with its engineers for personalized support -- without having to go through call centers or multi-level procedures.

"The Shriram Group implementation underscores the fact that Fortinet's broad product portfolio is flexible and scalable enough to enable high performance and low latency network security from the core datacenter down to the endpoint," said Rajesh Maurya, Fortinet's Country Manager for India & SAARC. "The FortiGate feature set, combined with the ability to easily deploy a variety of appliance models to meet the security needs of each site, helped Shriram Group reduce hardware costs, simplify management and ultimately improved their security posture." About Fortinet (www.fortinet.com) Fortinet (NASDAQ: FTNT) protects networks, users and data from continually evolving threats. As a global leader in high-performance network security, we enable businesses and governments to consolidate and integrate stand-alone technologies without suffering performance penalties. Unlike costly, inflexible and low-performance alternatives, Fortinet solutions empower customers to embrace new technologies and business opportunities while protecting essential systems and content. Learn more at www.fortinet.com.

Copyright © 2013 Fortinet, Inc. All rights reserved. The symbols ® and ™ denote respectively federally registered trademarks and unregistered trademarks of Fortinet, Inc., its subsidiaries and affiliates. Fortinet's trademarks include, but are not limited to, the following: Fortinet, FortiGate, FortiGuard, FortiManager, FortiMail, FortiClient, FortiCare, FortiAnalyzer, FortiReporter, FortiOS, FortiASIC, FortiWiFi, FortiSwitch, FortiVoIP, FortiBIOS, FortiLog, FortiResponse, FortiCarrier, FortiScan, FortiAP, FortiDB, FortiVoice and FortiWeb. 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, binding specification or other binding commitment by Fortinet, 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. Changes of circumstances, product release delays, or other risks as stated in our filings with the Securities and Exchange Commission, located at www.sec.gov, 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.

FTNT-O Add to Digg Bookmark with del.icio.us Add to Newsvine Media Contact: Rick Popko Fortinet, Inc.

408-486-7853 [email protected] Investor Contact: Michelle Spolver Fortinet, Inc.

408-486-7837 [email protected] Source: Fortinet

[ Back To TMCnet.com's Homepage ]