Fortinet adds quantum-safe encryption to FortiOS

SUNNYVALE, Calif. - Fortinet (NASDAQ:FTNT), a cybersecurity leader with an $81.85 billion market cap and "GREAT" financial health according to InvestingPro, announced on Tuesday new quantum-resistant security features in its FortiOS 7.6 operating system, designed to protect organizations against emerging quantum computing threats.

The cybersecurity company, which maintains impressive gross profit margins of 81.34% and has grown revenues by 13.83% over the last twelve months, has integrated post-quantum cryptography methods into its platform, including National Institute of Standards and Technology (NIST)-approved algorithms like ML-KEM, along with emerging algorithms such as BIKE, HQC, and Frodo.

The expanded capabilities aim to help organizations with sensitive data defend against "harvest-now, decrypt-later" attacks, where cybercriminals collect encrypted information to decrypt once quantum computing becomes more advanced.

"As quantum computing advances, organizations can trust Fortinet’s technology innovation and leadership to safeguard their critical data and future-proof their infrastructures," said Michael Xie, Founder, President, and Chief Technology Officer at Fortinet, according to the press release.

The quantum-safe features are available at no additional cost to FortiGate next-generation firewall and Fortinet Secure SD-WAN customers. These include quantum key distribution (QKD) support, which uses quantum mechanics to enable secure key exchanges and detect eavesdropping attempts.

Fortinet has also implemented algorithm stacking, which combines multiple cryptographic algorithms for enhanced resilience, and a hybrid mode that allows gradual transition to post-quantum security by integrating traditional public-key cryptography with QKD.

The company stated that industries handling highly sensitive data with long-term value, such as telecommunications, financial services, government, and healthcare, are particularly vulnerable to quantum-powered threats. For deeper insights into Fortinet’s market position and growth potential, InvestingPro subscribers can access 12 additional exclusive ProTips and comprehensive financial analysis through the Pro Research Report.

An enhanced user interface has been added to simplify the configuration and management of these quantum-safe settings, allowing network administrators to implement the security measures more easily.

In other recent news, Fortinet reported enhancements to its security offerings, launching the FortiMail Workspace Security suite and upgrading the FortiDLP data loss prevention solution. These advancements aim to provide comprehensive protection for email, browsers, and collaboration tools against AI-enabled cybercrime. Meanwhile, Cantor Fitzgerald raised its price target for Fortinet to $110, citing improved trends in the second quarter of 2025, with an uptick in close rates and channel incentives driving refresh strength. KeyBanc Capital Markets maintained an Overweight rating on Fortinet, setting a price target of $115 based on positive feedback from channel partners, despite concerns over turnover in the company’s go-to-market team. Fortinet also announced the passing of board member William H. Bill Neukom, who had been with the company since 2013 and contributed significantly to its growth. In related cybersecurity news, CyberArk Software Ltd is among the firms potentially benefiting from recently exploited Microsoft security vulnerabilities, as noted by TD Cowen analyst Shaul Eyal. These developments highlight ongoing activity and interest in the cybersecurity sector.

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