Financial Crime World

Financial Sector Embraces Proactive Risk Management with Fortinet’s AI-Powered Cybersecurity Solutions

The financial sector is adopting proactive risk management strategies to stay ahead of evolving cyber threats. Cutting-edge technologies such as Security-as-Code (SaC) and Generative AI (GenAI) are playing a crucial role in this effort. Fortinet, a global cybersecurity leader, has been at the forefront of AI innovation for over a decade, and its recent release of Fortinet Advisor marks a significant leap forward in bolstering cybersecurity efforts.

Fortinet Advisor: A Game-Changer in Cybersecurity

Fortinet Advisor is an innovative GenAI assistant that empowers security operations (SecOps) teams to investigate and remediate threats at an unprecedented pace. Seamlessly integrated into FortiSIEM and FortiSOAR, the solution provides contextually aware incident analysis, remediation guidance, and playbook templates in natural language within seconds.

The Power of GenAI

The integration of GenAI through Fortinet Advisor takes Fortinet’s legacy portfolio of over 40 AI-powered offerings to the next level. This solution is designed to reduce mean time to detect and respond, making it an essential tool for financial institutions looking to stay ahead of cyber threats.

“GenAI has the power to make security teams smarter, more efficient, and more productive,” said Jon Oltsik, Distinguished Analyst and Fellow at Enterprise Strategy Group.

“Fortinet Advisor, backed by Fortinet’s long history of AI innovation and deep threat expertise, can help organizations improve business operations and harden themselves against attack, especially for those struggling with the cybersecurity skills gap.”

Comprehensive Approach to Cybersecurity

Financial institutions are also embracing a comprehensive approach to cybersecurity, which includes:

  • Streamlining vendor management
  • Advancing incident readiness
  • Forging strategic partnerships with cybersecurity experts

The European Central Bank (ECB) has introduced a pioneering cyber resilience stress test, while the International Monetary Fund (IMF) underscores the urgent need for global cooperation to fortify the financial system against growing cyber threats.

Proactive Engagement and Risk Management

As the financial sector navigates the complex intersection of global politics, financial landscapes, and cybersecurity resilience, institutions that proactively engage with industry dialogues, leverage innovative solutions, and prioritize risk management will be well-positioned to thrive and contribute to shaping the resilient future of the financial sector.

Learn More about Fortinet’s Solutions

To learn more about how Fortinet’s solutions can empower financial institutions, please visit www.fortinet.com.