EnterpriseNews

Yedpay is now powered by Fortinet Security Fabric

Fortinet recently announced that merchant payment solutions company Yedpay has deployed an end-to-end Fortinet Security Fabric.

The main objective is to help bolster security as it moves its infrastructure to the cloud.


Fortinet’s dynamic cloud security solutions enable Yedpay to protect its current operations, stay ahead of cyberattacks and confidently expand service offerings to grow the business.

Established in Hong Kong in 2014, Yedpay provides a secure platform for e-commerce payments for thousands of small and medium-sized businesses (SMEs) that are underserved by other financial services providers. Its infrastructure connects merchants, including taxi drivers and other SMEs, with payment issuers and supports marketing and analytics tools.

Much like other companies in the financial sector, Yedpay is now leveraging virtualization and cloud computing to help it deliver applications and services with greater speed and flexibility.


And Fortinet is able to power Yedpay’s speed of digital innovation with an equally agile security strategy achieved through the Fortinet Security Fabric.

With expertise in working with fin-tech startups and other financial services companies around the world, Fortinet helped Yedpay accelerate its cloud migration journey and reduce management and operational overheads without compromising security.

“We deployed Fortinet Network Firewalls five years ago to protect our on-premise network infrastructure. Fortinet was the clear choice to help us move our workloads to a public cloud environment with their Fortinet Security Fabric offerings,” said Alva Wong, Yedpay’s co-founder and chief information security officer. “Every component of the Fortinet Security Fabric is fully integrated into the entire network and every part of the security architecture is visible via a single console that is user-friendly and easy to operate. With Fortinet, a secure cloud migration that would normally take a year took us only a month.”

These are the Fortinet Security Fabric deployed by Yedpay:

  • The FortiGate Next-Generation Firewall, with vendor-agnostic interoperability and advanced threat prevention built in to provide outstanding network visibility.
  • The FortiWeb Web Application Firewall (WAF) provides Yedpay with AI-based behavioral scanning for threat detection and protection from the OWASP top ten most critical web app security risks. This includes cross-site scripting (XSS) and SQL injection attacks.
  • The FortiSIEM provides Yedpay cross-correlation of Security Operations Centre and Network Operations Center (SOC-NOC) analytics and automated workflows. It also provides single-pane-of-glass management to speed up and improve threat response, free time up for critical business operations and stop breaches before they occur.

“Migrating to cloud environments adds extra complexity and risks if security isn’t part of an organization’s cloud strategy from the onset. Customers like Yedpay rely on Fortinet to provide advanced security for all their deployments as they’re moving to cloud environments. In addition to protecting the expanded attack surface, Fortinet’s dynamic cloud security offerings, which are part of the Fortinet Security Fabric, simplify operations with single-pane-of-glass management and don’t compromise network performance,” John Maddison, EVP of products and CMO at Fortinet.

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