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Hackers are exploiting Fortinet firewall bugs to plant ransomware

1. Hackers exploit Fortinet firewall vulnerabilities, deploying ransomware on networks. 2. Two vulnerabilities, CVE-2024-55591 and CVE-2025-24472, are actively exploited. 3. Fortinet released patches for these vulnerabilities in January. 4. Cyberattacks demonstrate data theft trends among ransomware operators. 5. Mora_001 shares ties with the LockBit gang, increasing threat perception.

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FAQ

Why Bearish?

Exploitation of vulnerabilities creates concerns for Fortinet's cybersecurity effectiveness. Historical instances show similar vulnerabilities led to stock price declines.

How important is it?

The article highlights active exploitation of Fortinet's products, impacting customer trust and brand reputation significantly.

Why Short Term?

Immediate concerns over security can lead to short-term investor reactions. Previous exploitation events usually result in quick market responses.

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