A10 Networks’ Solutions Evolve to Address Escalating Malware and DDoS Threat Vectors

Rhea-AI Summary

A10 Networks (NYSE: ATEN) is witnessing a surge in customer demand due to the digital transformation accelerated by the pandemic. With an increasing reliance on IoT devices, gaming, and cloud technologies, the need for robust application and network security has intensified. The company has successfully deployed cybersecurity solutions to a variety of clients, including a gaming firm and a European telecom provider, demonstrating resilience despite COVID-related challenges. A10's DDoS protection solution has emerged as a critical asset in safeguarding against sophisticated cyber threats, as reflected in their recent report showing a 12% increase in DDoS weapon availability from 2018 to 2020.

Positive

• Significant increase in customer demand amidst digital acceleration due to pandemic.
• Successful deployment of cybersecurity solutions, enhancing customer satisfaction.
• Recent report indicates 12% increase in DDoS weapon availability, showcasing market relevance and expertise.

Negative

• None.

Enterprises and service providers have faced unprecedented challenges in the last year with the global pandemic and the wide-scale shift to work-from-home requirements, an increasing level of sophisticated cyber-attacks, the rollout of 5G networks, and massive adoption of IoT. Accelerated digital transformation and dependency on digital services has become a catalyst for greater focus and spending on application and network security.

A10 Networks (NYSE: ATEN) has seen a dramatic increase in customer needs as they navigate this rapidly changing landscape. The acceleration of the use of IoT devices, gaming and streaming services; faster adoption of software, cloud and XaaS technologies to help organizations manage remote work and school; and 5G had become a reality, enabling more and higher-capacity connections from millions of devices all requiring protection of this expanded attack surface from highly complex cyber-attacks.

Service providers and many other organizations are aggressively expanding and securing infrastructure to deal with the demands and safeguard against threats to ensure reliable service and business-critical subscriber growth. Examples of sophisticated attacks, such as the high-profile SolarWinds hack affecting many businesses and government organizations, and the resurgent growth of DDoS attacks illustrate how digital services are frequent targets. Fortifying the security posture has never been more critical to avoid loss of customers and revenue. As noted in A10’s most recent State of DDoS Weapons report, the size of the threat is daunting for organizations. The company tracked 12.5 million DDoS weapons in just the last half of 2020, with an approximately 12 percent increase in each reporting period (2018-2020).

As a global phenomenon, A10 has seen the largest communications service providers (CSPs) expand their services, taking advantage of new opportunities with government and enterprises, along with regional providers addressing the critical need for high-speed broadband to rural communities.

Securing Customers’ Infrastructures Against Emerging Security Threats

New customer-oriented product solutions are emerging and are helping to drive recent customer wins:

• For a fast-growing gaming customer, A10’s DDoS protection solution is mitigating the threat of in-line attacks, thereby allowing its gaming users to reliably access the services.
• A European telecom provider is building a DDoS cloud scrubbing center, with A10’s DDoS protection solution, to offer mitigation services for its enterprise customers.
• A service provider customer was expanding its 5G rollout, and in spite of COVID restrictions, A10 was able to respond quicky and deliver a virtualized solution to help it address growing internet traffic.

These positive customer outcomes are a result of the company’s focus on driving innovation to address rapidly emerging cybersecurity threats and provide flexible consumption models that drive software-centric and recurring revenue growth.

“Organizations that provide critical digital infrastructure for consumers and businesses rely on A10 to ensure uninterrupted service and reliability. Our solution innovation that addresses the rapidly changing market needs along with recent design wins based on providing continuous security expertise on an ongoing basis enable our customers to achieve their business objectives while navigating a changing landscape,” said Dhrupad Trivedi, President, CEO and Board Chair, A10 Networks.

Customers select A10 Networks for protection against cybersecurity threats because of the ease of deployment, automation for effective operations, integration with existing infrastructure and the highest protection against cyber-attacks. More information about the company’s solutions for cybersecurity, cloud, service provider and 5G networks can be found at www.a10networks.com.

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About A10 Networks

A10 Networks (NYSE: ATEN) provides secure application services for on-premises, multi-cloud and edge-cloud environments at hyperscale. Our mission is to enable service providers and enterprises to deliver business-critical applications that are secure, available and efficient for multi-cloud transformation and 5G readiness. We deliver better business outcomes that support investment protection, new business models and help future-proof infrastructures, empowering our customers to provide the most secure and available digital experience. Founded in 2004, A10 Networks is based in San Jose, Calif. and serves customers globally. For more information, visit www.a10networks.com and follow us @A10Networks.

The A10 logo, A10 Networks are trademarks or registered trademarks of A10 Networks, Inc. in the United States and other countries. All other trademarks are the property of their respective owners.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210219005120/en/

FAQ

What recent developments have occurred at A10 Networks (ATEN)?

A10 Networks has experienced a surge in customer demand for its cybersecurity solutions as organizations navigate increased digital transformation and threats.

How is A10 Networks addressing cybersecurity threats?

A10 Networks is providing advanced DDoS protection and security solutions to clients across various sectors, including gaming and telecommunications.

What is the significance of the 12% increase in DDoS weapons reported by A10?

The 12% increase in DDoS weapons from 2018 to 2020 highlights the growing cybersecurity threat landscape, which A10 Networks is actively addressing through its solutions.

How has the global pandemic affected A10 Networks' business?

The pandemic has accelerated digital transformation, leading to increased demand for A10 Networks' application and network security solutions.