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CORERO NETWORK SEC PLC - DDOSF STOCK NEWS

Welcome to our dedicated page for CORERO NETWORK SEC PLC news (Ticker: DDOSF), a resource for investors and traders seeking the latest updates and insights on CORERO NETWORK SEC PLC stock.

Corero Network Security is a leading provider of DDoS (distributed denial of service) protection solutions. With operational centers in Marlborough, Massachusetts, USA, and Edinburgh, UK, Corero specializes in automatic detection and protection against both external and internal DDoS threats in complex edge and subscriber environments. The company's technology ensures internet service availability by offering state-of-the-art DDoS protection solutions, including network visibility, analytics, and reporting tools. Corero is listed on the London Stock Exchange's AIM market (ticker: CNS) and the US OTCQB market (OTCQB: DDOSF).

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Corero Network Security (LSE:CNS)(OTCQX:DDOSF), a specialist in DDOS protection, has announced its participation in The Microcap Conference 2025. The event will be held from January 28-30, 2025, at the Borgata Hotel Spa & Casino in Atlantic City, NJ. During the conference, Corero's management team will deliver a corporate presentation and conduct one-on-one meetings with institutional and individual investors to discuss the company's recent developments, growth strategy, and investment opportunities.

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Corero Network Security (OTCQX: DDOSF) has appointed Judson Thuerk as Channel Manager for the Americas to lead their channel strategy. Thuerk brings over 40 years of technology sales experience from companies including Xerox, Digital Equipment Corp., Symantec, EMC, Dell, and VMware. He most recently worked at Lydonia Technologies in client management. The appointment comes at what the company describes as a pivotal growth period, with Thuerk expressing commitment to driving mutual growth through trusted partnerships in the cybersecurity landscape.

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Corero Network Security (AIM: CNS) (OTCQX: DDOSF) announced significant customer wins and expanded engagements in Q4 2024, strengthening its position in DDoS protection. The company secured new partnerships in Texas, USA, and Iceland, while deepening relationships across government, cloud services, telecommunications, and aerospace sectors. Notable developments include a major equipment upgrade commitment from a long-term European government client and selection by a prominent aerospace organization for DDoS protection services.

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Corero Network Security (LSE: CNS; OTCQX: DDOSF), a DDoS protection specialist, has upgraded from the OTCQB Venture Market to begin trading on the OTCQX Best Market. This transition represents a significant milestone in the company's expansion strategy and aims to increase visibility among U.S. investors. The OTCQX Market, designed for established companies, requires high financial standards, strong corporate governance, and securities law compliance. Investors can now access Corero's financial information and Real-Time Level 2 quotes on otcmarkets.com under the symbol 'DDOSF'.

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Corero Network Security's SmartWall ONE has been named a Hot Company DDoS Protection Solution by Cyber Defense Magazine in its 2024 InfoSec Awards. SmartWall ONE is an always-on, adaptive DDoS protection platform that operates 20 times faster and with 50 times lower latency than competitors.

The solution features 400G Network Threat Defense appliances and can be deployed on-premises as physical or virtual software. Corero has partnered with GTT and Akamai for hybrid cloud DDoS protection and recently launched the NTD 3400, a 400G enhancement to SmartWall ONE.

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Corero Network Security (OTCQB: DDOSF) has launched CORE, a new cloud-based availability protection platform. This SaaS solution enhances existing security infrastructure by providing real-time traffic analytics, threat intelligence, application layer protection, and anti-bot DDoS defense. CORE utilizes AI/ML-assisted insights from comprehensive data lakes, gathering feeds from multiple network sources to transform security events into actionable intelligence. The platform is vendor-agnostic, integrates with third-party tools, and marks Corero's first expansion beyond DDoS protection, offering a subscription-based model without requiring additional hardware.

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Corero Network Security (DDOSF) has launched its new Network Threat Detector (NTD) 3400, a 400G hardware appliance for DDoS protection. The device offers four times the connectivity of previous models while consuming less than twice the power. The company also introduced a Trade-In Program offering significant discounts to customers upgrading from legacy Corero appliances or competitor solutions. The NTD 3400 features reduced hardware complexity, flexible deployment options, and future-proof scalability, continuing the company's 400G rollout that began with their software-based solution in February.

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Corero Network Security has launched its new Network Threat Detector (NTD) 3400, a 400G hardware appliance enhancing the SmartWall ONE™ DDoS protection system. The NTD 3400 delivers four times the connectivity of previous models while consuming less than twice the power. Alongside this launch, Corero introduced a Trade-In Program offering significant discounts for customers upgrading from legacy Corero appliances or competitor solutions.

The new appliance features reduced hardware complexity, flexible deployment options, and future-proof scalability. This release follows the company's February software-based 400G solution launch, demonstrating Corero's commitment to advancing DDoS protection technology.

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Corero Network Security (AIM: CNS) (OTCQB: DDOSF) has announced its participation in two upcoming investor conferences. CEO Carl Herberger and CFO Chris Goulden will present at the Mello @ the London Investor Show on November 1, 2024, and attend the virtual Sidoti Micro-Cap Conference on November 13-14, 2024.

The presentations come amid increased insider buying and investor interest, following strong H1 2024 results. The company reports global growth in customer acquisition, renewals, and upgrades, demonstrating confidence in their SmartWall ONE™ DDoS protection solution.

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Corero Network Security (AIM: CNS) (OTCQB: DDOSF), a specialist in DDoS protection, has announced $6 million in new orders for Q3 2024, bringing the total orders for 2024 to $20.2 million. The company's SmartWall ONE™ DDoS protection solutions have driven expansion into new strategic geographies such as the Middle East and Latin America, while strengthening existing markets. Corero secured six additional customer wins in Q3, totaling 16 new customers for the year.

The company also expanded relationships with existing customers through contract renewals and upgrades, demonstrating continued trust in its SmartWall ONE solution. CEO Carl Herberger expressed enthusiasm for the new customers and growth with existing ones, highlighting the success of Corero's accelerated go-to-market strategy and its increasing ability to compete globally.

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FAQ

What is the current stock price of CORERO NETWORK SEC PLC (DDOSF)?

The current stock price of CORERO NETWORK SEC PLC (DDOSF) is $0.28 as of December 20, 2024.

What is the market cap of CORERO NETWORK SEC PLC (DDOSF)?

The market cap of CORERO NETWORK SEC PLC (DDOSF) is approximately 137.6M.

What does Corero Network Security specialize in?

Corero specializes in providing DDoS protection solutions with automatic detection and mitigation.

Where are Corero's operational centers located?

Corero has operational centers in Marlborough, Massachusetts, USA, and Edinburgh, UK.

On which stock exchanges is Corero listed?

Corero is listed on the London Stock Exchange's AIM market under the ticker CNS and the US OTCQB market under the symbol DDOSF.

What services does Corero offer to combat DDoS attacks?

Corero offers network visibility, analytics, reporting tools, and automatic transition to cloud-based mitigation during significant DDoS attacks.

How does Corero ensure internet service availability?

By protecting against external and internal DDoS threats in complex edge and subscriber environments.

What recent partnerships has Corero announced?

Corero recently partnered with TierPoint and Akamai to enhance its DDoS protection offerings and provide hybrid DDoS protection solutions.

Who is the US-based Chief Executive Officer of Corero?

Carl Herberger is the US-based Chief Executive Officer of Corero.

What significant contract renewal did Corero recently announce?

Corero renewed a significant contract with DigitalOcean, a leading cloud computing provider, for over $1 million, extending the partnership for an additional three years.

What are the key components of Corero's SecureWatch Managed Services?

Corero's SecureWatch Managed Services include configuration optimization, proactive monitoring, and swift mitigation response to any DDoS incident, delivered by the Security Operations Center (SOC).

How does Corero differentiate its DDoS protection solutions from competitors?

Corero provides rapid and accurate DDoS attack detection at the network edge, replacing competitive solutions with the SmartWall ONE technology.

CORERO NETWORK SEC PLC

OTC:DDOSF

DDOSF Rankings

DDOSF Stock Data

137.62M
107.01M
81.23%
12.47%
Software - Infrastructure
Technology
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United States of America
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