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About Corero Network Security
Corero Network Security (OTCQB: DDOSF) is a leading provider of Distributed Denial of Service (DDoS) protection solutions, specializing in real-time, automatic detection and mitigation of DDoS threats. Headquartered in London, with operational centers in Marlborough, Massachusetts, USA, and Edinburgh, UK, Corero serves a global clientele across industries such as telecommunications, cloud services, government, e-commerce, and financial services.
Core Offerings and Technology
Corero’s flagship product suite, SmartWall ONE™, delivers advanced DDoS protection through a combination of on-premises appliances and cloud-based solutions. The company’s technology is designed to protect against both external and internal DDoS threats, ensuring uninterrupted service availability and operational resilience. Key features include network visibility, analytics, and reporting tools, which provide actionable insights and enhance security postures. By integrating seamlessly with hybrid and on-premises infrastructures, Corero’s solutions cater to the complex needs of modern digital environments.
Revenue Model and Services
Corero generates revenue through direct sales of its DDoS protection appliances, subscription-based services like DDoS Protection-as-a-Service (DDPaaS), and managed services such as SecureWatch. These offerings provide customers with proactive monitoring, configuration optimization, and rapid incident response, ensuring tailored security solutions that align with specific business goals.
Market Context and Competitive Position
Operating within the rapidly growing cybersecurity industry, Corero addresses the escalating demand for advanced DDoS protection as cyber threats become increasingly sophisticated. Its focus on automation and real-time mitigation differentiates it from competitors, enabling organizations to protect critical infrastructure without manual intervention or operational delays. Strategic partnerships with industry leaders like Akamai and regional alliances in markets such as Latin America further bolster Corero’s market presence.
Global Reach and Strategic Partnerships
Corero has established a strong global footprint, with customers and partners across North America, Europe, Latin America, and the Middle East. Notable collaborations include partnerships with TierPoint, Akamai, and DigitalOcean, as well as regional alliances with companies like NovaRed and TechEnabler. These relationships underscore Corero’s ability to deliver scalable, industry-leading solutions tailored to diverse market needs.
Key Industries and Use Cases
Corero’s solutions are particularly valuable for industries where service availability is paramount, such as telecommunications, cloud computing, financial services, and e-commerce. Its technology is also increasingly adopted in emerging sectors like AI-driven data centers, where ultra-low-latency protection is critical. By addressing the unique challenges of these industries, Corero enables organizations to maintain operational continuity, safeguard customer trust, and meet stringent service-level agreements (SLAs).
Commitment to Innovation
Corero continues to innovate in the field of cybersecurity, as evidenced by its recent advancements in multi-site resiliency and intelligent traffic management. These developments ensure uninterrupted protection against large-scale attacks and operational failures, reinforcing Corero’s position as a trusted partner for organizations navigating an ever-evolving threat landscape.
Conclusion
With its specialized focus on DDoS protection, robust technology portfolio, and strategic global partnerships, Corero Network Security plays a critical role in safeguarding the digital infrastructure of businesses worldwide. Its commitment to innovation and operational excellence positions it as a key player in the cybersecurity industry, addressing the growing need for reliable, real-time protection against evolving cyber threats.
Corero Network Security (AIM: CNS) (OTCQB: DDOSF) announces two team members shortlisted for The Channel Co.'s Women in Tech Excellence Awards. Sadiat Jimo, Team Leader of the Security Operations Center (SOC), is nominated for Role Model of the Year - Tech. Teressa Carlin, Manager of the Threat Research Team, is up for Transformation Leader of the Year.
The awards, set for November 27, 2024, in London, celebrate women's achievements in technology. Corero's SOC boasts a 35% female workforce and represents 12 nationalities. CEO Carl Herberger expressed pride in the nominations, highlighting their significance for Corero and the cybersecurity community. The event aims to inspire female talent and promote diversity in tech.
Corero Network Security (AIM: CNS) (OTCQB: DDOSF) has announced a significant partnership with stc Bahrain, the leading telecommunications provider in Bahrain. This collaboration aims to enhance DDoS protection services for stc Bahrain's customers, safeguarding against both external and internal DDoS threats. The partnership reinforces stc Bahrain's commitment to delivering top-tier service quality and security.
stc Bahrain has been at the forefront of telecom innovation in Bahrain, consistently introducing the latest technologies. Notable achievements include being the first operator to upgrade to HSPA+ in 2011, providing broadband speeds up to 42 Mbps, and launching 4G/LTE services in 2014. This partnership with Corero further solidifies stc Bahrain's position as a leader in telecom innovation and security in the region.
Corero Network Security's SmartWall ONE has been named a 2024 Top InfoSec Innovator Awards finalist in the DDoS Protection Solution category by Cyber Defense Magazine. This recognition highlights SmartWall ONE as a fast, ultra-responsive, and fully automated DDoS protection solution available as both physical appliances and virtual machines.
Key features of SmartWall ONE include:
- Flexible, software-based design
- Seamless integration into existing network architecture
- Launch of cutting-edge 400G Network Threat Defense (NTD) appliances
The judging process continues through October 2024, with winners to be announced at Cyber Defense Con 2024 in Orlando (Oct. 31 - Nov. 1, 2024).
Corero Network Security (AIM: CNS) (OTCQB: DDOSF) has announced its H1 2024 financial results, reporting a 16% year-over-year revenue growth. The company, specializing in distributed denial of service (DDoS) protection, has seen significant increases in Annual Recurring Revenue (ARR) from subscription services and DDoS Protection-as-a-Service (DDPaaS). Corero also experienced substantial growth in bookings during H1, driven by rising demand for its DDoS protection solutions.
Key highlights include renewals and expansions with major clients like A2 Hosting and DigitalOcean, new partnerships with RoyaleHosting and SEMPRE, and expansion into new markets such as the Netherlands and Pakistan. The company also secured notable customer wins in Canada, Hong Kong, Israel, UK, and US.
Corero Network Security (AIM: CNS) (OTCQB: DDOSF), a DDoS protection specialist, has been named to the 2024 MES Midmarket 100 list by MES Computing, a brand of The Channel Company. This recognition highlights Corero's success in serving the midmarket sector, which forms a substantial portion of its client base and revenue. The company's flagship product, SmartWall ONE, offers automatic DDoS mitigation, protecting against 98% of attacks in real-time.
SmartWall ONE provides support for 400G-connected DDoS detection and can quadruple performance density while halving power consumption. The solution is adaptable, scalable, and easily integrates with existing infrastructure. MES Computing's list recognizes vendors that support midmarket organizations (annual revenue $50 million-$2 billion and/or 100-2500 users) in driving growth and innovation.
Corero Network Security, a leader in DDoS protection, has announced major updates to its SmartWall Service Portal. Key new features include executive reports and tenant prospecting. These improvements aim to help service providers leverage DDoS protection for revenue generation.
Executive reports offer real-time insights into DDoS investment effectiveness, boosting transparency and stakeholder trust. Tenant prospecting helps providers identify and convert unsubscribed customers, enhancing customer retention and service expansion.
CEO Carl Herberger emphasized that the updates transform security from a necessity into a competitive advantage, fostering goodwill and business growth.
On June 13, 2024, Corero Network Security (AIM: CNS, OTCQB: DDOSF) announced the renewal and expansion of their agreement with A2 Hosting, a leader in high-performance hosting solutions. This multiyear agreement underscores A2 Hosting's commitment to providing robust DDoS protection using Corero's advanced technology. A2 Hosting has been a customer since 2019, leveraging Corero's SecureWatch managed services and hybrid cloud solutions. The extension reflects the trust and satisfaction A2 Hosting has in Corero's DDoS protection capabilities. Carl Herberger, CEO of Corero, expressed excitement about the extended partnership, highlighting its alignment with A2 Hosting's business objectives. A2 Hosting offers various web hosting solutions, emphasizing speed, security, and reliability, and caters to a diverse range of websites with features like free website migrations, 24/7 support, and AI-powered optimizations.
Corero Network Security, trading under the ticker DDOSF, has won the 2024 Visionary Spotlight Award for Cybersecurity with its Corero SmartWall ONE DDoS protection solution. The award, organized by ChannelVision, recognizes innovation in communications. Corero SmartWall ONE, which mitigates 98% of attacks in real-time, is noted for its flexibility, scalability, and ease of integration with existing infrastructure. The solution supports 400G-connected DDoS detection and mitigation, offering both virtual and hardware appliances that enhance performance density and reduce power consumption. This award highlights Corero's commitment to delivering advanced cybersecurity solutions.
Corero Network Security (AIM: CNS, OTCQB: DDOSF) has renewed a major contract with DigitalOcean, a leading cloud computing provider. This $1M+ agreement extends their partnership for three more years, emphasizing Corero's role in protecting DigitalOcean's network with advanced DDoS protection solutions. DigitalOcean's global network spans over 17 data centers, serving developers, startups, and SMBs. Corero's SecureWatch Managed Services, including configuration optimization, proactive monitoring, and swift mitigation, will be delivered by their Security Operations Center. This renewal follows an eight-month trial period where Corero's SmartWall ONE replaced a competitive solution, resulting in significant performance improvements. A dedicated Technical Account Manager will oversee the continuous enhancement of DigitalOcean's deployment.
Corero Network Security (AIM: CNS) (OTCQB: DDOSF) has partnered with Netherlands-based RoyaleHosting to integrate Corero's DDoS mitigation technology into RoyaleHosting's network infrastructure. This partnership enhances RoyaleHosting's Shield Panel, providing comprehensive DDoS protection-as-a-service to its 700+ active customers. With a 4.8-star customer rating, RoyaleHosting offers 24/7 live chat support, and the integration ensures seamless deployment at primary hubs in Amsterdam, Los Angeles, Singapore, London, and Frankfurt. This collaboration underscores both companies' commitment to delivering top-tier network protection and customer service.
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