Welcome to our dedicated page for Corero Network news (Ticker: DDOSF), a resource for investors and traders seeking the latest updates and insights on Corero Network stock.
Overview
Corero Network Security is a specialist in DDoS protection and cybersecurity solutions, renowned for its innovative approach to automatic threat detection and rapid mitigation. Serving a wide range of industries, the company focuses on ensuring uninterrupted internet service availability and safeguarding critical infrastructure using advanced network visibility, analytics, and reporting tools. The company offers a comprehensive array of solutions that integrate both on-premises and hybrid cloud technologies, addressing the complex environments of modern digital operations.
Core Business and Technology
At the heart of Corero's operations is its SmartWall ONE solution, which combines automatic DDoS detection with real‐time, adaptive mitigation. This system is designed to protect against both external and internal DDoS attacks by dynamically analyzing network traffic, providing deep operational insights, and ensuring resilience even in highly dynamic edge and subscriber environments. The technology not only focuses on rapid threat neutralization at the network perimeter but also incorporates scalable backup solutions powered by leading cloud service providers to offer hybrid protection capabilities.
Market Position and Business Model
Corero Network Security operates within the critical cybersecurity sector, addressing the growing global need for robust DDoS defense mechanisms. Its business model leverages subscription services, managed security offerings, and enterprise license agreements, ensuring a recurring revenue stream that supports continuous innovation and operational excellence. By integrating recurring service contracts with strategic partnerships, the company reinforces its position as a trusted provider in a competitive market where service availability and cyber defense are paramount.
Industry Partnerships and Global Reach
The company has established a diverse network of strategic partnerships that extend its market reach and enhance its overall product offering. Collaborations with renowned cloud service providers, telecommunications entities, and regional cybersecurity firms underline its commitment to delivering adaptable, high-performance solutions. These alliances not only broaden Corero's geographic presence but also affirm its technological edge in complex, high-stakes digital environments.
Operational Excellence and Customer Focus
Corero’s approach to cybersecurity is built on operational resilience and precise threat mitigation. It emphasizes the importance of maintaining uninterrupted network service and reducing vulnerabilities across all touchpoints, making it a preferred choice for businesses that require constant protection without manual intervention. Coupled with proactive monitoring and rapid response capabilities, the company's solutions are engineered to provide peace of mind and ensure that customers can focus on their core business activities.
Expertise and Industry Insights
Demonstrating a deep understanding of evolving cybersecurity challenges, Corero employs cutting-edge methodologies and industry best practices. Its expertise is evident in its ability to anticipate potential attack vectors and adapt its defenses accordingly, ensuring a balance between robust security measures and network efficiency. This proactive stance is reinforced by continuous innovation in its product suite, solidifying its reputation among industry professionals who demand thoroughly tested, reliable security solutions.
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.
Corero Network Security and SEMPRE have partnered to develop military-grade communications nodes for securing critical infrastructure. Corero's DDoS protection technology and SEMPRE's secure 5G network aim to provide resilient and secure communications services for the future.
FAQ
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