Corero Network Security (AIM: CNS, OTCQX: DDOSF), a specialist in solutions for protection against Distributed Denial of Service (DDoS) attacks, has announced the addition of new clients to its DDoS Protection-as-a-Service (DDPaaS) and Enterprise License Agreement (ELA) services during the second half of 2024. The contracts, valued at over $4 million, span a wide range of industries and regions, including a telecommunications provider in Germany, a hosting provider in Portugal, two ISP operators in Brazil, and two hosting providers in the United States.
The Growing Demand for DDoS Solutions
The success of these agreements underscores the increasing global need for advanced tools to mitigate DDoS attacks, a cyber threat that continually evolves in sophistication and intensity. Common challenges faced by organizations adopting Corero’s solutions include:
- The inability of traditional solutions to handle the exponential growth of network traffic.
- The growing complexity of DDoS attacks, which require more advanced and adaptable technologies.
Corero’s solutions not only offer robust protection but also enable businesses to generate new revenue by providing DDoS protection services to their own customers.
An Innovative Approach Driving Competitiveness
Corero’s solutions have proven to be more than just protection tools, serving as catalysts for growth and market differentiation. Carl Herberger, CEO of Corero Network Security, stated: “It’s inspiring to see how organizations from different industries and geographies recognize that our solutions go beyond traditional DDoS protection. They offer reliability and build trust, strengthening businesses’ positions in an increasingly competitive market.”
Herberger added: “These partnerships demonstrate how visionary companies are leveraging cutting-edge network security as a strategic advantage. In an increasingly complex threat environment, operational resilience and customer trust are essential for business success.”
The Technology Behind Corero
Corero Network Security specializes in automated DDoS detection and protection solutions, with advanced capabilities in:
- Network Visibility: Analytical tools and reporting capabilities.
- Comprehensive Protection: Defenses against internal and external threats in edge environments and complex subscribers.
- Internet Service Availability: Ensuring stable operations even during attacks.
With operational headquarters in Marlborough (Massachusetts, USA) and Edinburgh (UK), the company is headquartered in London and trades on the AIM market of the London Stock Exchange and the US OTCQX market.
Conclusion: Security as a Strategic Advantage
The addition of new clients and the global expansion of Corero Network Security reflect a growing need for advanced DDoS solutions in a constantly evolving cyber threat landscape. Beyond protection, Corero positions itself as a strategic partner that helps businesses strengthen customer trust and ensure operational resilience in a highly competitive digital world.