Corero Network Security's Major Contracts Drive Global DDoS Protection Expansion
Corero Network Security Expands DDoS Solutions
Corero Network Security, recognized for its expertise in distributed denial of service (DDoS) protection, has recently celebrated a significant achievement by securing over $4 million in new contracts. This success underscores the increasing global demand for DDoS protection solutions, particularly in various industries such as telecommunications and hosting.
New Clientele and Contracts
In the latter half of 2024, Corero successfully onboarded several notable clients to its DDoS Protection-as-a-Service (DDPaaS) and Enterprise License Agreement (ELA) offerings. Amongst these new contracts are partnerships with a telecommunications provider in Germany, a hosting provider in Portugal, two ISP operators in Brazil, and two hosting companies based in the United States. This expansion not only enhances Corero's portfolio but also signifies a growing recognition of the critical necessity for robust cybersecurity measures in today's fast-evolving digital landscape.
Addressing Industry Challenges
The common thread among these organizations has been their struggle to keep pace with increasingly sophisticated DDoS attacks and the limitations of their existing security solutions. Corero's advanced methodology in DDoS protection offers a comprehensive approach that not only mitigates threats but also enables these companies to unlock additional revenue streams. The implementation of such protective measures allows businesses to offer DDoS protection services to their own customers, thereby bolstering their competitive edge in a crowded market.
Insights from Leadership
Carl Herberger, the CEO of Corero Network Security, remarked, "It's inspiring to see organizations across different industries and geographies recognize that Corero's solutions transcend traditional DDoS protection—they're catalysts for growth, innovation, and differentiation. Our solutions provide peace of mind and reliability, which strengthens trust among customers."
Herberger further added that these partnerships demonstrate how proactive companies harness cutting-edge network security as a strategic advantage. In today's intricate threat environment, operational resilience and customer confidence are paramount. Corero has positioned itself as a vital player in facilitating this success.
About Corero Network Security
Corero Network Security prides itself on being a premier provider of DDoS protection solutions. The company specializes in automatic detection methods and protection measures, complete with network visibility, analytics, and reporting tools. With its operational bases located in Marlborough, Massachusetts, and Edinburgh, UK, the firm is headquartered in London and publicly traded on the London Stock Exchange's AIM market (ticker CNS) as well as the US OTCQX Market (OTCQX DDOSF).
In an era where cyber threats are becoming more prevalent and sophisticated, Corero’s initiatives highlight its commitment to ensuring that critical infrastructure remains unfazed and operational. As the company expands its global reach, it aims to continue delivering exceptional security solutions that align with the evolving landscape of digital threats and market demands.