RCS - Corero Network Sec. - Corero Observability & Resiliency Ecosystem

Corero Network SecurityAnnouncement

29/10/2024 07:00

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RNS Number : 9496J  Corero Network Security PLC  29 October 2024

29 October 2024

Corero Network Security plc

("Corero" or the "Company")

 

Introducing the Corero Observability & Resiliency Ecosystem ("CORE")

 

The new platform provides real-time traffic analytics, threat intelligence,
application layer protection, and anti-bot DDoS defence to enhance service
availability and security.

 

Corero (https://www.corero.com/) (AIM: CNS)
(https://www.londonstockexchange.com/stock/CNS/corero-network-security-plc/company-page)
(OTCQB: DDOSF) (https://www.otcmarkets.com/stock/DDOSF/overview) , the
distributed denial of service ("DDoS") protection specialists, is bringing to
market a new SaaS cloud-based availability protection platform, Corero CORE.

 

Designed to seamlessly enhance customers' existing security infrastructure,
the Corero CORE platform will deliver advanced defence capabilities, providing
greater flexibility and cost-efficiency to keep organisations secure. Corero
CORE will be both vendor-agnostic and highly adaptive, enabling it to
integrate effortlessly with third-party tools and existing infrastructure.

 

Corero CORE will use comprehensive data lake(s) by gathering feeds from
multiple sources across the network and generating AI/ML-assisted insights
turning isolated security events into actionable intelligence. This will
enable smarter coordination across customer networks, making ecosystems more
resilient against threats to service availability.

 

Corero CORE will initially include real-time rich traffic analytics,
application layer, and anti-bot DDoS protection, ensuring comprehensive
defence against evolving cyberthreats.

 

Corero CORE marks the Company's first expansion beyond DDoS, demonstrating its
commitment to meeting the evolving needs of current and new customers and
strengthens Corero's position as a true innovator in service availability
protection.

 

Carl Herberger, Chief Executive Officer at Corero, commented:

 

"We are incredibly excited to develop this cutting-edge platform which has
been built to help customers optimise their security investments and network
capabilities through our comprehensive protection - without the need for
additional hardware. By developing this highly adaptive and advanced solution,
Corero CORE has the potential to generate new commercial opportunities for
Corero across our target addressable market.

 

Corero CORE is another example of our ongoing commitment to developing premium
products and services for deployment across our global customer footprint,
with the platform helping ensure that Corero remains firmly at the forefront
of innovation across the cybersecurity market."

 

Enquiries:

 

 Corero Network Security plc                                     Tel: +44(0)20 7390 0230
 Carl Herberger, Chief Executive Officer
 Chris Goulden, Chief Financial Officer

 Canaccord Genuity Limited (Nominated Adviser and Joint Broker)  Tel: +44(0)20 7523 8000
 Simon Bridges / Andrew Potts / Harry Rees

 Zeus Capital (Joint Broker)                                     Tel: +44(0)20 3829 5000

 Ben Robertson / Alexandra Campbell-Harris

 Vigo Consulting                                                 Tel: +44(0)20 7390 0230
 Jeremy Garcia / Kendall Hill
 corero@vigoconsulting.com (mailto:corero@vigoconsulting.com)

 Harbor Access                                                   Tel: +1 475 477 9401
 Jonathan Paterson

 

About Corero Network Security

 

Corero Network Security is a leading provider of DDoS protection solutions,
specialising in automatic detection and protection solutions with network
visibility, analytics, and reporting tools. Corero's technology protects
against external and internal DDoS threats in complex edge and subscriber
environments, ensuring internet service availability. With operational centres
in Marlborough, Massachusetts, USA, and Edinburgh, UK, Corero is headquartered
in London and listed on the London Stock Exchange's AIM market (ticker: CNS)
and the US OTCQB market (OTCQB: DDOSF).

 

For more information, visit www.corero.com (http://www.corero.com/) , and
follow us on LinkedIn (https://www.linkedin.com/company/corero/)  and X
(https://twitter.com/Corero) .

 

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