Source - LSE Non-Regulatory
RNS Number : 9496J
Corero Network Security PLC
29 October 2024
 

29 October 2024

A blue and green text on a black background Description automatically generated

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 (AIM: CNS) (OTCQB: DDOSF), 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)

Ben Robertson / Alexandra Campbell-Harris

 

 

Tel: +44(0)20 3829 5000



Vigo Consulting

Tel: +44(0)20 7390 0230

Jeremy Garcia / Kendall Hill


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, and follow us on LinkedIn and X.

 

About Reach announcements

 

Reach is an investor communication service aimed at assisting listed and unlisted (including AIM quoted) companies to distribute media only / non-regulatory news releases such as marketing messages, corporate and product information into the public domain. An RNS Regulatory announcement is required to be notified under the AIM Rules for Companies.

 

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
NRAQKFBQDBDBAKB
Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. AJ Bell logo

Related Charts

Corero Network Security PLC (CNS)

-1.00p (-4.44%)
delayed 16:57PM