Corero Network Security is dedicated to improving the security of the Internet through the deployment of its innovative First Line of Defense® DDoS protection solutions. Corero SmartWall® Threat Defense System provides our customers with real-time protection against a continuously evolving spectrum of DDoS attacks that have the potential to impact any Internet connected business. Corero provides the opportunity to enhance defense-in-depth security architectures with an important additional layer of security capable of inspecting traffic arriving from the Internet and alerting and or blocking attack traffic before it impacts your environment.

The goal of the Corero First Line of Defense DDoS protection solution is to protect the customer’s network infrastructure, online services and confidential data against DDoS attacks. Corero solutions are designed to be always on providing automatic attack mitigation with continuous threat visibility and network forensics.

The Corero First Line of Defense solution provides comprehensive, real-time DDoS protection against the latest breed of attacks, including network and application layer DDoS attacks, volumetric, multi-vector attacks and access attempts from IP addresses with a bad reputation or from unwanted geo-locations. These varied cyber-threats have the potential to challenge traditional network security defenses and compromise networks.

With varied mitigation bandwidth licensing options, Corero provides the most comprehensive peer-point protection, at industry disrupting economic scale. Corero real-time DDoS protection can be obtained at a fraction of traditional solutions.

In a Hosting Provider environment, the Corero First Line of Defense DDoS prevention solutions allowing providers to offer comprehensive DDoS and cyber threat protection to their hosted customers as an extension of their current service offerings, improving their overall value proposition and providing an opportunity to offer differentiated value added security services.

DDoS protection

Internet Service Providers can take advantage of the Corero technology and addresses the DDoS challenge by delivering cloud based DDoS protection with always on, threat protection and visibility for their customers.

In an Enterprise environment, the Corero solutions are designed to be deployed in front of traditional or next generation firewalls, IPS, ADC and other IT security infrastructure devices, preventing access to your network by untrusted and unwanted traffic, leaving enterprise networks at a reduced risk of having their web presence taken down or compromised as a result of a DDoS attack.


Award-winning DDoS protection products and services from Corero are securing hosting providers, service providers and online enterprises around the world, allowing them to guarantee accessibility and ensure business success. In addition to the Corero on-premises appliances, the Corero SecureWatch® Service offers our customers 24/7 security monitoring and access to the Corero SOC staffed by experts in the mitigation of sophisticated cyber-attacks.

Corero US headquarters are located in Hudson, Massachusetts, and its European headquarters are in London, England with additional offices throughout the world.

Corero Network Security plc ("Corero" or "the Company") is listed on the Alternative Investment Market (AIM) of the London Stock Exchange. Its ordinary shares carry the EPIC symbol CNS.

Risen back to yearly high.

As of last trade Corero Network Security PLC (CNS:LSE) traded at 29.00, 0.00% below its 52-week high of 29.00, set on Jan 11, 2016.

found support at 20p for next placing?

New Product Beta Launch
RNS
RNS Number : 9366P
Corero Network Security PLC
24 February 2016

24 February 2016



Corero Network Security plc

("Corero" or the "Company")



New Product Beta Launch



Corero Network Security plc (AIM: CNS), the AIM listed network security company, today announces beta availability for the Corero SmartWall® Network Threat Defense - Virtual Edition (vNTD Monitor), a software-only DDoS event monitoring solution.



This industry first software-only technology brings real-time DDoS event monitoring in a cloud environment for more diverse deployment possibilities. The vNTD Monitor uses the same powerful and rich DDoS security event analytics and reporting found in the Company's award-winning Corero SmartWall Threat Defense System appliance. By enabling organisations to more easily quantify their DDoS challenges, it is intended that the vNTD Monitor will lead to increased demand for the Company's flagship SmartWall Threat Defense System mitigation tool.



vNTD Monitor is the result of Corero's increased software development efforts to revolutionise the landscape for flexible DDoS solutions.



Dave Larson, Chief Operating Officer of Corero, said:



"The introduction of vNTD Monitor provides the freedom and flexibility to monitor DDoS activity against any server, application or network. It allows network and security teams the ability to stay in control of DDoS attacks in a cloud environment with visibility of attack traffic, intuitive analytics and alerting of DDoS attack vectors targeting the system or workload."

Proactive Investor -

Cyber-crime in the UK may be even worse than some companies realise


15:43 25 Feb 2016

A survey by PwC indicates that many companies are still complacent about the risks posed by cyber-criminals

Cyber-crime in the UK may be even worse than some companies realise

Directors seem happy to live in blissful ignorance of the threat posed to their IT systems


A worryingly high 32% of organisation surveyed by business consultancy PwC confirmed they have been affected by cyber-crime.

PwC's Global Economic Crime Survey for 2016, which contacted more than 6,000 people in 115 countries, said that cyber-crime was the fastest growing type of criminal fraud, and the figures may be even worse than they appear because the security systems of some firms are so lax, they may not even be aware their system has been hacked and used for malicious purposes.

"The insidious nature of this threat is such that of the 56% who say they are not victims, many have likely been compromised without knowing it. A concerning trend we have observed is that of hackers managing to remain on organisations' networks for extended periods of time without being detected," the report disclosed.

Although just over half of the organisations who responded to the survey said they envisaged an increased risk of threats from hackers, crackers and other geeky criminals, only 37% have a cyber incident response plan in place.

Board members seem to be happy to live in blissful ignorance of the threat posed to their information technology (IT) systems, at least until obliged to go public with news of an embarrassing security breach.

PwC's report suggests directors are happy to leave it to the nerds in IT to sort out, which as one might expect of a company that offers consultancy services for security breaches, is not the best policy to pursue, according to PwC.

“Action on economic crime is not the responsibility of one person or team, it must be embedded within an organisation's culture," said Andrew Gordon, who leads the forensic services team at PwC.

“Cyber threats must be understood and planned for in the same way as any other potential business threat or disruption (such as acts of terrorism or a natural disaster): with a response plan, roles and responsibilities, monitoring and scenario planning," the report says.

Earlier this week, the Wall Street Journal (WSJ) reported that the message on cyber-security is at least getting through to US board rooms.

“Revenue for pure-play security-software companies tracked by Pacific Crest rose an average of 13% year over year. About 50% of reporting companies beat Wall Street revenue targets,” reported the WSJ's Dan Gallagher.

UK cyber-security firms are not doing so bad, either, judging by Corero Network Systems (LON:CNS), which last month landed a couple of big contract wins with top-tier internet service providers (ISPs) and which this week announced the beta launch of its cloud-based Corero SmartWall Network Threat Defense - Virtual Edition (vNTD Monitor).

The system can be deployed in front of any server or network, and monitors so-called DDos (distributed denial of service) events.

Well-publicised security breaches last year such as those suffered by ISP TalkTalk and pubs group JD Wetherspoon demonstrated that UK plc's IT systems are by no means foolproof.

One company that has always taken cyber-security seriously is Blackberry (TSE:BB, NASDAQ:BB), the smartphone maker that built its reputation with business users on the strength and safety of its email system.

It announced on Wednesday the launch of its new Professional Cybersecurity Services practice that will enlarge its security portfolio by offering organisations new consulting services, tools and best practices to assess and thwart ever-changing cyber-security risks.

The announcement coincided with the announcement that it had bought UK-based software and hardware systems security firm Encription for an undisclosed sum.

“We recognise that security vulnerabilities are a top risk concern for public and private sector organisations alike. The creation of our Professional Cybersecurity Services practice and acquisition of Encription reinforces our commitment to providing customers the industry’s most secure mobility solutions and helping them to assess and mitigate risks,” the Canadian company said.

Another report, however, suggests that the reliance of many cyber-security systems on encrypted keys and certificates is an area of weakness.

The report was compiled by cyber-security firm Venafi, so it clearly has an axe to grind, but its report of 500 chief information officers (CIOs) claims that CIOs blindly trust keys and certificates, because the security systems cannot differentiate between those keys and certificates that can be trusted and those that cannot.

“With a compromised, stolen, or forged key and certificate, attackers can impersonate, surveil [sic], and monitor their targets’ web sites, infrastructure, clouds, and mobile devices, and decrypt communications thought to be private,” said Kevin Bocek, president of Threat Intelligence and Security Strategy at Venafi.

Contract Win
RNS
RNS Number : 3873Q
Corero Network Security PLC
29 February 2016

29 February 2016

Corero Network Security plc

("Corero" or the "Company")



Contract Win



Corero Network Security plc (AIM: CNS), the AIM listed network security company, is pleased to announce its first significant order for its SmartWall® Threat Defense System ("SmartWall TDS") from a European regional service provider.



The order, valued at more than $200,000 follows a successful Proof of Concept trial during which Corero was able to demonstrate the effectiveness of automatic, in-line, real-time DDoS protection. The customer is one of the fastest growing service providers in Belgium.



The solution comprises multiple Corero SmartWall TDS products, with supporting SecureWatch® services for one year, which will enable the customer to not only protect its infrastructure from DDoS attacks but to also offer DDoS Protection as a Service to its growing customer base.



Ashley Stephenson, CEO of Corero, said:



"The opportunity for Corero in the European service provider and hosting provider markets is significant. The SmartWall TDS automatic, in-line and real-time DDoS mitigation technology is uniquely positioned to deliver infrastructure protection and revenue generating security services to this growing customer base. Corero looks forward to reporting on further successes in this sector in the coming months."

Corero Network surges again after another contract win



Companies seem to be getting the message about the need for industrial-strength network security

Corero Network surges again after another contract win

The shares are up 62% year-to-date on the back of some eye-catching contract wins


The contracts continue to roll in for cyber-security specialist Corero Network Security (LON:CNS), with the latest being from a European regional service provider.

The company said the order for its SmartWall Threat Defense System (TDS) was the first significant one from a European regional supplier, and is valued at more than $200,000.

The solution comprises multiple Corero SmartWall TDS products, with supporting SecureWatch services for one year, which will enable the customer to not only protect its infrastructure from distributed denial of service (DDoS) attacks – where a company's server is overwhelmed by a multitude of access requests - but to also offer DDoS protection-as-a-service to the regional service provider's growing customer base.

"The opportunity for Corero in the European service provider and hosting provider markets is significant,” asserted Ashley Stephenson, chief executive of Corero.

“The SmartWall TDS automatic, in-line and real-time DDoS mitigation technology is uniquely positioned to deliver infrastructure protection and revenue generating security services to this growing customer base," he added.

The shares shot up 11.2% to 24.74p on the news and are up 62% year-to-date, following a number of contract wins.

Significant Contract Win

RNS


RNS Number : 8146S

Corero Network Security PLC

22 March 2016




22 March 2016

Corero Network Security plc

("Corero" or the "Company")



Significant Contract Win



Corero Network Security plc (AIM: CNS), the AIM listed network security company, is pleased to announce a significant order for its SmartWall® Threat Defense System ("SmartWall TDS") from a US-based international hosting provider. The customer is one of the world's largest hosting companies.



Valued at $0.7 million, the order is Corero's largest to date in the fast-growing Cloud/Hosting market segment, and follows a successful Proof of Concept trial during which Corero was able to demonstrate the effectiveness of automatic, in-line, real-time DDoS protection.



The solution comprises multiple Corero SmartWall TDS products deployed in the hosting provider's global data centres, with supporting SecureWatch® services for one year, which will enable the customer to provide protection from DDoS attacks for its clients.



Ashley Stephenson, CEO of Corero, said:



"There is growing demand in the hosting provider market for DDoS protection and Corero has secured another important win with a flagship customer. SmartWall TDS continues to prove its market leadership capabilities."

Contract Win

RNS


RNS Number : 9831T

Corero Network Security PLC

04 April 2016




4 April 2016

Corero Network Security plc

("Corero" or the "Company")



Contract Win



Corero Network Security plc (AIM: CNS), the AIM listed network security company, is pleased to announce the first significant order for its SmartWall® Threat Defense System ("SmartWall TDS") from a European hosting provider.



The order, valued at more than $200,000, follows a successful Proof of Concept trial during which Corero was able to demonstrate the effectiveness of automatic, in-line, real-time DDoS protection. The customer is one of the leading regional European hosting providers.



The solution comprises multiple Corero SmartWall TDS products, with supporting SecureWatch® services for three years, which will enable the customer to not only protect its infrastructure from DDoS attacks but to also offer DDoS Protection as a Service to its growing customer base.



Ashley Stephenson, CEO of Corero, said:



"The demand in the global hosting provider market for automatic, in-line, realtime DDoS protection represents a significant opportunity for SmartWall TDS. This contract builds on our recent hosting provider success in the US. SmartWall TDS continues to prove its market leadingship capabilities"

Contract Win

RNS


RNS Number : 9393Y

Corero Network Security PLC

23 May 2016




23 May 2016

Corero Network Security plc

("Corero" or the "Company")



Contract Win



Corero Network Security plc (AIM: CNS), the AIM listed network security company, is pleased to announce the first order for its SmartWall® Threat Defense System ("SmartWall TDS") from a top ten US mobile network operator.



The order, valued at over $0.3 million, follows a successful Proof of Concept trial. The mobile network operator is a regional wireless communications service provider to both consumers and businesses, and has a reputation as one of the top technology innovators in the US telecommunications market.



The solution comprises multiple Corero SmartWall TDS products, with supporting SecureWatch® services for one year, which will enable the operator to not only protect its infrastructure from DDoS attacks but to also offer DDoS Protection as a Service to its growing customer base.



Ashley Stephenson, CEO of Corero, said:



"Mobile network operators are an emerging market for Corero. With the demand for next generation wireless services growing from both consumer and business users, mobile networks are increasingly vulnerable to the damaging impact of DDoS threats. Mobile operators must be proactive in their deployment of DDoS defence mechanisms.



"This contract win builds on our recent successes with Internet service providers and hosting providers in the US and Europe. SmartWall TDS continues to prove its market leading capabilities in automatic, in-line, real time DDoS protection."

Contract Wins

RNS


RNS Number : 0941D

Corero Network Security PLC

04 July 2016




4 July 2016

Corero Network Security plc

("Corero" or the "Company")



Contract Wins



Corero Network Security plc (AIM: CNS), the AIM listed network security company, is pleased to announce two orders for its SmartWall® Threat Defense System ("SmartWall TDS") from Cloud hosting providers.



The orders, with a combined value of $400,000, follow successful Proof of Concept ("POC") trials during which Corero was able to demonstrate the effectiveness of having in-line, real-time Distributed Denial of Service ("DDoS") protection delivered by the SmartWall TDS.



The customers are growing providers focused on helping businesses become cloud enabled with scalable, reliable and secure hosting solutions. A critical component of this value proposition is ensuring up-time in the face of cyber attacks such as DDoS.



As with previous customer wins, a key element of the sales process was the perceived value of Corero's automatic mitigation. The customer solutions comprise multiple Corero SmartWall TDS products with supporting SecureWatch® services for one year.



Ashley Stephenson, CEO of Corero, commented:



"Cloud hosting providers are acutely aware of the DDoS threat to their infrastructure and the need to include DDoS defense in their managed security services offerings for their customers. Smartwall TDS is capturing market share in this strategic segment with its proven ability to deliver automated protection with industry leading price performance."

Bouncing from the bottom.

Corero Tier 1 Internet service provider customer GTT Communications, Inc. launches DDoS Mitigation service

Further to the announcement on 19 April 2017 regarding a Global Tier 1 Internet service provider customer win, Corero Network Security plc (AIM: CNS), the AIM listed network security company, announces that the customer, GTT Communications, Inc. (NYSE: GTT), has launched its DDoS Mitigation service.

This new service utilizes Corero's SmartWall Threat Defense System as the platform for the DDoS Mitigation service, protecting organisations from malicious Internet traffic and ensuring the continuity and security of their business operations.

GTT is a leading global cloud networking provider to multinational clients. GTT's Tier 1 IP network, ranked in the top five worldwide, connects clients to any location in the world and any application in the cloud.

Ashley Stephenson, CEO of Corero, said:
"This announcement is timely, given the extremely volatile cyber threat landscape we are facing today. As organisations look to re-evaluate their cyber defense strategy, and map their defenses to the needs of their business, access to real-time, automated DDoS protection from Internet service providers will be critical."

That is unusual for you to be doing the night shift Harry. Carry on. :-))

Am digging around for stocks which mainly involve cyber security, so CNS was one of the ones which called for a bit more research.
Market cap of only £26m worries me a bit, so may just have a small stake to see how things go.

US Federal Government contract win
RNS
RNS Number : 3561J
Corero Network Security PLC
28 June 2017
 
28 June 2017
Corero Network Security plc
("Corero" or the "Company")
 
Corero expands into US Federal Government with $0.4m contract win
 
Corero Network Security plc (AIM: CNS), the AIM listed network security company, is pleased to announce that its SmartWall® Threat Defense System ("SmartWall") technology has been selected to protect a high profile US Federal Government agency.
 
The $0.4 million order provides DDoS mitigation capacity for a number of the agency's sites delivering up to 200Gbps of always-on protection. The solution comprises multiple Corero SmartWall products, with supporting SecureWatch® services for one year.
 
With growing awareness of the threat posed by short duration DDoS attacks, Corero's target market for its scalable SmartWall solution is expanding beyond service providers and hosting providers to include increasing numbers of digital enterprises and government departments seeking always-on DDoS mitigation technologies.  Corero's SmartWall has been proven to excel in these demanding environments; mitigating in seconds in contrast to traditional approaches which can take tens of minutes to respond.
 
Ashley Stephenson, CEO of Corero, said:
 
"We are delighted to welcome the US Federal Government as a Corero customer.  This purchase follows a demanding trial period in which our SmartWall product successfully provided real-time DDoS protection across notable national projects run by the agency concerned, defeating several significant attacks."
 

Who Should Attend?Date:

Thursday 21 September 2017

Venue:

Radisson Blu Hotel Edinburgh, 80 High Street, The Royal Mile, Edinburgh, EH11TH

Event Timings:Sponsored by:

StockMarketWire.com
Corero Network Security's pre-tax losses rose to $4.8m in the six months to the end of June - up from $4.1m last time.

The group said this included amortisation of capitalised R&D of $1.1 million (H1 2016: $1.1 million) and amortisation of acquired intangible software assets $0.03 million (H1 2016: $0.2 million).

The reported loss per share was 2.0 cents (H1 2016: 2.4 cents).

Corero reported revenue of $4.8 million (H1 2016: $4.8 million) and loss before interest, tax, depreciation and amortisation of $3.4 million (H1 2016: loss $2.5 million).

It said SmartWall revenue grew 51% over H1 2016 (67% over H2 2016) and, as expected, revenue from legacy products reduced to $0.4 million (H1 2016: $1.9m).

Chief executive Ashley Stephenson said: "Corero has made good progress in the first half of 2017 with several significant milestones including our first $1 million customer, a continued increase in recurring revenues, expansion of our product line to 100Gbps capability and the launch of a virtual appliance, software only DDoS mitigation solution.

"We continue to win customers in our target markets of service and hosting providers and digital enterprises, almost doubling the number of SmartWall customers in the past 12 months to some 80 customers at the end of June 2017.

"In addition, our focus on increasing our routes to market through partnerships has resulted in formal agreements with Gigamon, Juniper Networks and McAfee. We expect the benefits of these and other such relationships we are pursuing to contribute in the second half of 2017."

Separately, Corero announce that its SmartWall threat defence system technology had been selected by a leading digital enterprise to protect its on-line presence against DDoS attacks.

It said the $0.2m initial order was part of an expected $1.5m global deployment over the next few quarters, one of its largest contract wins to date, to provide DDoS mitigation for the customer's core communication and IT infrastructure.

StockMarketWire.com
Corero Network Security has signed a resell partnership agreement with a leading US-based global cloud DDoS service provider.

Corero will supply its award-winning SmartWall threat defence system technology to customers of the partner seeking hybrid on-premises and cloud DDoS mitigation solutions.

Chief executive Ashley Stephenson said: 'We continue to deliver on our strategy of recruiting go-to-market partners.

'This new relationship provides Corero with greater access to digital enterprise customers through our new partner's significant market presence. Additionally, this relationship is yet another third party endorsement of the industry leading capabilities of our SmartWall product.

'We look forward to further expanding our growing enterprise customer base by building upon this additional route to market.'

StockMarketWire.com
Corero Network Security has secured its first SmartWall threat defence contract win in the Australian market.

Corero said the contract, worth more than US$200,000, was an expansion of an existing digital enterprise customer's SmartWall deployment as this customer rolled out real-time DDoS mitigation to its global locations.

It said this additional contract win brought the total value of SmartWall wins with this customer in 2017 to US$1.3m.

Corero president and EVP sales and marketing, Andrew Lloyd, said: 'Our unique technology addresses the increasing number of digital enterprises seeking always-on real-time DDoS mitigation solutions in response to the rampant growth of commercial and industrial cybercrime.

'We are delighted to see SmartWall deployed in a new geography and with an additional new Australian customer win anticipated before the end of the financial year, we look forward to expanding our presence in this market.

'We expect additional business from this customer in the coming months as it further deploys Corero's SmartWall technology across its global operations.'

StockMarketWire.com
Corero Network Security has warned that full year revenues will be hit by delays in customer implementation schedules.

Corero expects to end the year strongly, with a record final quarter SmartWall threat defence system order intake.

But it said revenue for the year ending 31 Dec would be hit by delays in world-wide implementation schedules for a large digital enterprise customer win in Q3 2017 and an existing customer's ongoing deployment (with the majority of the revenue from these two customer's now expected in H1 2018).

It said group revenue for the year ending 31 Dec was now expected to be in the range $8.5m to $9.0m.

It expected that SmartWall revenue and recurring revenue would show strong growth over the prior year, with the contribution from legacy product revenue only $0.6 million (2016: SmartWall revenue of $5.5 million versus legacy product revenue of $3.3 million for a total of $8.8 million).

Corero said SmartWall order intake for the year ending 31 Dec was expected to be between $9.3 million and $9.8 million, with approximately 50% representing recurring revenue in the form of support, services, and DDoS protection as a service (DDPaaS) contracts (2016: SmartWall order intake was $6.7 million including recurring revenue order intake of $2.6 million).

An update said that group EBITDA loss for the year was expected to be in the range $4.8 million to $5.3 million (2016: EBITDA loss $6.4 million).

Corero said it was encouraged that the Q4 2017 group EBITDA loss was expected to be in the range $0.1 to $0.5 million, bringing the group close to its goal of being EBITDA positive.

Corero said it had continued to manage its cost base in 2017 with overheads expected to be approximately 10% below the prior year.