Corero plc (AIM: CORO)
('Corero' or the 'Company')
Industry first network- and application-layer DDoS Defence System
Corero plc, the AIM listed network security and business software provider, today announces the launch of its DDoS Defence System ('DDS'). This is a new product line created to detect and block network-layer and application-layer Distributed Denial of Service ('DDoS') cyber-attacks.
The DDS product line is believed by Corero to be the first available solution for both network-layer and application-layer DDoS defence. DDS enables the detection of ever more prevalent and malicious DDoS attacks, many of which now occur at the application-layer, and minimises the risks and losses associated with them. These application-layer DDoS attacks can quickly exhaust local server resources while going undetected by conventional DDoS detection solutions, leading to lost revenue and business disruption.
DDoS attacks are increasingly widespread and prevalent. These attacks attempt to make a computer (such as a web site server) unavailable to its intended users and generally consist of the concerted efforts of cybercriminals to prevent an internet site from functioning efficiently or at all, temporarily or indefinitely. One common method of attack involves saturating the target computer with external communications requests, such that it cannot respond to legitimate traffic or responds so slowly as to be rendered effectively unavailable. More recently, these attacks have become increasingly sophisticated and destructive with the evolution of attacks targeted at computer software applications.
Corero has more than ten years of expertise in the development and provision of DDoS defence systems and DDS is built on its flagship fourth-generation network security platform. A DDS solution typically comprises of a hardware unit and associated software components, coupled with Corero's remote support. The solution is quick and simple to configure and once installed, a customer's servers are protected against the effects of DDoS attacks that might occur, and the business avoids downtime and associated reputation losses.
Andrew Miller, COO of Corero, commented: "Corero's new DDS product stops the disruptive force of application-layer DDoS attacks in order to keep organisations' critical applications and IT environments running smoothly. The significant increase in DDoS attacks over the last 12 months means that organisations cannot afford to leave their IT infrastructure unprotected. The launch of DDS brings us a step closer to our stated strategy of becoming a market leader in the provision of network security solutions to mid-market enterprise and government organisations."
Corero plc |
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Andrew Miller, Chief Operating Officer |
Tel: 01923 897 333 |
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finnCap |
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Clive Carver/Henrik Persson |
Tel: 020 7600 1658 |
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Walbrook PR |
Tel: 020 7933 8780 |
Bob Huxford (Media Relations) |
Mob: 07747 635 908 or bob.huxford@walbrookpr.com |
Paul Cornelius (Investor Relations) |
Mob: 07827 879 460 or paul.cornelius@walbrookir.com |
About Corero Network Security
Corero Network Security acquired Top Layer Networks, Inc. in March 2011 as a first step in creating its Corero Security Systems division. The Group's strategy is to build, through a combination of acquisition and organic development, a network security technology business focused on delivering software and hardware solutions and related support services to mid-market commercial and enterprise customers and telecommunication service providers, through international channels.
Corero Network Security's Business Systems division serves the education and business sectors in the UK by delivering powerful, dynamic modular accounting and business management software and services.