Corero Network Security Secures Major Renewal with DigitalOcean – Company Announcement – – Financial Times

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, June 5, 2024 /PRNewswire/ — Today, Corero Network Security (AIM: CNS) (OTCQB: DDOSF), the distributed denial of service (DDoS) protection specialists, announced the renewal of a significant contract with DigitalOcean, a leading cloud computing provider. This $1M+ agreement extends the partnership for an additional three years, highlighting Corero’s trusted role in safeguarding DigitalOcean’s extensive network infrastructure.

DigitalOcean, renowned for offering simple and affordable cloud computing solutions, has been a pioneering force in enabling developers, startups, and SMBs to bring their innovations to life. With a global network spanning over 17 data centers, DigitalOcean has turned to Corero’s advanced DDoS protection solutions to ensure seamless operations and robust defense against cyber threats.

Under the renewed contract, Corero will provide DigitalOcean with its comprehensive SecureWatch Managed Services. This fully managed solution encompasses configuration optimization, proactive monitoring, and swift mitigation response to any DDoS incident. Delivered by Corero’sSecurity Operations Center (SOC), this service is designed to meet the specific security policies and business goals of DigitalOcean.

Carl Herberger, CEO at Corero Network Security, commented:

“We are thrilled to continue our partnership with DigitalOcean. This renewal underscores the confidence they have in our ability to protect their critical infrastructure. Our SecureWatch Managed Services will allow DigitalOcean to focus on their core business activities, knowing that their network is in safe hands.”

Corero’s solution replaces a competitive solution with Corero SmartWall ONE, providing rapid and accurate DDoS attack detection at the network edge. Additionally, a dedicated Technical Account Manager will ensure ongoing professional services and continuous enhancements to DigitalOcean’s deployment.

During an initial eight-month ramp-up and trial period, Corero demonstrated significant value through seamless transitions and continuous optimization, ultimately leading to this extended commitment from DigitalOcean.

About Corero Network Security

Corero Network Security is a leading provider of DDoS protection solutions, specializing 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 centers 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).

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SOURCE Corero Network Security

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