Corero secures $1.8 million in contracts for new cybersecurity platform

Published 07/07/2025, 07:16
Corero secures $1.8 million in contracts for new cybersecurity platform

LONDON - Cybersecurity firm Corero Network Security plc (AIM:CNS) (OTCQX:DDOSF) has secured its first two customer contracts for its CORE platform, totaling $1.8 million, the company announced Monday.

The CORE (Corero Observability and Resiliency Ecosystem) platform, first unveiled in October 2024, represents Corero’s expansion beyond its traditional distributed denial of service (DDoS) protection offerings.

TierPoint, a data center and cloud solutions provider, has agreed to a $1.5 million contract that includes Corero’s new Layer 7 DDoS protection capability. The solution was co-developed with TierPoint to defend against application-layer attacks without the complexity of traditional web application firewalls.

In a separate agreement, Cooper University Health Care signed a three-year, $300,000 contract to implement Corero’s Zero Trust Access Control (ZTAC) capabilities across its network infrastructure, which supports nearly 14,000 employees across three hospitals.

The ZTAC technology enforces authentication at the network edge to ensure only verified users and devices can access critical systems.

"We are delighted to have secured our first CORE deployments, reinforcing our strategy to develop complementary products alongside our DDoS portfolio," said Carl Herberger, Chief Executive Officer at Corero, in the press release statement.

The CORE platform’s initial capabilities include Traffic Analysis, Zero Trust Access Control, and Layer 7 DDoS protection, focusing on operational resilience alongside Corero’s established DDoS protection solutions.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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