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Corero wins contract with US federal government agency

Corero's customer base continues to extend beyond internet services and hosting providers ... and small wonder after yesterday's wave of cyber-attacks

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"We are delighted to welcome the US Federal Government as a Corero customer," said CEO, Ashley Stephenson

The day after a wave of cyber-attacks worldwide was a good day for Corero Network Security PLC (LON:CNS) to announce its latest contract win.

The firm, which specialists is thwarting “distributed denial of service” (DDoS) attacks, where a malevolent third party attempts to bring an agency’s network to its knees by inundating it with input/output requests, said its SmartWall Threat Defense System had been chosen to protect a high profile US federal government agency.

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The US$0.4 million order provides DDoS mitigation capacity for a number of the agency's sites delivering up to 200 gigabits per second “always”-on protection. The solution comprises multiple Corero SmartWall products, with supporting SecureWatch services for one year.

Corero noted that its scalable SmartWall solution is expanding beyond internet service providers and hosting providers to include an increasing number of digital enterprises and government departments seeking always-on DDoS mitigation technologies. Yesterday’s widely reported hacking attack, which seems to have hit Ukraine and Russia especially hard, adds weight to Corero’s assertion.

Corero chief executive, Ashley Stephenson, said the contract win followed 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.

Shares in Corero were up 17% on the news.

Quick facts: Corero Network Security PLC

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Price: 10.61 GBX

Market Cap: £52.5 m

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