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Corero secures several customer orders worth $1.2m

By BFN News | 08:42 AM | Tuesday 03 April, 2018


Corero Network Security said Tuesday it secured several customer orders worth $1.2m. The firm said the contract wins included a $0.3m order for its SmartWall Threat Defense technology with a cloud-based web development customer, a $0.2m order for its SmartWall technology with a digital enterprise customer, a $0.2m follow-on order with a UK government customer and a $0.5m customer support renewal. Andrew Lloyd, Corero President and EVP Sales and Marketing, said: 'March 2018 has been an unprecedented month for the global DDoS sector with the record for the largest reported attack having been broken twice. We are seeing zero tolerance for service downtime due to cyber-attacks from many digital enterprises and the operators of essential services for critical national infrastructures and are delighted that our customers continue to recognise that SmartWall delivers real-time protection from DDoS cyber-attacks.' 'Our service provider customers are at the sharp end of these attacks and continue to face ever increasing service level demands from their customers. Our recent new contracts and renewal success further validates the effectiveness of SmartWall and our customers' ongoing satisfaction with our SecureWatch service.' At 8:42am: (LON:CNS) Corero Network Security PLC share price was +0.5p at 6.25p Story provided by StockMarketWire.com

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