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Major European Financial Institution Selects Corero Network Security in Multi-Year Deal to Safeguard Critical Infrastructure

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Corero Network Security (OTCQX: DDOSF) has secured a significant multi-year agreement with a major European financial institution to provide DDoS protection services. The deal includes an initial three-year term with a two-year extension option for a single country, with potential for expansion.

The agreement involves replacing an existing on-premises DDoS solution with Corero's technology, which will be integrated with Akamai's cloud-based DDoS protection. The combined solution, marketed as Akamai Prolexic On-Prem powered by Corero, offers unified defense, high availability, and proactive mitigation against cyber threats.

This strategic win demonstrates Corero's growing presence in the financial services sector and highlights the success of its partnership with Akamai Technologies in delivering integrated protection strategies.

Corero Network Security (OTCQX: DDOSF) ha siglato un importante accordo pluriennale con una grande istituzione finanziaria europea per fornire servizi di protezione DDoS. L'intesa prevede un periodo iniziale di tre anni con opzione di estensione di due anni per un singolo paese, con possibilità di estensione.

L'accordo prevede la sostituzione di una soluzione DDoS on-premises esistente con la tecnologia Corero, che sarà integrata con la protezione DDoS cloud di Akamai. La soluzione combinata, commercializzata come Akamai Prolexic On-Prem powered by Corero, garantisce difesa unificata, alta disponibilità e mitigazione proattiva delle minacce informatiche.

Questa vittoria strategica dimostra la crescente presenza di Corero nel settore dei servizi finanziari e mette in luce il successo della partnership con Akamai Technologies nella fornitura di strategie di protezione integrate.

Corero Network Security (OTCQX: DDOSF) ha asegurado un importante acuerdo plurianual con una gran entidad financiera europea para proporcionar servicios de protección contra DDoS. El contrato incluye un plazo inicial de tres años con opción de prórroga de dos años para un único país, con posibilidad de ampliación.

El acuerdo contempla reemplazar una solución DDoS on-premises existente por la tecnología de Corero, que se integrará con la protección DDoS en la nube de Akamai. La solución combinada, comercializada como Akamai Prolexic On-Prem powered by Corero, ofrece defensa unificada, alta disponibilidad y mitigación proactiva frente a amenazas cibernéticas.

Este logro estratégico refleja la creciente presencia de Corero en el sector de servicios financieros y destaca el éxito de su alianza con Akamai Technologies para ofrecer estrategias de protección integradas.

Corero Network Security (OTCQX: DDOSF)는 유럽의 주요 금융기관과 다년간의 대규모 계약을 체결하여 DDoS 방어 서비스를 제공하게 되었습니다. 이 계약은 단일 국가를 대상으로 하는 초기 3년 계약과 2년 연장 옵션을 포함하며, 확장 가능성이 열려 있습니다.

이번 계약에는 기존의 온프레미스 DDoS 솔루션을 Corero의 기술로 교체하고, 이를 Akamai의 클라우드 기반 DDoS 방어와 통합하는 내용이 포함됩니다. Akamai Prolexic On-Prem powered by Corero로 판매되는 통합 솔루션은 통합 방어, 높은 가용성, 그리고 사이버 위협에 대한 사전적인 완화 기능을 제공합니다.

이번 전략적 수주는 금융 서비스 분야에서 Corero의 입지가 확대되고 있음을 보여주며, 통합 보호 전략을 제공하는 Akamai Technologies와의 파트너십 성과를 부각합니다.

Corero Network Security (OTCQX: DDOSF) a conclu un important contrat pluriannuel avec une grande institution financière européenne pour fournir des services de protection DDoS. L'accord prévoit une durée initiale de trois ans avec une option de prolongation de deux ans pour un seul pays, avec possibilité d'extension.

Le contrat implique le remplacement d'une solution DDoS sur site existante par la technologie de Corero, qui sera intégrée à la protection DDoS cloud d'Akamai. La solution combinée, commercialisée sous le nom Akamai Prolexic On-Prem powered by Corero, offre une défense unifiée, une haute disponibilité et une atténuation proactive des menaces cybernétiques.

Cette réussite stratégique illustre la présence croissante de Corero dans le secteur des services financiers et met en avant le succès de son partenariat avec Akamai Technologies dans la fourniture de stratégies de protection intégrées.

Corero Network Security (OTCQX: DDOSF) hat einen bedeutenden mehrjährigen Vertrag mit einer großen europäischen Finanzinstitution zur Bereitstellung von DDoS-Schutzleistungen abgeschlossen. Der Vertrag umfasst eine anfängliche Laufzeit von drei Jahren mit einer Optionalverlängerung um zwei Jahre für ein einzelnes Land und bietet Erweiterungsmöglichkeiten.

Im Rahmen des Abkommens wird eine bestehende On-Premises-DDoS-Lösung durch Coreros Technologie ersetzt, die mit Akamais Cloud-basierendem DDoS-Schutz integriert wird. Die kombinierte Lösung, vermarktet als Akamai Prolexic On-Prem powered by Corero, bietet einheitliche Abwehr, hohe Verfügbarkeit und proaktive Eindämmung von Cyber-Bedrohungen.

Dieser strategische Erfolg unterstreicht Coreros wachsende Präsenz im Finanzdienstleistungssektor und hebt die erfolgreiche Partnerschaft mit Akamai Technologies zur Bereitstellung integrierter Schutzstrategien hervor.

Positive
  • Secured multi-year contract with major European financial institution
  • Partnership with industry leader Akamai Technologies strengthens market position
  • Potential for geographic expansion beyond initial single-country deployment
  • Replacement of incumbent provider demonstrates competitive advantage
Negative
  • None.

Strategic win highlights the strength of Corero's technology and alliance with Akamai Technologies

LONDON, Aug. 28, 2025 /PRNewswire/ -- Corero Network Security (AIM: CNS) (OTCQX: DDOSF), a recognized leader in DDoS protection and champion of adaptive, real-time service availability, today announced it has secured a multi-year agreement with a leading European financial institution to enhance the resilience and availability of critical digital services. The win underscores Corero's growing role in the global financial services sector and highlights the strategic value of its alliance with Akamai Technologies, which enables integrated protection strategies for enterprise environments.

Under the terms of the agreement, Corero will replace an incumbent on-premises DDoS protection solution following performance challenges and limited support experienced by the customer. Corero's ease of use, real-time mitigation capabilities and leading security operations center services were key factors in the decision. The agreement spans an initial three-year term and an optional two-year extension for a single country with the opportunity for further growth.

The customer already relies on Akamai's cloud-based DDoS protection. By adding the on-premises component, sold as Akamai Prolexic On-Prem powered by Corero, they gain a unified defense model that delivers high availability, operational visibility and proactive mitigation against evolving cyber threats. Procuring the full solution through Akamai also streamlined the purchasing and deployment process.

Carl Herberger, Chief Executive Officer at Corero Network Security, said:
"This is a significant validation of our ability to meet the high standards of one of Europe's most trusted financial institutions. It reflects the value of our technology and our partnership with Akamai, and reinforces our position as a provider of choice for organizations where service availability is mission-critical."

"This continued partnership and strategic win alongside Corero underscore Akamai's commitment to safeguarding the world's most critical sectors with innovative, integrated security solutions. By combining Corero's real-time on-premises DDoS mitigation with our market-leading cloud platform, we provide financial institutions unified protection, seamless operations, and the agility they need to stay resilient against evolving threats. This award demonstrates the real value of our alliance in delivering to customers and marks an exciting milestone in our ongoing collaboration," 

said Ankita Kharya, Director of Product Management, Akamai Infrastructure Security.

With Corero's protection in place, the institution gains enhanced visibility into threat activity, faster response times and improved assurance that essential services remain uninterrupted. The deal reflects increasing demand in the financial sector for integrated, proactive DDoS defense.

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 OTCQX Market (OTCQX: DDOSF).

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/major-european-financial-institution-selects-corero-network-security-in-multi-year-deal-to-safeguard-critical-infrastructure-302540373.html

SOURCE Corero Network Security

FAQ

What is the duration of Corero Network Security's (DDOSF) new contract with the European financial institution?

The contract includes an initial three-year term with an optional two-year extension, focusing on a single country with potential for expansion.

How does Corero's DDoS protection solution integrate with Akamai Technologies?

The solution is sold as Akamai Prolexic On-Prem powered by Corero, combining Corero's on-premises DDoS mitigation with Akamai's cloud-based protection for unified defense.

What were the key factors in selecting Corero's (DDOSF) DDoS protection solution?

The key factors were ease of use, real-time mitigation capabilities, and leading security operations center services.

Why did the European financial institution choose to replace their existing DDoS protection with Corero (DDOSF)?

The institution experienced performance challenges and limited support with their incumbent on-premises DDoS protection solution.

What benefits will the financial institution gain from implementing Corero's protection?

The institution will gain enhanced visibility into threat activity, faster response times, and improved assurance of uninterrupted essential services.
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