Corero Secures Multi-Year Agreement with Leading European Financial Institution

Strategic Insights -

Corero Network Security, a recognized leader in DDoS protection, has announced a multi-year agreement with a leading European financial institution to enhance the resilience and availability of critical digital services. This strategic win highlights the strength of Corero's technology and its alliance with Akamai Technologies, enabling integrated protection strategies for enterprise environments. The agreement replaces an incumbent on-premises DDoS protection solution following performance challenges and limited support experienced by the customer.

Key Takeaways:

  • Corero has secured a multi-year agreement with a leading European financial institution to enhance the resilience and availability of critical digital services.
  • The agreement underscores Corero's growing role in the global financial services sector and highlights the strategic value of its alliance with Akamai Technologies.
  • 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, and the addition of on-premises component provides a unified defense model.
  • Procuring the full solution through Akamai streamlined the purchasing and deployment process.
  • Corero's protection provides enhanced visibility into threat activity, faster response times, and improved assurance that essential services remain uninterrupted.

Statistics:

  • The agreement spans an initial three-year term with an optional two-year extension.
  • The customer has the opportunity for further growth with the agreement.
  • Corero's DDoS protection solutions protect against external and internal DDoS threats in complex edge and subscriber environments.
  • Corero has operational centers in Marlborough, Massachusetts, USA, and Edinburgh, UK.

Sources:

  • "Corero Network Security" (Aug. 28, 2025) / PRNewswire /
  • Corero Network Security listed on the London Stock Exchange's AIM market (ticker: CNS) and the US OTCQX Market (OTCQX: DDOSF).