Coro Named Global Infosec Award 2025 Winner During RSA Conference for Cutting-Edge SMB Cybersecurity
Award Recognizes Coro's Innovative Approach to SMB Cybersecurity as it Continues Record Growth and Global Expansion
SAN FRANCISCO, April 28, 2025--(BUSINESS WIRE)--RSA Conference - Coro, the leading cybersecurity platform for small and midsize businesses, today announced that Cyber Defense Magazine (CDM) has crowned it Global Infosec Award 2025 winner in the category of Cutting-Edge SMB Cybersecurity. The global award recognizes excellence in information security products and services. After evaluating more than 3,000 participating security vendors, CDM's judges chose Coro as one of its select winners. This recognition continues Coro's award-winning streak, highlighting the company's innovative approach to solving the cybersecurity crisis facing small and midsize businesses today.
According to a cybersecurity Accenture report, while companies of all sizes have experienced a rise in cyberattacks, 43% have been directed at midmarket organizations in recent years. An SBA survey found that 88% of small business owners felt their business was vulnerable to cyberattacks; yet they lack the budgets for advanced security solutions, have limited time to devote to cybersecurity, and don't know where to begin. The Accenture study reflected that only 14% of the surveyed SMEs felt adequately prepared to defend themselves against cyberattacks.
"Coro embodies three major features we judges look for to become winners: understanding tomorrow's threats today, providing a cost-effective solution and innovating in unexpected ways that can help mitigate cyber risk and get one step ahead of the next breach," said Gary S. Miliefsky, Publisher of Cyber Defense Magazine.
Responding to the recognition, Guy Moskowitz, CEO of Coro, said "We're honored to be again selected as a Global Infosec Award winner, especially competing against 3,000 other cybersecurity contenders. CDM's Global Infosec Award reflects Coro's commitment to delivering to our partners and their SMB customers with the simplest, most comprehensive cybersecurity platform in the market. Looking ahead, Coro plans to stay ahead of evolving threats, particularly AI-driven scams and exploits, reinforcing our position as the leading cybersecurity solution for SMBs globally."
Coro has grown its revenue by 2,670% over the past three years. The company continues its global expansion with its recent EDEMA presence and London office opening while innovating with the launch of Coro 3.0, the industry's award-winning modular cybersecurity platform.
About Cyber Defense Magazine
Cyber Defense Magazine is the premier source of cyber security news and information for Info Sec professionals in business and government. We are managed and published by and for ethical, honest, passionate information security professionals. Our mission is to share cutting-edge knowledge, real-world stories and awards on the best ideas, products and services in the information technology industry. We deliver electronic magazines every month online for free and special editions exclusively for the ARCS Conferences. CDM is a proud member of the Cyber Defense Media Group. Learn more about us at https://www.cyberdefensemagazine.com and visit https://www.cyberdefensetv.com and https://www.cyberdefenseradio.com.
About Coro
Based in Chicago, IL, Coro is the leading cybersecurity platform for small and midsize businesses, making security simpler and smarter through the world's first modular cybersecurity platform. Coro empowers organizations to defend against ransomer, shipping, mal ware, insider threats, and more—across users, devices, networks, and cloud app. Coro's modular platform stops threats in its tracks—automatically detecting and remediation security threats across businesses without draining IT resources. Coro is one of North America's fastest-growing cybersecurity companies, ranked on the 2024 Dolerite Technology Fast 500 for the second year in a row. For more information, please visit Coro or follow us via LinkedIn, Twitter, YouTube, or Facebook.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250428237991/en/
Contacts
Press Contact:Carmen HughesIgnite Xcarmen@ignitepr.com +1.650.576.6444
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Wire
16 hours ago
- Business Wire
Coro Expands its Footprint into Australia and New Zealand
CHICAGO--(BUSINESS WIRE)-- Coro, the leading cybersecurity platform for small and midsize businesses, today announced its formal expansion into the ANZ region. As part of its formal entry into ANZ, Coro signed a distribution agreement with Bluechip Infotech, one of the largest distributors in the region, with a network of hundreds of managed service providers (MSPs) and resellers. Cybersecurity and channel leader veteran Joe Sykora will spearhead the international expansion into Australia and New Zealand. He will be supported by Regional Vice President of Sales Demetrios Georgiou, a proven leader in the ANZ region with deep in-market experience. 'We make it exceedingly easy for partners to scale and deliver enterprise-grade security to the SMB market — profitably, predictably, and simply.' — Joe Sykora, SVP & GM, Americas and ANZ, Coro Share Coro's expansion into ANZ comes at a critical time. During the 2021-22 financial year, over 76,000 cybercrimes were reported to the Australian Signals Directorate's Australian Cyber Security Centre (ASD's ACSC) – equivalent to a cybercrime every 7 minutes. Cyber incidents cost small businesses over $39,000 on average and these costs are rising. In the 2022-23 financial year, the average cost of cybercrime for small businesses rose to $46,000. Coro's cybersecurity platform protects against threats such as malware, ransomware, phishing, insider threats, data loss, and more. 'Coro's blend of simplicity, scalability, and automation makes it a game-changer for the SMB segment. Our partners will now be able to provide more value with less complexity,' said Johnson Hsiung, Bluechip Infotech's Managing Director. 'We're thrilled to partner with Bluechip Infotech to make it exceedingly easy for our partners to scale and deliver enterprise-grade security to the SMB market in a profitable, predictable and simplified way. We offer a broad range of core cybersecurity solutions all managed in a seamless, integrated dashboard,' said Joe Sykora, SVP and General Manager, Americas and ANZ at Coro. Coro has experienced explosive growth, tripling its revenue year over year for the past three years. The company continues its global expansion with its recent EMEA presence and London office opening while innovating with the launch of Coro 3.0, the industry's first modular cybersecurity platform. Coro has been recognized as one of North America's fastest-growing companies for two consecutive years, ranking No. 51 on Deloitte Technology's Fast 500. Coro welcomes ANZ partners to explore its recently announced Coro Compass program. The new partner program was designed to empower partners of all sizes through hands-on support, tailored marketing collaboration, and dedicated enablement. To learn more about Coro Compass, they can visit About Coro Based in Chicago, IL, Coro is the leading cybersecurity platform for small and midsize businesses, making security simpler and smarter through the world's first modular cybersecurity platform. Coro empowers organizations to defend against ransomware, phishing, malware, insider threats, and more—across users, devices, networks, and cloud apps. Coro's modular platform stops threats in its tracks—automatically detecting and remediating security threats across businesses without draining IT resources. Coro is one of North America's fastest-growing cybersecurity companies, ranked on the 2024 Deloitte Technology Fast 500 for the second year in a row. For more information, please visit Coro or follow on social media via LinkedIn, Twitter, YouTube, or Facebook.
Yahoo
a day ago
- Yahoo
Can Gorilla's Bold Thailand Acquisition Fuel its Global AI Ambitions?
Gorilla Technology Group Inc. GRRR recently agreed to acquire two Thai tech firms, CNS and its subsidiary CANS. These companies specialize in AI-driven customer engagement, video analytics and cybersecurity. With this deal, GRRR gains access to their mobility-first AI platforms and a strong customer base across all of Thailand. This is a major strategic move for GRRR, boosting its product portfolio with proven, scalable AI solutions and expanding its regional footprint across Southeast Asia. CNS and CANS bring local expertise, a large enterprise network, and technology already aligned with real-world deployments. GRRR is positioning itself as a leader in AI and digital infrastructure across emerging markets like Southeast Asia, Latin America and other regions. The deal unlocks new recurring revenue streams, especially from AI-powered customer engagement platforms, an industry projected to reach $173.9 billion by 2032. It also gives GRRR access to Southeast Asia's booming $6.8 billion Edge AI and cybersecurity market. Though financial terms weren't disclosed, the acquisition enhances GRRR's ability to scale, diversify revenue and tap into high-growth sectors like smart cities, telecom and public safety. If integrated effectively, this move could significantly accelerate GRRR's top-line growth in the coming years. The global video analytics market is expected to exceed $23.4 billion by 2030, indicating a lucrative opportunity ahead. The deal is expected to close this summer. How Are GRRR's Peers Expanding Their Footprint? Notable peers, such as Palo Alto Networks, Inc. PANW and Zscaler, Inc. ZS, are also aggressively expanding their global footprints. Palo Altohas been broadening its platform through high-profile AI acquisitions, such as Protect AI during the RSA Conference, boosting its AI security offerings and doubling down on cloud-driven expansion. Palo Alto's consistent move into cloud-native security reflects a strategic push to serve global clients. Zscaler, headquartered in San Jose, has extended its cloud-security "Zero Trust Exchange" internationally and fortified its platform via targeted M&A. Recent acquisitions include names like Red Canary and Avalor. Previous deals, such as TrustPath and Smokescreen, enhanced Zscaler's global delivery reach and regional market presence. Gorilla Technology's Price Performance, Valuation and Estimates Shares of Gorilla Technology have gained 14.3% year to date, outperforming the broader industry. Image Source: Zacks Investment Research From a valuation standpoint, Gorilla Technology trades at a forward price-to-sales ratio of 3.39X, above the industry average of 2.86X. GRRR carries a Value Score of F. The Zacks Consensus Estimate for Gorilla Technology's 2025 earnings implies a 115.8% improvement year over year, followed by 12.4% growth next year. Image Source: Zacks Investment Research The stock currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Palo Alto Networks, Inc. (PANW) : Free Stock Analysis Report Zscaler, Inc. (ZS) : Free Stock Analysis Report Gorilla Technology Group Inc. (GRRR) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
29-05-2025
- Yahoo
North Carolina Education Lottery Partners with Cineplex Digital Media for New Digital Signage Program at 1500+ Retail Locations
TORONTO, May 29, 2025 /CNW/ - (TSX: CGX) – Cineplex Digital Media (CDM), a division of Cineplex, announced it has signed a ten-year agreement with the North Carolina Education Lottery to provide a digital signage network solution at retailers across North Carolina. Following a comprehensive process, CDM was chosen given its unique strategic and ecosystem-based approach to digital signage solutions, extensive retail experience and ability to provide industry leading design, content strategy and data expertise. CDM's solution includes digital menu boards inside more than 1,500 select lottery retail partner locations and claim centers across North Carolina, with an opportunity to expand locations throughout its long-term partnership. With flexible marketing and messaging options, this new program will enhance the player experience and the North Carolina Education Lottery's commitment to supporting retail partner success. CDM's unique approach and end-to-end solution will ensure the lottery can tailor messages to playing audiences while measuring and optimizing its impact and return for education in North Carolina. "We constantly look for innovative ways to connect with our players," said Terri Rose, Chief Brand Officer, North Carolina Education Lottery. "The agreement with Cineplex Digital Media provides us with a digital platform to reach that audience with messaging tailored specifically to them. That is a major investment in our retail partners that should help us raise more money for the good cause we serve". "We are honoured to be chosen as the North Carolina Education Lottery's exclusive digital signage partner and look forward to working with them to provide solutions to support its education fundraising and elevate player experience," said Fab Stanghieri, Executive Vice President and Managing Director, CDM. "With our experience in the lottery market and our strategic partnership network, we are excited to work together to deploy a specialized and data optimized retail digital solution to keep retailer and player experience top-of-mind". As a one-stop digital signage solution provider, Cineplex Digital Media offers end-to-end services that drive results. As a leader in Digital Out-of-Home, Retail, Financial, Grocery and Quick Service Restaurant industries, CDM provides innovative, data-led digital signage solutions for clients, including the North Carolina Education Lottery. CDM is known for its creative and experience design expertise, data and analytics services, operational excellence and media sales. For more information on Cineplex Digital Media, visit About Cineplex Cineplex (TSX: CGX) is a top-tier Canadian brand that operates in the Film Entertainment and Content, Amusement and Leisure, and Media sectors. Cineplex offers a unique escape from the everyday to millions of guests through its circuit of 172 movie theatres and location-based entertainment venues. In addition to being Canada's largest and most innovative film exhibitor, the company operates Canada's favourite destination for 'Eats & Entertainment' (The Rec Room), complexes specially designed for teens and families (Playdium), and an entertainment concept that brings movies, amusement gaming, dining, and live performances together under one roof (Cineplex Junxion). It also operates successful businesses in cinema media (Cineplex Media), digital place-based media (Cineplex Digital Media or CDM), alternative programming (Cineplex Events) and motion picture distribution (Cineplex Pictures). Providing even more value for its guests, Cineplex is a partner in Scene+, Canada's largest entertainment and lifestyle loyalty program. Proudly recognized as having one of the country's Most Admired Corporate Cultures, Cineplex employs over 10,000 people in its offices and venues across Canada. To learn more, visit About North Carolina Education Lottery The North Carolina Education Lottery raises more than $1 billion a year for public education programs in N.C. In fiscal year 2024, the lottery recorded more than $5.3 billion in sales. Tickets are sold at more than 7,100 retail locations in North Carolina. SOURCE Cineplex View original content to download multimedia: Sign in to access your portfolio
