Latest news with #CoreroNetworkSecurity
Arabian Post
5 days ago
- Business
- Arabian Post
LightEdge Fortifies Hybrid Cloud Security with $1.2M Corero Upgrade
LightEdge, a provider of hybrid hosting solutions, has expanded its collaboration with Corero Network Security through a $1.2 million agreement aimed at enhancing its defence against distributed denial-of-service attacks. This strategic move involves the deployment of Corero's SmartWall ONE platform across LightEdge's global data centre network, replacing an existing competitor's solution. The expanded partnership underscores LightEdge's commitment to bolstering its cybersecurity framework, particularly as organisations increasingly adopt hybrid and private cloud environments. The integration of Corero's technology is designed to provide real-time, adaptive DDoS mitigation with sub-second response times, ensuring minimal disruption to services. Carl Herberger, CEO of Corero Network Security, highlighted the significance of the collaboration, stating, 'LightEdge is helping businesses thrive in the hybrid cloud era—where performance, compliance, and uptime are non-negotiable. We're proud to deepen our partnership, delivering protection that's as scalable and dynamic as the threats it defends against.' ADVERTISEMENT Michael Hannan, CIO & CSO at LightEdge, emphasised the importance of the upgrade, noting, 'Unifying and streamlining our security strategy makes sense for our hybrid cloud business, enabling us to adapt to our truly hybrid and highly-compliant client environments. Expanding with Corero was the clear choice to continue a relationship that has consistently delivered for us over the years.' The deployment of SmartWall ONE is expected to enhance LightEdge's ability to protect its infrastructure from sophisticated DDoS attacks, which have become increasingly prevalent in the digital landscape. The platform's capability to operate inline, at the edge, or within hybrid cloud configurations offers flexibility and scalability, aligning with LightEdge's diverse service offerings. This development reflects a broader industry trend towards adopting advanced, AI-ready security solutions that can adapt in real-time to evolving threats. As cyberattacks grow in complexity and frequency, the need for robust, responsive defence mechanisms becomes paramount for service providers and their clients.
Yahoo
14-05-2025
- Business
- Yahoo
Returns Are Gaining Momentum At Corero Network Security (LON:CNS)
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a business will show two trends; firstly a growing return on capital employed (ROCE) and secondly, an increasing amount of capital employed. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. So when we looked at Corero Network Security (LON:CNS) and its trend of ROCE, we really liked what we saw. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. If you haven't worked with ROCE before, it measures the 'return' (pre-tax profit) a company generates from capital employed in its business. The formula for this calculation on Corero Network Security is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.022 = US$492k ÷ (US$33m - US$11m) (Based on the trailing twelve months to December 2024). So, Corero Network Security has an ROCE of 2.2%. In absolute terms, that's a low return and it also under-performs the Software industry average of 12%. Check out our latest analysis for Corero Network Security Above you can see how the current ROCE for Corero Network Security compares to its prior returns on capital, but there's only so much you can tell from the past. If you'd like to see what analysts are forecasting going forward, you should check out our free analyst report for Corero Network Security . Corero Network Security has broken into the black (profitability) and we're sure it's a sight for sore eyes. The company was generating losses five years ago, but has managed to turn it around and as we saw earlier is now earning 2.2%, which is always encouraging. Interestingly, the capital employed by the business has remained relatively flat, so these higher returns are either from prior investments paying off or increased efficiencies. So while we're happy that the business is more efficient, just keep in mind that could mean that going forward the business is lacking areas to invest internally for growth. So if you're looking for high growth, you'll want to see a business's capital employed also increasing. For the record though, there was a noticeable increase in the company's current liabilities over the period, so we would attribute some of the ROCE growth to that. The current liabilities has increased to 34% of total assets, so the business is now more funded by the likes of its suppliers or short-term creditors. Keep an eye out for future increases because when the ratio of current liabilities to total assets gets particularly high, this can introduce some new risks for the business. To sum it up, Corero Network Security is collecting higher returns from the same amount of capital, and that's impressive. Since the stock has returned a staggering 280% to shareholders over the last five years, it looks like investors are recognizing these changes. With that being said, we still think the promising fundamentals mean the company deserves some further due diligence. While Corero Network Security looks impressive, no company is worth an infinite price. The intrinsic value infographic for CNS helps visualize whether it is currently trading for a fair price. If you want to search for solid companies with great earnings, check out this free list of companies with good balance sheets and impressive returns on equity. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
23-04-2025
- Business
- Yahoo
Corero Appoints Edison Group to Strengthen U.S. and International Investor Distribution
LONDON, April 23, 2025 /PRNewswire/ -- Corero Network Security (AIM: CNS) (OTCQX: DDOSF), the distributed denial of service (DDoS) protection specialists, today announced the appointment of Edison Group to enhance awareness and understanding of its business among international investors. Edison will produce in-depth and regular research coverage of Corero, including video commentary and additional investor content. All materials will be publicly available, enabling investors across geographies and asset classes to access high-quality insight into Corero's performance and strategy. Carl Herberger, CEO of Corero, commented: "We're pleased to be working with Edison to raise Corero's visibility, particularly among U.S. investors. As a globally listed business, it's important that the international investment community can access high-quality research and understand our long-term value proposition. We believe Edison's reach and insight will be instrumental in achieving this." Investors can register to receive Edison's research and updates as they are published via Corero's Edison landing page: Edison is expected to initiate coverage in Q2 2025. About Corero Network SecurityCorero Network Security is a leading provider of DDoS protection solutions, specializing in adaptive 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). View original content to download multimedia: SOURCE Corero Network Security Sign in to access your portfolio
Yahoo
16-04-2025
- Business
- Yahoo
Is Corero Network Security plc's (LON:CNS) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Corero Network Security (LON:CNS) has had a great run on the share market with its stock up by a significant 22% over the last week. As most would know, fundamentals are what usually guide market price movements over the long-term, so we decided to look at the company's key financial indicators today to determine if they have any role to play in the recent price movement. In this article, we decided to focus on Corero Network Security's ROE. Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. In other words, it is a profitability ratio which measures the rate of return on the capital provided by the company's shareholders. We check all companies for important risks. See what we found for Corero Network Security in our free report. The formula for return on equity is: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Corero Network Security is: 2.7% = US$498k ÷ US$19m (Based on the trailing twelve months to December 2024). The 'return' is the income the business earned over the last year. That means that for every £1 worth of shareholders' equity, the company generated £0.03 in profit. Check out our latest analysis for Corero Network Security Thus far, we have learned that ROE measures how efficiently a company is generating its profits. Based on how much of its profits the company chooses to reinvest or "retain", we are then able to evaluate a company's future ability to generate profits. Assuming everything else remains unchanged, the higher the ROE and profit retention, the higher the growth rate of a company compared to companies that don't necessarily bear these characteristics. It is hard to argue that Corero Network Security's ROE is much good in and of itself. Even when compared to the industry average of 11%, the ROE figure is pretty disappointing. In spite of this, Corero Network Security was able to grow its net income considerably, at a rate of 64% in the last five years. We reckon that there could be other factors at play here. For instance, the company has a low payout ratio or is being managed efficiently. We then compared Corero Network Security's net income growth with the industry and we're pleased to see that the company's growth figure is higher when compared with the industry which has a growth rate of 14% in the same 5-year period. Earnings growth is an important metric to consider when valuing a stock. What investors need to determine next is if the expected earnings growth, or the lack of it, is already built into the share price. Doing so will help them establish if the stock's future looks promising or ominous. Is Corero Network Security fairly valued compared to other companies? These 3 valuation measures might help you decide. Corero Network Security doesn't pay any regular dividends currently which essentially means that it has been reinvesting all of its profits into the business. This definitely contributes to the high earnings growth number that we discussed above. Overall, we feel that Corero Network Security certainly does have some positive factors to consider. Even in spite of the low rate of return, the company has posted impressive earnings growth as a result of reinvesting heavily into its business. Having said that, the company's earnings growth is expected to slow down, as forecasted in the current analyst estimates. Are these analysts expectations based on the broad expectations for the industry, or on the company's fundamentals? Click here to be taken to our analyst's forecasts page for the company. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Forbes
01-04-2025
- Forbes
How To Prepare For The Weaponization Of GenAI In DDoS Attacks
Ashley Stephenson is the CTO of Corero Network Security, a leading provider of DDoS protection solutions. getty Late last year, an attacker known as "Matrix" orchestrated a large-scale distributed denial-of-service (DDoS) attack by exploiting vulnerabilities in Internet of Things (IoT) devices. By leveraging publicly available malware and weak device configurations, Matrix built a botnet capable of overwhelming targeted networks with a flood of traffic. What makes this case particularly alarming is that Matrix is apparently not an organized cybercriminal but a lone-wolf threat actor, a so-called "script kiddie" who utilized off-the-shelf tools to achieve widespread disruption. The Matrix incident exemplifies a growing trend in which cybercriminals, regardless of skill level, are increasingly empowered by emerging technologies like generative AI (GenAI). Tools that once required advanced technical expertise are now within reach of novice attackers, thanks in part to GenAI's ability to generate sophisticated code, optimize attack strategies and automate complex processes. This democratization of cyber capabilities is making DDoS attacks not only more accessible but also more dangerous than ever. DDoS attacks are often dismissed as simple disruptions, but they play a critical role in larger attack campaigns. Beyond overwhelming systems, these attacks can serve as a smokescreen for other malicious activities, such as reconnaissance, data exfiltration or the deployment of malware. With GenAI acting as a force multiplier, even unskilled actors can amplify the scale and sophistication of their efforts, transforming basic botnets into adaptive, resilient attack networks. As GenAI continues to evolve, the cybersecurity community faces a pressing challenge: addressing the dual-use nature of these technologies. While GenAI holds immense potential for innovation, its exploitation by bad actors underscores the urgency of developing proactive defenses that can anticipate and counter these new AI-assisted threats. DDoS attacks have long been a fixture of the cyber threat landscape, but their role is evolving. Once considered a crude, blunt-force instrument, such attacks are increasingly seen as a harbinger of more sophisticated tactics to come. Much like a canary in a coal mine, the rise of AI-enhanced DDoS attacks signals a shift toward more adaptive and complex cyber threats. Beyond the tactical use of DDoS attacks to cause downtime, they can also be used in a strategic role to gather reconnaissance on a target's network infrastructure. Observing how a target responds to a DDoS attack can reveal weaknesses in their defenses, such as under-protected endpoints or inefficient traffic management. Additionally, attackers can analyze traffic flows during an attack to map a network's response and topology, providing valuable insights for future exploitation. Despite built-in guardrails intended to prevent malicious use, GenAI tools are already proving to be a force multiplier for cybercriminals. By automating tasks that were once labor-intensive or required specialized skills, AI lowers the barrier to entry for attackers. For instance, phishing lures—especially those tailored for non-native speakers—are now more convincing than ever, helping malicious actors rapidly grow their botnet armies. Similarly, AI-powered tools can help identify misconfigured servers and vulnerable IP ranges, providing a roadmap for exploitation. Research has already demonstrated these risks in real-world scenarios. Security researchers at the University of Illinois demonstrated how large language models (LLMs) can autonomously exploit real-world vulnerabilities when provided with basic information like a CVE advisory, significantly improving the exploitation rate of "1-day" vulnerabilities. Publicly available scripts and bot-based attack strategies further accelerate the adoption of DDoS as an entry point for cybercriminals. AI's influence will not stop at reconnaissance and attack tool creation. It can also enhance the scale and efficiency of attacks by allowing attackers to orchestrate multiple attack vectors, such as volumetric and application-layer attacks, in a synchronized or reactive manner. AI can also be used to optimize the management of command-and-control (C&C) infrastructures by obfuscating communications and dynamically switching servers to evade detection. The pace of innovation driving GenAI tools is staggering. Consequently, proactive strategies will help security leaders stay one step ahead of attackers who are leveraging this powerful technology for DDoS and other sophisticated attacks. Here are three key approaches to help strengthen your defensive posture: Some reports claim the average time to remediate a vulnerability is about 270 days—an eternity in cybersecurity terms. GenAI can be a game-changer in triaging vulnerabilities by prioritizing the most critical threats and automating parts of the remediation process. Custom LLMs trained on an organization's own data, including threat intelligence feeds, can sift through massive datasets to surface potential attack signals, enabling faster and more targeted responses. Security leaders can leverage GenAI as a vehicle for asking the right questions about their security data. What are the unknown unknowns? Generative AI and machine learning tools can assist threat-hunting teams in identifying anomalies, mapping patterns of suspicious activity and uncovering vulnerabilities before attackers exploit them. Proactively adopting this adversarial mindset can help defenders uncover gaps and strengthen their posture. The dynamic nature of AI-driven attacks calls for equally flexible defenses. AI-powered tools can dynamically adjust to threats in real time, integrating anomaly detection, traffic analysis and predictive models to accelerate the mitigation of DDoS and other attacks. By using AI to simulate potential attack scenarios, organizations can build more resilient infrastructures that can adapt alongside emerging threats. As GenAI continues to mature, so too will its appeal to threat actors seeking to enhance their tactics. What we're witnessing in the DDoS space offers a glimpse into the broader trajectory of AI-enhanced cybercrime. From phishing campaigns to ransomware operations, the same technological advancements that are transforming industries can and will be weaponized in increasingly sophisticated ways. Security leaders must not only recognize the implications of this shift but also anticipate how GenAI will redefine the threat landscape across all attack vectors. The time to act is now, embracing proactive measures and leveraging AI defensively to stay ahead of this rapidly evolving adversary. Forbes Technology Council is an invitation-only community for world-class CIOs, CTOs and technology executives. Do I qualify?
