Rapid growth aims to double the talent focused on product engineering
Edinburgh, UK – July 12, 2017 – Corero Network Security (LSE: CNS), the leading provider of real-time DDoS defence solutions, today announced plans to expand its Research & Development office by doubling the number of engineers in the Edinburgh, UK office location. The office expansion reinforces Corero’s commitment to innovation within the DDoS mitigation market with real-time, automated DDoS defence solutions.
Julian Palmer, Vice President of Engineering, at Corero, added: “There are clear commercial drivers to our operations in Edinburgh. Scottish universities, particularly those in the Scottish Informatics and Computer Science Alliance (SICSA), are cultivating some of the best software engineers in the world, and helping to establish Scotland as a world leader in computer science research and education. We established the Edinburgh office in 2015, and our city centre location helps to attract the brightest and best. We have 100% employee retention at our Scottish offices, and we look forward to continued growth and success in the region.”
Corero CEO Ashley Stephenson was joined by Mr Keith Brown MSP, Cabinet Secretary for Economy, Jobs and Fair Work, to formally welcome the office expansion today. The company has benefitted from a Scottish Enterprise SMART: Scotland innovation grant, which has supported Corero’s specialised research into virtualization and software-defined networking (SDN) security for DDoS defence.
Cabinet Secretary for Economy Jobs and Fair Work, Keith Brown MSP, said: “I am delighted to see the expansion of Corero’s R&D facility in Edinburgh. The company is leading cyber security innovation and will undoubtedly continue to thrive in Scotland, where it benefits from the availability of specialist skills developed in local universities. Today’s announcement is further endorsement of Scotland as an attractive location for investment.”
Director of Innovation at Scottish Enterprise, Jim Watson, commented: “Scotland’s world class universities, rich culture of innovation and integrated business innovation support are why companies like Corero, which can locate anywhere in the world, are choosing to make their innovation investment in Scotland. This expansion also shows the value of companies having strong ties to Scotland through our GlobalScot network to make connections and act on growth opportunities quickly.”
As the DDoS threat landscape continues to evolve, the security and availability of the Internet remains at risk. According to the latest DDoS Trends and Analysis Report, Corero customers experienced an average of 4.1 DDoS attack attempts per day during Q1 2017, a 9% increase on the previous quarter. This is compounded by the short duration, low volume attack profile that cannot be detected and eliminated with traditional security infrastructure solutions.
Julian Palmer added: “As organisations around the world continue to fight against the latest DDoS threats, it’s essential that they maintain a comprehensive visibility across their networks to detect and defeat all DDoS attacks as they arise. Our Edinburgh engineers are focussed on ensuring our customers have effective real-time, scalable DDoS attack mitigation capabilities that meet their current and future needs.”
About Corero Network Security
Corero Network Security is the leader in real-time, high-performance DDoS defense solutions. Service providers, hosting providers and online enterprises rely on Corero’s award winning technology to eliminate the DDoS threat to their environment through automatic attack detection and mitigation, coupled with complete network visibility, analytics and reporting. This industry leading technology provides cost effective, scalable protection capabilities against DDoS attacks in the most complex environments while enabling a more cost effective economic model than previously available. For more information, visit www.corero.com.
Corero Media Contact
Eskenzi PR (for Corero)
020 71 832 838