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Thing decent soon this will slide to five p I'll. Do a big average down then.
Skid, there's too many Ddos companies out there now, and they are probably cheaper than Corero Underwater but tbh the placees at 22p must be passed off
Will be interesting to see whether these are SaaS/Subscription or outright sale -and then how the market assesses these with their differnet P&l impact over time?
They can still close the big deals
Corero is charging, only need a couple of big contacts to turn this around
Tonight
think everyone understands the opportunity - I have friend working in a top five retailer managing their site who said DDOS was the biggest problem he faced on a daily (hourly) basis. They really need a couple of big sales in the US to scale their P&L and bottom line, otherwise I believe this should be acquired by a security company with a wide portfolio but missing a ddos offering.
rable devices. Corero predicts that the Mirai botnet will also become more complex in 2017, as hackers evolve and adapt the original package, equipping it with new methods of launching DDoS attacks. Mirai is currently believed to contain around ten different DDoS attack techniques – or vectors – which can be utilized by hackers to leverage an attack. Corero believes this will increase during 2017 as attackers develop new methods, and then make them open source and available for anyone to leverage. “While the Mirai botnet is certainly fearsome in terms of its size, its capacity to wreak havoc is also dictated by the various attack vectors it employs. If a variety of new and complex techniques were added to its arsenal next year, we may see a substantial escalation in the already dangerous DDoS landscape, with the potential for frequent, Terabit-scale DDoS events which significantly disrupt our Internet availability,” said Dave Larson, CTO and COO at Corero Network Security.
false dawn
Underwater now, come on Corero announce a big contract
Suprised this doesnt get acquired
Share price going down - keep buying its cheap :)
I'm going to, no need to dare me lol
Wasn't a try at all.............. how about this for a real attempt based on facts!! The company served up pretty atrocious half calendar year results and a profits warning on 13 September. At 30 June cash was $8.693 million but net current assets were just $6.299 million and there were non current liabilities of $1.179 million. The first half underlying cashburn ( that is to say operating losses plus capitalised costs but ignoring working capital movements) was $4.2 million and there was a very stark second half profits warning. So by the year end net current assets will be well under $1 million. Buy more shares if you are confident - I dare you!
Nice try to deramp not.
company still burning cash at high rate
After that big holdings rns
Today Corero is bringing to the market an affordable solution that scales to the IoT age - one Terabit of wire speed, real-time DDoS mitigation can be achieved with the SmartWall® Threat Defense system for $1 Million USD. Alternatively, this award winning technology is available as a managed service with one Terabit of managed DDoS mitigation capacity via the Corero SecureWatch® service for $40K USD per month. This is compared to alternative mitigation solutions that cost upwards of $5 Million dollars and beyond. Ashley Stephenson, CEO at Corero Network Security, explains, “Terabit sized DDoS attacks, originating from compromised IoT devices such as the Mirai botnet, are proving to be an immensely disruptive force. Providers must have access to economically viable DDoS mitigation solutions that can scale to address this new threat.”
he 400,000 users of Eir's webmail service are experiencing intermittent access to their accounts due to a Distributed Denial-of-Service (DDoS) attack on the company. A spokesman confirmed that the problem has been coming and going since Wednesday when higher than normal levels of traffic were targeted at the company's servers.
When he "retired" at age 40, Koch had made enough money to be able to fund the start or expansion of several new ventures. These included Filofax, Belgo, Plymouth Gin, Capstone, Betfair, FanDuel, and Auto1 . These have returned between 5 and 53 times his original equity stakes. After LEK, Richard was not part of the management teams of these ventures, but was active in providing not only cash but also counsel on strategy. Richard is fascinated by what makes new ventures successful. He set out his views in The Star Principle: How It Can Make You Ric