We would love to hear your thoughts about our site and services, please take our survey here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksCorero Network Regulatory News (CNS)

Share Price Information for Corero Network (CNS)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 12.00
Bid: 11.50
Ask: 12.50
Change: -0.25 (-2.04%)
Spread: 1.00 (8.696%)
Open: 12.25
High: 12.25
Low: 12.00
Prev. Close: 12.25
CNS Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Annual DDoS Threat Intelligence Report

17 May 2023 07:00

RNS Number : 6348Z
Corero Network Security PLC
17 May 2023
 

 

17 May 2023

Corero Network Security plc

("Corero", or "the Company")

 

Publication of Annual DDoS Threat Intelligence Report

 

Corero's 2023 Report Demonstrates Significant Rise in Carpet Bomb DDoS Attacks

 

75%

DDOS ATTACKS

LAST LESS THAN 10

MINUTES

25%

INCREASE IN HIGH PACKET RATE DDOS ATTACKS

300%

INCREASE IN CARPET BOMB DDOS ATTACKS

60%

INCREASE IN DDOS ATTACKS LASTING OVER 60 MINUTES

27%

LIKELIHOOD OF A REPEAT ATTACK IN SAME WEEK

98%

DDOS ATTACKS LESS THAN 10 GBPS

Corero Network Security plc (AIM: CNS), a leading provider of Distributed Denial of Service ("DDoS") protection solutions, has published its annual DDoS Threat Intelligence Report, which reveals a 300% increase year-on-year in carpet bomb1 DDoS attacks.

The report, based on data from Corero customers worldwide, examines attack vectors, sizes, and attacker tools and techniques. Corero's study emphasises the need for proactive DDoS protection due to the evolving threat landscape, with DDoS threats continuing to grow in both volume and sophistication.

Key report findings:

· 300% increase in carpet bomb attacks in 2022 compared to 2021. Legacy detection techniques often fail to accurately identify these attacks, leading to incomplete mitigation or false positives.

· Over seven times as many Mirai-like DDoS attacks in 2022 than in 2021. These botnet attacks are difficult to mitigate and can cause significant damage to businesses.

· DDoS attacks targeting Domain Name System ("DNS") services doubled from 2020 to 2022. This attack vector has grown in popularity as an easy way for attackers to disrupt communications to and from websites, internet-connected devices, and applications.

 

Download the full 2023 DDOS Threat Intelligence Report at https://corero.com/threat.

 

Ashley Stephenson, Chief Technology Officer of Corero, commented:

"We're witnessing significant changes in the global DDoS attack landscape, with increased attack volume, frequency, and variation. The exponential rise of carpet bomb attacks presents a triple threat as they evade, neutralise, or overload traditional DDoS protections."

1 Carpet bomb attacks, also known as spread-spectrum or spray attacks, distribute traffic across large IP address spaces, challenging standard victim-oriented detection and mitigation techniques.

 

Enquiries:

 

Corero Network Security plc

Tel: +44(0) 20 7390 0230

Phil Richards, Chief Financial Officer

Canaccord Genuity Limited 

(Nominated Adviser and Broker)

Simon Bridges / Andrew Potts / Harry Rees

Tel: +44(0) 20 7523 8000

 

Vigo Consulting

Tel: +44(0) 20 7390 0230

Jeremy Garcia / Kendall Hill

corero@vigoconsulting.com

 

About Corero Network Security

Corero Network Security is a leading provider of Distributed Denial of Service (DDoS) protection solutions. We are specialists in automatic detection and mitigation solutions, that include network visibility, analytics, and reporting tools. Corero's technology provides scalable protection capabilities against both external DDoS attackers and internal DDoS threats, in even the most complex edge and subscriber environments, ensuring internet service availability and uptime. Corero's key operational centers are in Marlborough, Massachusetts, USA, and Edinburgh, UK, with the Company's headquarters in London, UK. The Company is listed on the London Stock Exchange's AIM market under the ticker CNS. For more information, visit www.corero.com .

 

About Reach announcements

Reach is an investor communication service aimed at assisting listed and unlisted (including AIM quoted) companies to distribute media only / non-regulatory news releases such as marketing messages, corporate and product information into the public domain. An RNS Regulatory announcement is required to be notified under the AIM Rules for Companies.

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
NRADZGMKVVLGFZM
Date   Source Headline
25th Apr 20247:00 amRNSStrong Start to 2024 Securing Orders of >$8million
18th Apr 20247:05 amRNSCorero launches DDoS cloud-backup service
17th Apr 20247:00 amRNSDirectorate Change
11th Apr 20247:00 amRNS$1.8m Contract Win & Incumbent Replacement
3rd Apr 20247:00 amRNSSignificant $2m+ Contract Renewal and Expansion
27th Mar 20247:00 amRNSFinal Results
21st Mar 20247:07 amRNSLaunch of Corero DDoS Intelligence Service
11th Mar 20247:00 amRNSNotice of Results & Investor Presentation
7th Mar 20249:24 amRNSExpansion of Strategic Partnership with Ingecom
29th Feb 202412:00 pmRNSCorero Commences Trading on the US OTCQB Market
21st Feb 20247:00 amRNSCreation of Strategic Latin American Partnership
15th Feb 202410:15 amRNSExercise of Options, PDMR Dealing and TVR
17th Jan 20247:00 amRNSYear End Trading Update
16th Nov 20239:29 amRNSBlocklisting Return
15th Nov 20237:00 amRNSDirector Subscription, Grant of Options and TVR
13th Nov 20237:00 amRNSDirectorate Change
17th Oct 20237:00 amRNSSignificant New DDoS Protection Contract
2nd Oct 20237:00 amRNSSignificant Customer Momentum
21st Sep 20237:01 amRNSDirectorate Change
21st Sep 20237:00 amRNSInterim Results
20th Sep 202311:00 amRNSSignificant Strategic Global Partnership
5th Sep 20237:00 amRNSNotice of Results & Investor Presentation
13th Jul 20237:00 amRNSHalf Year Trading Update
4th Jul 20237:00 amRNSSignificant Q2 2023 Customer Wins
20th Jun 20235:11 pmRNSResult of AGM
30th May 20237:00 amRNSExercise of Options and Total Voting Rights
17th May 20237:00 amRNSAnnual DDoS Threat Intelligence Report
15th May 20237:00 amRNSBlocklisting Return
9th May 20234:18 pmRNSAnnual Report and Accounts Posting & Notice of AGM
26th Apr 20236:25 pmRNSDirector shareholding
25th Apr 20237:00 amRNSFinal Results
13th Apr 20237:00 amRNSSignificant Q1 2023 Customer Wins
30th Mar 20237:00 amRNSNotice of Results & Investor Presentation
29th Mar 20235:35 pmRNSHolding(s) in Company
15th Feb 20237:00 amRNSDirectorate Change
3rd Feb 20239:31 amRNSHolding(s) in Company
3rd Feb 20239:30 amRNSHolding(s) in Company
17th Jan 20237:00 amRNSTrading Update
16th Dec 20227:00 amRNSHolding(s) in Company
7th Dec 20229:05 amRNSExercise of Options and Total Voting Rights
5th Dec 20223:09 pmRNSHolding(s) in Company
14th Nov 20227:00 amRNSBlocklisting Return
28th Oct 20227:00 amRNSDirectorate Change
26th Oct 20222:21 pmRNSExercise of Options and Total Voting Rights
26th Oct 20222:20 pmRNSExercise of Options and Total Voting Rights
25th Oct 20225:45 pmRNSExercise of Options and Total Voting Rights
25th Oct 20227:00 amRNSTrading Update
21st Oct 20227:00 amRNSExpansion of DDoS Integration - PTX Series Routers
10th Oct 20222:15 pmRNSExercise of Options and Total Voting Rights
20th Sep 20226:04 pmRNSHolding(s) in Company

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.