Corero Network Security — Corero Network Security – executive interview

In this interview, Dan Ridsdale speaks to Chris Goulden, CFO of Corero Network Security. Chris discusses how the company delivered robust FY24 results while implementing a significant strategic transformation. He highlights Corero’s shift to a software-led model, strong customer retention and the launch of its new CORE platform to expand its addressable market. Chris mentions the importance of strategic partnerships, including renewed momentum with Juniper Networks, and outlines the growth plans focused on geographic expansion and targeting competitor renewals. Lastly, he discusses how a rapidly evolving distributed denial-of-service (DDoS) threat landscape, with some attack types growing by 400% y-o-y, is expected to drive growth in the market for DDoS protection from c $4bn in 2023 to $9bn by 2030.

Corero Network Security (AIM:CNS, OTCQX:DDSOF) is a leading provider of real-time, adaptive distributed denial-of-service attack detection and mitigation solutions, protecting organisations against external and internal threats and ensuring an ability to continually operate web-based services.