US-based firm homes in on DDoS defence as the number of cyber crime attempts and attacks continue to rise on a global scale
Corero Network Security, a cybersecurity firm headquartered in the US, is set to expand the size of its Edinburgh office and double the number of engineers it employs in the city.
Corero, which specialises in real-time Distributed Denial of Service (DDoS) defence solutions, says the expansion reinforces its commitment to innovation within the DDoS mitigation market.
Vice President of Engineering Julian Palmer said: “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 for the announcement by Mr Keith Brown MSP, Cabinet Secretary for Economy, Jobs and Fair Work, who said: “I am delighted to see the expansion of Corero’s R&D facility in Edinburgh. The company is leading cybersecurity 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.”
Corero has benefitted from a Scottish Enterprise SMART: Scotland innovation grant, which has supported its specialised research into virtualisation and software-defined networking (SDN) security for DDoS defence.
Director of Innovation at Scottish Enterprise Jim Watson said: “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.”
Corero says that, 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, representing a 9% increase on the previous quarter. The firm says this is compounded by the short duration, low volume attack profile that cannot be detected and eliminated with traditional security infrastructure solutions.
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.”