Thailand next up for US internet security firm

Posted: August 9, 2012 in Network Security

Corero Network Security plans to make inroads into the Thai market next year to capitalise on increased information security spending.

The US-based online security firm wants to tap the local telecommunications sector, government agencies and educational institutions.

“We’re looking to set up a local office here in 2013,” said Eryin Halmen, Corero’s newly appointed manager for Southeast Asia.

Mr Halmen calls Thailand a key strategic country in Southeast Asia and one of its highest information-technology (IT) spenders.

“Having a local operating unit will help us serve more local needs,” he said.

Corero pioneered products to counter distributed denial of service (DDoS) attacks.

DDoS occurs when a multitude of compromised systems attack a single target, thereby causing denial of service to users of the targeted system.

The firm is introducing its First Line product to stop DDoS attacks, protect IT infrastructure and eliminate system downtime.

Mr Halmen said the number of application-layer attacks is on the rise.

Unlike conventional network-layer DDoS attacks, application attacks fall below the bandwidth-consumption radar and are harder to identify and stop.

Research by Infonetics shows the market for DDoS protection is growing rapidly and will be valued at US$450 million by 2015.

Forrester Research has named DDoS protection a top-five security technology opportunity in the next three years.

In the past, firewall and intrusion prevention systems were the anchor of protection for large organisations.

But these technologies were not purpose-built to withstand the new attacks and are falling short, leaving firms vulnerable.

Mr Halmen said Corero has appointed two main distributors _ Information Security Consultant and BlueZebra.

Source : bangkokpost.com/ Business > Economics

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