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Beskrivning
Land | Sverige |
---|---|
Lista | First North Stockholm |
Sektor | Informationsteknik |
Industri | Infrastruktur |
Örnsköldsvik, Sweden - 27 September 2024 - Clavister, a leader in European cybersecurity for mission-critical applications, announced today that it has been awarded a contract to deliver 5G cybersecurity to a Nordic mobile operator as part of a managed firewall service contract with Nokia.
The contract has an initial value for Clavister at approximately 2 MSEK and includes software licenses, turn-key hardware appliances and professional services. According to the volume-based business model of Clavister’s telecom security solution, the value of the deal is designed to scale in line with the operator’s growth of mobile data.
The mobile operator recently selected Nokia to provide mobile core network and managed services. As part of the assignment, a new 5G mobile network is being deployed as one of the first commercial 5G standalone (5G SA) networks in the Nordics.
Modern 5G networks are software-defined by design, making them more vulnerable to cyber threats. To mitigate these threats, Nokia decided to deploy Clavister’s Mobile Core Security solution in the new 5G network. The solution is designed to protect the mobile core network from cyber-attacks and to segment the network to reduce the impact of a potential attack. One of the key features of the solution is the highly elastic and scalable business model, where the cost of deployment scales with the operator's customer growth. Another important feature is the support for multiple mobile core-specific use cases, which allows the operator to secure several parts of the 5G network using a single solution.
“We are proud to be selected as cybersecurity provider to a new 5G standalone network, especially as the network is built in our home market, the Nordics,” comments John Vestberg, CEO of Clavister and concludes: “The deployment of new 5G SA networks in Europe has progressed at a slow pace for some time now. In that light, it is satisfying to see this mobile operator pushing ahead and investing in 5G”.
About Clavister
Clavister is a specialised Swedish cybersecurity company, protecting customers with mission-critical applications for more than two decades. Founded and headquartered in Örnsköldsvik, Sweden, Clavister pioneered one of the first firewalls and continues to build robust and adaptive cybersecurity solutions since. Empowering a growing ecosystem of partners and resellers, we are serving customers in more than 100 countries with deployments across the public sector, energy, telecom and defence sectors.
The stock, Clavister Holding AB, is listed at Nasdaq First North Growth Market. FNCA Sweden AB is the Company’s Certified Advisor.
For additional information, please visit https://www.clavister.com/, and follow us on our official LinkedIn and YouTube channels.
Contact Information
For further information, please contact:
John Vestberg, President and CEO
Email: john.vestberg@clavister.com