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Allot partners with European mobile service partner to protect mobile users from malware and phishing

European consumers will pay a premium for the security service to be shared between the operator and Allot

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Allot is a security and smart network intelligence solutions company

Allot Ltd (NASDAQ:ALLT) ((TASE:ALLT) announced Thursday that a Tier 1 European mobile service provider, has selected Allot's NetworkSecure solution to protect the company's mobile users against growing threats, including malware, phishing, ransomware, and crypto-mining.

The security as a service will be offered to approximately 2.5 million subscribers. Revenues from consumers that choose to sign up for the security solution will be shared between the two companies.

Allot NetworkSecure is the world’s largest deployed network-based security service for the mass market with over 21 million paying security customers.

READ: Allot powers Telefónica’s pioneering cybersecurity service for consumers

The company said the network-based solution enables the Tier 1 European mobile service provider to offer its customers security against rising cybersecurity threats. It also allows parents to apply controls to their children's mobile devices without the need to download and install anything on their devices.

"Allot's NetworkSecure provides a seamless user experience and is easily integrated into the service provider network," said Hagay Katz, vice president of strategic accounts, in Cyber Security at Allot. "Our goal is to not only offer the Tier 1 European mobile service provider's customers the much-needed security, but also support their business goals by increasing penetration by up to 50% in certain markets through our engagement tools and marketing expertise."

Contact Uttara Choudhury at [email protected]

Follow her on Twitter@UttaraProactive 

 

Quick facts: Allot Ltd

Price: 8.7 USD

NASDAQ:ALLT
Market: NASDAQ
Market Cap: $298.86 m
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