Allot Ltd. (NASDAQ: ALLT) (TASE: ALLT), a leading global provider of innovative network intelligence and security-as-a-service solutions for communication service providers and enterprises, announced today that Altice Portugal’s MEO, the country’s largest fixed broadband and mobile service provider, has chosen Allot Secure, a unified Security-as-a-Service (SECaaS) solution to protect the company’s mobile users against a broad range of cyber threats and to provide parental control both on and off-network. The Allot Secure solution is a first-of-its-kind multi-layered platform that integrates network-based and endpoint security. The Allot Secure solution to be implemented by MEO includes the Allot NetworkSecure mass-market network security platform, coupled with endpoint security provided by Allot EndpointSecure.
The combined solution enables rapid mass-market user onboarding for cybersecurity that will protect MEO users anytime and on any network. Subscribers to the Allot cybersecurity solution will pay a monthly fee which is shared between Altice MEO and Allot.
Enabled by the unified Allot Secure solution, Altice MEO will offer its customers a security service to protect them against emerging cybersecurity threats, including malware, phishing, ransomware and crypto-mining. Traditional security add-on solutions offered by operators never gained much traction because they rely on customers to install the protection themselves. Allot unified network-based and endpoint cybersecurity delivers effortless, device-independent end-user security, making it easy for operators like Altice MEO to deliver these security services directly to customers. Allot reports that other telecom customers have achieved double-digit penetration rates with Allot Secure.
NetworkSecure, part of the Allot Secure solution suite, is the market leader in the growing network-based, mass-market cybersecurity category, protecting more than 23M subscribers globally. Coupled with Allot consumer marketing services, the NetworkSecure solution has been proven to achieve penetration rates up to 50%.
“Our millions of mobile users are in need of a proven and hassle-free security solution,” said Tiago Silva Lopes, Director Consumer Products at Altice Portugal/MEO. “With this in mind, we selected Allot to offer a mobile service that cannot be bypassed and removes the burden from our customers by protecting them wherever they are. This solution also enables parents to be worry-free about how their children are using their devices.”
“Altice MEO required a mature, unified solution that combined network and endpoint cybersecurity for their customers,” said Hagay Katz, VP Strategic Accounts, Cyber Security at Allot. “Our unified Allot Secure solution is a perfect fit. With our revenue sharing partnership, MEO can maximize their ARPU while strengthening their brand and increasing loyalty.”