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Content delivery and cloud computing vendor Akamai Technologies has launched an updated managed security service program and new service offerings. ....
/PRNewswire/ Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, today introduced an updated managed security. ....
namussi/Getty This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Ransomware gangs that lock up companies data demanding payment may cost firms $20 billion this year. Companies are using cyber insurance to help pay ransoms because cybersecurity has no easy answers. Gangs, many located in Russia, and using their loot to invest in AI and other tools to be more effective. The world is getting better at paying off ransomware gangs. Ransomware gangs are getting better at everything else. A vicious cycle is fueling ransomware, one of the world s worst cybercrimes, in which criminals seize control of companies computer networks, encrypting their data with secret codes. Companies paralyzed by the attacks paid hackers an average of $312,493 in 2020 – triple the average of the year b ....
DDoS Attacks Spiked, Became More Complex in 2020 Global pandemic and the easy availability of for-hire services and inexpensive tool sets gave adversaries more opportunities to attack. The large-scale shift to remote work and the increased reliance on online services as the result of the global pandemic this year gave threat actors new opportunities to use distributed denial-of-service (DDoS) attacks to harass and extort organizations. Providers of DDoS mitigation services reported an overall increase in attack volumes, attack sophistication, and attack complexity in 2020 compared with prior years. Adversaries went after more organizations in more industries than ever before, and the motives for launching attacks became as varied as the attacks themselves. ....