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How Ransomware, APIs, and AI are Rewriting the Rules of Cyber Defense

Presented by

Presenter: Reuben Koh, Director, Security Technology and Strategy, APJ, Akamai; Moderator: Paolo Miranda, CISSP, Chapter Advisor, ISC2 Singapore Chapter

About this talk

The threat landscape continues to evolve at breakneck speed. In 2024 alone, Akamai observed over 311 billion web application and API attacks—a 33% year-over-year jump. Ransomware rose 37% globally, with quadruple extortion emerging as the latest tactic of choice. AI-driven threats, vulnerable APIs, and Ransomware-as-a-Service (RaaS) are on the rise, resulting in the attack landscape evolving at a very rapid pace - one where threat actors are now faster, stealthier, and more coordinated than ever. With APIs fast becoming a preferred attack vector and ransomware becoming the new normal, organizations need to start adapting their security posture to counter these modern threats that are getting increasingly sophisticated by the day. Join this session to learn about: - How AI and GenAI are being used in modern ransomware attacks - Hacktivism + RaaS: New trend of hybrid groups mixing political ideology with ransomware - Why protecting APIs should be front and center of your security strategy - Recommended mitigations to protect against these threats based on continuous visibility, enhanced resilience and AI-powered defenses.
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