Name: Enemy at the Gates: Analyzing Attacks on Financial Services
Start: 2023-01-19T05:00:00Z
End: 2023-01-19T05:00:30.000Z
Location: BrightTALK
Rating: 4.8

Leading companies worldwide choose Akamai to build, deliver, and secure their digital experiences — helping billions of people live, work, and play every day. Akamai Connected Cloud, a massively distributed edge and cloud platform, puts apps and experiences closer to users and keeps threats farther away. Learn more about Akamai’s cloud computing, security, and content delivery solutions.

In a recent study, we found that two-thirds of IT decision-makers plan to increase their distributed cloud computing adoption in the next 12 months, with more than one-third saying the benefits are mission critical to their IT strategy.

Security and reliability are cited by 33% of respondents as key drivers for this increased adoption. Of those who see increased security as a benefit of switching to distributed cloud:

71% say it provides better visibility into security issues locally.
66% say it provides granular control over data and access.
58% say it provides redundancy and failover across locations.

Hear further from Jay Jenkins, Akamai Cloud Computing CTO who shares more on the shift to distributed cloud strategy, its benefits and advantages to organizations looking to scale at low cost.

Distributed Cloud- From Running Anywhere to Running Everywhere

In rethinking their current cloud architecture, organisations see distributed cloud computing as the way to provide optimal experiences for their global customers. As a developer, you want to be able to bring your applications and workloads closer to your users, regardless of their location. So, how popular is distributed cloud computing and how are builders using and benefiting from this approach?

The third installment in a new three-part video series, Building in the Cloud: The Shift to Cloud Native, answers these questions. Episode 3: Moving to a Distributed Cloud Approach brings together third-party analyst research with real-world use cases from Akamai’s cloud engineering team.

What to expect in Episode 3:
• Find out the latest data on distributed cloud computing adoption by developers around the world
• Identify the key benefits of a distributed cloud approach including lower costs, greater flexibility, scalability, and security, and increased value to customers.

Why watch Episode 3?
• Discover the reasons why more global organisations and developers are moving to a distributed cloud approach
• Learn about real-world use cases for distributed cloud computing across industries and departments
• Explore why organisations and developers are running into limitations with their current centralized cloud infrastructure

Available soon to watch on-demand:
All three episodes of our video series Building in the Cloud: The Shift to Cloud Native
• Episode 1: The Shift to Cloud Native
• Episode 2: How to Build for Portability
• Episode 3: Moving to a Distributed Cloud Approach

Moving to a Distributed Cloud Approach

By taking advantage of portability and open-source tools, cloud-native development enables developers to make decisions on where to deploy and move their workloads to maximize performance and cost-efficiency. Portability gives you the ability to migrate your applications, workloads, data, and other resources to the cloud environment or cloud provider of your choice.

The second installment in a new three-part video series, Building in the Cloud: The Shift to Cloud Native, is about expanding your knowledge of the key technologies involved in creating portable workloads, notably Kubernetes, an open-source platform to run applications in containers. In Episode 2: How to Build for Portability, Akamai’s cloud engineering team explains how to use open-source tools and details best practices.

What to expect in Episode 2:
• Cement your understanding of Kubernetes and Knative, and the relationship between the two technologies
• Get to grips with the components of a Kubernetes cluster, such as the ingress controller, object storage, event streaming, and observability and monitoring

Why watch Episode 2?
• Discover more about the Knative Serving and Knative Eventing components, and the use of brokers and triggers
• Learn about best practices and which open-source tools to use when building out your portable infrastructure
• Gain the knowledge and confidence to deploy your first Kubernetes cluster

Coming next:
• Building in the Cloud: The Shift to Cloud Native, Episode 3: Moving to a Distributed Cloud Approach

Episode 2:  How to Build for Portability

The concept of Zero Trust has revolutionized cybersecurity by challenging the traditional perimeter-based security model. However, its implementation, particularly regarding network segmentation, has often presented challenges due to its complexity and potential disruption to existing workflows. 

This webinar proposes an innovative approach leveraging microsegmentation to overcome these hurdles and deliver a seamless Zero Trust implementation using Akamai Guardicore Segmentation solution. 

-Divide networks into manageable segments without disrupting workflows.
-Achieve granular control based on user identity and application behaviour.
-Provide unparalleled visibility and threat response.
-Improve overall security posture with enhanced network security control.

Zero Trust Network Segmentation simplified with Microsegmentation

Developers have to create applications quickly and cost-efficiently to always keep ahead of shifting customer and industry demands. By adopting a cloud-native approach to development, you can build applications that take full advantage of the agility, elasticity, scalability, and flexibility of cloud computing.

To begin, you need to become comfortable with the underlying concepts of cloud-native development. This is the focus of Episode 1: The Shift to Cloud Native, the first installment in a new three-part video series, Building in the Cloud: The Shift to Cloud Native.

What to expect in Episode 1:
• Clear definitions of the key terms used in cloud-native application and workload development
• The importance of having the freedom to choose the right cloud for the right workload

Why watch Episode 1?
• Learn about the benefits of taking a cloud-native approach to application and workload development
• Recognize the limitations of platform-centric thinking and the potential dangers around vendor lock-in
• Understand the concept of cloud waste and how it can be minimized by moving to cloud native

Coming next:
• Building in the Cloud: The Shift to Cloud Native, Episode 2: How to Build for Portability

Episode 1:  The Shift to Cloud Native

Think your site isn't vulnerable to web scraping attacks? Think again. Malicious actors are eager to compromise your webpage scripts to gain access to customer credentials or credit card information. According to Akamai research, 50% of commerce customers use 3rd party scripts, which can be vulnerable to Magecart style attacks. In this session, we'll discuss the latest PCI DSS 4.0 requirements for script protection so brands can better identify, monitor and manage suspicious and malicious script behavior.

Commerce Chats: Make a Fast Break Toward PCI Script Compliance

A recent Forrester Consulting study commissioned by Akamai shows that cloud costs, complexity, and regional challenges are still top of mind for media and entertainment leaders. Other concerns include:

• 67% said their organization’s legacy systems are holding them back
• 48% cited concerns with geographical challenges, such as data sovereignty and localization
• 48% said the volume of their online processing needs limit their flexibility
Watch the webinar to learn more about the study. The webinar will feature Akamai Cloud CTO, Jay Jenkins and Zeck Lim, Regional Sales Director from Hydrolix

How media companies are adapting to distributed cloud computing

As ransomware increasingly becomes a global cybersecurity scourge, affecting both public and private sectors, the urgency for effective defense strategies escalates. Identifying an active ransomware attack is essential, but it's only the beginning. The pivotal question we address is: How can you take the teeth out of a ransomware attack before it causes real damage to your organization?

This webinar unveils the power of Akamai Guardicore Segmentation that empowers security practitioners to prevent, respond to, and recover from an active ransomware attack. Under the guidance of our esteemed Solutions Expert, Milton Keath, you will discover how to swiftly and effectively reinforce your cyber defenses. 

We will explore practical, easy-to-implement strategies that enable you to:
- Drastically reduce your organization’s attack surface with just a few intuitive clicks, setting up a robust defense against potential ransomware attacks.
- Respond adeptly to ransomware incidents as they arise in your IT environment, ensuring minimal disruption and maximal security.
- Efficiently recover and restore your systems post-attack, implementing measures to prevent future reinfection.

Ransomware Mitigation in a Couple of Clicks

Join us for a critical exploration into the dynamic world of API security threats, a key concern for the commerce industry in the APAC region.

Delve deep into the tactics of cybercriminals exploiting API vulnerabilities, showcasing the distinct challenges businesses face in this region. This session will arm you with critical insights into: 

Real-World APAC Challenges: Understand the specific API security issues plaguing the APAC commerce industry, backed by regional case studies.

Cutting-Edge Defense Strategies: Learn about the latest protective measures and technologies to secure your APIs against sophisticated attacks.

Proactive Security Posture: Discover how to build a forward-thinking security framework that anticipates future threats, ensuring your business remains resilient and secure

Fortifying Commerce in APAC: Conquering API Security Challenges

The surge in ransomware attacks poses a growing threat to both individuals and businesses. Like most malware, ransomware relies on lateral movement within the network to succeed. Many solutions that claim to protect against ransomware focus their efforts on the perimeter, which is fine until a breach inevitably occurs. Without a proper segmentation solution in place, the scope of the breach can be tremendous.  

Akamai helps businesses remediate and protect against the effects of ransomware by visualizing all assets that are communicating in your environment, quickly implementing policy to limit communications with the infected assets, and securing ransomware recovery efforts.

Learn how you can cut the ransomware kill chain with Akamai Guardicore Segmentation.

Ransomware Protection – Key Actions to Take When Under Attack

Join us for a dynamic webinar focused on strengthening cyber resiliency in the modern digital landscape. 

As cyber threats grow in complexity and frequency, organizations must adapt their defenses to withstand potential attacks. Unlike conventional security measures, which often focus solely on prevention, cyber resiliency emphasizes the ability to anticipate, adapt, and evolve faster from cyber incidents effectively.

In this webinar, discover how Akamai offers innovative solutions to enhance cyber resiliency 

- Understand challenges in the evolving cyber risk and regulatory landscape
- Establish resilience with a holistic security approach covering API security, DDoS, and ransomware mitigation

Cyber Resiliency — Adapt and Evolve Faster Than Threats

APIs are the primary mechanism for driving innovation and growth across the healthcare ecosystem. They facilitate the sharing of patient data while supporting appointment reservation platforms, access to lab test results, and patient-doctor communications. 

APIs are essential for regulatory requirements that give patients access to their own records. But with every opportunity comes challenges, and the volume and complexity of data that’s accessible and by whom, can have immense clinical and financial repercussions if the evolving threat landscape is not managed with appropriate security controls.

Join Akamai leaders Giora Engel, VP of API Security, Steve Winterfeld, Advisory CISO and Carley Thornell, Healthcare & Life Sciences Industry Marketing Manager to discuss prioritizing API discovery, use cases, detecting abnormal access and abuse patterns, and how to keep patients – and their data – safe.

Knowing is half the battle: API discovery's role in healthcare cybersecurity

In an era where data breaches and cyber threats loom large, safeguarding sensitive information within APIs stands as a paramount concern for organizations. Join us as Menachem Perlman, our Director of Solutions Engineering discusses the pivotal significance of secure data storage within API frameworks.

Join us in the first episode of our new monthly series on API Security, Join us to gain actionable insights and practical strategies for enhancing your API security posture through robust and secure data storage practices.

Don't miss this opportunity to fortify your organization's defenses and ensure the integrity of your API-driven operations. Register now for the series.

Ep. 1 - The Importance of Storing Data in Your API Security Strategy

In today’s digital economy, most organizations across Asia Pacific are already entrenched in the hybrid multi-cloud approach to business technology for competitive advantage.

Along with this trend comes challenges arising from the complexity and cost of an ever-evolving cloud infrastructure – and the need to manage endpoint devices, apps and data sprawled across an extensive boundary.

How should organizations in Asia Pacific optimize cloud performance, cost, connectivity, security and visibility in the connected world of apps and data today?

DigiconAsia and Akamai recently put together an e-guide to address these concerns. We invite you to join us in a webinar where Victor Ng, Editor-in-Chief, DigiconAsia, will discuss some of the most salient points raised in the e-guide with Matt Lynn, Senior Director, Akamai Cloud Computing Services and Jay Jenkins, CTO, Akamai Cloud Computing Services.

Overcoming Cost and Complexity Challenges in the Cloud-First Era

Organizations face a major decision about their cloud computing strategy. Should you continue with your current cloud architecture and tools, even if it is not meeting customers’ needs? Or should you adopt a different approach, which is more open and distributed, swapping out a platform-centric approach for one that is cloud native?

In our webinar, three cloud computing experts discuss these topics and others relating to the pros and cons of different cloud computing models.

What to expect:
• Gain valuable insights from the observations on current and future cloud and edge computing trends.
• Learn about where each panelist is on their cloud journey, where they plan to head next in 2024, and why.

Why attend?
• Hear about the benefits of a distributed cloud computing model.
• Discover more about the current and future uses of edge computing.
• Find out about the differences between a platform-centric versus a cloud-native approach.

Join us for a lively and engaging discussion.

Speakers:
• Dolo Miah, CTO, Linebreak
• Mike Kasprzak, Co-Founder, Ludum Dare
• Jay Jenkins, CTO, Cloud Computing, Akamai
• China Martens, Cloud Marketing, Akamai (Host/Moderator)

State of Cloud: 2024

A recent Forrester Consulting study commissioned by Akamai shows that cloud costs, complexity, and regional challenges are still top of mind for media and entertainment leaders. Other concerns include:

• 67% said their organization’s legacy systems are holding them back
• 48% cited concerns with geographical challenges, such as data sovereignty and localization
• 48% said the volume of their online processing needs limit their flexibility

Sign up today for a live webinar on Feb 22 to learn more about the study. The webinar will feature Akamai Cloud CTO, Jay Jenkins and Zeck Lim, Regional Sales Director from Hydrolix

Are you spending a third of your cloud infrastructure budget on observability? Do you have to discard certain data to keep costs down?  Bid farewell to painful tradeoffs.  

Introducing TrafficPeak on Akamai Connected Cloud. A managed observability service powered by Hydrolix software.

With TrafficPeak, you can

•       Ingest and retain all your data, no matter the size, for years
•       Enjoy significant cost savings compared to other observability providers.
•       Optimize your budget while maintaining robust data capabilities.
•       Attain complete visibility into the performance and security of your applications   
        and infrastructure.
•       Proactively address potential issues to prevent them from evolving into business                                                                       
        disruptions.

How Observability Can Proactively Safeguard Your Customer Experience

The debate of prevention vs. response is a tired one in cybersecurity. Both sides have valid (if cliché) points. Yes … an ounce of prevention is worth a pound of cure. And yes… breaches are inevitable, so we must be capable of a timely response. In the rapidly changing digital landscape, organizations are constantly seeking tools that can seamlessly bridge this gap. 

Enter microsegmentation — a transformative approach.

Its innate ability to ward off threats, coupled with the agility to swiftly manage and mitigate breaches, makes it an invaluable asset in any cybersecurity toolkit. As threats grow in complexity and scale, understanding and leveraging the multifaceted capabilities of microsegmentation becomes not just advantageous, but essential.

During our data breach webinar, you will: 

- Discover microsegmentation’s dual role: deterring breaches and enabling rapid countermeasures
- See how this tool minimizes attack fallout, strengthening your defense posture
- Leverage advanced techniques and tactics to minimize MTTR during cyber events
- Grasp the essence of containment, allowing teams to swiftly neutralize threats while ensuring operational continuity

Reducing the Likelihood, Impact and MTTR of Ransomware with One Tool

The financial services industry continues to be one of the most widely attacked industries in the world. Akamai Security Research observed 3.5x growth in web app and API attacks against financial services in the last year. They also noted the alarming speed at which attackers are leveraging zero-day vulnerabilities to target financial services organizations and the increased complexity of these assaults.

What’s behind this escalation in attacks?

Join us in this webinar where you will learn:
• Attack vectors commonly used against financial services
• Factors that led to the surge in web app and API attacks
• Risk exposures of financial services

You can also read about these threats in our latest State of the Internet (SOTI) report, Enemy at the Gates: Analyzing Attacks on Financial Services.

Enemy at the Gates: Analyzing Attacks on Financial Services

Financial Security

Financial institutions

Cyber Attacks

Cyber Security

Cloud Security

Threat Detection

Application Security

Financial Services

Ransomware

Phishing

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Enemy at the Gates: Analyzing Attacks on Financial Services

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