ZENEDGE in the News

Daily News Reports from MIS Asia: Ransom DDOS attacks hit Malaysian financial firms: Experts advise action plan for IT

Stephen Gates, Chief Research Intelligence Analyst at Zenedge, offers opinion on this latest DDoS attack breakout on Financial Firms in Asia:

"DDoS attacks are extremely easy to defeat, when the right defenses are "already" in place. Organizations who have prepared for the inevitable can completely ignore DDoS ransom threats from those who are looking to make a quick profit, from their threats of attack. Those who do pay the extortion demands are adding nothing more than "fuel to the fire" for the rest of us. Implementing the right defenses today is as simple as making a phone call." 

From MIS Asia-The Home of Enterprise in Asia, By Avanti Kumar:

Digital security agency CyberSecurity Malaysia has confirmed that as of Friday (7 July 2017) a DDOS attack has hit four financial firms.

Early reports suggest that the DDOS (distributed denial of service) attacks, which come close on the heels of the recent WannaCry and Petya-variant threats, focused on several online brokerages on Wednesday (5 July 2017) and then on Friday.

Dato' Dr. Haji Amirudin Abdul Wahab (pic below), chief executive officer of CyberSecurity Malaysia, said: "We are investigating, monitoring and working closely with other agencies to mitigate this threat. As of Friday, 7 July 2017, we received a total of four (4) reports on this threat."

To continue reading full article click here

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From CB Insights with Zenedge - Old School Vs. New School: How Artificial Intelligence Is Transforming Cybersecurity

27 June, 2017 - Blog - We detail how cybersecurity startups are using AI to take a new approach to counter some of the most significant cyber threats.

Cybersecurity companies saw a record number of funding deals last year and on a quarterly basis Q1’17 was the most active quarter for deals to private cybersecurity companies over the last five years. Alongside overall rising investment activity, a number of cybersecurity companies are emerging to offer up novel solutions to age-old cyber threats by leveraging artificial intelligence (AI). According to CB Insights’ AI Deals Tracker, cybersecurity is the fourth most active industry for deals to companies applying AI.

Topics: DDoS Cyber attack mitigation machine learning artificial intelligence Cryptocurrency DDoS london cyber attacks, cybersecurity, cyber mitigation robots bots chicago san francisco

Daily News Reports from Bank Info Security: The Weaponization of DDoS Arbor's Darren Anstee on How to Defend Against Powerful DDoS for Hire

The Mirai botnet is just the most high-profile example of the new weaponization of DDoS. Attacks are stronger than ever, and multilayer defenses are needed to prevent disruption and distraction, says Darren Anstee of Arbor Networks.

See Also: Moving from Vulnerability Management to Effective Vulnerability Response

In a video interview at the recent Infosecurity Europe conference in London, Anstee discusses: See VIDEO here and original article

Zenedge protects against DDoS attacks and recently published a White Paper here. Please contact our global team for more information here

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Daily News Reports from Value Walk: Half Of UK Businesses Have suffered A Cyber Security Breach Or Attack In The Last 12 Months

22 June - NEW DATA reveals 76% of UK CEO’s believe a cyber security breach to be a significant threat to business in 2017; significantly higher than global peers at just 61%. Consequently, 97% of British CEO’s are currently addressing possible cyber breaches in their organisation; far higher than the global average figure of 90%. 

Richard Home, UK cyber security partner at PwC comments: “Most business boards now recognise that cyber security is a complex risk that requires their attention. The most successful leaders will be those who define a comprehensive, broad approach to governing cyber security.”

In defence of this, 58% of businesses have sought information, advice or guidance on the cyber security threats facing their organisations. Continue reading original article here

Zenedge has expanded our London- based team and is here to help. Please contact us here for more information

Topics: DDoS Web Application Security Web Application Firewall machine learning AI london cyber attacks, cybersecurity, cyber mitigation robots bots UK NHS

2017 SC MEDIA EXCELLENCE AWARDS: Zenedge Highly Commended in Best Managed Security Service Category

Aventura FL & London UK June 19, 2017 – Zenedge, a leading provider of cloud-based, artificial intelligence (AI) driven Web Application Firewall (WAF), malicious bot detection and DDoS cybersecurity announced today that Zenedge Bot Manager was recognised by a panel representing the audience of SC Media, as the Highly Commended solution in the EXCELLENCE AWARDS: THREAT SOLUTIONS Best Managed Security Service category at the 2017 SC Media Awards Europe. The announcement was made Tuesday, 6th June at the awards presentation held at Old Billingsgate, London.

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Daily News Reports from Bizety: Latest on Internet Infrastructure - Zenedge Announces API Security Suite -

By Rachel Kempf - Last week, cybersecurity company Zenedge announced the release of Zenedge API Security, an API protection solution with full application layer protection. We had the opportunity to talk with Aftab Afzal, head of Zenedge’s EMEA Sales about their API security suite and how it stacks up against competing solutions. 

“Zenedge API Security is designed to protect the weakest link in an application’s security armor,” Afzal noted. “Traditionally, security solutions have only protected access to websites, not APIs, but we’ve been looking at the APIs themselves and trying to work with them to expand and customize protection, using our AI and machine learning technology to model behavior of what is normal vs. what is malicious and provide protection.” Read full article here

Zenedge protects thousands of companies from Cyber harm. For more information please send us a note here

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Daily News Reports from Silicon Republic: Majority of Irish firms woefully unprepared for game-changing GDPR

By John Kennedy - A whopping 66pc of Irish businesses are unaware of the obligations that will be imposed by the GDPR, which is less than a year away. 

Irish businesses are sleepwalking their way into a dangerous new world where they could be exposed to litigation from consumers over how their data is being handled. Unintended storage of CCTV footage, no privacy policies for employees to follow, and lack of awareness of new rights for consumers under the General Data Protection Regulation (GDPR) regulations are an explosive formula. Read full article here

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Daily News Reports from MASHABLE: Why you should consider a career change to cybersecurity

The FBI has seen a steady uptick in internet crime complaints since 2013, and cybersecurity is expected to be an even greater concern in 2017. 

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Daily News Reports from RealBusiness: Doing business online? Ensure you don’t get penalised for data protection breaches

By Andrea Ward is senior associate at McGuireWoods London - The UK government launched its five year National Cyber Security Strategy in November 2016, investing £1.9bn to protect UK businesses from cyber attacks and make the country the safest place to live and do business online. 

Topics: DDoS zenedge data breach waf london cyber attacks, cybersecurity, cyber mitigation bots equinix UK breach

Daily News Reports from HealthLeaders Media: Healthcare Among Industries Most Vulnerable to Cyberattack

By Alexandra Wilson Pecci - Simultaneous attacks on multiple organizations are likely in 2017, according to an AIG report."

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