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Edgio to Show Off Holistic Web Application and API Protection Solutions

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Richard Yew, the Senior Director for Product Management – Security at Edgio, says ransomware attacks rise as many organizations are underprepared to deal with the threat

Tell us about the cybersecurity trends for 2023.
We continue to see an uptick in cyber attacks – which is probably no surprise to anyone, but the driving forces change over time. We saw attacks accelerate during the pandemic as life shifted even more online due to necessity, and today we find that the trend is at least partially attributed to the ongoing war in Ukraine and other major conflicts across the globe. Criminal organizations are finding nation-state buyers happy to pay handsomely to DDoS adversaries and their allies.

Additionally, the number of vulnerabilities (CVEs) discovered in the software supply chain rises every year (23.92% YoY in 2022) along with the discovery of critical zero-day vulnerabilities seems to become more frequent: Log4j, Spring4shell, to name a few. Compromising web applications to steal valuable data never goes out of style. Lastly to mention, as IoT devices proliferate, we see an increase in bad bot activity with bad guys having greater incentives than ever before to innovate, and build new evasive behaviors as the value of commerce applications continues to rise.

Even as crypto prices fell from their peak in 2021, ransomware attacks rise as many organizations are underprepared to deal with the threat, and unfortunately see no choice but to pay their captors to (hopefully) release their stranglehold on their critical systems and data.

What is the theme of your participation at GISEC 2023?
Edgio will discuss several current cybersecurity trends on the topics of DDoS attacks, the bot problem, and security supply chain concerns (CVEs, zero-day vulnerabilities). We will share some best practices to get organizations prepared to address the latest threats as well as present our approach to mitigating the latest attacks while improving performance and efficiency.

Which products and solutions will you be showcasing at GISEC 2023?
Edgio will showcase our holistic Web Application and API Protection (WAAP), which lowers risk by providing protection for web applications and APIs that is accurate, and was built by design to increase performance, and developer velocity and reduce infrastructure + operational costs.

How are you equipped to help companies overcome digital security and privacy challenges?
Edgio’s WAAP solution addresses a wide range of digital security concerns related to securing applications and the critical data behind them using a variety of innovative detection techniques as well as leveraging the benefit of our expansive global network which gives us the privilege to inspect millions of packets per second.

In addition to the innovative protections in place to guard PII stored behind applications, Edgio invested heavily in compliance measures including PCI-DSS Level 1, SOC2, and ISO27001 to meet the most stringent requirements of nearly all organizations and entities, lowering their burden when it comes to protecting their stakeholders’ privacy.

Is there a skills gap in the cybersecurity industry? What needs to be done in order to bridge that gap?
There is definitely a skills gap in the cybersecurity industry. According to the SANS Institute, there’s currently more than 3.5 million global cybersecurity talent shortage. It’s confirmed by the customers we speak with every day. This customer reality guides Edgio’s strategy, from a product and services perspective in several ways:

  1. We design products and services in ways that are highly intuitive, developer-friendly, and with automation in mind
  2. Our solutions are designed to help customers accelerate detection & response time to new threats
  3. Our detection/decision engines are carefully designed and updated to reduce false positives to cut down on alert fatigue

Edgio’s solutions are built for self-service, but our managed security services can help with day-to-day operations and our 24×7 SOC is there for you before, during, and after an attack.

Cyber Security

Cyber Security Speed Signs Partnership with ConnectWise to Expand into the Middle East

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Cyber Security Speed, a leading global provider of advanced cybersecurity solutions, has announced its strategic expansion in the Middle East region and the establishment of pivotal partnerships with key players in the Gulf. This expansion is driven by the company’s commitment to fortifying businesses against evolving cyber threats and delivering cutting-edge OT/ICS Security capabilities.

As part of its global growth strategy, Cyber Security Speed is excited to establish a strong presence in the Middle East. The region’s rapidly evolving digital landscape presents both opportunities and challenges, making it imperative for businesses to adopt robust cybersecurity measures. Cyber Security Speed’s expansion in the Middle East marks a significant step in its mission to safeguard enterprises and critical infrastructures from sophisticated cyber-attacks.

Cyber Security Speed is proud to announce a strategic partnership with ConnectWise, a renowned provider of software solutions for technology service providers. This partnership will empower businesses in the Gulf to leverage the seamless integration of Cyber Security Speed’s state-of-the-art cybersecurity suite with ConnectWise’s platform. Through this integration, technology service providers can now offer enhanced security services to their clients, delivering a holistic cybersecurity approach with proactive threat prevention and real-time incident response capabilities.

Carlos Becerra, CEO of Cyber Security Speed, remarked oan the partnership, “Our collaboration with ConnectWise reinforces our dedication to providing comprehensive cybersecurity solutions to businesses in the Gulf. Together, we can elevate the region’s cyber resilience and foster a secure digital environment for enterprises and end-users alike.”

With the increasing reliance on interconnected operational technology (OT) and industrial control systems (ICS), the vulnerability to cyber threats has amplified in critical sectors. Cyber Security Speed’s cutting-edge OT/ICS Security capabilities offer businesses advanced defence mechanisms, ensuring the continuous operation and protection of vital infrastructure against potential cyber intrusions.

Cyber Security Speed’s portfolio boasts APT Detection and Response capabilities, providing proactive identification and neutralization of advanced cyber threats. Complemented by a robust Incident Response team and a 24/7 Security Operations Center (SOC), the company ensures swift and efficient incident management, enabling businesses to promptly mitigate security breaches and prevent extensive damages.

Building on its proven track record, Cyber Security Speed has cultivated strategic partnerships with both private sector entities and government institutions in the Gulf. These partnerships aim to create synergies between industry experts and cybersecurity specialists to address the unique challenges faced by the region’s businesses.

“Our collaborations with prominent private sector organizations and esteemed government bodies in the Gulf have played a pivotal role in strengthening our presence in the region. The shared vision of a secure digital landscape unites us in our pursuit of fortifying critical infrastructures and securing businesses from cyber adversaries,” stated Carlos Becerra.

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Cyber Security

GISEC Global 2024 to Bring the Cybersecurity Industry’s Biggest Collaborative Movement

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After the monumental success of its record-breaking 11th edition in 2023, the Middle East’s largest and most impactful cybersecurity event is rallying the world’s attention on the industry’s biggest collaborative movement, as it aims to decode and demystify the biggest cyber threats amid the great global digital upheaval.

GISEC Global 2024 (www.gisec.ae) will return to the Dubai World Trade Centre from 23-25 April 2024, gathering the world’s foremost cybersecurity companies, InfoSec professionals, CISOs, cyber hygiene decision makers and government leaders to rise against the ever-evolving threat of the dark cyber-criminal underworld seeking to devastate critical infrastructure or pilfer company accounts.

The 12th edition of the annual three-day cyber super-connector will build on the unstoppable momentum from 2023, when it welcomed 500 cybersecurity brands and 14,837 attendees from 127 countries, its double-digit year-on-year growth in-line with a Middle East cybersecurity market that, according to analysts Frost & Sullivan, will grow annually by 20 per cent over the next seven years to value $31 billion by 2030.

As governments and corporates march forward with bold digital transformation agendas to improve lives and boost bottom lines, enhancing cyber resilience has risen to the top of boardroom discussions to protect the proliferation of critical data and digital assets.

GISEC Global 2024 will ‘take the attack to the attackers’, presenting the latest solutions for buyers across diverse sectors, from aviation, construction, energy, education, and finance, to government, healthcare, hospitality, retail, and telecommunications. Hundreds of top digital security and transformation companies have already confirmed their participation at the region’s leading pureplay cybersecurity event, which is organised by the Dubai World Trade Centre, and features its extensive conference programme along with the GISEC CISO Circle, unlocking the biggest conversations and strategies shaping the modern cybersecurity agenda.

World record-breaking cyber challenges and hackathons are also set to return, gathering thousands of ethical hackers and students from across the world to face off against and find solutions to, real-world threats.

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GISEC

Video: Edgio Says Automation Will Bridge the Talent Gap in the Security Industry at GISEC 2023

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In this interview, we speak with Richard Yew, Senior Director, Product Management – Security, Edgio, about his company’s participation at GISEC Global 2023:

If you liked the video, please like, share, and comment below.

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