May 17, 2020

Apple, Cisco, Allianz, Aon now offering cybersecurity insurance

Apple
Cisco
Allian
Aon
Jonathan Dyble
2 min
Data centre
Leading US technology firms Apple and Cisco have teamed up with Allianz and Aon to now offer cybersecurity insurance policies to companies, protecting t...

Leading US technology firms Apple and Cisco have teamed up with Allianz and Aon to now offer cybersecurity insurance policies to companies, protecting them financially against cyber attacks.

The collaboration takes cyber resilience evaluation services from Aon, secure technology from Cisco and Apple, and insurance coverage from Allianz. 

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Cybersecurity is becoming a key concern for businesses, with the number and cost of attacks having increased substantially throughout 2017. 

According to a report from Sophos, the average cost of ransomware attacks on mid-sized businesses stood at $133,000 in 2017, with 54% of businesses having been hit by attacks last year.

“Ransomware is an evolving risk that impacts every level of an enterprise," said Jason Hogg, CEO, Aon Cyber Solutions. "Organizations urgently need to be managing these risks from both the technical and the financial perspective."

With this in mind, Apple, Cisco, Allianz and Aon are now offering a new alternative in order to effectively deal with the harsh consequences of cyber attacks.

“Proactive analysis coupled with the latest technology creates an ideal defense against today’s ever-changing ransomware and malware attacks,” said Bill Scaldaferri, President and CEO, AGCS North America. 

“This strategic alliance with Aon, Apple and Cisco allows us to provide a unique solution to companies using this integrated platform to manage risk and ultimately strengthen their battle against high-profile threats.”

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Jun 8, 2021

Fastly's CDN Reportedly to Blame for Global Internet Outage

Technology
Fastly
servers
websites
Tilly Kenyon & Oliver James Fr...
3 min
Multiple outages have hit social media, government, and news websites across the globe

A huge outage has brought down a number of major websites around the world. Among those affected are gov.uk, Hulu, PayPal, Vimeo, and news outlets such as CNN, The Guardian, The New York Times, BBC, and Financial Times.

It is thought a glitch at Fastly ─ a popular CDN provider ─ is causing the worldwide issue. Fastly has confirmed it’s facing an outage on its status website but fails to specify a reason for the fault ─ only that the problem isn’t limited to a single data centre and, instead, is a “global CDN disruption” that is potentially affecting the company’s global network.

“We’re currently investigating potential impact to performance with our CDN services,” the firm said.

What is Fastly?

Fastly is a content delivery network (CDN) company that helps users view digital content more quickly. The company also provides security, video delivery, and so-called edge computing services. They use strategically distributed, highly performant POPs to help move data and applications closer to users and deliver up-to-date content quickly.

The firm has been proving increasingly popular among leading media websites. After going public on the New York Stock Exchange in 2019, shares rose exponentially in price, but after today’s outages, Fastly’s value has taken a sharp 5.21% fall and are currently trading at US$48.06. 

What are CDNs?

Content delivery networks (CDNs) are a web of small computers, or servers, that link together to collaborate as a single computer. CDNs improve the performance of internet-connected devices by placing these servers as close as possible to the people using those devices in different locations, creating hundreds of points of presence, otherwise known as POPs.

They help minimise delays in loading web page content by reducing the physical distance between the server and the user. This helps users around the world view the same high-quality content without slow loading times. 

Without a CDN, content origin servers must respond to every single end-user request. This results in significant traffic to the origin and subsequent load, thereby increasing the chances for origin failure if the traffic spikes are exceedingly high or if the load is persistent.

The Risk of CDNs

Over time, developers have attempted to protect users from the dangers of overreliance through the implementation of load balancing, DDoS (Denial of Service) protection, web application firewalls, and a myriad of other security features. 

Clearly, by the state of today’s major website outage, these measures aren’t enough. Evidently, CDNs present a risk factor that is widely underestimated ─ which needs to be rectified with haste. Content delivery networks have become a key part of the global infrastructure, and so it’s imperative that organisations start to figure out risk mitigation strategies to protect companies reliant on the interconnected service from further disruption and disarray. 

Over the coming days, both Technology Magazine and Data Centre Magazine will continue to provide updates on the current situation as developments are made.

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