Jul 9, 2020

Top Ten Cybersecurity Companies - Kount

Technology
Kayleigh Shooter
2 min
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We take a look at Kount, a leading cybersecurity company who was featured in our list of the top ten cybersecurity companies...

Business Overview:

Kount is an innovative cybersecurity company, aiming to protect you from all fraudulent activity and provides protection to over 6,500 brands all across the globe. The company has earned recognition as the market leader in digital fraud prevention, with over 12 years of data informing our advanced machine learning and artificial intelligence models. This innovative technology helps to prevent digital payments fraud, new account fraud, and account takeovers to increase revenue for digital businesses, acquiring banks, and payment service providers. 

Kount against e-gift card fraud:

Did you know that eGift cards have the highest fraud attempt rates because purchases made with eGift cards are difficult to track. Most businesses lack adequate systems that prevent fraud. eGift card fraud can impact your business and result in chargebacks, operational costs, and dollar losses from stolen goods and services, as well as denting to your brand reputation.

eGift cards are able to be fraudulently obtained in many ways. Credit cards can be stolen, accounts can be compromised, and legitimate customers can get pulled into unsuspecting fraud schemes. Kount identifies all high-risk devices, or high-volume activity from a small number of devices, indicates the relationship between email reputation, age, and history, as well as physical identity attributes, combines supervised and unsupervised machine learning to generate a score that indicates risk or unusual activity and can be built around desired business outcomes, such as special event promotions and tracking shipping details. 

What is cybersecurity?

Simply put, cybersecurity is protection against threats in computer systems and networks that aim to steal sensitive data or damage hardware. In an ever-changing digital world, cybersecurity is at the heart of every business and at the front of everybody's mind. Cybersecurity threats arise every day and companies and people have to continuously adapt to overcome these dangers and not fall victim to the threats.

Kount has cybersecurity against fraud at the forefront of its business plan and at the heart of what it does for customers. Let Kount protect you against all fraudulent activity and find out more by clicking below.

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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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