PLDT Enterprise strengthens cybersecurity

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    PLDT Enterprise, in partnership with Akamai Technologies Inc., has stepped up its cybersecurity solutions against online threats targeting banking, financial services and insurance (BFSI) sector.

    With the impending threats against these customers from old actors targeting finance and retail, the need for more protection against DDoS (distributed denial of service) extortion threats, PLDT Enterprisesaid.

    “We are proactively working against potential threats. PLDT Enterprise customers are assured of a differentiated internet and digital experiences with a suite of web performance and web protection solutions in partnership with Akamai,” Jovy Hernandez, ePLDT president and chief executive oficer and senior vice president and head for PLDT and Smart Enterprise Business Groups.

    DDoS (distributed denial of service) attacks, for instance, are illegal and malicious attempts to disrupt normal traffic of a targeted server, service or network by overwhelming the target or its surrounding infrastructure with a flood of fake internet traffic, collectively known as bots, in order to prevent legitimate users from accessing their websites.

    Akamai’s Security Intelligence Research Team (SIRT) recently investigated a series of recent DDoS attacks targeting businesses across multiple sectors. The extortion demands were similar to past DDoS ransom groups, where initial contact starts with a threatening email, warning of an impending DDoS attack against their company unless a ransom is paid in Bitcoin.

    The solutions brought by PLDT and Akamai aim to protect the customer web/online assets from cybersecurity threats and attacks and optimize performance of their online platforms.

    Jojo Gendrano, PLDT enterprise core business head explained that PLDT is leveraging on Akamai’s most pervasive and highly-distributed CDN with more than 285,000 servers in over 130 countries globally. Akamai’s Edge Platform is the world’s largest and most trusted CDN platform that PLDT can extend to Enterprises with end customers receiving high-quality and secure web experiences.”

    These CDN services are likewise vital in helping banks and financial institutions become more protected against cyber threats.