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Undersecretary for DigitalTransformation Luukas Ilves announced that Estonia was hit by the most extensive wave of DDoS attacks it has faced since 2007. Yesterday, Estonia was subject to the most extensive cyber attacks it has faced since 2007. The DDoS attacks targeted both public institutions and the private sector.
Srinivas Mukkamala, CEO and co-founder of RiskSense, told SC Media that their research indicates this broadened attack surface is being driven by both short-term trends, like COVID-19 pushing more businesses online, as well as broader developments in digitaltransformation and cloud adoption throughout industry.
What’s happened is this: Digitaltransformation has raced forward promoting high-velocity software innovation, with only a nod to security. Co-founder Jay Kim was running a family steel fabrication business when he took a trip to South Korea in the fall of 2007. Related: Can Europe’s GDPR restore data privacy?
ExtraHop’s finding vividly shows how, as digitaltransformation ramps up, companies really have no clue what moves back and forth, nor in and out, of their networks on a daily basis. Launched in Seattle in 2007, ExtraHop set out to help companies gain an actionable understanding of their IT environments.
Although businesses have been very receptive to Gartner’s recommendations on how to approach networking and security in the future, these digitaltransformation trends and efforts by vendors to diversify their portfolio of products began well before the term SASE was developed.
The directive builds upon the foundations laid by the original Payment Services Directive (PSD1 or Directive 2007/64/EC), which opened up the European banking and financial services market nearly a decade ago. Let's explore the details further.
I think event leaves open yet another possibility, that perhaps we’ve had many little digital pearl harbors already, such as the massive denial of service attack against Estonia, but we didn’t realize it at the time. So that's the last key we can speak to Ukraine's Deputy Minister of digitaltransformation.
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