Intelligent CISO Issue 67 | Page 6

Akamai research finds cyberattacks on European financial services more than doubled in 2023
A and protects life online , has released a new State of the Internet report that explores existing and emerging cyberattacks against the financial services industry .
Check Point and Cybersafe team up to provide equal opportunities for women in Africa
C of cybersecurity solutions globally , has partnered with an Africa-based non-governmental organisation ( NGO ), Cybersafe Foundation , to combat the ongoing cybersecurity skills shortage .
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Akamai research finds cyberattacks on European financial services more than doubled in 2023

kamai Technologies , a cloud company that powers

A and protects life online , has released a new State of the Internet report that explores existing and emerging cyberattacks against the financial services industry .

The new report , The High Stakes of Innovation : Attack Trends in Financial Services , finds that financial services are the third-most attacked vector in the Europe , Middle East and Africa ( EMEA ) region , with approximately 1 billion web application and API attacks , which represents a significant 119 % year-over-year increase when comparing Q2 2022 with Q2 2023 .
In EMEA , insurance is by far the most attacked sub-vertical of financial services with 54.5 % of all web attacks , which represents a 68 % increase year over year . Insurance companies hold a huge amount of personally identifiable information , which makes them an attractive target for cybercriminals in contrast with other financial services organisations that hold mostly financial data .
The report also finds that as a region , EMEA experienced the most DDoS attack events ( 63.5 % of attacks worldwide ), which is nearly double the number in North America , the next top region ( 32.6 %). The UK tops the list in EMEA at 29.2 % of DDoS attack events , followed by Germany at 15.1 %. Akamai surmises that the attacks on the European banks that are allies of Ukraine are financially and politically motivated by Russia ’ s continued war in Ukraine and are the primary reason for the increase in attack events in EMEA .

Check Point and Cybersafe team up to provide equal opportunities for women in Africa

heck Point Software Technologies , a leading provider

C of cybersecurity solutions globally , has partnered with an Africa-based non-governmental organisation ( NGO ), Cybersafe Foundation , to combat the ongoing cybersecurity skills shortage .

The collaboration with Check Point ’ s SecureAcademy programme , which provides free cutting-edge cyber educational content through partnerships with higher learning institutions and non-profit organisations , will see its courses being used as part of Cybersafe ’ s programme , CyberGirls , a one-year free initiative designed to equip women between the ages of 18 and 28 with globally sought-after technical skills .
The partnership with Check Point ’ s education programme , SecureAcademy , will see the NGO ’ s fellows gain access to free training , training of Cybersafe teachers , as well as industryrecognised certifications that will accelerate their career . Through the programme , Check Point is already working with over 160 academic partners who serve over 45,000 students , across more than 60 countries to combat the 3.5 million cybersecurity job vacancies that currently exist globally .
Cybersafe Foundation strives to raise awareness about cybersecurity and empowers communities to navigate the digital landscape securely through the power of education . The CyberGirls programme is one that specifically focuses on closing the gender gap in the industry and uplifting those living in underserved communities across Africa , helping them improve their socioeconomic position while also combatting the increasing threat posed by cybercrime . The fellowship achieves this by offering its fellows hands-on training , mentorship to become certification-ready and the chance to partake in a number of internships and shadowing placements .
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