Disrupting DDoS

Organizations Rely on Third Parties to Mitigate Attack Risks
Distributed-denial-of-service attacks are not new, but they are being taken more seriously as a threat to network security and data protection, especially by financial-services, says Ashley Stephenson of Corero Network Security.

"Firewalls can't protect against DDoS," says Stephenson, CEO of Corero. "And banks and other organizations are just finally starting to get that." And as threats linked to DDoS attacks have increased, financial institutions are turning to third parties to help protect their networks, says Corero President Marty Meyer.

During this interview, Stephenson and Meyer review:

  • Why the DDoS attacks that struck leading U.S. banking institutions during the fourth quarter of 2013 were timely;
  • How existing security measures put in place to protect network perimeters have failed;
  • Why DDoS attack mitigation will be a priority for organizations across various industries during the second half of 2013.

Stephenson is an experienced IT industry executive and Internet technology entrepreneur with operating experience in the U.S., Europe and Asia. In recent years he has spent the majority of his time providing strategic advisory services on the evolution of the global IT market. Previously he co-founded or lead several technology companies as Chairman or CEO, including Reva Systems, acquired by ODIN, and Xedia Corp., acquired by Lucent.

As president, Meyer brings a proven record of success in high-tech company management, reflecting a blend of expertise and experience in both technology and finance. Under Meyer's leadership, Corero has experienced solid growth, introduced significant new products and services, expanded its international presence, and added some of the best technology and business/salespeople in the country to ensure excellence and success.

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