Dependency banks of Akamai is doubtful’ – update

Oct

15

2018

American Akamai is dominant in the financial market with its protection against ddos ​​attacks, according to a CPB report. The Dutch banks ING, ABN Amro and Rabobank deny that they are dependent on the company.

Of the thirty largest banks worldwide, sixteen take the ddos ​​protection of Akamai, writes the FD as a result of the Risk Reporting Cybersecurity of the Central Planning Board . That report will be published on Monday. The CPB states that the question is whether the market concentration is desirable: “After all, in this case Akamai is, for example, a major ddos ​​attack, this potential has a chain effect.” This need not be limited to drop-out in the banking sector. only.”

The three major Dutch banks ING, ABN Amro and Rabobank are also proposing to purchase other services against the FD in order to fend off ddos ​​attacks and thus not to be dependent on Akamai. In recent years banks’ online services have been regularly under attack from ddos ​​attacks, which have been hindering customers.

Professor at the University of Twente Aiko Pras , who is investigating ddos ​​attacks, points to the risks: “American companies such as Akamai are gaining deeper insight into our payment transactions, while we lose knowledge.” He probably refers to the analysis of TLS traffic by Akamai for the detection and mitigation of attacks.

Update, 13.00 : Link to Risk Reporting Cybersecurity made, clarifies what is in that report and corrected errors. Among other things, the FD report incorrectly stated that eighteen, instead of sixteen banks, took Akamai.

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