PLDT Enterprise heightens BFSI digital protection with Akamai

PLDT Enterprise, together with Akamai Technologies Inc., has stepped up its cybersecurity solutions against DDoS (distributed denial of service) extortion threats and attacks targeting the banking, financial services, and insurance (BFSI) sector.
The partnership between PLDT and Akamai, a leader in secure delivery of digital experiences, started in 2015 and since then has served the biggest and top banks in the country. With the impending threats against these customers from old actors targeting finance and retail, the need for more protection against these new threats is being heightened.
“We are proactively working against potential threats. PLDT Enterprise customers are assured of differentiated internet and digital experiences with a suite of web performance and web protection solutions in partnership with Akamai,” said Jovy Hernandez, ePLDT President & CEO and SVP & Head for PLDT and Smart Enterprise Business Groups.

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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 the performance of their online platforms.