Insurer AXA Fights DDoS Attack from Asia-Based Cybercriminals
The world of cyber-security is an ever-evolving landscape, with new threats and sophisticated attack vectors emerging every day. One such threat is the Distributed Denial of Service (DDoS) attack, which is a type of cyber-attack that aims to overwhelm a system with malicious traffic until it cannot respond to legitimate requests. Recently, the global insurer AXA faced a DDoS attack from Asia-based cybercriminals. In this blog, we will take a look at the attack, the mitigation strategies employed by AXA, and the implications of the attack.
Background of the Attack
On April 22nd, 2021, AXA was hit by a massive DDoS attack originating from Asia. The attack was designed to overwhelm the company’s online services, making it impossible for customers to access their accounts or to make payments. The attack was discovered by AXA’s cyber-security team, who tracked the source of the attack to a network of computers located in Asia.
Mitigation Strategies Employed by AXA
In order to mitigate the attack, AXA took a number of steps to ensure that their customers’ data was kept safe and secure. First, they implemented a number of security measures to help protect their systems from future attacks. This included the implementation of firewalls, intrusion detection systems, and other measures to detect and stop malicious traffic.
In addition, AXA also implemented a number of measures to reduce the impact of the attack. This included limiting the access of certain customers to their accounts, as well as limiting the number of requests that can be made to the system at any one time. By limiting the number of requests, AXA was able to reduce the impact of the attack and ensure that their customers’ data remained safe.
Implications of the Attack
The attack on AXA highlights the need for companies to take proactive steps to protect their systems from cyber-attacks. It also serves as a reminder that cyber-criminals are becoming increasingly sophisticated and are capable of launching large-scale attacks with ease. As such, it is essential for companies to ensure that they are properly prepared to protect their customers’ data and to mitigate the impact of any attack.
The attack on AXA serves as a stark reminder of the need for companies to take proactive steps to protect their systems from cyber-attacks. It is essential for companies to ensure that they are properly prepared to protect their customers’ data and to mitigate the impact of any attack. By taking the appropriate steps, companies can ensure that their customers’ data remains safe and secure.
Q1: What is AXA DDOS AsiaBased?
A1: AXA DDOS AsiaBased is an insurance product designed to protect businesses in Asia from Distributed Denial of Service (DDoS) attacks. It provides comprehensive cover to cover the cost of repairing damaged systems, as well as the legal and financial costs associated with dealing with a DDoS attack.
Q2: What types of cover does AXA DDOS AsiaBased provide?
A2: AXA DDOS AsiaBased provides cover for a number of different areas, including the repair of damaged systems, the cost of investigating and dealing with a DDoS attack, the cost of any third-party liability, as well as the cost of any business interruption caused by a DDoS attack.
Q3: How does AXA DDOS AsiaBased work?
A3: AXA DDOS AsiaBased works by providing protection from DDoS attacks. This involves monitoring for malicious activity and providing technical support to help you prevent and respond to DDoS attacks.
Q4: Who is eligible for AXA DDOS AsiaBased?
A4: AXA DDOS AsiaBased is available to businesses in Asia that are looking for protection from DDoS attacks.
Q5: How much does AXA DDOS AsiaBased cost?
A5: AXA DDOS AsiaBased is priced on a per-incident basis, depending on the size and complexity of the attack.