Leading cloud security provider and content delivery network CDNetworks recently announced its plans to invest USD 156 million to strengthen its position in the industrial security business market.
The CDN provider will establish a security laboratory, dedicate top talent, investigate cutting-edge attack-defense technologies, promote innovation and application of big data, artificial intelligence (AI), and other leading technologies as part of its business strategy to level up the intelligent security protection.
CDNetworks will also invest in security technologies such as SASE (secure access service edge) and Zero-Trust to develop key distributed cloud security capabilities.
Doyle Deng, Director of Product Management at CDNetworks, mentioned they work closely with the industry to provide consumers with secure, efficient, and reliable security services. Their new security business strategy illustrates their commitment to gaining a larger share of the network security market, he added.
It is to be the company has a high-performance, ever-evolving security platform that covers various areas such as application security, business security, Zero-Trust security, network security, security content delivery, and security administration and operation.
The security platform has tracked and intercepted 10.113 billion web application attacks and 34.147 billion harmful bot attacks in the first quarter of 2021. These data reflect an increase of 2.4 and 3.3 times, respectively, over the same period in 2020, and 21.7 and 6.3 times, over the same period in 2019, a troubling pattern that shows cyberattacks are doubling year after year.
The firm also intends to introduce SecureLink, their new Zero-Trust Network Access (ZTNA) solution, to showcase their commitment and dedication towards security. It is a fully integrated system that allows remote workers to connect directly to public or private applications using the Software-Defined Perimeter standards defined by the CSA Group and the Zero-Trust architecture.
CDNetworks currently boasts of over 100 security professionals committed to offering cutting-edge attack-defense technology and security services, as well as 200,000+ servers that run around the clock in hardened environments to protect against security threats, vulnerabilities, and attack vectors.
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