In this episode, I explore the findings of Akamai’s latest State of the Internet report, “Navigating the Rising Tide: Attack Trends in Financial Services,” with Richard Meeus, Director of Security Technology and Strategy EMEA at Akamai. The conversation reveals why financial services remain the top target for cyberattacks, with incidents ranging from DDoS events to brand impersonation schemes that exploit sensitive data.

Richard offers insights into the unique challenges faced by the financial services sector, especially in the context of rising geopolitical tensions. We discuss a recent DDoS attack in the Middle East that underscores the intensity and sophistication of threats in this space. The episode also examines the growing threat of shadow APIs, which often go unmonitored, leaving organizations exposed to data exfiltration and other vulnerabilities.

The conversation shifts to actionable strategies, including the implementation of Zero Trust frameworks, proactive DDoS defenses, and the importance of balancing automated tools with human oversight for complex, multi-vector attacks. Richard highlights the evolving landscape of cybersecurity regulations, such as the EU’s Digital Operational Resilience Act, and what organizations need to do to stay ahead.

If you’re curious about how businesses can better defend against these emerging threats and what it takes to build resilience in a rapidly changing digital environment, this episode offers a wealth of practical advice and industry expertise. What are the most pressing cybersecurity challenges your organization is facing? Tune in to explore solutions and strategies.