Country for PR: United States
Contributor: PR Newswire New York
Friday, April 08 2022 - 10:00
AsiaNet
Akamai Data Reveals Increase in Cyber Attacks Driven by Online Holiday Shopping
SINGAPORE, April 8, 2022 /PRNewswire-AsiaNet/ --

-- A 15% increase in malicious botnet attacks in China during the Lunar New 
Year and 150% increase in Japan over the Gregorian New Year represent surge in 
attacks


Akamai Technologies, Inc.( 
https://c212.net/c/link/?t=0&l=en&o=3468924-1&h=2981901641&u=https%3A%2F%2Fwww.akamai.com%2F&a=Akamai+Technologies%2C+Inc. 
), the world's most trusted solution to power and protect digital experiences, 
released today new data detailing the prevalence of malicious botnet attacks 
during the holiday season in Asia. That data found a 15 per cent increase in 
cyberattacks in China over the Lunar New Year in February 2022, showing that 
cybercriminals are actively trying to take advantage of customers during 
high-traffic moments.

Logo-  https://mma.prnewswire.com/media/384815/akamai_logo__002_.jpg


The uptick in attacks continues a trend that began with Singles Day, the 
Chinese eCommerce festival, in November 2021, during which botnet attacks 
tripled. Despite gradually declining after, attack traffic remained relatively 
high through the end of the year before peaking again with the buildup of 
retail traffic during the Lunar New Year. This year, the Lunar New Year 
coincided with the start of the 2022 Winter Olympics in Beijing, further 
boosting online sales and making the period more attractive for attackers.

Malicious actors operate year-round, but the high volume of traffic during 
holiday periods allows them to mask their attacks more easily. Additionally, 
customers are more likely to update their online shopping profiles with 
up-to-date credit card information and credentials during this period, 
providing a more lucrative target for attackers.

As traffic increases, attackers increase the volume of their attacks which 
include scraping data, draining customer accounts, damaging site functionality 
and holding encrypted data ransom – at massive cost to a business.

"Holidays represent a huge opportunity for attackers thanks to increased online 
activity and security teams stretched thin," said Dr Boaz Gelbord, Akamai's 
Chief Security Officer. "APAC presents a particularly enticing opportunity for 
successful cyberattacks because the sheer volume of traffic gives attackers the 
opportunity to gain foothold more easily and operate freely without timely 
mitigation. Akamai works with customers to develop strategies that take into 
account complex attack patterns and behaviors of malicious bots during the 
holidays and beyond to protect brands and customer loyalty."

In Japan, Akamai research measured a 150 percent increase in malicious botnet 
activity in the Japanese retail sector around the Gregorian New Year in early 
January 2022. The attacks persisted for a number of weeks following the holiday 
in a nearly identical attack pattern to that observed in China.

While a similar surge occurs during the high-traffic seen at the end-of-year 
holidays in EMEA and the US( 
https://c212.net/c/link/?t=0&l=en&o=3468924-1&h=2900615935&u=https%3A%2F%2Fwww.globenewswire.com%2Fnews-release%2F2021%2F12%2F02%2F2345011%2F0%2Fen%2FSuspected-E-Commerce-Fraud-Attempt-Rates-Between-Thanksgiving-and-Cyber-Monday-Increase-25-Compared-to-the-Rest-of-the-Year.html&a=the+US 
) – China and Japan present a particularly enticing opportunity for successful 
cyberattacks because of the sheer volume in traffic: Retailers and eCommerce 
here serve some of the largest populations in the world.

Akamai researchers monitored and analyzed underlying malicious botnets attack 
data throughout APAC during the holiday period, from late 2021 to early 2022. 
Akamai tracks benign and malicious bots as a proportion of internet traffic 
year-round to uncover patterns in botnet activity that can provide security 
teams with actionable data to incorporate into their defense.

About Akamai
Akamai powers and protects life online. Leading companies worldwide choose 
Akamai to build, deliver, and secure their digital experiences — helping 
billions of people live, work, and play every day. With the world's most 
distributed compute platform — from cloud to edge — we make it easy for 
customers to develop and run applications, while we keep experiences closer to 
users and threats farther away. Learn more about Akamai's security, compute, 
and delivery solutions at www.akamai.com and www.akamai.com/blog, or follow 
Akamai Technologies on Twitter and LinkedIn.

Contacts:
Rita Aspen
raspen@akamai.com
Ling Hui, Seah
lseah@akamai.com 

SOURCE: Akamai Technologies, Inc.
Translations

Japanese