Friday, April 7, 2023

Aleph Farms Joins the United Nations Global Compact

 Company becomes newest member of the world’s largest initiative for sustainable and responsible corporate governance, strengthens its commitment to just transition in agriculture


 


(BUSINESS WIRE)-- Aleph Farms, the first company to grow cultivated steaks directly from non-modified cow cells, today announced that it has joined the United Nations Global Compact, a voluntary leadership platform for the development, implementation and disclosure of responsible business practices. As a Participant in the UN Global Compact, Aleph Farms will publish an annual Communication on Progress (COP) to demonstrate the company’s ongoing commitment to responsible business action in support of broader societal goals. It will also engage with more than 18,000 signatories around the world to share strategies for responsible business action.


“Aleph Farms’ operational principles, including our net zero carbon commitment, reflect our comprehensive sustainability mindset and broader mission of supporting a just transition in agriculture. The UN Global Compact is a leading framework for elevating optimal Environmental, Social and Governance (ESG) practices. We are honored to become a full Participant and help set the standard worldwide for sustainable and responsible food systems,” said Didier Toubia, CEO and Co-Founder of Aleph Farms. “We look forward to joining together with companies around the world to further our shared goals of building a more stable and inclusive global economy, one where all stakeholders have a voice, including and especially those who have been left out of the conversation.”


Launched in 2000, the UN Global Compact is the largest corporate sustainability initiative in the world, with more than 15,000 companies and 3,800 non-business signatories based in over 160 countries and more than 69 Local Networks. In addition to their commitment to The Ten Principles, which focus on areas like human rights, labor, environment and anti-corruption, UN Global Compact Participants also take action to further Sustainable Development Goals (SDGs).


The Ten Principles are drawn from landmark UN Declarations and Conventions such as the Universal Declaration of Human Rights, acting as a normative authority for responsible business. As part of its ongoing commitment to abide by these principles, Aleph Farms will submit an annual COP starting in 2024, which will address the company’s commitment to advancing sustainability topics, efforts taken to prevent negative social and environmental impacts, performance indicators and response, remediation, and reporting mechanisms used to reflect on lessons learned. By doing so, Aleph Farms will not only uphold its commitment to people and the planet, but also set the stage for long-term growth.


Aleph Farms is working closely with regulatory agencies around the world as it prepares for the commercial launch of its first product, a cultivated thin-cut steak. The company also plans to produce different cuts of steak as well as other products based on animal cells, such as cultivated collagen, through additional proprietary capabilities. From a single fertilized egg, Aleph Farms can grow thousands of tons of cultivated meat, serving as part of an inclusive transition to sustainable and secure food systems.


About Aleph Farms


Aleph Farms grows cultivated steaks from cells that are isolated from a living cow and not immortalized or genetically modified, avoiding slaughter and achieving reduced environmental impact at scale. The company was co-founded in 2017 by Didier Toubia, The Kitchen Hub by Strauss Group, and Professor Shulamit Levenberg of the Technion – Israel Institute of Technology. Its vision is to ensure unconditional nutrition for anyone, anytime, anywhere. For more information, follow Aleph Farms on Instagram, Twitter, Facebook or LinkedIn or visit www.aleph-farms.com. Access the Aleph Farms press kit here.


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Contacts

 

Natalee Gibson

alephfarms@songuepr.com

Panda Biotech Announces Landmark Equity Partnership With Southern Ute Growth Fund Aka-Ag, LLC

 DALLAS - Thursday, 06. April 2023



The Aka-Ag subsidiary of Southern Ute Growth Fund inks deal becoming an equity partner in Panda Biotech’s Panda High Plains Hemp Gin


(BUSINESS WIRE) -- Panda Biotech announces a landmark equity partnership deal between the Panda High Plains Hemp Gin™ (PHPHG) project and the Southern Ute Indian Tribe Growth Fund (Growth Fund). The Growth Fund is owned by the Southern Ute Indian Tribe, a federally recognized tribe. The strategic alliance was inked with Aka-Ag, LLC, a Growth Fund subsidiary.


The investment marks a significant advancement toward PHPHG’s much-anticipated Q4 2023 launch. Located in Wichita Falls, Texas, PHPHG is on track to become the largest hemp decortication center in the United States and among the world’s largest industrial hemp processing facilities.


President Dixie Carter says of the deal, “Panda Biotech could not have selected a better equity partner for our first project, the Panda High Plains Hemp Gin. The Southern Ute Indian Tribe and its subsidiaries bring numerous strategic opportunities to what is anticipated to be a successful, long-term partnership.”


The Southern Ute Indian Tribe is the first Indian tribe in the nation to achieve a ‘AAA’ credit rating, earned through years of steady governance and successful and prudent business transactions. The Growth Fund, the business division of the Southern Ute Indian Tribe, aims to support eco-minded business investment opportunities through Aka. As hemp provides a proven, more sustainable ecological option than other textile fibers, the Growth Fund’s Aka-Ag division shares Panda Biotech’s vision for PHPHG and the revolutionary potential of natural hemp fiber.


Growth Fund Executive Director Shane Seibel added, “the Growth Fund is honored to partner with Panda Biotech on the PHPHG Project. The Tribe and Panda have had decades of success in various business endeavors. We view the PHPHG investment as a complementary and strategic partnership that will align with our company values and result in a business providing sustainable solutions for the future.”


Scientifically proven to sequester substantial amounts of carbon dioxide, industrial hemp requires significantly less water, herbicides, fungicides, and pesticides to grow than most crops used in textile manufacturing. The textile industry has taken notice of PHPHG’s charge with industry leaders, including numerous global brands and top spinning mills around the world, reaching out regarding potential partnerships with Panda.


To date, approximately 95 percent of the necessary hemp processing equipment has been manufactured, most of which has been delivered to the 500,000-square-foot facility in Wichita Falls. PHPHG is expected to be operational in the 4th quarter of this year.


The PHPHG facility will process only U.S.-grown hemp straw. Panda is contracting with producers for the 2023 growing season and has seed available for farmers. The available seed genetic is proven to grow successfully in the region around Wichita Falls. For further information, including Grower Inquiries, please visit www.pandabiotech.com.


ABOUT PANDA BIOTECH


Based in Dallas, Texas, privately-held Panda Biotech, LLC is a first-mover in the emerging U.S. industrial hemp fiber and hurd industry. Panda Biotech’s executive leadership has extensive experience developing, financing, constructing, and operating large-scale infrastructure facilities in clean energy. They have developed 22 projects representing approximately $12 billion in invested capital. The company is currently developing large-scale industrial hemp gin facilities. Panda’s first facility, the Panda High Plains Hemp Gin™ LLC (PHPHG) located in Wichita Falls, TX, will be operational in Q4 2023. It will be the largest hemp processing and mechanical cottonization facility in the western hemisphere. For more information, please visit www.pandabiotech.com and @pandabiotech on Instagram, Twitter, or LinkedIn.


ABOUT SOUTHERN UTE GROWTH FUND


Based in Colorado on the Southern Ute Indian Reservation, the Southern Ute Growth Fund maintains the Southern Ute Indian Tribe’s thriving and diverse business portfolio. The Growth Fund exists to grow economic prosperity for the Tribe and its members by responsibly conducting the Tribe’s businesses and developing new growth opportunities prudently. The Southern Ute Growth Fund comprises the Red Willow Production Company, Red Cedar Gathering Company, GF Properties Group, GF Ventures, GF Private Equity, Aka Energy Group, and Aka-Ag. The Southern Ute Tribe was awarded a ‘AAA’ general-obligation bond rating, the first Native American Tribe to earn the rating.


 


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Contacts

Media (only)

Beth Gebhard

615-336-0194

bethgebhard@gmail.com

Thursday, April 6, 2023

ZAPI GROUP Launches Second Future of Electrification Virtual Conference on May 9-10, 2023

 POVIGLIO, Italy - Thursday, 06. April 2023 AETOSWire Print 


The global event focuses on the role of electrification in the race to sustainability


(BUSINESS WIRE) -- ZAPI GROUP, a global leader in products for vehicle electrification, announced the return of the Future of Electrification virtual conference taking place on May 9-10, 2023.


This two-day event will feature educational sessions covering case studies for electrification, emerging research, new technology, transformation management, and the ROI of sustainability—all intended to help organizations in the global race to a sustainable future. The conference aims to foster connections, collaboration, and the advancement of the worldwide electrification effort through discussions, business case studies, and technical presentations.


“We are excited to bring together electrification experts from around the world to share their knowledge and experiences. This conference highlights the crucial role of electrification in achieving the sustainability goals of many businesses, as it is a topic that is top of mind for everyone,” said Claes Avasjo, Executive Director of Global Sales and Marketing of ZAPI GROUP.


Keynote speaker and Professor of Finance at London Business School, Alex Edmans, will share his insights and perspective on the business case for electrification. Professor Edmans has spoken at the World Economic Forum in Davos, testified in the UK Parliament, presented the TED talk “What to Trust in a Post-Truth World,” and given the TEDx talks “The Pie-Growing Mindset” and “The Social Responsibility of Business.” These presentations have a combined 2.5 million views.


Featured speakers for this year’s Future of Electrification conference include Austin Caskey from Sunbelt Rentals, one of the largest industrial and construction equipment rental solutions providers in North America, and Steve Sokolsky from CALSTART, a nonprofit consortium of private sector firms, government agencies, and academic institutions committed to developing clean, efficient alternative fuel solutions for the transportation industry. Mr. Caskey will discuss traditional challenges with off-board charging electric-drive products and ways to address them through standardization and common components. Mr. Sokolsky will talk about state and federal incentives that are positively impacting various industries and helping bring new zero-emission off-road equipment to market in the United States.


Registrants can now access the conference agenda. While attendance is free, registration is required. To register and view the event schedule, visit futureofelectrification.org.


About ZAPI GROUP


ZAPI GROUP is engineering the transition to an all-electric future with systems integration expertise and a highly integrated product portfolio with motion controllers, electric motors, high-frequency battery chargers, and autonomous navigation software for application in full-electric and hybrid vehicles. As a global electrification leader with deep systems experience, leading innovations, and an obsession with driving customers’ success, ZAPI GROUP now counts more than 1500 employees worldwide with total annual revenue of more than 600 million US dollars. Visit www.zapigroup.com for more information.


 


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Contacts

Carley Gray, Communiqué PR

Phone: (206) 282-4923 ext. 114

ZapiGroupPR@communiquepr.com

Tecnotree Sensa Wins First AIML Driven Customer Experience Deal with Tier-1 LATAM Operator

 ESPOO & HELSINKI - Thursday, 06. April 2023 AETOSWire Print 



(BUSINESS WIRE)--Tecnotree, a global digital platform and services leader for 5G and cloud-native technology, announced the winning of its first deal for the Customer 360 MDM platform RFP with the Tecnotree Sensa Intelligence platform, launched just two months ago. Tecnotree has been chosen for this project by a Tier 1 Operator in Latin America, for the company’s customer data consolidation system based on the Tecnotree Sensa Intelligence platform.


Tecnotree Sensa is a new AI-enabled technology that cuts across the Tecnotree portfolio to enable the creation of configurable AI solutions that will humanize digital experiences with intelligence, across telcos as well as other industry verticals such as healthcare, education, sports, financial services, entertainment, gaming, and reality. Tecnotree Sensa AI-enabled digital experiences provide 5G & AI deepening customer engagement & improving operational efficiency, helping harness 5G driven monetization.


This agreement with a long-standing customer proves Sensa’s cross-sell and up-sell capabilities across Tecnotree’s digital portfolio. Tecnotree is set to deliver a comprehensive solution to the operator's need for centralizing customer information across their Business Support Systems (BSS) platforms. This solution will consolidate and update data from various legacy CRM (Customer Relationship Management) and billing bases, while seamlessly integrating into their customer interaction channels and backend platforms. Tecnotree's proposed Intelligent Customer 360 solution powered by Sensa will provide a single view across multiple backend CRM, billing, and legacy applications, consolidating information from multiple platforms in real-time, and automatically resolving key business entities to create a temporal and longitudinal view of the customer. This aggregated and highly dynamic customer view will enable the company to solve not only their challenges in providing a single view of the customer but will also enable them to gain visibility into their customer experience KPIs.


The implementation of the proposed solution will result in the following benefits:


Consolidation of customer information in a single application, improving the quality and reliability of data presented across different channels.

Deep insights and knowledge about the customer aggregated from various backend systems including CRM, billing, and legacy applications.

Digitization and exposure of customer information for both front-end and legacy systems, enhancing the speed at which users can validate customer data.

Reduction of sales and post-sales management errors by ensuring correct customer data is presented through a comprehensive 360-degree view.

Increased customer satisfaction through improved identification and consolidation of their information.

Acceleration of information aggregation via Sensa's Low Code/No Code AI Platform that enables orchestration between heterogeneous applications.

Simplified integration with an open digital platform based on TMForum Open Digital Architecture standards and Open APIs.

 


"We are thrilled to have been chosen to implement our latest AI software, the Sensa Intelligence platform. This innovative platform will work seamlessly across Tecnotree's digital portfolio and technologies, spanning a wide range of Digital BSS Suite for telcos", said Padma Ravichander, CEO of Tecnotree. "This partnership is a significant step forward for Tecnotree and demonstrates our commitment to delivering innovative solutions that help our customers stay competitive in a rapidly changing digital landscape. The cutting-edge technology will enable the customer to leverage our portfolio of products and services while keeping customer sentiments at the forefront of their digital experiences."


About Tecnotree


Tecnotree is a 5G-ready digital Business Support System (BSS) player, with AI/ML capabilities and multi-cloud extensibility. Tecnotree is among the first companies in the world to be Platinum Certified by TM Forum Open API standards, and our agile and open-source Digital BSS Stack comprises the full range (order-to-cash) of business processes and subscription management for telecom and other digital services industries creating opportunities beyond connectivity. Tecnotree also provides Fintech and B2B2X multi-experience digital marketplace to its subscriber base through the Tecnotree Moments platform to empower digitally connected communities across gaming, health, education, OTT, and other vertical ecosystems. Tecnotree is listed on Helsinki Nasdaq (TEM1V).


For more information, please visit www.tecnotree.com or social media channels – LinkedIn I Facebook I Twitter I YouTube


 


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Contacts

Padma Ravichander, Tecnotree CEO

Email: marketing@tecnotree.com

IQM Quantum Computers Announces Global Expansion Into Asia-Pacific Region, Opens Singapore Office

 To build quantum computers for datacentres and national labs in the region

Aim to accelerate research, development, and education of quantum technologies

The first office outside of Europe; other offices are in Espoo, Munich, Madrid, and Paris.

 


 


(BUSINESS WIRE)--IQM Quantum Computers (IQM), the European leader in building quantum computers, today announced the expansion of its global operations into Asia-Pacific (APAC) with an office opening in Singapore, its first in the region and outside Europe, to drive the advancement of quantum technology.


With Singapore’s strategic combination of talent, world-class research, vibrant tech-transfer and well positioned to become quantum ready, IQM aims to build public-private collaborations with the quantum ecosystem to explore applications and accelerate research, development, and education of quantum hardware.


Dr. Jan Goetz, CEO and Co-founder of IQM Quantum Computers, said: “Our presence in Asia aligns with our commitment to building world-leading quantum computers for the well-being of humankind, now and for the future, and we are confident this new office will be instrumental in helping drive the development of the quantum community in Singapore and the region.”


“In addition, we will tap into the incredible local talent, and we are also excited about bringing our technical track record and world-class expertise to the region, and our regional team will play a crucial role in broadening our global development. We look forward to partnering with important players in the value-chain as we continue to push the boundaries for the ecosystem,” added Goetz.


Singapore marks IQM’s fifth office, with headquarters in Espoo, Finland, and other offices in Munich, Madrid, and Paris. The office opening paves the way for the hiring of new employees in the coming months.


New Appointments:


As part of the expansion, Raghunath Koduvayur, formerly the Head of Marketing and Communications, has been appointed the Head of Asia-Pacific Business, while Sylwia Barthel de Weydenthal has been named the new Head of Marketing and Communications for IQM.


“Our brand presence has progressed tremendously, and Koduvayur has played a vital role in leading those global efforts. I am pleased that he will continue to be in the management team and lead our APAC operations, bringing his sales and people management expertise to the region. Likewise, in Barthel de Weydenthal, we have gained an executive with vast leadership experience in companies like Coca-Cola, Heineken, Danone, and, most recently, Meta. I’m confident that this experience will help us achieve our goals and remain at the forefront of the industry,” said Goetz.


“The launch of our office in Singapore underscores our commitment to the APAC region and the aspiration to build a global business. As we continue to grow, I am pleased to leverage our extensive market expertise to drive our business forward and foster mutual relationships with all our stakeholders,” said Koduvayur in a speech to government representatives, academics, and solution providers leading the charge to quantum advantage at the Quantum.Tech APAC summit in Singapore today.


Koduvayur noted that IQM is prepared to play a significant role and that other efforts as part of the Quantum Engineering Programme (QEP) are needed for Singapore to seize the opportunity presented by the consistent investments made by the country in research in quantum technologies over the course of two decades and the formation of three national quantum initiatives (the National Quantum Computing Hub, the National Quantum Fabless Foundry, and the National Quantum-Safe Network).


IQM, founded in 2018, has the only private quantum fabrication facility in Europe and has assembled the largest team of quantum experts in Europe.


About IQM Quantum Computers


IQM is the European leader in building quantum computers. IQM provides on-premises quantum computers for supercomputing centres and research labs and offers full access to its hardware. For industrial customers, IQM delivers quantum advantage through a unique application-specific, co-design approach. IQM’s commercial quantum computers include Finland’s first commercial 54-qubit quantum computer with VTT, IQM-led consortium’s (Q-Exa) HPC quantum accelerator in Germany, and IQM processors will also be used in the first quantum accelerator in Spain. IQM has over 230 employees with offices in Paris, Madrid, Munich, Singapore, and Espoo.


 


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Wednesday, April 5, 2023

NTT and SES to Deliver Satellite-based Edge and Private 5G Network Solutions to Enterprises

 The two companies will jointly go to market with a fully managed Edge and Private 5G solution including expanded coverage through satellite


(BUSINESS WIRE)--NTT Ltd., a leading global IT infrastructure and services company, and SES, a leading global content connectivity service provider via satellite, today announced a multi-year partnership to use SES satellites to deliver NTT’s Edge as a Service to enterprise customers. The collaboration will bring together NTT’s expertise in networking and enterprise managed services with SES’s unique satellite capabilities to deliver reliable connectivity to enterprises that must meet surges in connectivity demand or are based beyond the reach of fixed terrestrial networks.


The unique offering combines NTT’s fully managed Private 5G and Edge Compute with SES’s second-generation medium earth orbit communications system - O3b mPOWER - to provide expanded and reliable connectivity. This solution is intended for companies operating in regions where terrestrial networks are lacking and enterprises wanting to leverage high-performance connectivity to increase their efficiency and grow revenue. Through the combined versatility of Private 5G networks and satellite technology, this end-to-end solution is expected to propel industries - such as energy, mining, maritime, manufacturing, industrial, etc. - that have otherwise been limited by connectivity today and will need to ramp up their digital transformation plans and increase revenue streams.


"We are excited to embark on this journey with SES, combining our collective expertise to help businesses digitally transform and scale," said Miriam Murphy, CEO Europe at NTT Ltd. "As organizations grapple with the challenges of a rapidly changing world, it is now more important than ever to leverage the power of technology to drive growth and innovation."


Putting control and ownership back into the hands of the customer, the joint solution will deliver coverage to over 190 countries with public-private roaming. In addition to NTT’s Private 5G and Edge Compute capabilities, NTT will also provide use-case consulting and design, application development, system integration, implementation, and managed services, while SES will provide end-to-end satellite networks via O3b mPOWER that will be seamlessly integrated with NTT’s offering.


“Private 5G is a transformative power that enables enterprises to build upon existing network infrastructure and deliver reliable, high bandwidth, and low latency connections for multiple use cases operating on a single Private 5G network,” said Olivier Posty, Country Managing Director Luxembourg, NTT Ltd. Posty adds, “As our customers continue to innovate, network partners with the right skills and expertise will be critical to success in today’s competitive market. NTT’s robust Private 5G network-as-a-service full stack solution, delivered on-premises, at the edge, or as a cloud service, is complemented by NTT’s 24/7 remote monitoring services and a CIO self-service portal, ensuring that NTT’s full stack of managed Edge Compute services delivers real-time actionable intelligence to drive processing efficiency and accelerate business performance.”


NTT’s Edge-as-a-Service offering includes IoT, Edge Compute, and Private 5G connectivity delivered by NTT across its global footprint. NTT’s Edge-as-a-Service is a unique, fully managed, integrated solution that accelerates business process automation, enabling enterprises to quickly deploy their applications more securely and monitor them closer to the edge, thereby reducing downtime, improving user experience, and optimizing costs.


“This partnership between NTT and SES is an industry-first milestone at the whole industry level, combining massive amounts of expertise that both companies are bringing in each field, and the joint value proposition is ahead of the curve in terms of added value that will be provided to customers. This will open great opportunities also in countries where 5G spectrum is not yet ready, enabling the transformation of companies at a global scale,” said Alejandro Cadenas, Associate Vice President of EMEA Telco Mobility Research, IDC.


According to John-Paul Hemingway, Chief Strategy Officer at SES, the partnership is one of its kind as both companies jointly provide comprehensive and resilient connectivity solutions for customers around the world. "In addition to its predictable low latency capabilities, O3b mPOWER’s best throughput and full flexibility on asymmetric or symmetric services will result in the seamless integration and extension of terrestrial and satellite networks, enabling our customers to unlock the full potential of emerging technologies like 5G, IoT, and cloud computing, and drive digital transformation across industries," he said.


The partnership between NTT and SES comes as organizations are increasingly turning to technology to drive growth and innovation. Organizations recognize the positive impact of high-speed connectivity and resilient networks on business operations, driving demand and fueling widespread digital transformation. By leveraging their respective strengths, NTT and SES are well positioned to provide customers with the innovative Edge as a Service solutions they need to succeed in a rapidly changing world.


###


About NTT Ltd.


As part of NTT DATA, a USD 30 billion IT services provider, NTT Ltd. is a leading IT infrastructure and services company serving 65% of the Fortune Global 500 and more than 75% of the Fortune Global 100. We lay the foundation for organizations’ edge-to-cloud networking ecosystem, simplify the complexity of their workloads across multi-cloud environments, and innovate at the edge of their IT environments where networks, cloud and applications converge. We offer tailored infrastructure and ensure consistent best practices in design and operations across all of our secure, scalable and customizable data centers. On the journey towards a software-defined future, we support organizations with our platform-delivered infrastructure services. We enable a connected future.


Visit us at services.global.ntt


About SES


SES has a bold vision to deliver amazing experiences everywhere on earth by distributing the highest quality video content and providing seamless connectivity around the world. As the leader in global content connectivity solutions, SES operates the world’s only multi-orbit constellation of satellites with the unique combination of global coverage and high performance, including the commercially-proven, low-latency Medium Earth Orbit O3b system. By leveraging a vast and intelligent, cloud-enabled network, SES is able to deliver high-quality connectivity solutions anywhere on land, at sea or in the air, and is a trusted partner to the world’s leading telecommunications companies, mobile network operators, governments, connectivity and cloud service providers, broadcasters, video platform operators and content owners. SES’s video network carries around 8,000 channels and has an unparalleled reach of 369 million households, delivering managed media services for both linear and non-linear content. The company is listed on Paris and Luxembourg stock exchanges (Ticker: SESG). Further information is available at: www.ses.com


 


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Contacts

 

Lori Bosio

External Communications, NTT Ltd.

Lori.bosio@global.ntt


Wireside Communications for NTT Ltd.

NTTLtd@wireside.com


Suzanne Ong,

External Communications, SES

suzanne.ong@ses.com

Direct-Path Attacks Surge in 2022 Making Up Half of All DDoS Attacks According to Latest NETSCOUT DDoS Threat Intelligence Report

 DDoS traffic reached a high of 436 petabits in a single day, while application-layer attacks increased 487% since 2019

(BUSINESS WIRE) -- NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT), a leading provider of performance management, cybersecurity, and DDoS protection solutions, today announced findings from its 5th Anniversary DDoS Threat Intelligence Report that point to a new era of multi-vector attacks focused on taking down victims using application-layer and botnet-based, direct-path attacks. Attack frequency has increased tenfold since NETSCOUT’s first report in 2005.

With over one billion websites worldwide, HTTP/HTTPS application-layer attacks have increased by 487% since 2019, with the most significant surge in the second half of 2022. Much of the increase comes from the pro-Russian group Killnet and others that explicitly target websites. Attacks of this nature preceded the Ukraine invasion, knocking out critical financial, government, and media sites.

“DDoS attacks threaten organizations worldwide and challenge their ability to deliver critical services,” said Richard Hummel, threat intelligence lead, NETSCOUT. “With multi-terabit-per-second attacks now commonplace, and bad actors’ arsenals continuing to grow in sophistication and complexity, organizations need a strategy that can quickly adapt to the dynamic nature of the DDoS threat landscape.”

Additional highlights from NETSCOUT’s findings include:

  • Peak DDoS alert traffic in a single day reached as high as 436 petabits and more than 75 trillion packets. Service providers rigorously scrubbed a large percentage of this traffic, while enterprises eliminated an additional daily aggregate average of 345 terabytes of unwanted traffic.

  • Direct-path attacks have increased by 18% over the past three years, while traditional reflection/amplification attacks decreased by nearly the same, highlighting the need for a hybrid defense approach to weather the fluctuating attack methodology.

  • The U.S. national security sector experienced a massive 16,815% increase in attacks related to the pro-Russia Killnet group, including a spike in attacks after President Biden’s public remarks at the G7 Summit and another spike the same day the French and U.S. presidents re-affirmed their support for Ukraine.

  • NETSCOUT ASERT analysts tracked over 1.35 million bots from malware families like Mirai, Meris, and Dvinis in 2022, with enterprises receiving over 350,000 security-related alerts with botnet involvement. By contrast, service providers received approximately 60,000 alerts where bots were present.

  • Carpet-bombing attacks, a technique that simultaneously targets entire IP address ranges, increased by 110% from the first to the second half of 2022, with most attacks against ISP networks.

  • A barrage of DDoS attacks hammered EMEA’s optical instrument and lens manufacturing sector, resulting in a 14,137% increase, mainly against one major distributor with over 6,000 attacks over four months.

  • DDoS attacks on the wireless telecommunications industry have grown 79% since 2020, primarily due to the increase in 5G wireless to the home. It accounts for 20% of all DDoS attacks for a specific industry, second only to wired telecommunications carriers.

NETSCOUT's DDoS Threat Intelligence Report covers the latest trends and activities in the DDoS threat landscape. It incorporates data from NETSCOUT's ATLAS – part of the company’s Visibility Without Borders approach – along with expert insights from ASERT, NETSCOUT's security research team. ATLAS was built over two decades through work with more than 500 Internet Service Providers (ISPs) to create a sensor network that provides visibility into more than 400 Tbps of international transit every second of every day. As a result, ATLAS collects DDoS attack statistics from an average of 93 countries daily, encompassing over 50% of the world's internet traffic.

The visibility and insights compiled from the global attack data represented in the DDoS Threat Intelligence Report, and seen in the NETSCOUT Threat Horizon portal, fuel the ATLAS Intelligence Feed (AIF). In addition, AIF continuously arms NETSCOUT's security portfolio enabling it to automatically detect, adapt, and block threat activity for enterprises and service providers worldwide.

Visit our interactive website for more information on NETSCOUT's semi-annual DDoS Threat Intelligence Report. You can also find us on FacebookLinkedIn, and Twitter for threat updates and the latest trends and insights.

About NETSCOUT

NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT) protects the connected world from cyberattacks and performance and availability disruptions through the company’s unique visibility platform and solutions powered by its pioneering deep packet inspection at scale technology. NETSCOUT serves the world’s largest enterprises, service providers, and public sector organizations. Learn more at www.netscout.com or follow @NETSCOUT on LinkedIn, Twitter, or Facebook.

©2023 NETSCOUT SYSTEMS, INC. All rights reserved. NETSCOUT, the NETSCOUT logo, Guardians of the Connected World, Visibility Without Borders, Adaptive Service Intelligence, Arbor, ATLAS, Cyber Threat Horizon, InfiniStream, nGenius, nGeniusONE, and Omnis are registered trademarks or trademarks of NETSCOUT SYSTEMS, INC., and/or its subsidiaries and/or affiliates in the USA and/or other countries. Third-party trademarks mentioned are the property of their respective owners.



Contacts

Editorial Contacts:

Maribel Lopez
Manager, Marketing & Corporate Communications
+1 781 362 4330
maribel.lopez@netscout.com

Chris Shattuck
Finn Partners for NETSCOUT
+1 404 502 6755
NETSCOUT-US@FinnPartners.com