Bot-driven cyber attacks have proliferated during the pandemic, with Kasada observing a six-times increase in dodgy activity during the lockdown period as e-commerce activity spiked.
The blocker of malicious web traffic – bots are often deployed by local competitors to gather intelligence rather than offshore criminal syndicates – is expanding into the United States and has attracted venture capital from funds associated with KKR and the Central Intelligence Agency.
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James Eyers writes on banking, payments and fintech. He is a former legal and investment banking editor at the AFR, has degrees in commerce and law from UNSW, and is co-author of Buy now, pay later: The extraordinary story of Afterpay Connect with James on Twitter. Email James at jeyers@afr.com.au
