Welcome to our dedicated page for Lumen Technologies news (Ticker: LUMN), a resource for investors and traders seeking the latest updates and insights on Lumen Technologies stock.
Lumen Technologies reports developments in enterprise communications, programmable networking, and network services for businesses. Company updates describe operating results, transformation initiatives, metro connectivity, long-haul data transport, edge cloud, security, managed services, and digital platform capabilities used to connect people, data, and applications.
Recurring LUMN news also covers capital-structure actions involving senior notes, tender offers, exchange offers, consent solicitations, credit arrangements, and subsidiary debt issuers such as Qwest and Level 3 entities. Additional updates address investor presentations, shareholder voting matters, material agreements, and leadership or governance changes tied to the company's telecom and enterprise-network operations.
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Lumen Technologies (NYSE: LUMN) has released its Q1 2023 DDoS and Application Threat Report, highlighting a significant rise in sophisticated DDoS attacks. The report, which now includes data from ThreatX, reveals that Lumen mitigated over 8,600 DDoS attacks in Q1, a 40% increase year-over-year. Notably, the use of DNS water torture attacks surged by 417%, while a complex multi-vector attack was recorded using six different vectors. The telecommunications sector remains a primary target, accounting for 85% of the largest DDoS attacks. ThreatX blocked 25 billion requests, with bots responsible for over 30% of blocked traffic, underscoring the need for advanced security measures across digital platforms.
Lumen Technologies (NYSE: LUMN) has expanded its Secure Access Service Edge (SASE) product suite through a new partnership with Versa Networks, recognized as the Unified SASE Market Share Leader by Dell'Oro Group. This collaboration allows Lumen to offer enhanced solutions for secure digital transformation, leveraging Versa's advanced software for networking and security.
Additionally, Lumen introduced Rapid Threat Defense, a new capability that blocks malicious traffic before it reaches customer environments. This feature is powered by Black Lotus Labs, Lumen's in-house threat intelligence team, which enhances threat management by utilizing network-level insights.
Lumen Technologies (NYSE: LUMN) has announced the launch of 400G IP transit ports across its Tier 1 internet backbone network in the U.S. and EMEA. This strategic move aims to cater to the increasing demand for high-bandwidth connections from businesses, hyperscalers, and content providers. The company's AS3356 network is recognized as the world's most peered network, experiencing a 38% traffic growth year-over-year in 2021 and 16% in 2022. With this expansion, Lumen enhances its High Speed IP (HSIP) Service offering, simplifying bandwidth management for clients and expanding its availability across multiple major markets, with aggressive plans for further growth through 2024.