Snap Inc’s Stock reaches a Record Low
Snap has hit the all time low figure for its share price, closing at $4.85 on Friday. Ever since the company was made public last year, the share price has been dropping only. Opening at $17, the company is today at less than $5. Just ahead of Christmas holidays, having such a blow is proving harmful for the company.
This drop took place as the investors started questioning the future of Snapchat. The company has failed to impress its investors on how it plan on making the product successful in future and grow its user base. Moreover, with rate hikes of Federal Reserve and impending government shutdown, the company is facing a lot of struggles.
And these struggles are not just it.
There is a head on collision of Snapchat with Instagram, which copied its stories feature and has now become one of the biggest growing social media platform. Add to that, some of the bad decisions taken by Snap Inc., such as changing the design of the product very quickly which received a lot of criticism. This eventually led the company to change the design again.
Also, since Snap couldn’t meet the internal goals this year, its employees will also not be getting any cash bonus for the 2nd consecutive year. Many major heads of the company have also left, such as engineering head, communication lead, marketing head, business head, and so on.
Ever since it has been launched, after just a minor rise, it is dropping rapidly. And the fall has become more prominent in the last few days.
Poor redesign in Q1, and impending Government actions, clubbed with failure to win over the investors are some of the major causes why Snap Inc’s stock has reached a record low on Friday.
CDN Security: Protecting Your Content and Users
Cyber attacks are becoming more sophisticated and can cause companies severe disruption and financial loss. On average, IT outages cost companies $5,600 per minute. That’s why providing layered cloud protection is essential to improve organizations’ security. The CDN service guarantees such protection, so today, we will delve into what it is and what advantages it provides to users and organizations.
What is CDN security?
The main task of a CDN is to speed up page loading and improve website performance. Along with that, CDN also helps improve security. CDNs are content delivery networks comprising geographically distributed servers connected and optimized through private global networks. This allows the CDN to avoid overloading ISPs and public networks.
The technology is based on caching, where copies of the content are stored on different data processing servers and local caching servers worldwide. Content is served from edge servers closer to users than from the origin server. This is how technology ensures fast, reliable, and secure content delivery. Almost every popular service you use currently uses such solutions: from Netflix and YouTube to online game providers, large e-commerce companies, and government and public institutions.
How does a CDN improve the security of a website and its users?
A content delivery network uses reverse proxy technology to place its servers in front of websites at the network’s edge. This allows CDNs to prevent threats such as DDoS attacks before they even reach a website. In addition, a CDN can balance the load by efficiently distributing traffic between servers, which helps avoid congestion. It also sits at the network’s edge, filtering threats before they reach a website.
How to choose reliable CDN protection?
It’s worth using an integrated, intelligent CDN security solution, and this is precisely what GCore offers its customers. In addition, it is important to pay attention to the following points:
- The service must include advanced threat detection capabilities, such as sophisticated bot attacks, malware, and layer 7 DDoS attacks.
- A CDN must provide encryption to protect against network failures and other threats.
- Evaluate your network size and security infrastructure to select the optimal service package.
- Give preference to solutions compatible with the SSL certificates used.
Integrated, intelligent CDN security solutions with analytics and reporting are among the services the GCore team offers. Take care of your online security with GCore before cyber threats become a real problem rather than a potential one.
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