Here is the press release issued by Gladius:

IT Security Thought Leader Joseph Steinberg Appointed to Gladius Advisory Board

Veteran IT security executive will contribute towards advancing Gladius’ Blockchain-based DDoS Prevention Technology and Secure Content Distribution Network

College Park, MD — October 7, 2017 — Gladius, the world’s first blockchain-driven cyber-protection network, is proud to announce today that noted cybersecurity expert Joseph Steinberg has joined the company as an Advisory Board member. A 20-year veteran of the information security industry, Steinberg will contribute his expertise to help advance Gladius’ innovative Denial of Service protection and secure content network distribution services.

“Distributed Denial of Service (DDoS) attacks — cyberattacks in which perpetrators render a website or other resource unavailable to its intended users by overloading it with superfluous requests sent from numerous devices simultaneously — continue to pose a major risk to businesses and other organizations that rely on the Internet,” said Steinberg “Glaidus’ innovative use of the blockchain — the technology that allowed Bitcoin to transform online payments and Ethereum to transform smart contracts — has the potential to dramatically reduce the ability of criminals to execute such attacks, to lower the cost for businesses to mitigate against such attacks should they occur, and to allow consumers and businesses to capitalize on their underutilized bandwidth.”

Recent reports show that DDoS attacks have increased in frequency this year by a staggering 380 percent, and that each attack costs businesses an average of $500,000 in damage. Gladius offers an innovative solution to DDoS attacks that leverages blockchain technology to allow people and businesses to rent their unused bandwidth to parties requiring the extra bandwidth to mitigate against DDoS attacks.

“Gladius is committed to recruiting top talent — the best industry experts and leaders — to its Advisory Board. We are delighted to announce that Joseph Steinberg is joining our team in an advisory capacity. He brings a wealth of proven security and business experience, and we look forward to benefiting from his expert guidance,” said Gladius’ Founder and CEO, Max Niebylski.

About Joseph Steinberg

Joseph Steinberg is a recognized cybersecurity thought leader, CEO, and technology influencer. He has led businesses and divisions within the information-security industry for two decades, has been calculated to be one of the top three cybersecurity influencers worldwide, and has written the official study guide from which many CISOs study for their certification exams. He is also one of only 28 people worldwide to hold the suite of advanced information security certifications, CISSP, ISSAP, ISSMP, and CSSLP, indicating that he possesses a rare, robust knowledge of information security that is both broad and deep; his information-security-related inventions are cited in over 100 US patent filings. Steinberg is also one of the best read columnists in the cybersecurity field, and a respected authority on other “cool tech” products — having amassed millions of readers as a regular columnist for Forbes and Inc. magazines. He serves as an expert witness and consultant on matters related to information security and emerging technologies, and has founded and led several businesses; he is presently CEO of SecureMySocial, which recently brought to market the world’s first system to warn people in real time if they are making inappropriate social-media posts. Earlier, he served for a decade as CEO of cybersecurity firm, Green Armor Solutions, and in several senior capacities at Whale Communications, which was acquired by Microsoft. Steinberg was named by NJBiz as one of New Jersey’s top businesspeople under the age of forty, and has chaired the Financial Advisory Board for a NJ municipality with combined municipal and education budgets of ~$150M.

For more information please visit www.JosephSteinberg.com

About Gladius

Gladius is a decentralized DDoS mitigation and CDN platform facilitated by the Ethereum blockchain. Its vision is to build a competitive marketplace that allows users from all over the world to contribute their underutilized bandwidth to help safeguard and accelerate websites worldwide. Gladius plans to revolutionize the industry by providing better protection and faster content at a lower cost. Unlike tradition CDN and DDoS protection platforms, Gladius is pay-as-you-go. This way websites aren’t bogged down by gargantuan monthly fees and have the ability to be quick and nimble in the face of attackers. By connecting users to the closest nodes possible, Gladius will be able to get consumers to their destinations faster and safer than ever before. No more connecting to some distant data center. Now requests can be filtered in your own neighborhood! With an easy to use interface as well as powerful insight tools, Gladius can seamlessly integrate into any website, api, or web application. Furthermore, by keeping the comforts and usability of traditional protection services, Gladius includes all of the features you know and love, without the price.

For more information please visit www.Gladius.io.