Rene Papaesch, CTO at Riskwolf, jumped onto the pod to have a quick discussion about Akamai’s DNS outage and its technical and financial implications. 

Some of the things we discussed:

• What is a Domain Name Server (DNS) and what happens when it breaks?
• What is a Content Delivery Network (CDN) and why are they significant?
• The concentration in the services that drive the internet
• What actually happened to Akamai
• How internet outages and downtimes can create reputational and financial risks
• A parametric insurance solution can mitigate some of the financial risks