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Akamai Announces Intent to Achieve FedRAMP High and DoD Impact Levels 4 and 5 Accreditations

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Akamai Technologies (NASDAQ: AKAM) has announced its intent to achieve FedRAMP High accreditation and DoD Impact Levels 4 and 5 accreditations through its Defense Edge initiative. These accreditations will build upon Akamai's existing FedRAMP Moderate accreditation, enabling the company to serve federal entities with elevated security and compliance requirements.

The FedRAMP High accreditation involves rigorous compliance with comprehensive security controls for protecting highly sensitive government data. DoD CC SRG Impact Levels 4 and 5 will allow Akamai to engage with law enforcement, defense, and national security workloads. These efforts align with the increasing demand for robust cybersecurity measures in the public sector and highlight Akamai's commitment to innovation, security, and customer trust.

Akamai Technologies (NASDAQ: AKAM) ha annunciato la sua intenzione di ottenere l'accreditamento FedRAMP High e gli accreditamenti DoD Impact Levels 4 e 5 attraverso la sua iniziativa Defense Edge. Questi accreditamenti si baseranno sull'accreditamento FedRAMP Moderate esistente di Akamai, consentendo all'azienda di servire enti federali con requisiti di sicurezza e conformità elevati.

L'accreditamento FedRAMP High implica una rigorosa conformità a controlli di sicurezza completi per la protezione dei dati governativi altamente sensibili. Gli Impact Levels 4 e 5 del DoD CC SRG permetteranno ad Akamai di collaborare con carichi di lavoro di giustizia, difesa e sicurezza nazionale. Questi sforzi sono allineati con la crescente domanda di misure di cybersicurezza robuste nel settore pubblico e evidenziano l'impegno di Akamai verso l'innovazione, la sicurezza e la fiducia dei clienti.

Akamai Technologies (NASDAQ: AKAM) ha anunciado su intención de obtener la acreditación FedRAMP High y las acreditaciones de los Niveles de Impacto 4 y 5 del DoD a través de su iniciativa Defense Edge. Estas acreditaciones se basarán en la acreditación FedRAMP Moderate existente de Akamai, permitiendo a la empresa servir a entidades federales con requisitos de seguridad y cumplimiento elevados.

La acreditación FedRAMP High implica el cumplimiento riguroso de controles de seguridad exhaustivos para la protección de datos gubernamentales altamente sensibles. Los Niveles de Impacto 4 y 5 de DoD CC SRG permitirán a Akamai involucrarse con cargas de trabajo de aplicación de la ley, defensa y seguridad nacional. Estos esfuerzos están alineados con la creciente demanda de medidas robustas de ciberseguridad en el sector público y destacan el compromiso de Akamai con la innovación, la seguridad y la confianza del cliente.

Akamai Technologies(NASDAQ: AKAM)는 Defense Edge 이니셔티브를 통해 FedRAMP High 인증DoD 임팩트 레벨 4 및 5 인증을 획득할 의사를 발표했습니다. 이러한 인증은 Akamai의 기존 FedRAMP Moderate 인증을 기반으로 하여, 연방 기관에 높은 보안 및 준수 요구 사항을 충족하는 서비스를 제공할 수 있게 합니다.

FedRAMP High 인증은 매우 민감한 정부 데이터를 보호하기 위한 포괄적인 보안 제어를 엄격하게 준수해야 합니다. DoD CC SRG 임팩트 레벨 4와 5는 Akamai가 법 집행, 방어 및 국가 안보 관련 업무에 참여할 수 있게 해줍니다. 이러한 노력은 공공 부문에서 강력한 사이버 보안 조치에 대한 수요 증가에 부응하며, 혁신, 보안 및 고객 신뢰에 대한 Akamai의 헌신을 강조합니다.

Akamai Technologies (NASDAQ: AKAM) a annoncé son intention d'obtenir l'accréditation FedRAMP High et les accréditations DoD Niveaux d'Impact 4 et 5 à travers son initiative Defense Edge. Ces accréditations s'appuieront sur l'accréditation FedRAMP Moderate existante d'Akamai, permettant à l'entreprise de servir des entités fédérales avec des exigences de sécurité et de conformité élevées.

L'accréditation FedRAMP High implique une conformité rigoureuse à des contrôles de sécurité complets pour protéger des données gouvernementales hautement sensibles. Les Niveaux d'Impact 4 et 5 de DoD CC SRG permettront à Akamai de s'engager avec des charges de travail liées à l'application de la loi, à la défense et à la sécurité nationale. Ces efforts sont en adéquation avec la demande croissante de mesures de cybersécurité robustes dans le secteur public et soulignent l'engagement d'Akamai envers l'innovation, la sécurité et la confiance des clients.

Akamai Technologies (NASDAQ: AKAM) hat seine Absicht angekündigt, die FedRAMP High-Akkreditierung und die DoD Impact Levels 4 und 5 Akkreditierungen über seine Defense Edge-Initiative zu erreichen. Diese Akkreditierungen bauen auf der bestehenden FedRAMP Moderate-Akkreditierung von Akamai auf und ermöglichen es dem Unternehmen, Bundesbehörden mit erhöhten Sicherheits- und Compliance-Anforderungen zu bedienen.

Die FedRAMP High-Akkreditierung erfordert eine strenge Einhaltung umfassender Sicherheitskontrollen zum Schutz hochsensibler Regierungsdaten. Die DoD CC SRG Impact Levels 4 und 5 ermöglichen es Akamai, sich mit Aufgaben in den Bereichen Strafverfolgung, Verteidigung und nationale Sicherheit zu befassen. Diese Bemühungen stehen im Einklang mit der wachsenden Nachfrage nach robusten Cybersicherheitsmaßnahmen im öffentlichen Sektor und heben Akamais Engagement für Innovation, Sicherheit und Kundentrust hervor.

Positive
  • Pursuing FedRAMP High and DoD Impact Levels 4 and 5 accreditations
  • Potential to support a broader range of federal workloads, including highly sensitive information
  • Expanding capabilities to serve law enforcement, defense, and national security sectors
  • Aligning with increasing demand for robust cybersecurity in the public sector
Negative
  • None.

Insights

Akamai's pursuit of FedRAMP High and DoD Impact Levels 4 and 5 accreditations is a significant move in the cybersecurity landscape. These certifications are notoriously difficult to achieve, requiring stringent security controls and rigorous compliance measures. The FedRAMP High accreditation is particularly noteworthy, as it's designed for systems that handle the most sensitive, unclassified data in government agencies.

From a technical standpoint, this initiative, dubbed 'Defense Edge', will likely involve substantial enhancements to Akamai's already robust security infrastructure. We can expect to see improvements in areas such as:

  • Advanced encryption protocols
  • Enhanced access controls and multi-factor authentication
  • Rigorous data isolation and protection measures
  • Comprehensive audit logging and monitoring capabilities

The pursuit of DoD CC SRG Impact Levels 4 and 5 is equally impressive. These levels are required for handling Controlled Unclassified Information (CUI) and mission-critical information, respectively. This move positions Akamai to potentially handle some of the most sensitive data within the Department of Defense.

For investors, this initiative signals Akamai's strong commitment to expanding its footprint in the lucrative federal market. The federal cloud market is expected to grow significantly, with some estimates projecting it to reach $16.8 billion by 2025. By positioning itself to meet the highest security standards, Akamai is setting the stage for potential long-term growth in this sector.

Akamai's announcement to pursue these high-level accreditations is a strategic move that could significantly expand its addressable market within the federal sector. The FedRAMP High and DoD Impact Levels 4 and 5 accreditations are not just badges of honor; they're keys to unlocking substantial government contracts.

Here's why this matters:

  • Competition: Only a handful of companies currently hold these accreditations, which could give Akamai a competitive edge in bidding for high-value contracts.
  • Long-Term Revenue Streams: Government contracts, especially those involving sensitive data, tend to be long-term and stable, providing predictable revenue streams.
  • Upselling Opportunities: These accreditations could allow Akamai to upsell its existing federal clients to more comprehensive, higher-value services.

It's worth noting that Akamai already has a 20-year history of partnering with U.S. government agencies. This existing relationship, combined with the new accreditations, could position them as a preferred vendor for critical infrastructure projects.

However, investors should be aware that the process of achieving these accreditations can be lengthy and costly. It often takes 12-18 months and can require significant investment in infrastructure, personnel and compliance measures. The payoff, though, can be substantial. Companies with these accreditations have reported revenue increases of 20% to 30% in their government business segments.

While this move doesn't guarantee immediate financial gains, it sets the stage for potential long-term growth in a stable, high-value market segment. Investors should monitor Akamai's progress in achieving these accreditations and subsequent contract wins in the federal sector.

Accreditations address requirements to serve federal entities that demand elevated security and compliance

CAMBRIDGE, Mass., July 31, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, today announced its intent to achieve the Federal Risk and Authorization Management Program (FedRAMP) High accreditation for its comprehensive portfolio of services through an initiative called Defense Edge. In addition, Akamai will also pursue the U.S. Department of Defense (DoD) Cloud Computing Security Requirements Guide (CC SRG) Impact Levels 4 and 5 accreditations. The achievement will build upon Akamai's existing FedRAMP Moderate accreditation, further demonstrating Akamai's commitment to providing secure, reliable, and high-performance solutions to federal agencies. It will also help Akamai deliver advanced cloud services to support the mission-critical operations of the U.S. military and national defense agencies.

"These accreditations mark a significant step in Akamai's journey to enhance our security offerings for federal and defense clients," said Mani Sundaram, Executive Vice President and General Manager, Security Technology Group, Akamai. "Akamai has been a partner with U.S. government agencies for more than 20 years. We understand the evolving threat landscapes, unique challenges, and stringent security requirements that government agencies face, and we're dedicated to meeting those standards."

FedRAMP High requires rigorous compliance with a set of comprehensive security controls to ensure the protection of highly sensitive government data. The accreditation will position Akamai to support a broader range of federal workloads, including those involving the most sensitive and critical information.

Achieving DoD CC SRG Impact Levels 4 and 5 will further affirm Akamai's ability to engage with law enforcement, defense, and national security workloads. These accreditations are crucial for serving the DoD and other federal entities that require elevated levels of security and compliance.

"Akamai's pursuit of these accreditations is driven by our commitment to safeguarding the nation's most critical systems," said Boaz Gelbord, Chief Security Officer, Akamai. "Our advanced security technologies and extensive experience delivering secure cloud services make us a trusted partner for federal agencies."

Akamai's initiatives align with the increasing demand for robust cybersecurity measures in the public sector, ensuring that federal agencies can deploy cutting-edge technologies while maintaining the highest levels of security and compliance. These efforts highlight Akamai's dedication to innovation, security, and customer trust.

Learn more about Akamai's Public Sector security solutions.

About Akamai Public Sector Solutions

The Akamai platform delivers layered cybersecurity, user experience, IT and cloud modernization, and edge compute solutions that help public sector agencies meet their most rigorous security, modernization, and user experience challenges — without sacrificing performance. The solutions run on the world's largest, most distributed, cloud-agnostic platform for public sector agencies, assuring the security, performance, and resiliency of workflows and critical apps in any environment — on-premises, across clouds, and out to the edge, wherever that edge may be.

About Akamai

Akamai powers and protects life online. Leading companies worldwide choose Akamai to build, deliver, and secure their digital experiences — helping billions of people live, work, and play every day. Akamai Connected Cloud, a massively distributed edge and cloud platform, puts apps and experiences closer to users and keeps threats farther away. Learn more about Akamai's cloud computing, security, and content delivery solutions at akamai.com and akamai.com/blog, or follow Akamai Technologies on X, formerly known as Twitter, and LinkedIn.

CONTACT: Akamai PR, akamaiPR@akamai.com

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SOURCE Akamai Technologies

FAQ

What accreditations is Akamai (AKAM) pursuing for federal and defense clients?

Akamai is pursuing FedRAMP High accreditation and DoD Cloud Computing Security Requirements Guide (CC SRG) Impact Levels 4 and 5 accreditations.

How will these accreditations benefit Akamai's (AKAM) federal clients?

These accreditations will allow Akamai to support a broader range of federal workloads, including those involving highly sensitive and critical information, as well as law enforcement, defense, and national security workloads.

What is Akamai's (AKAM) Defense Edge initiative?

Defense Edge is Akamai's initiative to achieve FedRAMP High accreditation for its comprehensive portfolio of services, aimed at serving federal entities that demand elevated security and compliance.

How long has Akamai (AKAM) been partnering with U.S. government agencies?

Akamai has been a partner with U.S. government agencies for more than 20 years, according to the press release.

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