STOCK TITAN

Akamai Redefines WAAP Simplicity and Automation with New App & API Protector

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Akamai Technologies (NASDAQ: AKAM) launched its App & API Protector, a next-generation web application and API protection (WAAP) solution aimed at enhancing security for modern applications. The new product features automatic API discovery, adaptive detection capabilities, continuous self-tuning, built-in bot mitigation, and automatic updates. Akamai's solution is designed to simplify security while protecting against an evolving threat landscape, with Gartner recognizing the company as a leader in the web application and API protection sector. The innovation aims to help organizations safeguard their digital experiences efficiently.

Positive
  • Launch of App & API Protector enhances security for modern applications.
  • Gartner's report ranks Akamai as a leader in web application and API protection.
  • Features like automatic API discovery and adaptive detection improve protection efficiency.
Negative
  • None.

CAMBRIDGE, Mass., Nov. 8, 2021 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the world's most trusted solution to power and protect digital experiences, today announces the launch of App & API Protector, the company's next-generation web application and API protection (WAAP) solution. It provides a holistic set of powerful protections built for today's modern applications and APIs with intelligent automation and simplicity.

Last month, Akamai released its latest State of the Internet / Security report, 'API: The Attack Surface That Connects Us All,' which highlighted the challenges organizations face in the evolving threat landscape, especially given that Gartner reported APIs will be the most frequent online attack vector by 2022. In fact, by design, API calls are easier and faster to automate than other software endpoints, making them an increasingly appealing target for cybercriminals.

With App & API Protector, Akamai customers have a single, integrated WAAP solution that is designed to deliver the strongest security outcomes, without compromising simplicity and ease of use. Key benefits include:

Automatic API discovery and security—Mitigate API-related risks and vulnerabilities with continuous discovery of known, unknown, and evolving APIs. API requests are automatically discovered and inspected for malicious code; and optional API security controls can be enforced at the edge to activate positive API security models. Gartner's 2021 Critical Capabilities report gave Akamai the top spot for the use case on API programmability and security.

Adaptive and more accurate detections—Detect up to two times more attacks compared to traditional rulesets. Adaptive, threat-based detection employs a multidimensional threat scoring model that combines Akamai's platform intelligence with data/metadata from each web and API request. This data is actioned with decision-making logic that accurately identifies and stops stealthy attacks with surgical-grade precision.

Continuous self-tuning—Akamai's Adaptive Security Engine not only keeps pace with rapidly evolving threats but reduces false positives by up to five times to alleviate the effort required to maintain and tune policies. Security triggers, whether true attacks or those misidentified as attacks, are automatically and continuously analyzed with machine learning to deliver highly accurate policy-by-policy tuning recommendations with a 1-click implementation.

Built-in bot mitigation—Automatically detect and mitigate unwanted bots with built-in bot visibility and mitigation capabilities. Akamai's industry-leading bot technology features an expansive directory of 1,500+ known bots and provides customers with the ability to create and define bots to proactively monitor analytics and prevent attacks. For more persistent, adversarial bot operators, Akamai offers its category-leading Bot Manager solution to mitigate that threat.

Automatic updates—Enable a "hands off" approach to WAAP with adaptive protections fully managed by Akamai. Our world-class security researchers use advanced machine learning and data mining techniques to continuously analyze over 303TB of daily attack data and automatically update protections against the latest threats. Customers can also opt for manual/evaluation mode of operation to minimize any unexpected impact of new updates.

DevOps integration made simple—Easily integrate WAAP capabilities using the Akamai CLI, Terraform, or scripts in the CI/CD automation pipeline. Enable rapid onboarding of applications, ensure uniform security policy management across large application and API portfolios, and centralize security enforcement across hybrid and multi-cloud infrastructures.

"As the online threat landscape continues to evolve, the need for a holistic, adaptive approach to web application and API security is clear. With the introduction of our new App & API Protector, Akamai customers now have a single, holistic solution that makes sophisticated protection extremely simple," said Amol Mathur, Vice President of Product Management, Akamai. "This builds on Akamai's proven security technologies, introducing new levels of sophisticated, automated intelligence to keep our customers a step ahead of the cybercriminals."

In September, Akamai was named a Leader in the Gartner Magic Quadrant for Web Application and API Protection report and placed highest in the Ability to Execute among the companies evaluated for their ability to protect web applications and APIs. In addition, Akamai also received the highest scores for three of the four Use Cases in the 2021 Gartner Critical Capabilities for Cloud Web Application and API Protection report, including the API Security Use Case.

To learn more about Akamai's designation as a Leader in the Gartner, Magic Quadrant for Web Application and API Protection, 20 September 2021, a complimentary copy of the report is available here.

For more information about App & API Protector, visit here.

About Akamai
Akamai powers and protects life online. The most innovative companies worldwide choose Akamai to secure and deliver their digital experiences - helping billions of people live, work, and play every day. With the world's largest and most trusted edge platform, Akamai keeps apps, code, and experiences closer to users - and threats farther away. Learn more about Akamai's security, content delivery, and edge compute products and services at www.akamai.com, blogs.akamai.com, or follow Akamai Technologies on Twitter and LinkedIn.

Akamai Statement Under the Private Securities Litigation Reform Act
This release contains information about future expectations, plans and prospects of Akamai's management that constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors including, but not limited to, failure of the solutions to operate as expected or to address intended market needs, a failure of Akamai's network infrastructure, and other factors that are discussed in Akamai's Annual Report on Form 10-K, quarterly reports on Form 10-Q, and other documents periodically filed with the SEC.

Contacts:

Helen Yang
Media Relations      
858-404-1436 
hyang@akamai.com                      

Tom Barth 
Investor Relations    
617-274-7130       
tbarth@akamai.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/akamai-redefines-waap-simplicity-and-automation-with-new-app--api-protector-301417763.html

SOURCE Akamai Technologies, Inc.

FAQ

What is Akamai's new App & API Protector?

Akamai's App & API Protector is a next-generation web application and API protection (WAAP) solution designed to enhance security for modern applications with features like automatic API discovery and adaptive detection.

How does Akamai's App & API Protector improve API security?

The solution improves API security by continuously discovering and inspecting API requests, automatically mitigating risks, and employing advanced detection capabilities to identify and stop attacks.

When was the App & API Protector launched by Akamai?

Akamai launched the App & API Protector on November 8, 2021.

What recognition did Akamai receive regarding its API Protector?

Akamai was named a leader in the Gartner Magic Quadrant for Web Application and API Protection, highlighting its strong capabilities in protecting web applications and APIs.

Akamai Technologies Inc

NASDAQ:AKAM

AKAM Rankings

AKAM Latest News

AKAM Stock Data

14.16B
147.40M
1.84%
98.73%
5.98%
Software - Infrastructure
Services-business Services, Nec
Link
United States of America
CAMBRIDGE