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Akamai Technologies (AKAM) Stock News, Apr-Aug 2023

AKAM Nasdaq

Akamai Technologies, Inc. reports developments in cybersecurity, cloud computing, and content delivery for enterprises, public-sector customers, media operators, and digital businesses. The company describes its business through Security, Delivery and other cloud applications, and Cloud Infrastructure Services, including Akamai Cloud and edge-based infrastructure.

Recurring updates include quarterly financial results, API security capabilities such as Security Posture Center and code-to-runtime mapping, brand-impersonation protection through Akamai Brand Guardian, threat research from State of the Internet reports, and partner or contract activity involving compute, streaming analytics, application delivery, and public-sector procurement.

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Akamai Technologies has launched the Prolexic Network Cloud Firewall, enhancing its DDoS protection capabilities. This new tool allows customers to manage their own access control lists (ACLs) and provides improved flexibility in securing network edges.

As DDoS attacks increase, fueled by readily available tools on the dark web and more internet-connected devices, Akamai's Prolexic platform boasts a mitigation capacity of 20 Tbps. The service protects a diverse set of clients, including businesses and governments, against complex DDoS threats.

The firewall facilitates proactive defenses and efficient traffic management, enabling clients to react swiftly to threats. Akamai emphasizes that this is a significant feature enhancement, allowing users to implement security measures rapidly and effectively.

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FAQ

What is the current stock price of Akamai Technologies (AKAM)?

Akamai Technologies (AKAM) last closed at $87.81.

What is the market cap of Akamai Technologies (AKAM)?

The market cap of Akamai Technologies (AKAM) is approximately $12.6B.