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Akamai Technologies Inc. (NASDAQ: AKAM), based in Cambridge, Mass., operates one of the world's largest and most recognized cloud platforms. The company’s core services include content delivery network (CDN), cloud security, and edge computing solutions. Akamai's extensive infrastructure includes over 325,000 servers distributed across more than 1,000 cities globally, ensuring that content is delivered with superior speed, security, and reliability.
One of Akamai's standout offerings is the Akamai Intelligent Platform™, which enables businesses to securely deliver high-performing user experiences on any device, anywhere. This platform is integral to the company's mission to remove technological complexities, allowing clients to focus on business acceleration and embracing modern trends like cloud, mobile, and media, while also mitigating the challenges posed by security threats.
Akamai's services are used extensively in e-commerce, media, and technological sectors. The company recently announced a partnership with Neural Magic to deploy high-powered AI software across its infrastructure, enhancing deep learning capabilities on cost-effective CPU-based servers. This partnership exemplifies Akamai’s commitment to cutting-edge innovation and enhancing its cloud computing and security offerings.
Adding to its diverse portfolio, Akamai has launched the Shield NS53 to protect DNS infrastructure against resource exhaustion attacks, complementing their existing DDoS protection and DNS solutions. Furthermore, Akamai's API Security product has achieved the latest PCI DSS compliance, highlighting its robust security measures for handling sensitive data.
Additionally, Akamai's acquisition of Noname Security is set to bolster its API protection capabilities, addressing the growing demand for API security solutions. The company has also demonstrated significant financial growth, with a notable increase in security and compute revenue, and continues to expand its market presence through strategic acquisitions and partnerships.
For the latest corporate updates, follow Akamai on social platforms like X (formerly Twitter) and LinkedIn, or visit their website at akamai.com.
Akamai Technologies (NASDAQ: AKAM) has enhanced its Account Protector security solution with new real-time capabilities designed to protect user accounts throughout their entire lifecycle. The upgraded solution now offers comprehensive protection against account opening abuse, takeover attacks, and fraudulent activities from account creation through post-login activities.
The enhanced features include lifecycle protection, flexible risk management, and advanced API operations for critical activities such as account updates, password changes, and payments. The system continuously monitors user behavior, analyzes risk signals, and initiates automated responses to balance security with user experience.
Akamai Technologies Inc. (NASDAQ: AKAM) announced that APIContext has joined the Akamai Qualified Compute Partner Program as an Independent Software Vendor (ISV). APIContext offers advanced API performance monitoring and compliance testing solutions, leveraging Akamai's global cloud platform to provide real-world, end-to-end monitoring.
APIContext has launched synthetic tests from 24 Akamai availability zones and utilizes various Akamai Linode services. This integration enables businesses to identify and address potential performance issues proactively. The partnership aims to bring proactive API performance monitoring to Akamai's customer base, ensuring high-performance, mission-critical APIs remain compliant, governable, and resilient across multiple regions.
The Akamai Qualified Compute Partner Program facilitates easy access to solution-based services interoperable with Akamai's cloud computing services for its customers.
Akamai Technologies (NASDAQ: AKAM) has announced the Behavioral DDoS Engine for its App & API Protector solution. This new capability uses machine learning for automatic, proactive protection against application-layer DDoS attacks. It offers advanced detection and mitigation by analyzing anomalies and correlating multidimensional traffic data.
The engine provides customized, hands-off protection tailored to specific traffic baselines and risk sensitivities, minimizing manual intervention. It leverages global DDoS intelligence from the Akamai platform for automatic updates and modernized defense.
Akamai is also introducing an AI Assistant embedded in its web security analytics, allowing users to quickly filter and query security insights via a chat-based interface. The release includes additional capabilities such as Rapid Rules for fast CVE and zero-day protection, and improvements to the Adaptive Security Engine.
Akamai Technologies (NASDAQ: AKAM) and Kyndryl (NYSE: KD) have announced a collaboration to offer Zero Trust Segmentation Services. Kyndryl teams worldwide are certified to provide implementation and managed services for Akamai Guardicore Segmentation under the Guardicore certified Service Provider (GcSP) program. This collaboration aims to help customers accelerate Zero Trust implementations and address evolving cybersecurity challenges.
The partnership combines Kyndryl's consulting expertise with Akamai's technology to offer a seamless solution for designing and achieving Zero Trust, segmentation, and network security objectives. The service helps increase cyber resiliency by limiting lateral movement of threats and securing organizational assets and data through robust authentication methods and real-time, risk-based access policies.
Akamai Technologies (NASDAQ: AKAM), the cloud company that powers and protects life online, has announced it will hold an investor conference call on Thursday, November 7, 2024, at 4:30 p.m. ET. The call will cover the company's third quarter 2024 financial results and may include forward-looking financial guidance from management. This event provides an opportunity for investors to gain insights into Akamai's recent performance and future outlook.
Akamai Technologies has announced a new native connector between Akamai API Security and Akamai Connected Cloud. This integration aims to simplify and accelerate the discovery and protection of APIs by enabling customers to send a copy of their Akamai Connected Cloud traffic directly to API Security for analysis and rapid attack blocking.
The native connector offers several benefits, including faster ROI with rapid, zero-touch deployment, reduced total cost of ownership, and rapid attack response with direct blocking capability at the Akamai edge. Akamai API Security's vendor-neutral approach allows integration with over 40 traffic sources, providing flexibility for organizations to use their preferred technologies while benefiting from advanced API security capabilities.
Currently, the native connector is used by more than 100 Akamai customers, analyzing over 300,000 APIs that generate over half a trillion monthly requests. The connector will be generally available on October 1, 2024.
Akamai Technologies (NASDAQ: AKAM) has achieved a company-wide ISO 14001 attestation, demonstrating its commitment to high standards for environmental management systems across its entire Akamai Connected Cloud. This internationally recognized standard provides a framework for organizations to continually improve their environmental performance.
The attestation ensures Akamai is taking proactive measures to minimize its environmental footprint, comply with legal requirements, achieve environmental objectives, and identify ways to continuously improve. Akamai's Environmental Management System (EMS) is designed to reduce the company's environmental impact, manage risks, and opportunities across its entire value chain.
Mike Mattera, director of corporate sustainability and ESG officer at Akamai, stated that this achievement is a testament to the company's commitment to environmental excellence. As a leader in the internet ecosystem, Akamai is pursuing five 2030 goals across its Connected Cloud to address pressing environmental concerns.
Akamai Technologies (NASDAQ: AKAM) has been named a Leader in the IDC MarketScape: Web Application and API Protection (WAAP) 2024 Vendor Assessment. The report highlights Akamai's comprehensive approach to addressing security, availability, integrity, and compliance requirements for modern digital businesses.
The IDC MarketScape praised Akamai's integrated delivery, performance, and security capabilities, noting that the company offers advanced and specialized features as optional add-ons. This strategy allows businesses to tailor solutions to their specific needs.
WAAP combines multiple security functions, including WAF, bot management, API security, and DDoS mitigation, into a unified platform. Akamai's recognition underscores its ability to help organizations protect their applications and APIs, which are important for business operations and customer satisfaction.
Akamai Technologies' latest State of the Internet (SOTI) report reveals that financial services remains the most targeted industry for DDoS attacks, accounting for 34% of such incidents. The surge in attacks is attributed to geopolitical tensions and increased hacktivist activities. Key findings include:
1. Financial services is most impacted by brand impersonation (36%) and phishing (68% of counterfeit domains).
2. Sharp increases in Layer 7 DDoS attacks targeting APIs, particularly undocumented shadow APIs.
3. DDoS event frequency doesn't always correlate with attack intensity.
4. Well-known threat actors like REvil, BlackCat, and Anonymous Sudan are involved in these attacks.
The report aims to help financial services cybersecurity professionals understand the complex threat landscape and implement best practices to protect customers.
Akamai (NASDAQ: AKAM) has joined the Streaming Video Technology Alliance (SVTA) as a Principal Member, following the merger of DASH Industry Forum and SVTA. This move aligns with Akamai's commitment to developing web and internet standards. As a pioneer in content delivery networks for video streaming, Akamai has been instrumental in advancing streaming video standards.
The company's involvement in SVTA aims to benefit media companies through greater standardization, improved viewing experiences, and innovation in areas like low-latency streaming and quality measurement. Akamai will showcase its cloud-based media delivery, computing, and security capabilities at IBC 2024 in Amsterdam, demonstrating its ongoing commitment to advancing streaming technologies and industry standards.
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