AKAM

Akamai Expands Offerings in Hybrid DNS Infrastructure Security with Shield NS53

Retrieved on: 
Tuesday, April 9, 2024
ROI, GM, DNS, Face, AKAM, Reputational damage, SVP, Policy, Infrastructure, Organization, Shield, Carahsoft, Denial-of-service attack, Investment, Domain Name System, API, Infrastructure security, Cryptocurrency

CAMBRIDGE, Mass., April 9, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, today announced the launch of Akamai Shield NS53, a product that protects on-premises (on-prem) Domain Name System (DNS) infrastructure from resource exhaustion attacks. These attacks overwhelm servers to the point that they can no longer respond to valid DNS queries. The new offering complements Akamai Edge DNS, which is a comprehensive cloud-based DNS solution, and Akamai Prolexic, the industry-leading distributed denial-of-service (DDoS) protection platform for Layer 3 and Layer 4 attacks.

Key Points: 
  • In the fourth quarter of 2023, more than 60% of the DDoS attacks mitigated by Akamai had a DNS component, emphasizing why the security, availability, and reliability of critical DNS infrastructure remains a high priority for digital infrastructure security leaders.
  • Security leaders can now rapidly and easily deploy Akamai Shield NS53 to protect their on-prem and hybrid DNS infrastructure from such attacks.
  • Additionally, Shield NS53 improves and optimizes the total cost of ownership and the ROI of customers' investments in their existing on-prem or hybrid DNS infrastructure.
  • Akamai is leveraging its global partner ecosystem and extensive on-premises enterprise infrastructure security expertise to assist customers in onboarding Akamai Shield NS53.

Akamai Research Finds 29% of Web Attacks Target APIs

Retrieved on: 
Tuesday, March 19, 2024
Cloud, Cross-site scripting, Organization, Attack, AKAM, Risk, File inclusion vulnerability, Internet, SQL, Research, XSS, Commerce, Behavior, Heart, LFI, API, Posture, APJ, Legislation, Risk management

CAMBRIDGE, Mass., March 19, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, today released a new State of the Internet (SOTI) report. Lurking in the Shadows: Attack Trends Shine Light on API Threats highlights the array of attacks that are targeting APIs and finds that 29% of overall web attacks targeted APIs from January through December 2023. Commerce is the most attacked vertical with 44% of API attacks, followed by business services at nearly 32%.

Key Points: 
  • Lurking in the Shadows: Attack Trends Shine Light on API Threats highlights the array of attacks that are targeting APIs and finds that 29% of overall web attacks targeted APIs from January through December 2023.
  • Commerce is the most attacked vertical with 44% of API attacks, followed by business services at nearly 32%.
  • The new SOTI notes that these attacks will continue to spike as the demand for API use increases, and urges organizations to properly account for and secure their APIs.
  • The SOTI series provides expert insights on the cloud security and web performance landscapes, based on data gathered from Akamai Connected Cloud.

Akamai and Neural Magic Partner to Accelerate Deep Learning AI

Retrieved on: 
Tuesday, March 12, 2024
Cloud, Organization, Nervous system, GPU, AKAM, Partnership, MIT, SVP, Artificial intelligence, Running, AI, Software, Specialization, Deep learning, Cloud computing, CPU, Magic, Video game

CAMBRIDGE, Mass., March 12, 2024 /PRNewswire/ -- Akamai Technologies (NASDAQ: AKAM), the cloud company that powers and protects life online, and Neural Magic, a developer of software that accelerates artificial intelligence (AI) workloads, today announced a strategic partnership intended to supercharge deep learning capabilities on Akamai's distributed computing infrastructure. The combined solution gives enterprises a high-performing platform to run deep learning AI software efficiently on CPU-based servers. As an Akamai Qualified Computing Partner, Neural Magic's software will be made available alongside the products and services that power the world's most distributed platform for cloud computing, security, and content delivery.

Key Points: 
  • The combined solution gives enterprises a high-performing platform to run deep learning AI software efficiently on CPU-based servers.
  • Neural Magic's solution enables deep learning models to run on cost-efficient CPU-based servers rather than on expensive GPU resources.
  • "Scaling Neural Magic's unique capabilities to run deep learning inference models across Akamai gives organizations access to much-needed cost efficiencies and higher performance as they move swiftly to adopt AI applications."
  • Akamai and Neural Magic share a common origin, both having been born out of Massachusetts Institute of Technology (MIT).

Scaleflex Joins Akamai Qualified Computing Partner Program

Retrieved on: 
Thursday, March 7, 2024
Cloud, Marketing, Senior, CMS, API, PIM, Commerce, AKAM, MACH, Cloud computing, Travel, Partnership, Video game

CAMBRIDGE, Mass., March 7, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, today announced a partnership with Scaleflex, the first visual experience platform to join the Akamai Qualified Computing Partner Program .

Key Points: 
  • CAMBRIDGE, Mass., March 7, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, today announced a partnership with Scaleflex, the first visual experience platform to join the Akamai Qualified Computing Partner Program .
  • "Akamai is pleased to make Scaleflex available to joint customers through our Qualified Computing Partner Program," said Matt Berk, Senior Vice President of Sales at Akamai.
  • The Akamai Qualified Computing Partner Program is designed to make solution-based services that are interoperable with Akamai cloud computing services easily accessible to Akamai customers.
  • To learn more about the Akamai Qualified Computing Partner Program or to join the leading technology companies that partner with Akamai, visit the Akamai Technology Partner Program page .

DDoS Attacks on Financial Services Industry Up 154%, According to New FS-ISAC/Akamai Report

Retrieved on: 
Wednesday, March 6, 2024
Attack, Critical, Growth, Data-rate units, Smoke, Hacktivism, MPPs, AKAM, Organization, Denial-of-service attack, Research, Insurance, Hygiene, Arms industry

RESTON, Va. and CAMBRIDGE, Mass., March 6, 2024 /PRNewswire/ -- FS-ISAC, the member-driven, not-for-profit organization that advances cybersecurity and resilience in the global financial system, and Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, today released new research on the surge of distributed denial-of-service (DDoS) attacks threatening the financial services sector and its customers.

Key Points: 
  • The report, DDoS: Here to Stay , revealed that more than one-third (35%) of all DDoS attacks in 2023 were aimed at the financial services industry, which has surpassed the gaming sector as the most-attacked vertical.
  • Driven by a dramatic surge in the power of botnets and hacktivism motivated by the Russia-Ukraine War, the financial services industry experienced a 154% increase in DDoS attacks between 2022 to 2023.
  • Hacktivists and DDoS attacks can disrupt business operations, leading to a loss of credibility, customer trust, and financial damage.
  • In APAC, financial services ranked as the third-most attacked sector, representing 11% of DDoS attacks.

Akamai Unveils New Capabilities in App & API Protector to Strengthen and Simplify Security Defenses

Retrieved on: 
Monday, March 4, 2024
Senior, Catalog, API, CVE, Database, Application, AKAM, App, Machine learning, Denial-of-service attack, URL, Application security, Risk management

CAMBRIDGE, Mass., March 4, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, today announced significant additions to its flagship Akamai App & API Protector product, including advanced defenses against sophisticated application-layer distributed denial-of-service (DDoS) attacks. The enhanced Layer 7 DDoS protections now precisely detect and mitigate short DDoS attack bursts and use client reputation scores for improved rate limiting. An additional new capability, URL Protection, ensures the availability of mission critical URLs, APIs, and microservices by smartly prioritizing legitimate traffic during highly distributed attacks.

Key Points: 
  • App & API Protector also now features Browser Impersonation Detection, which uses machine learning to gain deeper insights into browser behaviors while minimizing false positives and enabling more effective detection of malicious bots.
  • "These machine learning enhancements and shared telemetry across Akamai are designed to strengthen and simplify web application and API defense.
  • The newly announced capabilities reflect Akamai's dedication to enhancing the security posture of its clients.
  • App & API Protector gives customers proactive, intelligent defense solutions equipped to handle the threats of today — and tomorrow.

Akamai Extending Industry-Leading Segmentation Solution to Hybrid Cloud Environments

Retrieved on: 
Tuesday, February 27, 2024
Cloud, Senior, Akamai Technologies, Intelligence, Azure, Microsoft Azure, Rest, AKAM, DevOps, Organization, Policy, Microsoft, Environment, Video game

CAMBRIDGE, Mass., Feb. 27, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, today announced that it is extending its industry-leading segmentation solution, Akamai Guardicore Segmentation, to hybrid cloud environments. Extending Akamai Guardicore Segmentation to the cloud helps reduce attack surfaces and helps contain attacks targeting cloud-native workloads. Network security professionals can seamlessly manage segmentation across their public cloud environments with the benefits of faster time to policy deployment, single network governance across data centers, and reduced management complexity — all through a single interface. Akamai Guardicore Segmentation will be initially available for Microsoft Azure deployments via Azure Marketplace, followed by Akamai Connected Cloud beginning later this year.

Key Points: 
  • CAMBRIDGE, Mass., Feb. 27, 2024 /PRNewswire/ -- Akamai Technologies , Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, today announced that it is extending its industry-leading segmentation solution, Akamai Guardicore Segmentation, to hybrid cloud environments.
  • Extending Akamai Guardicore Segmentation to the cloud helps reduce attack surfaces and helps contain attacks targeting cloud-native workloads.
  • Akamai Guardicore Segmentation will be initially available for Microsoft Azure deployments via Azure Marketplace , followed by Akamai Connected Cloud beginning later this year.
  • Scalable and secure solution ensures data does not leave your cloud environment and solution architecture scales automatically within it.

Akamai Takes Cloud Computing to the Edge

Retrieved on: 
Tuesday, February 13, 2024
Cloud, Linode, Research, Internet of things, CDN, City, AKAM, Cloud computing, Machine learning, IDC, Video game

CAMBRIDGE, Mass., Feb. 13, 2024 /PRNewswire/ -- Akamai Technologies (NASDAQ: AKAM), the cloud company that powers and protects life online, today unveiled plans to embed cloud computing capabilities into its massive edge network. Akamai's Generalized Edge Compute (Gecko) advances Akamai's strategy to be the cloud computing platform for companies that want to deliver better experiences by running workloads closer to users, devices, and sources of data.

Key Points: 
  • CAMBRIDGE, Mass., Feb. 13, 2024 /PRNewswire/ -- Akamai Technologies (NASDAQ: AKAM), the cloud company that powers and protects life online, today unveiled plans to embed cloud computing capabilities into its massive edge network.
  • By injecting cloud computing into places that traditional cloud providers have struggled to reach, developers will no longer have to think about building for the cloud or building for the edge.
  • By adding Linode to its network and building out more core computing regions over the past year, Akamai has transformed Akamai Connected Cloud into the most distributed cloud computing platform on the planet.
  • Beyond these 10 new Gecko locations and its existing 25 core computing regions, Akamai intends to add hundreds of cities to its global cloud computing footprint over the next several years.

AKAMAI REPORTS FOURTH QUARTER 2023 AND FULL-YEAR 2023 FINANCIAL RESULTS

Retrieved on: 
Tuesday, February 13, 2024
Cloud, Cloud computing, International, Akamai Technologies, Total, Computing, Adjustment, GAAP, AKAM, EPS, Security

CAMBRIDGE, Mass., Feb. 13, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, today reported financial results for the fourth quarter and full-year ended December 31, 2023.

Key Points: 
  • Akamai delivered the following results for the fourth quarter and full-year ended December 31, 2023:
    Revenue: Revenue for the fourth quarter was $995 million, a 7% increase over fourth quarter 2022 revenue of $928 million and a 7% increase when adjusted for foreign exchange.
  • Net income: GAAP net income for the fourth quarter was $161 million, a 25% increase from fourth quarter 2022 GAAP net income of $129 million.
  • Non-GAAP net income* for the fourth quarter was $263 million, a 21% increase from fourth quarter 2022 non-GAAP net income of $216 million.
  • *
    Adjusted EBITDA*: Adjusted EBITDA* for the fourth quarter was $426 million, a 12% increase from fourth quarter 2022 Adjusted EBITDA of $382 million.

Akamai Announces Content Protector to Stop Scraping Attacks

Retrieved on: 
Tuesday, February 6, 2024
Application security, GM, Classification, OSI, AKAM, Commerce, Intellectual property, Content, Ecosystem, Application, OSI model, Akamai Technologies, Anomaly, SVP, JavaScript, App Store (iOS/iPadOS), System, Online shopping

CAMBRIDGE, Mass., Feb. 6, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, today announced the availability of Content Protector, a product that stops scraping attacks without blocking the good traffic that companies need to enhance their business.

Key Points: 
  • CAMBRIDGE, Mass., Feb. 6, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, today announced the availability of Content Protector , a product that stops scraping attacks without blocking the good traffic that companies need to enhance their business.
  • These bots search for new content, highlight products in comparison sites, and gather updated product information to share with customers.
  • Akamai Content Protector helps detect and mitigate evasive scrapers that steal content for malicious purposes.
  • "Content Protector is more than just a security tool; it's a business enabler," says Rupesh Chokshi, SVP and GM, Application Security at Akamai.