Core Insights - Akamai Technologies reported over 26 billion application and API attacks in June 2024, marking a 49% increase from the previous year [1][2] Industry Overview - The report highlights that API abuse is a growing concern for businesses, with 108 billion API attacks recorded from January 2023 to June 2024 [2] - High technology, commerce, and social media are the most targeted industries, experiencing over 11 trillion Layer 7 DDoS attacks in 18 months [2] - The commerce sector faced the highest number of web application and API attacks, more than double that of any other sector [2] Attack Vectors - Common attack vectors include local file inclusion (LFI), cross-site scripting (XSS), SQL injection (SQLi), command injection (CMDi), and server-side request forgery (SSRF) [2] Security Recommendations - The report provides strategies to prevent attacks on applications and APIs, emphasizing the importance of resilience for organizations [3] - It includes a security spotlight on mobile app user agreements and regional snapshots for EMEA and APJ, offering specific data and case studies [3] Historical Context - This year marks the 10th anniversary of Akamai's State of the Internet (SOTI) reports, which provide insights on cybersecurity and web performance based on data from Akamai Connected Cloud [4]

Akamai Technologies, Inc. (NASDAQ:AKAM) is 0.9% higher at $97.87 at last look, after Guggenheim upgraded shares to "buy" from "neutral." The analyst also hiked its price target to $128, a 32% premium to Friday's close, citing the cloud company's leadership in the content delivery network business as the main catalyst for its bull note.AKAM opened today's session at $98.95,and bounced back above its 100-day moving average that has acted as pressure since mid-February. Winning four of the last five weeks, the ...

Akamai Technologies, Inc. (AKAM) has made a significant step in the digital content delivery industry by integrating Yospace into its Qualified Compute Partner Program. This strategic partnership with Yospace is set to bolster Akamai's ability to deliver personalized, high-quality content leveraging the former's expertise in server-side ad insertion technology.The Qualified Compute Partner Program is designed to offer Akamai’s customers seamless access to solution-based services that integrate smoothly with ...

CAMBRIDGE, Mass., July 23, 2024 /PRNewswire/ -- Akamai Technologies Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, announced today that Yospace is the latest organization to join the Akamai Qualified Compute Partner Program as an Independent Software Vendor (ISV). Yospace is providing world-leading server-side ad insertion (SSAI) for leading media companies across the globe.Yospace is the latest organization to join the Akamai Qualified Compute Partner Program as an Independent ...

Akamai Technologies (AKAM) closed the latest trading day at $95.05, indicating a -0.77% change from the previous session's end. This move lagged the S&P 500's daily loss of 0.71%. Meanwhile, the Dow lost 0.93%, and the Nasdaq, a tech-heavy index, lost 0.81%.Coming into today, shares of the cloud services provider had gained 7.2% in the past month. In that same time, the Computer and Technology sector lost 3.88%, while the S&P 500 gained 1.08%.Market participants will be closely following the financial resul ...

While the biggest rewards may stem from the most unpredictable (and therefore speculative) of enterprises, sometimes, you just want additional reassurances. For such an endeavor, it may be wise to consider high-quality stocks to buy.Of course, depending on your circumstances, you may want to continue maintaining a core position in growth opportunities. However, with so many variables over the horizon – from the state of the upcoming presidential election to geopolitical flashpoints – investors enjoy an easy ...

Akamai Technologies (AKAM) closed the latest trading day at $95.14, indicating a +1.11% change from the previous session's end. The stock exceeded the S&P 500, which registered a gain of 0.55% for the day. Elsewhere, the Dow saw an upswing of 0.62%, while the tech-heavy Nasdaq appreciated by 0.63%.Shares of the cloud services provider have appreciated by 6.51% over the course of the past month, outperforming the Computer and Technology sector's gain of 5.73% and the S&P 500's gain of 4.28%.Investors will be ...

CAMBRIDGE, Mass., July 10, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, announced today that the company will hold a conference call for investors on Thursday, August 8, 2024, at 4:30 p.m. ET. The call will include the company's second quarter 2024 financial results and may include forward-looking financial guidance from management. The call will also be broadcast live via the internet at Akamai's Investor Relations page.The live dial ...

With the AI boom, it’s no surprise that many sectors will experience heightened growth. One such sector for investors to take advantage of is cybersecurity. The cybersecurity sector has more than ample room to grow, with the demand for stronger encryption resulting from more prevalent and sophisticated cyberattacks. However, despite industry growth, there are still ample undervalued cybersecurity stocks to buy. The cybersecurity industry is set to grow to $424.8 billion at a 13.8% CAGR. This growth rate is ...

Akamai Technologies, Inc. (AKAM) has completed the acquisition of Noname Security, a top application programming interface (API) security vendor, for approximately $450 million. Announced on May 7, the transaction marks a significant move in the API security landscape and is likely to prove beneficial for the company in the long run.Transaction RationaleNoname Security, renowned for its comprehensive API security solutions, will bolster Akamai’s capabilities to meet the escalating demand for robust API prot ...