Core Insights - The report by Akamai highlights the significant impact of AI technology on internet security, particularly in the context of web and API attacks [1][3] Web and API Attacks - In 2024, global web attack incidents are projected to reach 311 billion, marking a 33% year-on-year increase [3] - In the Asia-Pacific region, web attacks surged by 73% to 51 billion [3] - API attacks are also on the rise, with a monthly growth rate of 32% for OWASP API Top 10 related attacks, and API risk losses expected to exceed $100 billion by 2026 [3][4] Security Risks and Compliance - Unauthorized or improper authorization is identified as a primary cause of sensitive data leaks and system penetrations [4] - The report outlines four major risks in API security: API abuse, decreased testing frequency, lack of pre-testing, and the presence of zombie and shadow APIs [4] - Compliance with OWASP and MITRE frameworks is becoming increasingly critical as API security incidents escalate, leading to heightened compliance risks for businesses [4] Industry-Specific Insights - Different industries face unique and common API security risks, with e-commerce experiencing heightened attack levels during shopping and promotional seasons, while the financial sector may face targeted attacks due to geopolitical events [4] - AI technology is being utilized by attackers for strategic target selection, attack automation, traffic-based attacks, and behavior-based attacks [4][5] Regional Attack Trends - In the Asia-Pacific region, the total number of web and API attacks increased by 73% to 51 billion, with the financial sector being a primary target, showing a growth rate exceeding 52% [5] - Singapore experienced severe DDoS attacks, with 47 trillion incidents in 2024, ranking it among the top globally [5] Security Strategies - Akamai proposes six security strategies to help businesses build a comprehensive defense system, including integrating security requirements into the development process and utilizing AI to counter AI attacks [5] - The company emphasizes the need for proactive defense strategies to mitigate API vulnerabilities and ransomware threats [5] Future Outlook - AI technology is expected to continue influencing API security protection models, with Akamai planning to release an AI firewall capable of defending against attacks targeting AI systems [5] - Companies are encouraged to proactively develop AI security capabilities and foster a collaborative model of shared responsibility among security vendors, cloud service providers, and users [5]

Core Insights - The report highlights a significant increase in web attacks, with 311 billion attacks recorded in 2024, marking a 33% year-over-year rise [1] - The surge in attacks is linked to the rapid adoption of AI applications, which expand attack surfaces and introduce new security challenges [1][2] - APIs have become primary targets, with 150 billion API attacks documented from January 2023 to December 2024, driven by the integration of AI tools [2] Attack Trends - There has been a dramatic rise in Layer 7 DDoS attacks, with quarterly attack volumes increasing by 94% year-over-year from Q1 2023 to Q4 2024 [3] - Monthly DDoS attack numbers rose from 500 billion in early 2023 to 1.1 trillion by December 2024, attributed to sophisticated bot-driven attacks and HTTPS flooding [3] - The high technology sector experienced 7 trillion Layer 7 DDoS attacks from January 2023 to December 2024, making it the most affected industry [6] Security Vulnerabilities - The report indicates that OWASP API Security Top 10-related incidents increased by 32%, highlighting authentication and authorization flaws [6] - Security alerts related to the MITRE security framework have risen by 30%, as attackers utilize advanced techniques like automation and AI to exploit APIs [6] - Shadow and zombie APIs are identified as particularly vulnerable attack vectors within complex API ecosystems [6] Recommendations and Insights - The report includes recommended mitigation strategies and unique insights on risk scoring and technical methods to assist frontline defenders [4] - Akamai emphasizes the importance of understanding the evolving landscape of web and API security, driven by AI advancements [5]

Core Insights - The article discusses the performance of five counter-cyclical stocks that have remained stable during market selloffs, contrasting them with more cyclical investments that carry higher risks [1][3] - TradeSmith's AI system, An-E, is highlighted as a tool for identifying attractive entry points for long-term investments, utilizing extensive data analysis [4][5] Group 1: Stock Performance - The five counter-cyclical stocks have traded flat on average, while Nvidia Corp. (NVDA) saw a significant drop of 10% in one day [1] - Informatica Inc. (INFA) has increased by 5%, Seagate Technology Holdings plc (STX) by 10%, and Meta Platforms Inc. (META) by 20% [8][24] - Salesforce Inc. (CRM) has lost 20% of its value this year but has historically seen an average increase of 33% over the following three months when trading at similar forward earnings multiples [9][10] Group 2: Company Analysis - Akamai Technologies Inc. (AKAM) is transitioning from a content distribution network to a cybersecurity firm, trading at a low 12X forward earnings with projected 25% growth in EBITDA [12][13] - Advanced Micro Devices Inc. (AMD) is noted for its strong management and competitive products, despite facing challenges from U.S.-China trade tensions, leading to a significant selloff [15][17] - Moderna Inc. (MRNA) and Celanese Corp. (CE) have seen substantial declines of 40% and 42% respectively, but both are considered to have significant upside potential in the medium to long term [18][20] Group 3: AI and Investment Strategies - TradeSmith's An-E system uses over 1.3 quadrillion data points to provide investment recommendations, focusing on short-term market movements [4][21] - The system has a historical hit rate of 60% to 70% on its predictions, demonstrating its effectiveness in guiding investment decisions [21][22] - The AI system aims to help investors time their market entries better, particularly in volatile conditions [22]

Core Viewpoint - Akamai Technologies, Inc. will hold a conference call on May 8, 2025, to discuss its first quarter 2025 financial results and may provide forward-looking financial guidance [1]. Group 1: Conference Call Details - The conference call is scheduled for Thursday, May 8, 2025, at 4:30 p.m. ET [1]. - Live dial-in information for the conference call includes a U.S. number (877) 344-7529 and an international number (412) 317-0088, with a Conference ID of 9406971 [2]. - A replay of the call will be available for two weeks after the event [2]. Group 2: Company Overview - Akamai is a cybersecurity and cloud computing company that provides solutions to power and protect businesses online [3]. - The company offers market-leading security solutions, superior threat intelligence, and a global operations team to safeguard enterprise data and applications [3]. - Akamai's full-stack cloud computing solutions are designed for performance and affordability on a distributed platform, earning the trust of global enterprises for reliability and expertise [3].

Core Insights - Akamai Technologies has launched App & API Protector Hybrid, enhancing web application firewall (WAF) capabilities for multicloud, on-premises, and CDN-agnostic environments [1][2] - The new solution aims to provide consistent security for applications and APIs, addressing the challenges of protecting dispersed applications while maintaining efficiency and cost-effectiveness [2][3] Company Overview - Akamai is recognized as a leading cybersecurity and cloud computing company, offering market-leading security solutions and superior threat intelligence to safeguard enterprise data and applications [4] - The company emphasizes its commitment to delivering performance and affordability through its full-stack cloud computing solutions [4] Product Features - App & API Protector Hybrid is designed to protect applications, APIs, microservices, and workloads against sophisticated threats while ensuring resilience, scalability, and simplified security management [2][3] - The solution standardizes WAF protections across multiple environments, ensuring a single source of truth for policy enforcement [6] - It aims to reduce operational overhead by consolidating security management across edge and non-edge environments, facilitating seamless and secure cloud transformation for DevOps teams [6]

Core Insights - Akamai Technologies has announced that Queue-it has joined the Akamai Qualified Compute Partner Program as an Independent Software Vendor (ISV), enhancing Akamai's offerings in managing peak traffic and online experiences [1][2] Company Overview - Akamai Technologies is a cybersecurity and cloud computing company that provides solutions to power and protect businesses online [7][8] - Queue-it is a leading provider of virtual waiting room services, helping over 1,000 organizations manage peak traffic and ensure reliable online experiences [6] Partnership Details - The integration of Queue-it's virtual waiting room technology with Akamai's EdgeWorkers platform allows enterprise organizations to manage traffic surges effectively, protecting critical infrastructure and stabilizing uptime [2][3] - The collaboration aims to provide 24/7 coverage for unexpected traffic spikes, enabling organizations to capitalize on peak demand scenarios such as product launches and flash sales [3][4] Performance Metrics - Queue-it has processed over 30 billion visitors through its Akamai Edge Connector, demonstrating its capability in handling high traffic volumes [4] - The virtual waiting room technology has been essential for various industries, including ticketing, government, online retail, telecommunications, financial services, and education [3] Program Benefits - The Akamai Qualified Compute Partner Program offers solution-based services that are interoperable with Akamai's cloud computing services, ensuring easy access for customers [4] - The program is designed to provide performance and cost benefits by allowing services to run on a single global platform [4]

Akamai Technologies, Inc. (AKAM) recently announced the launch of a new distributed edge platform, Akamai Cloud Inference. Leveraging its state-of-the-art cloud computing platform, Akamai Cloud, the solution aims to drive faster and more efficient innovation for organizations, harnessing the power of predictive models and large language models (LLMs).In today’s fast-changing digital landscape, bringing AI (artificial intelligence) data closer to end users and devices remains a significant challenge for trad ...

Akamai picks up the hosting of kernel.org, bringing long-term stability to development and maintenance of the open source Linux operating systemCAMBRIDGE, Mass., March 27, 2025 /PRNewswire/ -- Development work on the Linux kernel — the core software that underpins the open source Linux operating system — has a new infrastructure partner in Akamai (NASDAQ: AKAM), the cybersecurity and cloud computing company that powers and protects business online. The company's cloud computing service and content delivery ...

Core Insights - Akamai has launched a new category of cloud-based compute called Akamai Cloud Accelerated Compute Instances, utilizing NETINT video processing units (VPUs) for enhanced efficiency in video processing tasks [1][2][3] - The Quadra T1U VPUs can support encoding resolutions up to 8Kp60 and can encode 32 live streams at 1080p30 broadcast quality, providing significant performance advantages over traditional CPU-only solutions [2][4] - The introduction of VPUs in the cloud allows media companies to reduce costs and improve scalability, addressing a critical need in the growing video streaming market [3][5] Company Strategy - Akamai aims to position itself as a leading cloud provider for media companies, leveraging its unique offering of VPUs to enhance existing partnerships and capture market segments overlooked by larger hyperscalers [4][5] - The company emphasizes the cost-effectiveness of its solutions, claiming up to 20 times greater throughput at a tenth of the cost compared to traditional platforms, which can significantly lower operational expenses for media companies [5] - Akamai's cloud platform is designed to be open, allowing customers to customize their workflows and choose from various software and partner options, enhancing flexibility and control [5] Industry Context - The demand for optimized cloud solutions is driven by the rise in live and on-demand video streaming, necessitating advanced hardware for efficient media transcoding [3] - The introduction of VPUs addresses a gap in the market where transcoding-optimized cloud computing resources have been limited, previously requiring companies to invest in on-premises hardware [3][4] - Akamai's offerings are expected to enhance the overall streaming experience for users while providing media companies with the tools needed to meet growth and profitability targets [5]

New service gives companies the ability to realize a 3x improvement in throughput, 60% less latency, and 86% lower cost than traditional hyperscale infrastructure CAMBRIDGE, Mass., March 27, 2025 /PRNewswire/ -- Akamai (NASDAQ: AKAM), the cybersecurity and cloud computing company that powers and protects business online, today unveiled Akamai Cloud Inference, to usher in a faster, more efficient wave of innovation for organizations looking to turn predictive and large language models (LLMs) into real-world ...