The new digital age for cybersecurity stocks to me is reflective of a number of long-term trends that could reshape the industry. One of the significant trends is the growing usage of artificial intelligence and machine learning in cybersecurity. These technologies are transforming methods of detecting and combating threats through the processing of large amounts of information and the recognition of suspicious patterns. Another factor that is likely to create more opportunities and threats is quantum compu ...

Companies combine security information and event management (SIEM) technology with Zero Trust solutions to help increase enterprises' overall security posture.CAMBRIDGE, Mass., Aug. 6, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, today announced a partnership with Datadog, the monitoring and security platform for cloud applications, that will enable organizations to integrate Datadog Cloud SIEM with Zero Trust solutions Akamai Enterpr ...

The most recent trading session ended with Akamai Technologies (AKAM) standing at $98.28, reflecting a +0.41% shift from the previouse trading day's closing. The stock fell short of the S&P 500, which registered a gain of 1.08% for the day. On the other hand, the Dow registered a gain of 0.75%, and the technology-centric Nasdaq increased by 2.64%.Shares of the cloud services provider have appreciated by 7.77% over the course of the past month, outperforming the Computer and Technology sector's loss of 5.77% ...

Core Insights - Akamai Technologies intends to achieve FedRAMP High accreditation and DoD CC SRG Impact Levels 4 and 5 to enhance its security offerings for federal and defense clients [1][2][3] - The company has over 20 years of experience partnering with U.S. government agencies, understanding their unique security challenges and requirements [2] - The pursuit of these accreditations reflects Akamai's commitment to safeguarding critical systems and meeting the increasing demand for robust cybersecurity in the public sector [3] Summary by Category Company Initiatives - Akamai is launching an initiative called Defense Edge to achieve FedRAMP High accreditation and DoD CC SRG Impact Levels 4 and 5 [1] - The company currently holds FedRAMP Moderate accreditation and aims to support a broader range of federal workloads with the new accreditations [2] Security and Compliance - FedRAMP High requires compliance with comprehensive security controls to protect highly sensitive government data, positioning Akamai to handle critical information [2] - Achieving DoD CC SRG Impact Levels 4 and 5 will affirm Akamai's capability to engage with law enforcement and national security workloads [3] Market Positioning - Akamai's advanced security technologies and extensive experience make it a trusted partner for federal agencies [3] - The company's initiatives align with the growing demand for cybersecurity measures in the public sector, ensuring federal agencies can adopt cutting-edge technologies securely [3]

Toronto , Canada - 28 June 2023; Tom Leighton, Co-founder & CEO, Akamai Technologies, on FullSTK ... [+] stage during day two of Collision 2023 at Enercare Centre in Toronto, Canada. (Photo By Ramsey Cardy/Sportsfile for Collision via Getty Images)Sportsfile via Getty ImagesAkamai is slated to report its Q2 FY’24 results on August 8. We estimate that Akamai’s revenue will come in at about $980 million for the quarter, slightly ahead of consensus estimates and 4.5% higher compared to last year. We estimate t ...

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 ...