Recent Accolades Validate Akamai's API Security Solution

Rhea-AI Summary

Akamai Technologies (NASDAQ: AKAM) has received multiple industry recognitions for its API Security solution, including the Top InfoSec Innovator Awards 2024 from Cyber Defense Magazine, CyberSecurity Breakthrough's 'API Security Platform of the Year,' and the Global InfoSec Awards 2024's Publisher's Choice API Security. The company was also named a Leader and Fast Mover in GigaOm Radar for API Security.

The recognition validates Akamai's position in addressing critical API security challenges. According to Akamai's State of the Internet report, the company recorded 108 billion API attacks between January 2023 and June 2024. These attacks can result in data breaches, service disruptions, and significant financial impacts for businesses.

Positive

• Recognition as market leader in API security by multiple independent industry authorities
• Strategic positioning in high-growth API security market
• Demonstrated capability in addressing critical security threats with documented 108B API attacks

Negative

• None.

Akamai is recognized by top industry influencers

CAMBRIDGE, Mass., Dec. 18, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the cyber security and cloud computing company that protects business online, today announced that its API Security solution has been recognized as a market leader by several independent outlets. Three industry awards and a leading position in a top analyst report validate Akamai's commitment to providing the best products to combat the increasing threat of breaches resulting from API vulnerabilities.

Akamai was most recently named winner of the coveted Top InfoSec Innovator Awards for 2024 by Cyber Defense Magazine, the industry's leading electronic information security magazine. "Akamai embodies three major features we judges look for with the potential to become winners: understanding tomorrow's threats today, providing a cost-effective solution, and innovating in unexpected ways that can help mitigate cyber risk and get one step ahead of the next breach," said Gary S. Miliefsky, Publisher of Cyber Defense Magazine.

Other recent awards include:

• CyberSecurity Breakthrough selected Akamai as a winner of their 2024 "API Security Platform of the Year" award after evaluating thousands of nominations.
• Akamai was named a winner of the Global InfoSec Awards 2024 with the title of Publisher's Choice API Security.

In addition to industry awards, Akamai has been recognized as a Leader and Fast Mover in the Innovation/Platform Play quadrant of the GigaOm Radar for API Security. This prestigious acknowledgment highlights Akamai's strategic vision and commitment to offering comprehensive API security solutions.

"APIs are a vital part of global business, powering the customer experiences and transactions we rely on daily. But they are increasingly targeted by attackers," said Rupesh Chokshi, Senior Vice President and General Manager, Application Security, Akamai. "API security is now table stakes — any business must secure APIs to scale and thrive in today's environment. We're thrilled to be recognized for our capabilities in this area."

APIs are a key component of modern enterprises' ability to serve customers, generate revenue, and operate efficiently. According to a recent State of the Internet (SOTI) report from Akamai, attacks against APIs can occur in various forms, including data breaches, abuse, and distributed denial-of-service (DDoS) attacks. In fact, Akamai recorded 108 billion API attacks from January 2023 through June 2024. These relentless assaults against APIs can lead to data theft, damage to brand reputation, regulatory fines, and significant financial losses.

About Akamai
Akamai is the cybersecurity and cloud computing company that powers and protects business online. Our market-leading security solutions, superior threat intelligence, and global operations team provide defense in depth to safeguard enterprise data and applications everywhere. Akamai's full-stack cloud computing solutions deliver performance and affordability on the world's most distributed platform. Global enterprises trust Akamai to provide the industry-leading reliability, scale, and expertise they need to grow their business with confidence. Learn more at akamai.com and akamai.com/blog, or follow Akamai Technologies on X and LinkedIn.

Contact
Jim Lubinskas
Akamai Media Relations
703.907.9103
jlubinsk@akamai.com 

 

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SOURCE Akamai Technologies, Inc.

FAQ

What major awards did Akamai (AKAM) receive for API security in 2024?

Akamai received the Top InfoSec Innovator Award from Cyber Defense Magazine, CyberSecurity Breakthrough's 'API Security Platform of the Year,' and the Global InfoSec Awards 2024's Publisher's Choice API Security.

How many API attacks did Akamai (AKAM) record from January 2023 to June 2024?

Akamai recorded 108 billion API attacks during this period.

What is Akamai's (AKAM) position in the GigaOm Radar for API Security?

Akamai was recognized as a Leader and Fast Mover in the Innovation/Platform Play quadrant of the GigaOm Radar for API Security.

What types of API attacks does Akamai (AKAM) protect against?

Akamai protects against various forms of API attacks including data breaches, abuse, and distributed denial-of-service (DDoS) attacks.