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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Akamai Technologies Inc | NASDAQ:AKAM | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.72 | 0.74% | 98.04 | 98.03 | 98.10 | 98.52 | 97.36 | 97.66 | 100,152 | 15:07:36 |
Akamai recorded more than 26 billion application and API attacks in June 2024
CAMBRIDGE, Mass., July 30, 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 that shows how growth in demand for applications and APIs has transformed them into lucrative targets for threat actors. In Digital Fortresses Under Siege: Threats to Modern Application Architectures, Akamai notes that it observed more than 26 billion web attacks against applications and APIs in June 2024 alone, and that these attacks surged by 49% over the last year.
API abuse in particular is a growing concern for businesses that increasingly rely on these gateways to provide access to their capabilities and services. The report notes that 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, damages to brand reputation, regulatory fines, and significant financial losses.
Other key findings of the report include:
"Successful attacks against applications and APIs are becoming more common and they can impact an organization's revenue and reputation," said Rupesh Chokshi, Senior Vice President and General Manager, Application Security, Akamai. "With Digital Fortresses Under Siege: Threats to Modern Application Architectures, we provide an in-depth look at how attackers target apps and APIs and share effective strategies to prevent these dangerous incursions, ensuring your organization remains resilient."
Digital Fortresses Under Siege: Threats to Modern Application Architectures includes a security spotlight that offers advice on mobile app user agreements. The report also features snapshots for the Europe, Middle East and Africa (EMEA) and Asian-Pacific and Japan (APJ) regions that provide data and case studies particular to those areas.
This year marks the 10th anniversary of Akamai's State of the Internet (SOTI) reports. The SOTI series provides expert insights on the cybersecurity and web performance landscapes, based on data gathered from Akamai Connected Cloud.
About Akamai
Akamai powers and protects life online. Leading companies worldwide choose Akamai to build, deliver, and secure their digital experiences — helping billions of people live, work, and play every day. Akamai Connected Cloud, a massively distributed edge and cloud platform, puts apps and experiences closer to users and keeps threats farther away. Learn more about Akamai's cloud computing, security, and content delivery solutions at akamai.com and akamai.com/blog, or follow Akamai Technologies on X, formerly known as Twitter, and LinkedIn.
Contact
Jim Lubinskas
Akamai Media Relations
703.907.9103
jlubinsk@akamai.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/akamai-research-web-attacks-targeting-applications-and-apis-up-by-49-in-the-last-year-302209385.html
SOURCE Akamai Technologies, Inc.
Copyright 2024 PR Newswire
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