logo
#

Latest news with #StateoftheInternet

Akamai expanding services in cybersecurity, Cloud computing: Senior exec
Akamai expanding services in cybersecurity, Cloud computing: Senior exec

Business Standard

time01-05-2025

  • Business
  • Business Standard

Akamai expanding services in cybersecurity, Cloud computing: Senior exec

Akamai Technologies is expanding services in cybersecurity and Cloud computing to help customers deliver personalised content to their users sooner, said Mitesh Jain, the company's regional vice-president. The company aims to differentiate itself by building and providing distributed Cloud where data storage and security will be combined and kept closer to users. Indian ecommerce, gaming and fintech companies are increasingly opting for this distributed structure of Cloud instead of a centralised offering of 'hyper-scalers', said Jain. A distributed Cloud computing structure is more useful in India where low latency — the time it takes for data packets to be stored or retrieved — is an issue. 'In a country like India, low latency, data sovereignty, and above all cost efficiencies are extremely critical. We now have about 850 million internet users and the expectation for low latency and 'always on' performance is high,' Jain said. Akamai acquired Linode in 2022 to strengthen its distributed Cloud and Edge computing services. The acquisition has helped Akamai to offer Cloud and Zero Trust Architecture, a cybersecurity model, services to customers at much better prices, he said. According to Akamai's State of the Internet security report, web applications and application programming interfaces comprise more than 50 per cent of all cyberattacks globally. In India, there has been a 37 per cent year-on-year increase in distributed denial of service attacks, primarily on banking, financial services, over-the-top platforms, ecommerce companies and other sectors. 'What is really interesting is that now in the current scheme of things, how AI (artificial intelligence) is influencing both sides of the equation. While on one hand, attackers are using AI to automate and evolve much faster, we are also now looking into building AI into defences,' said Jain.

APJ region sees 73% surge in web & API attacks in 2024
APJ region sees 73% surge in web & API attacks in 2024

Techday NZ

time23-04-2025

  • Business
  • Techday NZ

APJ region sees 73% surge in web & API attacks in 2024

Akamai Technologies has published its latest State of the Internet report, revealing a significant surge in web application and API attacks across the Asia Pacific and Japan (APJ) region in 2024. The report, titled 'State of Apps and API Security 2025: How AI Is Shifting the Digital Terrain', identified a 73% year-over-year increase in web application attacks in APJ, representing the highest percentage increase globally. According to Akamai, the APJ region experienced 51 billion web application attacks in 2024, up from 29 billion in 2023. The report attributed this sharp rise to the widespread adoption of artificial intelligence (AI), which, while enhancing threat detection, has also introduced new challenges through expanding attack surfaces and increasing attack complexity. Australia was the most targeted country in APJ, facing 20.3 billion web and API attacks, followed by India with 17.3 billion and Singapore with 15.9 billion. Japan, China, South Korea, New Zealand, and Hong Kong SAR also experienced substantial attack volumes, ranging from 6.3 billion to 2.2 billion incidents. Across APJ, financial services bore the brunt of the attacks, with over 27 billion web attacks, correlating with the sector's rapid integration of emerging technologies such as AI. Commerce was the second most targeted industry, accounting for more than 18 billion attacks. Globally, the number of web and API attacks reached 311 billion in 2024, marking a 33% increase compared to the previous year. The report highlighted the growing threat to APIs as cyber attackers exploit authentication gaps and automate their attacks. Akamai identified 150 billion API attacks globally from January 2023 through December 2024, with AI-powered APIs noted as particularly vulnerable due to their accessibility and common lack of adequate authentication. The study also documented a substantial rise in distributed denial of service (DDoS) attacks at the application layer (Layer 7). Globally, Layer 7 DDoS attacks increased by 94%, reaching 7 trillion attacks, with the high-technology sector being most affected. The monthly volume of these attacks doubled from just over 500 billion in early 2023 to over 1.1 trillion by the end of 2024. HTTP flood attacks remained the predominant threat in this category. Within APJ, Layer 7 DDoS attacks grew by 66% year-over-year, making it the second most targeted region worldwide. The region saw a total of 7.4 trillion attacks in this category over the two years, peaking at 504 billion in December 2024. Singapore recorded the highest number within APJ at 4.7 trillion attacks, with India and South Korea following at 1.1 trillion and 607 billion, respectively. Digital media platforms and commerce were the sectors most impacted in the region. On a broader scale, the report identified over 230 billion web attacks globally targeting commerce organisations—almost three times the impact experienced by the high technology sector, the second most targeted industry. Security incidents related to the OWASP API Top 10 increased by 32%, revealing persistent issues with authentication and authorisation flaws. Additionally, security alerts referencing the MITRE framework rose by 30% as attackers adopted more advanced, automated, and AI-driven strategies. Shadow and zombie APIs were identified as notable risk factors due to their prevalence in complex API ecosystems. Reuben Koh, Director of Security Technology and Strategy at Akamai Technologies APJ, commented on the implications of the findings. "The surge in web and API attacks across APJ reflects more than just the region's rapid digital adoption, it also underscores the urgent need for cybersecurity to evolve rapidly with the growing integration of AI into enterprise ecosystems. As threat actors escalate their attacks in both scale and sophistication, security strategies must thus adapt accordingly," he said. "This SOTI report will also dive into practical mitigation strategies on how organisations can better protect themselves against evolving threats." The report also addressed the regulatory response to surging web and API attacks, noting stricter compliance requirements across the region. Countries such as Singapore, Japan, India, and Australia have enacted or expanded legislation to increase cybersecurity oversight, including the introduction of the Cybersecurity Act 2024 in Australia and revisions to existing frameworks in other markets. As regulatory enforcement intensifies and compliance deadlines approach, Akamai advised organisations to adopt a shift-left security approach, enhance API governance, and deploy AI-powered defences to safeguard against evolving threats. Akamai's State of the Internet report series is now in its eleventh year, delivering insights into cybersecurity trends and web performance based on data from infrastructure responsible for processing a substantial proportion of global web traffic.

Akamai Research: Web Attacks Up 33%, APIs Emerge as Primary Targets
Akamai Research: Web Attacks Up 33%, APIs Emerge as Primary Targets

Yahoo

time22-04-2025

  • Business
  • Yahoo

Akamai Research: Web Attacks Up 33%, APIs Emerge as Primary Targets

Surge correlates with accelerated adoption of AI-powered applications CAMBRIDGE, Mass., April 22, 2025 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the cybersecurity and cloud computing company that powers and protects business online, today released a new State of the Internet (SOTI) report that finds there were 311 billion web attacks in 2024, representing a 33% year-over-year increase. State of Apps and API Security 2025: How AI Is Shifting the Digital Terrain notes the surge in these attacks correlates to the rapid adoption of artificial intelligence (AI) applications, which expand attack surfaces and introduce new security challenges. The report also finds that APIs have emerged as primary targets, with Akamai documenting 150 billion API attacks from January 2023 through December 2024. The AI API market is growing rapidly and the integration of AI-driven tools with core platforms via APIs has substantially expanded this attack surface. The majority of AI-powered APIs are externally accessible and many rely on inadequate authentication mechanisms, a vulnerability compounded by the growing array of AI-driven attacks targeting them. Akamai notes that AI-powered APIs are even more vulnerable than their counterparts as AI fuels technical advancements for threat actors. In addition, Akamai documents a dramatic rise in Layer 7 (application-layer) distributed denial-of-service (DDoS) attacks against web applications and APIs. Quarterly attack volumes increased 94% year-over-year between Q1 2023 and Q4 2024. In early 2023, Akamai observed monthly numbers of 500 billion, which rose to 1.1 trillion in one month by December 2024. This growth is due to the growing sophistication of bot-driven attacks, the persistence of HTTPS flooding as a primary attack vector, and the prevalence of Layer 7 DDoS attacks targeting the high technology industry. Other key findings of the report include: There were more than 230 billion web attacks targeting commerce organizations, making it the most impacted industry. This is nearly triple the number of attacks experienced by high technology (the second most attacked sector). There were 7 trillion Layer 7 DDoS attacks targeting the high technology sector from January 2023 through December 2024, making it the most affected industry. OWASP API Security Top 10–related incidents increased 32%, revealing authentication and authorization flaws that expose sensitive data and functionality. Growth in security alerts related to the MITRE security framework are up 30% as attackers are using advanced techniques such as automation and AI to exploit APIs. Shadow and zombie APIs present particularly vulnerable attack vectors within increasingly complex API ecosystems. State of Apps and API Security 2025: How AI Is Shifting the Digital Terrain also contains a security spotlight on an API attack against an ecommerce company, an explanation of the differences between web and API attacks, regional and industry attack data, and recommended mitigation strategies. The report provides unique insights on risk scoring and technical methods that are designed to assist frontline defenders. "AI is transforming web and API security, enhancing threat detection but also creating new challenges," said Rupesh Chokshi, Senior Vice President and General Manager of Akamai's Application Security Portfolio. "This report is a must read to understand what's driving the shift and how defenders can stay ahead with the right mitigation strategies." This is the 11th year of Akamai's SOTI reports. The SOTI series provides expert insights on cybersecurity and web performance and is based on data gathered from our network infrastructure, which processes more than one-third of global web traffic. 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 and or follow Akamai Technologies on X and LinkedIn. Contact:Akamai PRakamaiPR@ View original content to download multimedia: SOURCE Akamai Technologies, Inc. Sign in to access your portfolio

Akamai Unveils Defenders' Guide 2025 to Empower Cybersecurity Teams
Akamai Unveils Defenders' Guide 2025 to Empower Cybersecurity Teams

Yahoo

time11-02-2025

  • Business
  • Yahoo

Akamai Unveils Defenders' Guide 2025 to Empower Cybersecurity Teams

New report features novel research and insights to help security professionals outsmart and outmaneuver cybercriminals CAMBRIDGE, Mass., Feb. 11, 2025 /PRNewswire/ -- Akamai Technologies (NASDAQ: AKAM), the cybersecurity and cloud computing company that powers and protects business online, today announced the release of the Defenders' Guide 2025: Fortify the Future of Your Defense. This first-of-its-kind State of the Internet (SOTI) report delivers practical research, including new findings on risk scoring, VPN abuse, and advanced malware techniques to help organizations strengthen their cybersecurity posture. For CISOs, it integrates the security-in-depth framework with proactive measures to help form a firm foundation for research-driven cybersecurity strategies. "This guide stands as a reminder of the importance for CISOs to incorporate research into their overall cyber strategy. Leveraging leading-edge technical analyses of attacks to inform people, process, and technology enables organizations to mitigate risk within an increasingly complex digital landscape. This approach can ultimately reduce costs by optimizing our security investments and reducing the risk of costly incidents," said Boaz Gelbord, Senior Vice President and Chief Security Officer at Akamai. "In essence, a research-driven strategy enables security teams to calibrate their program to the latest developments and build a pragmatic and relevant program to their threat landscape." The report offers security practitioners insights from cybersecurity experts and data scientists who are working on the front lines to combat threats on a daily basis. The Defenders' Guide takes a different approach than conventional reports, delivering actionable intelligence rather than abstract trends. "The cybersecurity industry has traditionally published major threat reports to serve CISOs and leaders of cybersecurity — and that's important. What's equally important is an annual report for first-line defenders. The Defenders' Guide is exactly that — and it's the first of its kind in the industry. It gives defenders a comprehensive, centralized resource that consolidates new findings and best practices to stay ahead of emerging threats," said Mitch Mayne, head of Cybersecurity Research at Akamai. "By synthesizing top-tier research, we not only empower cyber defenders with crucial insights, we also enable them to more efficiently allocate their limited time and resources toward the most impactful advancements in the field." Key highlights from the Defenders' Guide 2025: Risk management A new risk scoring model quantifies organizational vulnerabilities by evaluating application importance, network complexity, and likelihood of compromise. Recommendations include endpoint impact analysis, segmentation strategies, and methods for mitigating both internal and external risks. Malware metamorphosis provides insights into botnet families like NoaBot and RedTail by highlighting advanced tactics such as peer-to-peer architectures and fileless malware. The report offers practical steps for mitigating these threats, including patch management and employee training. Network architecture New VPN abuse research reveals vulnerabilities in VPN appliances exploited by advanced threat actors. Solutions include adopting secure LDAP protocols, custom encryption, and firmware updates. Cross-site scripting (XSS) research demonstrates the critical need for layered defenses to address vulnerabilities in user input processing. Host security Analysis of six Kubernetes vulnerabilities from 2023–2024 outlines the risks of command injection attacks. The report emphasizes proactive patching and vigilance against emerging threats in containerized environments. Access the full report The Defenders' Guide 2025 is a vital resource for organizations that aim to stay ahead in an increasingly complex digital landscape. To access the in-depth research and strategies, download the full report. 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 and or follow Akamai Technologies on X and LinkedIn. ContactsAkamai PRAkamaiPR@ Investor relationsIR-InvestorRelations@ View original content to download multimedia: SOURCE Akamai Technologies, Inc. Sign in to access your portfolio

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store