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Akamai (AKAM) Buoys Security Solutions With Innovative Launches

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Akamai Technologies, Inc. (AKAM - Free Report) recently announced notable additions to its flagship Akamai App & API (Application Programming Interface) Protector product. The cloud company, trusted to enhance online security, launched advanced protection against sophisticated application-layer distributed denial-of-service (DDoS) attacks.

Layer 7 DDoS protections are enhanced to monitor and eliminate short DDoS attack bursts and apply client reputation scores for improved rate limiting. An additional URL Protection is also incorporated that guarantees the availability of mission-critical URLs, APIs and microservices by tactfully handling legitimate traffic during highly distributed attacks.

Apart from these, the flagship App and API Protector comprises Browser Impersonation Detection, which harnesses the power of machine learning to acquire further knowledge of browser behaviors with the aim of reducing false positives and enabling the potential detection of malicious bots.

The state-of-the-art capabilities include additional benefits to the Akamai App, such as Simple Start Onboard, which accelerates the process of self-service onboarding and new application set-up. Akamai Client-Side Protection & Compliance is built to allow customers to comply with PCI DSS v4 regulations and adhere to the latest industry and global compliance standards.

To enhance the power of cybersecurity, Advanced SOCC (Security Operations Command Center) Services is programmed to benefit customers with personalized support and prioritized escalation paths through SOCC.

Furthermore, the App & API Protector provides updates on Web Security Analytics. These updates streamline operations and strengthen analytics capabilities, including customizable dashboards, configuration change indicators, webhook alerts and shortened deep links for easier sharing.

Cybersecurity is an area that holds a lot of promise for Akamai. With the rapid adoption of cloud computing, security has become a major concern for enterprises. Hackers are using new and sophisticated techniques to take advantage of the security loopholes of the cloud.

With the innovative additions, Akamai is likely to address the growing concern for improved cybersecurity for enterprises in today's digital world. The cutting-edge technology introduced by the company is poised to establish its position as a market leader in the long term. The product diversification strategy is likely to bolster its revenue growth, which in turn will have a positive impact on its performance.

The stock has gained 47.8% in the past year compared with the industry’s growth of 41.5%.

Zacks Investment Research
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Zacks Rank & Stocks to Consider

Akamai currently carries a Zacks Rank #3 (Hold).

NVIDIA Corporation (NVDA - Free Report) , currently sporting a Zacks Rank #1 (Strong Buy), delivered a trailing four-quarter average earnings surprise of 20.18%. In the last reported quarter, it delivered an earnings surprise of 13.41%. You can seethe complete list of today’s Zacks #1 Rank stocks here

NVIDIA is the worldwide leader in visual computing technologies and the inventor of the graphic processing unit. Over the years, the company’s focus evolved from PC graphics to AI-based solutions that support high-performance computing, gaming and virtual reality platforms.

InterDigital, Inc. (IDCC - Free Report) , carrying a Zacks Rank #2 (Buy) at present, delivered a trailing four-quarter average earnings surprise of 170.50%. In the last reported quarter, it delivered an earnings surprise of 16.53%.

IDCC is a pioneer in advanced mobile technologies that enable wireless communications and capabilities. The company engages in designing and developing a wide range of advanced technology solutions, which are used in digital cellular as well as wireless 3G, 4G and IEEE 802-related products and networks.

Ubiquiti Inc. (UI - Free Report) , carrying a Zacks Rank #2 at present, is a key pick in the broader industry. Headquartered in New York, it offers a comprehensive portfolio of networking products and solutions for service providers and enterprises at disruptive prices.

It boasts a proprietary network communication platform that is well-equipped to meet end-market customer needs. In addition, it is committed to reducing operational costs by using a self-sustaining mechanism for rapid product support and dissemination of information by leveraging the strength of the Ubiquiti Community.

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