Akamai's API Security Product Achieves PCI Compliance and Sees Tremendous Customer Growth [Yahoo! Finance]
Akamai Technologies, Inc. (AKAM)
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Source: Yahoo! Finance
April 23, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, today announced that its API Security product has achieved the latest (version 4.0) Payment Card Industry Data Security Standard (PCI DSS) compliance. As part of this process, specific requirements that pertain to APIs were added. PCI DSS is a set of security standards designed to ensure that organizations that store, process, or transmit credit card information have effective security measures in place. APIs play an essential role in PCI DSS compliance, as they can be used to handle sensitive cardholder data and facilitate payment processing. Because PCI DSS is a global standard, it sets a precedent for implementing similar practices. Akamai also announced that it has seen great demand for its API Security offering since its acquisition of Neosec last year. Customer demand has risen over 200% since its launch in August 2023 . This strong trajectory can
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News
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AKAM
Earnings
- 2/13/24 - Beat
AKAM
Sec Filings
- 4/15/24 - Form 4/A
- 4/1/24 - Form 4/A
- 4/1/24 - Form 4/A
- AKAM's page on the SEC website