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CAMBRIDGE, Mass., 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 be attributed to adding the native connector feature, which allows for production deployment in minutes and the ability for API Security to instantly block threats using App & API Protector, as well as offering integrations for deployment across leading WAAP and API gateway platforms. In addition, Akamai API Security works seamlessly with other tools, like Apiiro's ASPM offering, to help organizations shift left. The importance of API security was driven home by findings from Akamai's latest State of the Internet report. It found that nearly one-third of web attacks target APIs. Customers across various industries, from hospitality to retail, praise Akamai's API Security for its effectiveness, intuitive use, and real-time monitoring capabilities, emphasizing its role in enhancing their operational security and user experience. Clal Insurance and Finance is a leading insurance and savings company. Haim Inger, CTO of Clal, says that he relies on APIs to drive innovation, and chose Akamai API Security due to its performance and ease of use. "We didn't need to do anything to understand the state of our API estate. After ingesting tokenized data about our APIs, the Akamai solution automatically delivered insights into what needed to be fixed and how to fix it." Additional customer comments from Gartner® Peer Insights™ include:
"Based on customer inputs, it's clear that the importance of API security continues to grow as organizations rely more and more on APIs to run their enterprise," said Rupesh Chokshi, Senior Vice President and General Manager, Application Security at Akamai. "Akamai's PCI DSS-compliant API Security gives organizations the ability to monitor API behavior in any platform or gateway to ensure that businesses are running smoothly and securely." To see use cases of how organizations are using API Security to enable full visibility into their entire API estate through continuous discovery and monitoring, please read our HiBob, EarnIn, and Dan Hotels customer stories. Gartner® and Peer Insights™ are trademarks of Gartner, Inc. and/or its affiliates. All rights reserved. Gartner Peer Insights content consists of the opinions of individual end users based on their own experiences, and should not be construed as statements of fact, nor do they represent the views of Gartner or its affiliates. Gartner does not endorse any vendor, product or service depicted in this content nor makes any warranties, expressed or implied, with respect to this content, about its accuracy or completeness, including any warranties of merchantability or fitness for a particular purpose. About Akamai Contact
SOURCE Akamai Technologies, Inc. 
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