Akamai's 2026 report reveals a sharp rise in DDoS attacks targeting financial services, driven by AI-powered bots and pro-Iran hacktivists. These attacks, especially on online banking and payment systems, have increased in duration by 738% since 2024, highlighting growing cybersecurity risks amid digital transformation. Nearly all financial firms faced API security incidents in the past year, with many also hit by ransomware but lacking advanced defenses. Regional attack patterns vary, with EMEA, APAC, and North America experiencing different dominant threats. The report urges financial institutions to adopt stronger security measures to counter these evolving threats.
U.S. stock futures fell as inflation concerns weighed on Wall Street, with the Nasdaq 100 down 0.24%. XP Inc. shares dropped 6% after disappointing Q1 results and a CFO change, while Atmos Energy surged 10.13% following strong Q2 earnings and a divid...
Akamai Technologies introduced AI Brand Presence, a tool that helps businesses optimize their website content for AI search and agentic traffic. This technology automatically translates content for AI understanding, tracks AI bot activity, and improv...
Akamai Technologies announced a proposed offering of $2.6 billion in 0% convertible senior notes due in 2030 and 2032, targeting qualified institutional buyers. The proceeds will primarily fund accelerated capital expenditures for its Cloud Infrastru...
