Akamai's survey reveals rising API attacks, inadequate security measures, and the need for enhanced API protection strategies in organizations.
Quiver AI Summary
Akamai's latest research highlights a growing concern over API security, as organizations rapidly deploy APIs without sufficient testing, increasing their vulnerability to attacks. The fourth annual Akamai API Security Impact Survey analyzed responses from 1,840 security professionals and found that 87% experienced an API-related security incident in the past year, with incidents averaging over $700,000 in cost. A notable trend is the rise of API attacks on AI applications, with 42% of respondents reporting such incidents. The survey reveals significant gaps in API visibility and security measures among organizations, with only 23% knowing which APIs expose sensitive data. The financial services sector notably reported a high attack rate, and many enterprises prioritize API security, although there is a discrepancy between leadership confidence and on-the-ground implementation. Akamai emphasizes the necessity for robust API security strategies, especially as organizations integrate AI technologies.
Potential Positives
- Akamai reinforces its position as a leader in cybersecurity by addressing the growing API security threats highlighted in their research, which can attract more customers seeking robust security solutions.
- The survey reveals a significant increase in recognition of the importance of API security among organizations, indicating a potential increase in demand for Akamai's services.
- Akamai’s research provides actionable recommendations for improving API security, positioning the company as a thought leader and trusted advisor in the cybersecurity space.
Potential Negatives
- The press release highlights a significant increase in API-related security incidents, with 87% of surveyed organizations reporting issues, suggesting a growing vulnerability that could affect Akamai's reputation as a cybersecurity provider.
- Only 23% of enterprises reported having full API inventories, down from 40% in 2022, indicating a decline in organizations' ability to manage and secure their APIs effectively, which could reflect poorly on the industry and Akamai's associated services.
- There is a discrepancy between C-suite leaders' confidence in API security measures and the realities reported by DevSecOps teams, which may indicate weaknesses in communication and implementation that could undermine trust in Akamai's solutions.
FAQ
What is the Akamai API Security Impact Survey?
The Akamai API Security Impact Survey is an annual study assessing API protection based on responses from security professionals worldwide.
How many organizations reported API-related security incidents?
Eighty-seven percent of organizations reported an API-related security incident in the past year, up from 76% in 2022.
What is the average cost of API-related incidents?
On average, organizations incurred costs exceeding US$700,000 per API-related security incident in the past 12 months.
What are the top cybersecurity priorities for security teams?
Securing AI technologies is ranked as the top cybersecurity priority by 38% of security professionals for the upcoming year.
How can organizations improve their API security strategies?
Organizations can enhance API security by discovering all APIs, embedding security testing, and treating API security as essential for trusted AI.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$AKAM Insider Trading Activity
$AKAM insiders have traded $AKAM stock on the open market 25 times in the past 6 months. Of those trades, 0 have been purchases and 25 have been sales.
Here’s a breakdown of recent trading of $AKAM stock by insiders over the last 6 months:
- ADAM KARON (COO & GM Edge Technology Group) has made 0 purchases and 3 sales selling 25,048 shares for an estimated $2,574,275.
- MANI SUNDARAM (EVP and GM Security) has made 0 purchases and 6 sales selling 23,988 shares for an estimated $2,301,007.
- PAUL C JOSEPH (EVP - Global Sales) has made 0 purchases and 5 sales selling 15,000 shares for an estimated $1,420,581.
- EDWARD J MCGOWAN (Chief Financial Officer) has made 0 purchases and 2 sales selling 13,745 shares for an estimated $1,390,924.
- ROBERT BLUMOFE (Chief Technology Officer) has made 0 purchases and 4 sales selling 13,500 shares for an estimated $1,281,550.
- AARON AHOLA (EVP & General Counsel) has made 0 purchases and 2 sales selling 12,000 shares for an estimated $1,218,166.
- JON MILLER sold 11,000 shares for an estimated $1,129,370
- LAURA HOWELL (SVP, Chief Accounting Officer) sold 11,273 shares for an estimated $1,128,822
- MADHU RANGANATHAN sold 3,131 shares for an estimated $319,362
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API.
$AKAM Revenue
$AKAM had revenues of $1.1B in Q4 2025. This is an increase of 7.35% from the same period in the prior year.
You can track AKAM financials on Quiver Quantitative's AKAM stock page.
$AKAM Congressional Stock Trading
Members of Congress have traded $AKAM stock 3 times in the past 6 months. Of those trades, 1 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $AKAM stock by members of Congress over the last 6 months:
- REPRESENTATIVE LISA C. MCCLAIN has traded it 3 times. They made 1 purchase worth up to $15,000 on 10/30 and 2 sales worth up to $30,000 on 10/31, 10/30.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API.
$AKAM Hedge Fund Activity
We have seen 351 institutional investors add shares of $AKAM stock to their portfolio, and 350 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 5,069,562 shares (-89.9%) from their portfolio in Q4 2025, for an estimated $442,319,284
- POINT72 ASSET MANAGEMENT, L.P. added 3,797,143 shares (+inf%) to their portfolio in Q4 2025, for an estimated $331,300,726
- BLACKROCK, INC. removed 3,583,240 shares (-25.4%) from their portfolio in Q4 2025, for an estimated $312,637,690
- TWO SIGMA ADVISERS, LP added 1,539,700 shares (+511.0%) to their portfolio in Q4 2025, for an estimated $134,338,825
- TWO SIGMA INVESTMENTS, LP added 1,392,485 shares (+212.2%) to their portfolio in Q4 2025, for an estimated $121,494,316
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added 1,381,838 shares (+76896.9%) to their portfolio in Q4 2025, for an estimated $120,565,365
- RUBRIC CAPITAL MANAGEMENT LP added 1,200,000 shares (+inf%) to their portfolio in Q4 2025, for an estimated $104,700,000
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API.
$AKAM Analyst Ratings
Wall Street analysts have issued reports on $AKAM in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Scotiabank issued a "Sector Outperform" rating on 01/09/2026
- Keybanc issued a "Overweight" rating on 12/15/2025
- Oppenheimer issued a "Outperform" rating on 11/17/2025
To track analyst ratings and price targets for $AKAM, check out Quiver Quantitative's $AKAM forecast page.
$AKAM Price Targets
Multiple analysts have issued price targets for $AKAM recently. We have seen 13 analysts offer price targets for $AKAM in the last 6 months, with a median target of $114.0.
Here are some recent targets:
- Amit Daryanani from Evercore ISI Group set a target price of $130.0 on 04/14/2026
- James Fish from Piper Sandler set a target price of $114.0 on 04/07/2026
- William Power from Baird set a target price of $110.0 on 04/02/2026
- Michael Elias from TD Cowen set a target price of $100.0 on 02/20/2026
- Patrick Colville from Scotiabank set a target price of $120.0 on 02/20/2026
- Roger Boyd from UBS set a target price of $110.0 on 02/20/2026
- Jackson Ader from Keybanc set a target price of $120.0 on 02/20/2026
Full Release
CAMBRIDGE, Mass., April 28, 2026 (GLOBE NEWSWIRE) -- Akamai (NASDAQ: AKAM) today released new research showing that organizations are rushing to deploy APIs without adequate security or testing, leaving them vulnerable to attacks once released. Now in its fourth year, the Akamai API Security Impact Survey examines the state of API protection based on a global survey of 1,840 security professionals across 6 industries and 10 countries.
The study shows that API attacks continue to rise. Eighty-seven percent of respondents reported an API-related security incident in the past year, up from 76% in 2022. On average, organizations reported 3.5 API-related security incidents in the past 12 months, with an average cost exceeding US$700,000 per incident.
Security teams rank securing AI technologies as their top cybersecurity priority (38%) for the next year. Additionally, 42% of security professionals say APIs that power their AI applications, agents, and large language models (LLMs) were targeted by cyberattacks in the past 12 months. These findings reinforce recent Akamai research that identified APIs as a primary attack surface for cybercriminals .
Survey results show organizations increasingly lack API visibility, a problem worsened by AI, with only 23% of enterprises with full API inventories now knowing which APIs expose sensitive data — down from 40% in 2022.
Other survey findings include:
- Nearly all respondents in the financial services sector (96%) reported an API-related attack in the past 12 months.
- The industries with the highest incident costs were energy and utilities (US$860,000), manufacturing (US$732,000), and health and life sciences (US$725,000).
- Nearly 80% of enterprises rank API security among their top three cybersecurity priorities.
- Forty percent of C-suite leaders report advanced API testing maturity, compared with just 28% of DevSecOps teams. This suggests that leadership confidence exceeds what implementation teams report on the ground.
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Slightly more than half of organizations (53%) have dedicated personnel responsible for API security.
“The rapid expansion of the API attack surface means organizations who rely heavily on APIs face significant risks, financial impact, and compromised visibility,” said Sean Lyons, Senior Vice President and General Manager, Application and Infrastructure Security at Akamai. “APIs are rapidly exploding in number and most companies can’t keep track of them. If you’re adopting AI, API security can't be an afterthought. You need the foundation to actually trust the AI systems you're building.”
Beyond survey insights, the study also provides recommendations to help security teams strengthen their API security strategies. These include closing visibility gaps by discovering and inventorying all APIs that are linked to LLMs and AI applications, embedding security testing and controls throughout the API lifecycle, and treating API security as a prerequisite for trusted AI.
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 akamai.com and akamai.com/blog , or follow Akamai Technologies on X and LinkedIn .
Contact
Akamai Media Relations
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