Akamai CEO Says Security Business Is Booming

The transcript discusses Akamai's strong business performance, highlighting investor reactions, low churn rates, and growth in security and media sectors. It emphasizes the company's leadership in security, particularly in DDoS protection and Web app firewalls. The impact of video streaming and original content on traffic growth is explored. Akamai's M&A interests focus on security, while cybersecurity threats from nation-states and organized crime are addressed. Looking ahead, the company sees potential in the Internet of Things, blockchain, and zero trust security models.

What was a key factor in Akamai's strong financial performance in the second quarter?

• Decline in security business

• Growth in the media business

• High churn rates

• Decrease in profits

Which sector is Akamai particularly interested in for mergers and acquisitions?

• Gaming

• Cloud computing

• Security

• Media

What is a major concern in the cybersecurity landscape according to the transcript?

• Lack of investment in cyber defense

• Increased security measures by banks

• Threats from nation-states and organized crime

• Decrease in cyber attacks

How does Akamai view the future of the internet?

• As a declining industry

• As being fully developed

• As having limited potential

• As being at the beginning of a revolutionary phase

What technological advancements are expected to revolutionize the financial industry?

• Artificial Intelligence

• Quantum Computing

• Blockchain

• Internet of Things