Akamai CEO Predicts Strong Year for Growth in 2019

The video discusses the transition from legacy banking systems to blockchain for improved efficiency and security. It highlights the resilience of cybersecurity amidst economic challenges and forecasts growth in the sector. The potential market for security products, including zero trust architecture, is explored. Akamai's business in China is examined, noting minimal impact from trade issues. The video also addresses data privacy concerns, GDPR compliance, and the tension between consumer trust and tech companies' data usage.

What is the primary goal of transitioning to a blockchain-based system in banking?

• To reduce the number of banks

• To eliminate the need for cybersecurity

• To enhance speed, scalability, efficiency, and security

• To increase transaction fees

Why is the cybersecurity sector not negatively impacted by economic challenges?

• Because it is a declining market

• Because every enterprise requires security solutions more than ever

• Because enterprises do not need security solutions

• Because it is not related to technology

What new security architecture is Akamai bringing to market?

• Zero trust enterprise security architecture

• Open-source security architecture

• Blockchain security

• Legacy security systems

How has Akamai's business in China been affected by trade issues?

• It has declined significantly

• It has been unaffected but not growing

• It has been growing rapidly with no major impact

• It has stopped completely

What is a major challenge in implementing data privacy regulations like GDPR?

• Insufficient technological support

• The complexity and inherent tension in data usage control

• Lack of interest from companies

• Overwhelming consumer demand for data sharing