We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Akamai Takes Krebs' Site Off Server After Cyberattack
Read MoreHide Full Article
Per some media reports, Akamai Technologies, Inc. (AKAM - Free Report) has taken the website of Brian Krebs, a security journalist, off its servers following a “record” cyberattack.
The Story
Brian Krebs’ website www.krebsonsecurity.com has been a victim of a sustained cyber-attack since Tuesday. The attackers used the distributed denial-of-service (DDoS) method to take down the site, wherein huge traffic is channeled artificially toward a website, disrupting its accessibility by legitimate users.
To be more precise, in excess of 620 Gbps/second of traffic was directed at Krebs’s website that was nearly double of what Akamai has witnessed in the past.
Reason Behind the Attack
It is being surmised that Brian Krebs’ recent report on vDOS, a website offering cyberattacks for hire operated by two Israeli men, may be the reason behind the attack.
Notably, the two attackers Itay Hari and Yarden Bidani have been arrested by the police following Krebs’ report.
Our Take
Akamai is a leading player in the Content Delivery Network (CDN) space. The company is also poised to benefit from the increasing demand for cloud infrastructure solutions, mobile products, security and online video.
Additionally, Akamai’s collaborations with some technology majors such as Microsoft Corporation (MSFT - Free Report) , and Cisco Systems, Inc. (CSCO - Free Report) among others are likely to create financial synergies for the company in the long run.
Although the Brian Krebs website fiasco has put the company in a challenging situation, Akamai has handled the situation deftly, protecting the other websites on its servers.
Notably, Lantronix witnessed one positive estimate revision in the last 30 days.
Confidential from Zacks
Beyond this Analyst Blog, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Akamai Takes Krebs' Site Off Server After Cyberattack
Per some media reports, Akamai Technologies, Inc. (AKAM - Free Report) has taken the website of Brian Krebs, a security journalist, off its servers following a “record” cyberattack.
The Story
Brian Krebs’ website www.krebsonsecurity.com has been a victim of a sustained cyber-attack since Tuesday. The attackers used the distributed denial-of-service (DDoS) method to take down the site, wherein huge traffic is channeled artificially toward a website, disrupting its accessibility by legitimate users.
To be more precise, in excess of 620 Gbps/second of traffic was directed at Krebs’s website that was nearly double of what Akamai has witnessed in the past.
Reason Behind the Attack
It is being surmised that Brian Krebs’ recent report on vDOS, a website offering cyberattacks for hire operated by two Israeli men, may be the reason behind the attack.
Notably, the two attackers Itay Hari and Yarden Bidani have been arrested by the police following Krebs’ report.
Our Take
Akamai is a leading player in the Content Delivery Network (CDN) space. The company is also poised to benefit from the increasing demand for cloud infrastructure solutions, mobile products, security and online video.
Additionally, Akamai’s collaborations with some technology majors such as Microsoft Corporation (MSFT - Free Report) , and Cisco Systems, Inc. (CSCO - Free Report) among others are likely to create financial synergies for the company in the long run.
Although the Brian Krebs website fiasco has put the company in a challenging situation, Akamai has handled the situation deftly, protecting the other websites on its servers.
AKAMAI TECH Price
AKAMAI TECH Price | AKAMAI TECH Quote
Zacks Rank & Key Picks
At present, Akamai carries a Zacks Rank #3 (Hold).
A better-ranked stock in the broader technology space is Lantronix, Inc. (LTRX - Free Report) , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Notably, Lantronix witnessed one positive estimate revision in the last 30 days.
Confidential from Zacks
Beyond this Analyst Blog, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>>