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Akamai and Trustwave Form Strategic Alliance to Protect Businesses from Online Threats - First Phase of Partnership Offers Broad Set of Security Solutions to Help Customers Address Changing Threat Landscape [NASDAQ: AKAM] - Akamai.com / Trustwave.com
Akamai and Trustwave Form Strategic Alliance to Protect Businesses from Online Threats

 

NewswireToday - /newswire/ - London, United Kingdom, 2015/06/02 - First Phase of Partnership Offers Broad Set of Security Solutions to Help Customers Address Changing Threat Landscape [NASDAQ: AKAM] - Akamai.com / Trustwave.com.

   
 
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Akamai Technologies, Inc., the global leader in content delivery network (CDN) services, and industry-leading managed security services firm Trustwave, today announced a new strategic alliance designed to help businesses more effectively fight a wide range of malicious online activities through vulnerability assessment, denial of service prevention and incident response.

Through this partnership, Akamai and Trustwave plan to make available to their respective customers select technology solutions and security services from each company's portfolio. The strategic relationship is intended to allow both companies to provide a broader set of cyber security protections to meet a wide range of customer requirements in a constantly changing cyber security threat landscape.

"Through this new alliance, Trustwave and Akamai will deliver more advanced threat and vulnerability management solutions to help businesses fight cybercrime, protect data and reduce risk," said Robert J. McCullen, Chairman and Chief Executive Officer at Trustwave. "We believe that augmenting the broad portfolio of security services we provide to businesses by adding distributed denial-of-service (DDoS) attack protection and cloud-based web application firewall services provided by an industry innovator like Akamai will greatly benefit our customers."

Services and products included in the first phase of the strategic alliance include:

• Security scanning and testing: Akamai will offer Trustwave Managed Security Testing to better help businesses find and fix vulnerabilities across their database, network and application assets through the cloud-based Trustwave TrustKeeper® platform.
• Distributed denial-of-service (DDoS) attack protection: Trustwave will offer Akamai's managed DDoS protection services as part of the Trustwave portfolio of managed security services. Akamai's industry-proven DDoS protection and mitigation capabilities are intended to keep websites and applications available, even in the midst of today's modern web attacks.
• Incident response and readiness: Akamai will offer Trustwave Incident Response and Readiness services delivered by Trustwave SpiderLabs®, a team of more than 150 ethical hackers, forensic investigators and researchers who conduct hundreds of data breach investigations per year. The service includes on-call responders and results in an actionable, tested plan to detect, triage and contain a breach.
• Web application security: Trustwave will augment its existing web application firewall (WAF) portfolio, which currently includes both a managed WAF service and on-premises product, by offering Akamai's cloud-based Kona Site Defender for businesses that prefer a cloud deployment option. Akamai and Trustwave intend to co-develop Trustwave managed service offerings for the Akamai Kona Site Defender and WAF products.

"Akamai has significant respect for the people, services and technology behind Trustwave," explained Stuart Scholly, senior vice president and general manager, Security Business Unit, Akamai. "By working together, our customers can augment their security posture with proven solutions and expertise, providing an even greater level of preparation and protection backed by the global, industry-leading managed security services from Trustwave. We believe adding Trustwave solutions to our portfolio will be of great benefit to our customers."

The collaboration between the two companies highlights the constantly evolving threat landscape illustrated by a number of security statistics:

• 96 percent of applications harbored one or more serious security vulnerabilities, according to the 2014 Trustwave Global Security Report. The finding demonstrates the need for more application security testing during the development, production and active phases, as well as deployments of web application firewalls for additional protection.
• According to Akamai's Q1 2015 State of the Internet: Security Report, the first quarter of 2015 set a record for the number of DDoS attacks recorded on Akamai's Prolexic network - more than double what was reported in Q1 2014. Malicious actors perform DDoS attacks to make computer systems and applications stop working for legitimate users, which can cause dramatic business disruption.
• At least 60 percent of enterprises will discover a breach of sensitive data in 2015, predicts Forrester Research in a recent report1 - underscoring the need for businesses to be running a mature incident response program.

About Akamai
As the global leader in Content Delivery Network (CDN) services, Akamai makes the Internet fast, reliable and secure for its customers. The company's advanced web performance, mobile performance, cloud security and media delivery solutions are revolutionizing how businesses optimize consumer, enterprise and entertainment experiences for any device, anywhere.

About Trustwave
Trustwave (trustwave.com) helps businesses fight cybercrime, protect data and reduce security risk. With cloud and managed security services, integrated technologies and a team of security experts, ethical hackers and researchers, Trustwave enables businesses to transform the way they manage their information security and compliance programs. More than three million businesses are enrolled in the Trustwave TrustKeeper® cloud platform, through which Trustwave delivers automated, efficient and cost-effective threat, vulnerability and compliance management. Trustwave is headquartered in Chicago, with customers in 96 countries.

Akamai Statement Under the Private Securities Litigation Reform Act
This release contains information about future expectations, plans and prospects of Akamai's management that constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors including, but not limited to, the effects of any attempts to intentionally disrupt Akamai's services or network or Trustwave's services or products by hackers or others, the inability of customers to enjoy combined benefits from the Akamai and Trustwave technologies, a failure of Akamai's network infrastructure, and other factors that are discussed in Akamai's Annual Report on Form 10-K, quarterly reports on Form 10-Q, and other documents periodically filed with the SEC.

1Source: Forrester Research: Planning For Failure," by John Kindervag, Rick Holland, and Heidi Shey, February 11, 2015.

 
 
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Akamai and Trustwave Form Strategic Alliance to Protect Businesses from Online Threats

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Publisher Contact: Abby Ross - Trustwave.com 
312-873-7648 aross[.]trustwave.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Trustwave securities in any jurisdiction including any other companies listed or named in this release.

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