October 30, 2007 - Akamai Offers Industry's First And Only PCI Compliant Service For Accelerating Secure Credit Card Transactions Online
CAMBRIDGE, MA — October 30, 2007 — Akamai Technologies, Inc. (NASDAQ: AKAM), the leading global service provider for accelerating content and applications online, today introduced the industry's first and only PCI-compliant site acceleration service. PCI-compliant site and transaction acceleration will provide companies conducting ecommerce online with the assurance that sensitive credit card information is transmitted over a platform that is PCI-compliant.
The PCI Standards Security Council, comprising of American Express, Discover, JCB, MasterCard and Visa, recently increased pressure on commerce organizations to protect their customers' credit card data. This heightened pressure has included severe punitive consequences for noncompliance, including fines or loss of privileges to accept credit card payments, or to use the credit cards' brands. Akamai is now the first and only transaction acceleration service that is certified for compliance with PCI, securely improving the performance and reliability of commerce Web sites and ecommerce transactions.
"Historically, as retailers have worked to achieve compliance, they have had to engage with their technology partners to certify compliance,” said Andy Ellis, chief security architect, Akamai. "As a response, we have created a solution that accelerates site transactions in a secure manner, while making it faster and easier to achieve PCI compliance. For the majority of our commerce customers, PCI compliance remains one of their top requirements."
To become PCI compliant, Akamai undertook an audit of its globally-distributed network and information security policies and systems. The audit covered the Akamai Secure Sockets Layer (SSL) network and all of the associated management tools, processes and procedures.
"The PCI security standards have laid out requirements for securing network, protecting cardholder data and regulating security systems," said Steven Trimbo, Director, Online Operations, Best Buy. "Compliance with PCI is essential for us in order to offer our customers the convenience of online credit card transactions. It is critical that our technology partner Akamai is prepared and well positioned to provide a secure and reliable protection platform, helping us to meet the highest of industry security standards."
"Having a PCI compliant transaction acceleration infrastructure is one of the critical requirements for today's e-commerce businesses as we handle large amounts of sensitive customer payment data," said Jim Moran, Chief Information Security Officer, Educational Testing Service, an organization that helps to advance quality and equity in education for all people worldwide. "The Akamai PCI site acceleration service allows us to optimize the performance of our e-commerce systems while ensuring transactions are handled in a PCI compliant manner, making for a faster and more secure end user experience."
The Akamai Dynamic Site Accelerator solution enables ecommerce companies to not only accelerate their dynamic site transaction and rich Web 2.0 content, but also accelerates all of their sites transactions including search, add-to-cart and check out. By achieving PCI standards, Akamai will further improve its transaction acceleration services by offering an industry first -- the Dynamic Site Accelerator PCI solution for speeding up secure credit card transactions online in a PCI compliant manner. The Dynamic Site Accelerator PCI service will include:
"Businesses who use Akamai's new Dynamic Site Accelerator PCI service will be able to more rapidly obtain PCI compliance of their Akamai SSL infrastructure in a much more cost effective manner," said Chris Mark, President, The Aegenis Group, a regulatory compliance and risk management consulting organization. “The Akamai Dynamic Site Accelerator PCI service is a big help to online merchants - not only proactively supporting its customers' PCI compliance efforts, but also accelerating their secure credit card transactions in a PCI manner." Available today as a beta service, Akamai Dynamic Site Accelerator PCI will be commercially available in the first quarter of 2008.
About Akamai
Akamai® is the leading global service provider for accelerating content and applications online. Thousands of organizations have formed trusted relationships with Akamai, improving their revenue and reducing costs by maximizing the performance of their online businesses. Leveraging the Akamai EdgePlatform, these organizations gain business advantage today, and have the foundation for the emerging Web solutions of tomorrow. Akamai is "The Trusted Choice for Online Business." For more information, visit www.akamai.com.
Akamai Statement Under the Private Securities Litigation Reform Act
The 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 our services or network by unauthorized users or others, failure to have available sufficient transmission capacity, a failure of Akamai's network infrastructure, and other factors that are discussed in the Company's Annual Report on Form 10-K, quarterly reports on Form 10-Q, and other documents periodically filed with the SEC.
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Helen Tse Media Relations Akamai Technologies, Inc 858-332-3973 htse@akamai.com |
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Sandy Smith Investor Relations Akamai Technologies 617-444-2804 ssmith@akamai.com |
- To ensure consistent security standards for the protection of credit card data, Akamai complies with the Payment Card Industry (PCI) Data Security Standard
- Assurance for secure online transactions enables ecommerce businesses to improve brand loyalty, reduce site abandonment and increase conversion rates
- Akamai's new Dynamic Site Accelerator PCI service includes PCI audit management portal, configuration validation tools, infrastructure scanning reports, service integration guidelines and a PCI compliant SSL network
CAMBRIDGE, MA — October 30, 2007 — Akamai Technologies, Inc. (NASDAQ: AKAM), the leading global service provider for accelerating content and applications online, today introduced the industry's first and only PCI-compliant site acceleration service. PCI-compliant site and transaction acceleration will provide companies conducting ecommerce online with the assurance that sensitive credit card information is transmitted over a platform that is PCI-compliant.
The PCI Standards Security Council, comprising of American Express, Discover, JCB, MasterCard and Visa, recently increased pressure on commerce organizations to protect their customers' credit card data. This heightened pressure has included severe punitive consequences for noncompliance, including fines or loss of privileges to accept credit card payments, or to use the credit cards' brands. Akamai is now the first and only transaction acceleration service that is certified for compliance with PCI, securely improving the performance and reliability of commerce Web sites and ecommerce transactions.
"Historically, as retailers have worked to achieve compliance, they have had to engage with their technology partners to certify compliance,” said Andy Ellis, chief security architect, Akamai. "As a response, we have created a solution that accelerates site transactions in a secure manner, while making it faster and easier to achieve PCI compliance. For the majority of our commerce customers, PCI compliance remains one of their top requirements."
To become PCI compliant, Akamai undertook an audit of its globally-distributed network and information security policies and systems. The audit covered the Akamai Secure Sockets Layer (SSL) network and all of the associated management tools, processes and procedures.
"The PCI security standards have laid out requirements for securing network, protecting cardholder data and regulating security systems," said Steven Trimbo, Director, Online Operations, Best Buy. "Compliance with PCI is essential for us in order to offer our customers the convenience of online credit card transactions. It is critical that our technology partner Akamai is prepared and well positioned to provide a secure and reliable protection platform, helping us to meet the highest of industry security standards."
"Having a PCI compliant transaction acceleration infrastructure is one of the critical requirements for today's e-commerce businesses as we handle large amounts of sensitive customer payment data," said Jim Moran, Chief Information Security Officer, Educational Testing Service, an organization that helps to advance quality and equity in education for all people worldwide. "The Akamai PCI site acceleration service allows us to optimize the performance of our e-commerce systems while ensuring transactions are handled in a PCI compliant manner, making for a faster and more secure end user experience."
The Akamai Dynamic Site Accelerator solution enables ecommerce companies to not only accelerate their dynamic site transaction and rich Web 2.0 content, but also accelerates all of their sites transactions including search, add-to-cart and check out. By achieving PCI standards, Akamai will further improve its transaction acceleration services by offering an industry first -- the Dynamic Site Accelerator PCI solution for speeding up secure credit card transactions online in a PCI compliant manner. The Dynamic Site Accelerator PCI service will include:
- PCI audit management portal
- Automated tools for validating site configurations
- Infrastructure scanning reports
- PCI certificate of validation
- Service integration guidelines for PCI compliance
- PCI incident notification and response
- PCI authorized terms and conditions of compliance
- PCI compliant SSL network
"Businesses who use Akamai's new Dynamic Site Accelerator PCI service will be able to more rapidly obtain PCI compliance of their Akamai SSL infrastructure in a much more cost effective manner," said Chris Mark, President, The Aegenis Group, a regulatory compliance and risk management consulting organization. “The Akamai Dynamic Site Accelerator PCI service is a big help to online merchants - not only proactively supporting its customers' PCI compliance efforts, but also accelerating their secure credit card transactions in a PCI manner." Available today as a beta service, Akamai Dynamic Site Accelerator PCI will be commercially available in the first quarter of 2008.
About Akamai
Akamai® is the leading global service provider for accelerating content and applications online. Thousands of organizations have formed trusted relationships with Akamai, improving their revenue and reducing costs by maximizing the performance of their online businesses. Leveraging the Akamai EdgePlatform, these organizations gain business advantage today, and have the foundation for the emerging Web solutions of tomorrow. Akamai is "The Trusted Choice for Online Business." For more information, visit www.akamai.com.
Akamai Statement Under the Private Securities Litigation Reform Act
The 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 our services or network by unauthorized users or others, failure to have available sufficient transmission capacity, a failure of Akamai's network infrastructure, and other factors that are discussed in the Company's Annual Report on Form 10-K, quarterly reports on Form 10-Q, and other documents periodically filed with the SEC.
