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Industry Landscape
Total Assets Under Management (AUM)
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Total Addressable Market
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Emerging Technologies
AI-Powered API Security
AI-powered security solutions are enhancing API security by automating threat detection, vulnerability scanning, and incident response, leading to more proactive and efficient security measures.
Serverless Security
Serverless security is becoming increasingly important as more applications are deployed using serverless architectures, requiring specialized tools and techniques to secure these environments.
DevSecOps Automation
The rise of DevSecOps practices integrates security throughout the entire software development lifecycle, enabling faster and more secure releases through automated security testing and continuous monitoring.
Impactful Policy Frameworks
California Consumer Privacy Act (CCPA)
The California Consumer Privacy Act (CCPA) of 2018 grants California consumers rights over their personal data, including the right to know, the right to delete, and the right to opt-out of the sale of their personal information.
Stringent enforcement of data protection rules necessitates that Akto's clients prioritize data security, driving demand for advanced API security solutions to prevent data breaches and ensure compliance.
Health Insurance Portability and Accountability Act (HIPAA)
The Health Insurance Portability and Accountability Act (HIPAA) of 1996 establishes national standards to protect individuals' medical records and other personal health information.
Compliance with HIPAA mandates robust security measures for APIs handling sensitive patient data, increasing the importance of Akto's API security platform in healthcare applications.
Gramm-Leach-Bliley Act (GLBA)
The Gramm-Leach-Bliley Act (GLBA) of 1999 requires financial institutions to explain their information-sharing practices to their customers and to safeguard sensitive data.
Organizations must implement strong API security measures to safeguard financial data, leading to increased demand for Akto's solutions in the financial services sector.
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