Akamai reports DDoS attack traffic up 75% year-over-year Akamai released its Q4 State of the Internet Report. Based on data gathered from the Akamai Intelligent Platform. In Q4, more than 780M IPv4 addresses from 238 unique countries/regions connected to the Akamai Intelligent Platform. This translates to nearly 3% more than in tQ3 and 10% more than in 4Q12. Quarterly growth was also seen in eight of the top 10 countries/regions, with the greatest increase once again seen in Brazil, which added nearly 8%. Average connection speeds in top 10 countries/regions now at/above the "high broadband" threshold of 10 Mbps. Global average peak connection speed experiences 38 percent growth in 2013; Hong Kong tops list with highest average peak connection speed of 68 Mbps.
Akamai should be bought on any weakness, says RW Baird Baird said investors should be opportunistic buyers on any weakness in Akamai, as the firm's conviction in the strength and drivers of the company's underlying trends were solidified following meetings with management. Baird reiterated its Outperform rating and $71 price target on Akamai shares.