Vulnerable APIs and Bot Attacks Costing Businesses Up to 186 Billion Annually
Posted on October 7, 2024 • 1 min read • 63 wordsOrganizations are losing between $94 - $186 billion annually to vulnerable or insecure APIs (Application Programming Interfaces) and automated abuse by bots. That’s according to The Economic Impact of API and Bot Attacks report from Imperva, a Thales company. The report highlights that these security threats account for up to
Organizations are losing between $94 - $186 billion annually to vulnerable or insecure APIs (Application Programming Interfaces) and automated abuse by bots. That’s according to The Economic Impact of API and Bot Attacks report from Imperva, a Thales company. The report highlights that these security threats account for up to 11.8% of global cyber events and losses, emphasizing the escalating