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New Report: The Economic Impact of API and BOT attacks

By Laura Beaulieu posted 09-24-2024 07:17

  

Hi Community

I wanted to bring this brand new report to your attention as it has some really valuable information. 

Ever wondered what the real annual cost of API and BOT insecurity is? We have the answer:

Approx. $186 billion

Imperva engaged the Marsh McLennan Cyber Risk Intelligence Center to produce this new report on the economic impact of API and BOT attacks. Over 161,000 unique cybersecurity incidents were analysed in this study and here are some of the key insights and takeaways for you to consider:

API and Bot-Related Security Incidents Grow at an Alarming Rate

With the rapid adoption of APIs in the modern business environments, they have become an attractive target for cybercriminals.

The Impact on Large Enterprises

The study found that these enterprises are 2-3 times more likely to experience automated API abuse by bots than smaller businesses.

Global Vulnerability

The report also highlights the global nature of these threats, with countries like Brazil, France, Japan, and India experiencing high percentages of security incidents related to insecure APIs and bot attacks. It also highlights that the majority of all incidents reported within the USA were API / Bot related.

Click on the link below to learn more and download the report:

The Economic Impact of API and Bot Attacks


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