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The Rising Cost of Vulnerable APIs and Bot Attacks – A $186 Billion Wake-Up Call for Businesses

Summary by Security Boulevard
How much do bot attacks and API insecurity cost organizations? To answer these questions, Imperva engaged the Marsh McLennan Cyber Risk Intelligence Center to analyze incident data related to vulnerable APIs and bot attacks. Imperva’s latest report, “The Economic Impact of API and Bot Attacks,” covers the findings of the analysis. The analysis studied over […] The post The Rising Cost of Vulnerable APIs and Bot Attacks – A $186 Billion Wake-Up C…

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Security BoulevardSecurity Boulevard

The Rising Cost of Vulnerable APIs and Bot Attacks – A $186 Billion Wake-Up Call for Businesses

How much do bot attacks and API insecurity cost organizations? To answer these questions, Imperva engaged the Marsh McLennan Cyber Risk Intelligence Center to analyze incident data related to vulnerable APIs and bot attacks. Imperva’s latest report, “The Economic Impact of API and Bot Attacks,” covers the findings of the analysis. The analysis studied over […] The post The Rising Cost of Vulnerable APIs and Bot Attacks – A $186 Billion Wake-Up C…

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aetoswire.comaetoswire.com

Vulnerable APIs and Bot Attacks Costing Businesses up to $186 Billion Annually

(BUSINESS WIRE)--Thales, the cybersecurity leader that protects critical applications, APIs, and data, anywhere at scale, releases the “Economic Impact of API and Bot Attacks” report. The analysis of more than 161,000 unique cybersecurity incidents uncovers the rising global costs of vulnerable or insecure APIs and automated abuse by bots, two security threats that are increasingly interconnected and prevalent. The report estimates that API inse…

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Global Security Mag OnlineGlobal Security Mag Online

Imperva, a Thales group company: API vulnerability and bot attacks cost businesses up to 186 billion dollars per year — Global Security Mag Online

Imperva, a Thales group company, has just published a report on “The Economic Impact of API and Bot Attacks”. Examining over 161,000 unique cybersecurity incidents, this report analyzes the global increase in costs associated with API vulnerability and automated bot attacks, two increasingly intertwined and widespread threats that, according to the report, would cost businesses around the world up to $186 billion per year [1]. This report is bas…

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Fintech FinanceFintech Finance

Vulnerable APIs and Bot Attacks Costing Businesses up to $186 Billion Annually

Thales, the cybersecurity leader that protects critical applications, APIs, and data, anywhere at scale, releases the “Economic Impact of API and Bot Attacks” report. The analysis of more than 161,000 unique cybersecurity incidents and uncovers the rising global costs of vulnerable or insecure APIs and automated abuse by bots, two security threats that are increasingly interconnected and prevalent. The report estimates that API insecurity and bo…

Read Full Article
Global Security Mag OnlineGlobal Security Mag Online

Imperva, a Thales group company: API vulnerability and bot attacks cost businesses up to 186 billion dollars per year — Global Security Mag Online

Imperva, a Thales group company, has just published a report on “The Economic Impact of API and Bot Attacks”. Examining over 161,000 unique cybersecurity incidents, this report analyzes the global increase in costs associated with API vulnerability and automated bot attacks, two increasingly intertwined and widespread threats that, according to the report, would cost businesses around the world up to $186 billion per year [1]. This report is bas…

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cioinfluence.comcioinfluence.com

Vulnerable APIs and Bot Attacks Costing Businesses up to $186 Billion Annually

API insecurity and automated abuse by bots responsible for up to 11.8% of cyber events and losses globally Bot-related security incident count rose 88% in 2022 and 28% in 2023 Insecure APIs result in up to $12 billion more in losses than they did in 2021 Thales, the cybersecurity leader that protects critical applications, APIs, and data, anywhere at scale, releases the “Economic Impact of API and Bot Attacks” report. The analysis of more …

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