Security News > 2024 > October > Vulnerable APIs and Bot Attacks Costing Businesses Up to $186 Billion Annually

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

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https://thehackernews.com/2024/10/vulnerable-apis-and-bot-attacks-costing.html