The Rising Cost of Insecure APIs and Bot Attacks: Global Firms Face $186 Billion in Losses
In the evolving landscape of digital threats, two growing concerns are proving costly for organizations worldwide: insecure APIs and bot attacks. A recent report highlights that these vulnerabilities have escalated dramatically, with global firms suffering financial losses between $94 billion to $186 billion annually. The exponential rise in API adoption, combined with AI-powered bot attacks, has created a perfect storm for cybercriminals to exploit.