Imperva released a new study that uncovers the rising global costs of vulnerable or insecure APIs. The analysis of nearly 117,000 unique cybersecurity incidents estimates that API insecurity results in $41-$75 billion of losses annually. The study, conducted by the Marsh McLennan Cyber Risk Analytics Center, found that larger organizations were statistically more likely to have a higher percentage of API-related incidents. In fact, enterprises with revenues of at least $100 billion were 3-4x more … More
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