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

October 7, 2024 at 07:45AM Organizations face significant financial losses of up to $186 billion annually due to vulnerable APIs and bot abuse, posing escalating risks to global businesses. API adoption has dramatically expanded the attack surface, leading to a 40% increase in API-related security incidents. Meanwhile, bot attacks have surged by 88%, driven by … Read more

Cybercriminals Tap Greasy Opal to Create 750M Fake Microsoft Accounts

August 26, 2024 at 03:45PM Greasy Opal, a tool used for cyberattacks, facilitates volumetric bot attacks, particularly targeting CAPTCHA systems. A threat actor group orchestrated an attack resulting in 750 million fake Microsoft accounts. Microsoft seized control of the domains. Greasy Opal leverages advanced technology to bypass defenses, posing a challenge to traditional security measures. … Read more

Automated Threats Pose Increasing Risk to the Travel Industry

July 18, 2024 at 07:33AM As the travel industry rebounds, it faces a surge in automated threats. Imperva’s 2024 report reveals that bad bots accounted for 44.5% of web traffic in 2023. The industry could see increased bot activity targeting unauthorized scraping, seat spinning, account takeover, and fraud. Strategies for defense include advanced traffic analysis … Read more