The 2024 Economic Impact of API and Bot Attacks report reveals that API abuse by bots results in $8.9–17.9 billion in annual global losses, while combined bot and API attacks could cost $94–186 billion. APIs now drive 71% of internet traffic, with the average enterprise handling 1.5 billion API calls annually. Among all API attacks, 46% target endpoints and 27% exploit business logic—many executed by highly evasive bots. Account takeover remains a major threat vector. As APIs become central to digital operations, their growing attack surface poses serious financial and operational risks for organizations.

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