The API Security Threat Report for 2021 shows a surge in automated attacks and bot-driven fraud. High-volume gift card fraud, low-and-slow loan fraud, and sophisticated payment fraud dominated the landscape. Shopping bots became more advanced with Bots-as-a-Service, impacting retailers’ bottom lines. Account takeover attacks continued as a persistent challenge, creating a cat-and-mouse game between attackers and defenders. The report highlights how cybercriminals exploited automation to scale attacks, emphasizing the need for robust API security and bot mitigation strategies.

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