The API Security Crisis

and why you need MAS Security

The rapid expansion of API usage, driven by digital transformation, has unfortunately led to a corresponding surge in security vulnerabilities and incidents. The statistics below paint a clear picture of the urgent need for robust API security measures, including the significant financial impact:

84%

API Security Incidents

Of enterprises experienced API security incidents in 2024 (Akamai)

10x

Data Leakage

Average API breach leads to more leaked data than typical security breach (Gartner)

21%

Vulnerability Increase

API vulnerabilities increased in Q3 2024 with average CVSS score of 7 (Wallarm)

4.88M

Average Breach Cost

Average cost for data breaches with API incidents exposing 10x more data (IBM, 2024)

47%

Remediation Spending

Of organizations with API incidents spent over $100K in remediation (Kong, 2024)

27%

Data Visibililty

Only of organizations know which APIs return sensitive data (Akamai)

87B

Annual Cost

Annual cost for organizations due to API security issues (Akamai, 2024)

These compelling statistics and data points highlight the critical need for immediate action in securing your API ecosystem to protect sensitive data and maintain business continuity.