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Security Leaders Cite AI as a Risk Multiplier for APIs in New Akamai Survey

AKAM
  • Akamai released its fourth annual API Security Impact Survey based on responses from 1,840 security professionals across 6 industries & 10 countries.
  • 87% of respondents reported API-related security incidents in the past year, an increase from 76% in 2022.
  • Organizations reported an average of 3.5 API security incidents annually, with costs exceeding US$700,000 per incident.
  • Securing AI technologies is the top cybersecurity priority for 38% of teams, while 42% noted APIs powering AI applications were targeted.
  • Only 23% of enterprises now know which APIs expose sensitive data, a decline from 40% in 2022.
  • 96% of financial services respondents reported API attacks in the past 12 months.
  • The highest incident costs occurred in energy & utilities (US$860,000), manufacturing (US$732,000), & health & life sciences (US$725,000).
  • 80% of enterprises rank API security among their top three cybersecurity priorities.
  • 40% of C-suite leaders report advanced API testing maturity, compared to 28% of DevSecOps teams.
  • 53% of organizations have dedicated personnel responsible for API security.
  • Akamai recommends closing visibility gaps, embedding security testing throughout the API lifecycle, & treating API security as a prerequisite for trusted AI.