Akamai Security Research: APIs Are Now Target of Choice for Cybercriminals Attacking Financial Services Organizations
(World News Science)

Up to 75% of all Credential Abuse Attacks Targeted APIs CAMBRIDGE, Mass., Feb. 19, 2020 /PRNewswire/ --Akamai Technologies, Inc. (NASDAQ: AKAM) today published the Akamai 2020 State of the Internet / Security: Financial Services - Hostile Takeover Attempts report. The research findings reveal that from May 2019 and continuing on until the end of the year, there was a dramatic shift by criminals who started targeting APIs, in an effort to bypass security controls. According to data from Akamai, up to 75% of all credential abuse attacks against the financial services industry targeted APIs directly. According to the report`s findings, from December 2017 through November 2019, Akamai observed...