The State of API Security 2024
We're excited to announce the release of our latest State of API Security 2024 report!
We're excited to announce the release of our latest State of API Security 2024 report! At FireTail, we're passionate about reshaping cybersecurity, and this comprehensive analysis dives deep into the evolving landscape of API security. With the rapid adoption of microservice-based architectures, cloud-native solutions, containerization, and AI, the API attack surface is expanding faster than ever.
Did you know that over 80% of all internet traffic is now computer-to-computer communication via APIs? It's clear that APIs are the backbone of innovation, but they're also prime targets for cyber attacks.
Our 2024 report builds on last year's findings and incorporates the latest OWASP API Top 10 updates. By leveraging both our internal customer data and external public APIs, we've confirmed some eye-opening trends:
- API Data Breaches Up 80%: We've seen a staggering 80% increase in breaches, with the total number of records breached growing by 214% year over year.
- 1.6B Records Exposed: In 2023 alone, 175 million records were exposed. Over the past seven years, our data breach tracker has recorded over 1.6 billion records exposed.
- 158,336 Potential API Vulnerabilities Identified: Our research across 206 Fortune 500 APIs revealed an average of 769 issues per API, with authentication and authorization remaining the top attack vectors.
A collaborative effort involving Jeremy Snyder, Timo Rüppell, Riley Priddle and Viktor Markopoulos, the 2024 report includes direct research into publicly disclosed API breaches, Fortune 500 APIs, Github projects and FireTail platform data. Covering all of the key events in API security from the previous 12 months, this a report you don't want to miss.
