93% of organisations in India experienced API security incident in past year: Akamai survey

Akamai has released new research highlighting how application programming interface (API) security is lagging as AI adoption accelerates across Asia Pacific. The APAC edition of Akamai’s API Security Impact Study found that 81% of respondents in the region experienced an API security incident in the past 12 months. The financial toll is equally striking, with the average estimated cost per incident exceeding US$1 million, up sharply from US$580,000 in last year’s study, exposing a growing blind spot as AI reshapes how attacks are launched and scaled. 

Among 640 cybersecurity decision-makers surveyed across India, China, Japan, and Singapore, attacks involving APIs linked to AI technologies, including applications, agents, and large language models (LLMs), emerged as the most common incident type, cited by 43% of respondents. The findings also point to a persistent visibility gap, with only 22% saying they have a complete API ...