"API Abuses and Attacks Create New Challenges for Retailers"

Imperva Threat Research has released the "The State of Security Within eCommerce 2022" report, a 12-month analysis of cybersecurity threats targeting the retail industry. Account takeover, credit card fraud, web scraping, Application Programming Interface (API) abuses, Grinch bots, and Distributed Denial-of-Service (DDoS) attacks were ongoing challenges for the eCommerce industry, threatening online sales and customer satisfaction. Attacks on retailers' websites, apps, and APIs throughout the calendar year, particularly during the peak holiday shopping season, is a continuing business risk for the retail industry. According to Lynn Marks, Senior Product Manager at Imperva, the holiday shopping season is a critical period for the retail industry, and cybersecurity threats could undermine retailers' bottom lines. This industry is subject to a wide range of security threats, most of which are automated and continuous. In order to stop these persistent attacks, retailers need a unified approach that focuses on data protection and is equipped to mitigate attacks quickly without disruption for customers. Nearly 40 percent of traffic to retailers' websites in the last year did not come from humans. Instead, it was caused by a malicious bot. The Grinch bot is notorious in the retail industry for inventory hoarding during the holiday shopping season, scooping up high-demand items, and making it difficult for consumers to purchase gifts online. This article continues to discuss key findings from Imperva's "The State of Security Within eCommerce 2022" report.

Help Net Security reports "API Abuses and Attacks Create New Challenges for Retailers"