AWS announced the preview of the Amazon Q Developer integration in GitHub.
The number and severity of API attacks and vulnerabilities are increasing according to the API ThreatStats™2024 Report from Wallarm — there was a 30% increase in API-related Common Vulnerabilities and Exposures (CVEs) and security bulletins in 2023 compared to 2022.
Additionally, malicious requests involving APIs that Wallarm blocked rose significantly from 54% in 2022 to 70% in 2023.
These attacks aren't going unnoticed by the public. Half of the top 20 most mentioned vulnerabilities in Google Searches are API-related, indicating growing public awareness and concern about API security.
"The growth in malicious API requests and rising public awareness of APIs in 2023 prove that API security is growing increasingly crucial for business leaders and cybersecurity professionals to prioritize in their digital security strategies," said Ivan Novikov, CEO of Wallarm.
Source: Wallarm(link is external)
Injections and API leaks dominate top API security risks
Injections, which involve malicious data or code being inserted into an API that leads to unauthorized access and data breaches, nabbed the first spot on the "Top 10 API Security Risks for 2023" list.
Although a newer entry on the list, API leaks ranked fourth due to their potential for unrestrained disclosure of sensitive data, often through negligent methods. API leaks are often overlooked, as evidenced by their absence from the OWASP Top 10 threat list.
API security bugs rule the bounty game with 62% of rewards
In 2023, most bug bounties — ethical hackers that test and challenge major companies' security systems — were for API security: 62% of all bounty payments. Notably, API-related bounties are higher in value compared to other categories. The highest payout for an API bug was $15,000, three times larger than the highest non-API payout of $5,000.
Social media platform Snapchat had the highest bug bounty payout in 2023, signifying more major players see the importance of getting ahead of critical security flaws.
API security predictions for 2024 that demand immediate action
The report predicts there will be an intensified focus on emerging API data leaks as a significant risk in 2024, emphasizing the prevention of sensitive information breaches that include API keys and JWT tokens.
There will also be a shift towards adopting novel metrics for vulnerability triaging and an increased focus on addressing broken access control and authorization (BOLA) issues in API security strategies.
Industry News
The OpenSearch Software Foundation, the vendor-neutral home for the OpenSearch Project, announced the general availability of OpenSearch 3.0.
Wix.com announced the launch of the Wix Model Context Protocol (MCP) Server.
Pulumi announced Pulumi IDP, a new internal developer platform that accelerates cloud infrastructure delivery for organizations at any scale.
Qt Group announced plans for significant expansion of the Qt platform and ecosystem.
Testsigma introduced autonomous testing capabilities to its automation suite — powered by AI coworkers that collaborate with QA teams to simplify testing, speed up releases, and elevate software quality.
Google is rolling out an updated Gemini 2.5 Pro model with significantly enhanced coding capabilities.
BrowserStack announced the acquisition of Requestly, the open-source HTTP interception and API mocking tool that eliminates critical bottlenecks in modern web development.
Jitterbit announced the evolution of its unified AI-infused low-code Harmony platform to deliver accountable, layered AI technology — including enterprise-ready AI agents — across its entire product portfolio.
The Cloud Native Computing Foundation® (CNCF®), which builds sustainable ecosystems for cloud native software, and Synadia announced that the NATS project will continue to thrive in the cloud native open source ecosystem of the CNCF with Synadia’s continued support and involvement.
RapDev announced the launch of Arlo, an AI Agent for ServiceNow designed to transform how enterprises manage operational workflows, risk, and service delivery.
Check Point® Software Technologies Ltd.(link is external) announced that its Quantum Firewall Software R82 — the latest version of Check Point’s core network security software delivering advanced threat prevention and scalable policy management — has received Common Criteria EAL4+ certification, further reinforcing its position as a trusted security foundation for critical infrastructure, government, and defense organizations worldwide.
Postman announced full support for the Model Context Protocol (MCP), helping users build better AI Agents, faster.
Opsera announced new Advanced Security Dashboard capabilities available as an extension of Opsera's Unified Insights for GitHub Copilot.