"APIs are a vital part of global business, powering the customer experiences and transactions we rely on daily. But they are increasingly targeted by attackers," said Rupesh Chokshi, Senior Vice President and General Manager, Application Security, Akamai. "API security is now table stakes — any business must secure APIs to scale and thrive in today's environment. We're thrilled to be recognized for our capabilities in this area." APIs are a key component of modern enterprises' ability to serve customers, generate revenue, and operate efficiently. According to a recent State of the Internet report from Akamai, attacks against APIs can occur in various forms, including data breaches, abuse, and distributed denial-of-service attacks. Akamai recorded 108 billion API attacks from January 2023 through June 2024. These relentless assaults against APIs can lead to data theft, damage to brand reputation, regulatory fines, and significant financial losses.