Latest news with #ITProfessionals
NHK
12-05-2025
- Business
- NHK
Pakistan's flourishing IT talent going global
Pakistan's tech talent development is paying off. With some 75,000 IT-related graduates being produced every year, the country is fast emerging as a technology powerhouse.
Yahoo
07-05-2025
- Business
- Yahoo
New Akamai Study Reveals API Security Incidents Cost APAC Enterprises Over US$580,000 on Average in the Past Year
Internal disconnects, poor visibility, and misaligned priorities leave organizations vulnerable to costly API security incidents SINGAPORE, May 7, 2025 /PRNewswire/ -- Akamai Technologies (NASDAQ: AKAM), the cybersecurity and cloud computing company that powers and protects business online, today released the latest 2025 API Security Impact Study, an in-depth Asia-Pacific study exploring the hidden vulnerabilities, financial impacts, and operational challenges caused by application programming interface (API) security incidents in the region's largest economies. Based on the study, despite a growing awareness of API vulnerabilities, the commitment to API security from senior leadership and security teams across the region has not kept pace, resulting in costly API attacks that underscore the urgent need to reach a consensus on where API security fits into their cybersecurity priorities. Akamai Technologies, Inc. logo The study, which surveyed more than 800 IT and security professionals across China, India, Japan, and Australia, paints a stark picture of the escalating risks enterprises face from insecure APIs. With APIs now the backbone of modern digital infrastructure, 85% of organizations in the region reported at least one API-related security incident in the past 12 months. The financial impact is equally concerning, with the average estimated cost of API security incidents reaching more than US$580,000 across the surveyed markets. However, many enterprises still lack visibility into their API ecosystems and the sensitive data they expose. "APIs have become mission-critical, powering everything from mobile banking to connected vehicles. But our research shows that organizations across Asia-Pacific are struggling to secure them," said Reuben Koh, Director of Security Technology & Strategy, Akamai Technologies, Asia-Pacific & Japan. "It is crucial for organizations to reach a consensus on the root cause, impact, and priority levels of API security incidents so that they can implement holistic security strategies to protect critical APIs from development to runtime." Key findings for Asia-Pacific:
