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API Security Incidents Costing Asia-Pacific Enterprises Over $1 Million Each on Average

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New Delhi, May 12 (IANS) As enterprises across the Asia Pacific (APAC) region rapidly adopt artificial intelligence (AI) technologies, API security incidents are imposing steep financial costs, with the average estimated loss per incident now exceeding $1 million, a report showed on Tuesday.The report by Akamai Technologies highlighted that 81 per cent of organisations in the region experienced at least one API security incident in the past 12 months.The average cost per incident has risen sharp…