79% of organizations say bots are more difficult to detect

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Bot attacks were analyzed in a recent report by Kasada, finding that 96% of organizations lost revenue to bots in the last 12 months.

According to the survey, 38% of respondents estimate that a single bot attack costs their organization $500,000 or more. Half of organizations lost 10% or more of revenue due to bot-driven account fraud within the last year, up from 40% of organizations last year.

Additional findings include:

Nearly 4 in 5 (79%) say that bots are becoming more sophisticated and difficult for their security tools to detect.
Nearly two-thirds (63%) say their companies experienced a bot attack within the last 12 months.
90% say their executive team is concerned about bot attacks and AI-driven fraud.
89% believe AI-driven fraud will present a threat to their organization over the next 12 months.

Read the full report here.

ON DEMAND: Business-impacting events such as severe weather, man-made disasters, and supply chain disruption are increasing in frequency and making impacts around the globe.

In today's rapidly evolving security landscape, organizations face an ever-growing array of disruptive events, security threats and risks. Traditional reactive approaches to security intelligence often leave businesses vulnerable and ill-prepared to anticipate and mitigate emerging threats that could impact the safety of their people, facilities or operations.