Imperva Warns of Surge in AI-Driven Cyberattacks Targeting Retailers Ahead of Holiday Shopping Season

Imperva Warns of Surge in AI-Driven Cyberattacks Targeting Retailers Ahead of Holiday Shopping Season

(IN BRIEF) Imperva, a cybersecurity leader, warns that cybercriminals are increasingly using AI tools and Large Language Models (LLMs) to launch sophisticated attacks on eCommerce platforms ahead of the holiday shopping season. These AI-driven threats include business logic abuse, DDoS attacks, and bad bot activities, putting retailers at risk of operational disruptions and data breaches during the busiest time of the year. Imperva’s analysis shows that retail websites face an average of nearly 570,000 AI-driven attacks daily. To protect themselves, retailers must implement comprehensive cybersecurity strategies to mitigate these risks and safeguard customer data.

(PRESS RELEASE) LA DÉFENSE, 21-Oct-2024 — /EuropaWire/ — Imperva, a Thales company and leader in cybersecurity, has issued a warning about the increasing use of AI-driven attacks targeting online retailers ahead of the holiday shopping season. As generative AI tools and Large Language Models (LLMs) like ChatGPT, Claude, and Gemini advance, cybercriminals are leveraging these technologies to launch more sophisticated attacks, including business logic abuse, DDoS attacks, and bad bot activities. A recent analysis by Imperva Threat Research revealed that retail websites face an average of 569,884 AI-driven attacks daily, posing a significant threat to the eCommerce industry during its busiest time of the year.

The attacks range from business logic abuse, which exploits application functionalities like price manipulation, to DDoS attacks aimed at overwhelming online platforms and bad bot attacks that scrape pricing data and hoard inventory. These threats put retailers at risk of operational disruptions, financial losses, and reputational damage, while consumers are exposed to identity theft and fraud. Imperva emphasizes that retailers must implement robust cybersecurity measures, including DDoS protection, bot management solutions, and enhanced API security, to safeguard their platforms and customers during the holiday season.

Nanhi Singh, General Manager of Application Security at Imperva, warns, “Retailers are facing a perfect storm of AI-driven attacks that could compromise their operations and customer data during the critical holiday season. A comprehensive defense strategy is essential to mitigate these sophisticated threats while ensuring a seamless shopping experience.”

About Imperva

Imperva, a Thales company, is the cybersecurity leader that helps organizations protect critical applications, APIs, and data, anywhere, at scale, and with the highest ROI. With an integrated approach combining edge, application security, and data security, Imperva protects companies — ranging from cloud-native start-ups to global multinationals—through all stages of their digital journey. Imperva Threat Research and our global intelligence community enable Imperva to stay ahead of the threat landscape and seamlessly integrate the latest security, privacy, and compliance expertise into our solutions.

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SOURCE: Thales