Akamai Technologies has released a new State Of The Internet (SOTI) report that details the security and business threats that organisations face with the proliferation of web scraping bots. Scraping Away Your Bottom Line: How Web Scrapers Impact Ecommerce finds that bots compose 42% of overall web traffic, and 65% of these bots are malicious.
Bots can be used to facilitate new account opening abuse — which, according to recent research, composes up to 50% of fraud losses.
Reuben Koh, Director of Security Technology & Strategy, APJ, Akamai Technologies
With its reliance on revenue-generating web applications, the ecommerce sector has been most affected by high-risk bot traffic. There are no existing laws that prohibit the use of scraper bots, and they are hard to detect due to the rise of artificial intelligence (AI) botnets, but there are some things companies can do to mitigate them.
“Every business with an online storefront relies on web scraper bots to some extent. The challenge arises when these bots are misused, as their similar functions make it difficult to distinguish between beneficial and malicious one. Now, more than ever, ecommerce businesses, especially in APJ which is a key global commerce hub, must invest in solutions that are fit for purpose, capable of adapting and keeping up with the unpredictable and iterative attacks posed by malicious bots – especially if they are looking to regionalise and expand their customer base, opening them up to further threats,” said Reuben Koh, Director of Security Technology & Strategy, APJ, Akamai Technologies.
AI botnets have the ability to discover and scrape unstructured data and content that is in a less consistent format or location. Scraper bots can be leveraged to generate more sophisticated phishing campaigns by grabbing product images, descriptions, and pricing information to create counterfeit storefronts or phishing sites aimed at stealing credentials or credit card information.
The Scraping Away Your Bottom Line research report offers mitigation strategies against scraper bots and features a case study that shows how websites operate much faster and efficiently once defenses against these bots are put into place. In addition, the research addresses compliance considerations that must be taken into account in light of these increasing attacks.
This year marks the 10th anniversary of Akamai’s State of the Internet (SOTI) reports. The SOTI series provides expert insights on the cybersecurity and web performance landscapes, based on data gathered from Akamai Connected Cloud
