PYMNTS.com November 26, 2024
The success of the gig economy hinges on its underlying digital ecosystem, particularly APIs, which power real-time services like Uber and Fiverr.
But APIs are vulnerable to misuse, with advanced threats such as scraping, account takeovers and fraud intensified by generative artificial intelligence, TechNative reported. Platforms face a variety of risks, including data theft, payment manipulation and business logic abuse. To combat these threats, businesses must implement API security strategies that detect and block AI-driven attacks, ensuring the integrity and trust of their platforms as the gig economy continues to grow.
Gig Economy Growth and the Rising Need for Fraud Prevention
The value of the gig economy is $556.7 billion, and that is expected to more than triple by 2032...
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