Executive Summary Cloud and API risk has stopped being two separate line items on a security roadmap. Across the most current breach and threat research available, from Verizon's 2026 Data Breach Investigations Report to IBM's 2025 Cost of a Data Breach Report, the two failure modes increasingly show up in the same incidents, feed the same cost drivers, and land on the same board slide. Vulnerability exploitation has overtaken stolen credentials as the leading way attackers gain initial access [2]. APIs now carry the largest share of that exploitation [3][4]. And once an attacker is inside, cloud misconfiguration and third-party exposure decide how far the incident spread…
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