The API ThreatStats Report 2026 is a technical report that details the evolving landscape of API risks and vulnerabilities observed throughout 2025. It outlines significant trends in API exploitation, emphasizing that attackers are increasingly exploiting weaknesses in identity, access control, and exposed interfaces rather than traditional code defects. The report identifies three main themes of API risk: the prevalence of logic abuse over code bugs, the critical intersection of AI security and API vulnerabilities, and the emerging risks associated with the Model Context Protocol (MCP). MCP is highlighted as a significant source of risk due to its role in autonomous workflows, where compromised APIs can lead to cascading impacts. The report provides a comprehensive analysis of vulnerability trends, exploit patterns, and breach incidents, underscoring the necessity for security leaders to focus on systematic improvements in API security to mitigate these risks effectively.