The robots are programs designed to crawl sites for various reasons. They are easy to create by programmers. Not having CAPTCHA can result in:
– content theft
– credentials theft via brute force attack
– being scanned for vulnerabilities
– increased server load (a script instance can load a server as much as thousands of users)
In many cases CAPTCHA as devolved into a due diligence checklist item that insipid security auditors with no technical knowledge insist upon for no real reason.
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