The text discusses the growing adoption of serverless architectures, highlighting the security challenges they pose due to their distributed and stateless nature, which complicates protection against application-level attacks like SQL injection and cross-site scripting. It introduces Datadog's Application Security Management (ASM) as a solution for enhancing security in serverless applications, specifically on AWS Lambda, by detecting threats through monitoring requests and generating security signals. ASM utilizes distributed tracing to investigate attack scopes and facilitates responses within existing workflows, offering features like Open Source Vulnerability Detection for third-party dependencies. The text emphasizes Datadog ASM's capability to provide insights into attacks and aid in quick responses, allowing developers to focus more on innovation while maintaining robust security. Datadog ASM is available for AWS Lambda, with Open Source Vulnerability Detection in public beta, and offers a free trial for new users.