Prisma Cloud Web-Application and API Security (WAAS) includes protections against various web application vulnerabilities. Local file inclusion (LFI) is a common web vulnerability where an attacker can include files on a server through a web browser. SQL injection is another critical vulnerability where malicious SQL code is executed by the application. Shellshock is a vulnerability in Bash that can allow execution of arbitrary commands sent from a remote attacker. These are part of OWASP's critical security risks and are relevant protections in WAAS.