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API Security Trends 2023 – Have Organizations Improved their Security Posture?

API Security Trends 2023 – Have Organizations Improved their Security Posture?

Oct 03, 2023 API Security / Data Security
APIs, also known as application programming interfaces, serve as the backbone of modern software applications, enabling seamless communication and data exchange between different systems and platforms. They provide developers with an interface to interact with external services, allowing them to integrate various functionalities into their own applications. However, this increased reliance on APIs has also made them attractive targets for cybercriminals. In recent years, the rise of API breaches has become a growing concern in the world of cybersecurity. One of the main reasons behind the rise of API breaches is inadequate security measures implemented by developers and organizations. Many APIs are not properly secured, leaving them vulnerable to attacks. Moreover, hackers have developed sophisticated techniques that specifically target weaknesses within APIs. For example, they may leverage malicious code injections into requests or manipulate responses from an API endpoint to gain
How to Improve Your API Security Posture

How to Improve Your API Security Posture

Jun 08, 2023 API Security / DevSecOps
APIs, more formally known as application programming interfaces, empower apps and microservices to communicate and share data. However, this level of connectivity doesn't come without major risks. Hackers can exploit vulnerabilities in APIs to gain unauthorized access to sensitive data or even take control of the entire system. Therefore, it's essential to have a robust API security posture to protect your organization from potential threats. What is API posture management? API posture management refers to the process of monitoring and managing the security posture of your APIs. It involves identifying potential vulnerabilities and misconfigurations that could be exploited by attackers, and taking the necessary steps to remediate them. Posture management also helps organizations classify sensitive data and ensure that it's compliant with the leading data compliance regulations such as GDPR, HIPAA, and PCI DSS.  As mentioned above, APIs are a popular target for attackers
Cybersecurity Tactics FinServ Institutions Can Bank On in 2024

Cybersecurity Tactics FinServ Institutions Can Bank On in 2024

Feb 14, 2024Financial Security / Cyber Threats
The landscape of cybersecurity in financial services is undergoing a rapid transformation. Cybercriminals are exploiting advanced technologies and methodologies, making traditional security measures obsolete. The challenges are compounded for community banks that must safeguard sensitive financial data against the same level of sophisticated threats as larger institutions, but often with more limited resources. The FinServ Threat Landscape Recent trends show an alarming increase in sophisticated cyber-attacks. Cybercriminals now deploy advanced techniques like deep fake technology and AI-powered attacks, making it increasingly difficult for banks to differentiate between legitimate and malicious activities. These developments necessitate a shift towards more sophisticated and adaptive cybersecurity measures. Take these industry statistics, for example. Financial firms report 703 cyberattack attempts per week.1 On average, 270 attacks (entailing unauthorized access of data, appl
Are Your APIs Leaking Sensitive Data?

Are Your APIs Leaking Sensitive Data?

May 22, 2023 API Security / Cybersecurity
It's no secret that data leaks have become a major concern for both citizens and institutions across the globe. They can cause serious damage to an organization's reputation, induce considerable financial losses, and even have serious legal repercussions. From the infamous Cambridge Analytica scandal to the Equifax data breach, there have been some pretty high-profile leaks resulting in massive consequences for the world's biggest brands. Breaches can also have a huge impact on individuals as well – ultimately leading to the loss of personal information, such as passwords or credit card details, which could be used by criminals for malicious purposes. Most notably victims are left vulnerable to identity theft or financial fraud.  When you think about the sheer volume of these leaks, one would imagine that the world would stop and focus on the attack vector(s) being exploited. The unfortunate reality is the world didn't stop. To make things more interesting, the most
cyber security

The Critical State of AI in the Cloud

websiteWiz.ioArtificial Intelligence / Cloud Security
Wiz Research reveals the explosive growth of AI adoption and what 150,000+ cloud accounts revealed about the AI surge.
Why Shadow APIs are More Dangerous than You Think

Why Shadow APIs are More Dangerous than You Think

Apr 13, 2023 API Security / Cyber Security
Shadow APIs are a growing risk for organizations of all sizes as they can mask malicious behavior and induce substantial data loss. For those that aren't familiar with the term, shadow APIs are a type of application programming interface (API) that isn't officially documented or supported.  Contrary to popular belief, it's unfortunately all too common to have APIs in production that no one on your operations or security teams knows about. Enterprises manage thousands of APIs, many of which are not routed through a proxy such as an API gateway or web application firewall. This means they aren't monitored, are rarely audited, and are most vulnerable.  Since they aren't visible to security teams, shadow APIs provide hackers with a defenseless path to exploit vulnerabilities. These APIs can potentially be manipulated by malicious actors to gain access to a range of sensitive information, from customer addresses to company financial records. Considering the potential
Application Security vs. API Security: What is the difference?

Application Security vs. API Security: What is the difference?

Feb 28, 2023 Security Platform / API Security
As digital transformation takes hold and businesses become increasingly reliant on digital services, it has become more important than ever to secure applications and APIs (Application Programming Interfaces). With that said, application security and API security are two critical components of a comprehensive security strategy. By utilizing these practices, organizations can protect themselves from malicious attacks and security threats, and most importantly, ensure their data remains secure. Interestingly enough, despite the clear advantages these disciplines provide, businesses are struggling to understand which security approach is best for their needs. So in this article, we'll discuss the differences between application and API security, best practices that you should consider, and ultimately make the case for why you need both.  What is Application Security Application security, better known as AppSec, is a critical aspect of any organization's cybersecurity strategy.
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