APIs (Application Programming Interfaces) no longer just exchange Facebook messages: they connect tens of thousands of web and cloud applications, microservices, mobile and IoT devices, enabling seamless machine-to-machine communication. An enormous amount of sensitive information in terms of personal identifiers, financial data, medical records or corporate secrets is also now transferred via these interfaces.
Hackers shift their interest to APIs
The amount of sensitive data exposed via APIs is increasing significantly, making APIs a primary target: attackers have started to look for vulnerable, broken APIs to find ways to the back-end systems that store sensitive data. Many recent huge data breaches have leveraged APIs – just think of the Salesforce.com, US Post, T-Mobile and Strava incidents.
Traditional security solutions are insufficient
Today’s API attacks are increasingly complex, targeted and easily bypass traditional security solutions. These attacks CANNOT be detected by signature-based web application firewalls (WAFs), authentication or other baseline security tools – can only be prevented by targeted solutions. Without this knowledge in mind, businesses may expose their core systems data with a false sense of security.
API developers work without focusing on security
Security is not a priority for many application development projects: they focus on the functions, user experience and deadlines. Often, security requirements are not specified in detail in these projects. As there are no API-standards, developers only deal with security on a best-effort basis. This practice leads to unique vulnerabilities in public-facing APIs, which in turn creates risk for the business and opportunities for the bad guys.
Regulations require secure API communication
While PSD2 requires banks to open their APIs directly to retailers and third-party payment providers (TPP or fintech), GDPR requires the anonymization or pseudo-anonymization of personal data in transit, and PCI DSS forces financial providers to encrypt transmission of cardholder data via public networks.
Custom solution against API-threats
For security-aware service providers and application developers who expose sensitive data via APIs, our API-security solution provides a highly flexible approach to protect enterprises from API-based threats. In contrast to API management vendors where security is just a checkbox feature, our API security gateway focuses exclusively on API security, offering a killer combination of validation, transformation and insight of API traffic. Thanks to the flexible architecture, your organization can implement custom API security policies without compromise.
Balasys’s consultancy services will help you identify your API security challenges and assemble the right solution set. We can customize our implementation services to meet your exact requirements. After implementation, our training services will boost the efficiency of your operations staff. Should you need further assistance, we can help you with operations support.