The burgeoning API economy, while a boon for innovation and connectivity, has inadvertently become a cybersecurity Achilles' heel. Every API endpoint, if not properly secured, represents a potential portal for malicious actors to infiltrate your systems, exfiltrate sensitive data, or disrupt critical services. We're not just talking about minor inconveniences; we're talking about business continuity threats to your organization. Leaving API security that is often reliant on outdated perimeter defenses and manual oversight is akin to leaving your front door wide open in a bustling city.
API attacks are expected to become the most frequent attack vector that will affect at least half of all enterprises. If left unaddressed, the consequences are severe:
- Multi-million dollar regulatory fines courtesy of the GDPR and the upcoming EU Data Act
- Irreparable brand damage
- Loss of customer trust
- Significant operational downtime.
This isn't a problem for your security team …