API security Archives - Cyber Security Minute

Application Security Testing vs. API Security Testing

Issued by: DataBreach Today

As organizations continue to embrace digital transformation, it’s essential to ensure that applications and APIs are protected. Application security testing, or AST, and API security testing are important components of a comprehensive cybersecurity strategy. AST is the process of analyzing application code and configurations to identify potential vulnerabilities. API security testing ensures that APIs are…

Application Security

Wib Launches API Security Platform After Raising $16 Million

Issued by: Security Week

The company says its API security platform provides complete visibility and control. Its capabilities include automated inventory and change management, and the platform enables organizations to identify rogue and shadow APIs, and analyze business risk and impact. Wib was founded in August 2021 by serial entrepreneur Gil Don (CEO), Ran Ohayon (CRO) and Tal Steinherz….

Cloud Security, Mobile Security

API Security Losses Total Billions, But It’s Complicated

Issued by: Dark Reading

US companies face a combined $12 billion to $23 billion in losses in 2022 from compromises linked to Web application programming interfaces (APIs), which have proliferated with the increased adoption of cloud services and DevOps-style development methodologies, according to an analysis of breach data. In the last decade, API security has grown to become a…

Application Security

Noname Security Raises $60 Million in Series B Funding

Issued by: Security Week

Founded in 2020, the Silicon Valley-based enterprise API security startup aims to help organizations secure both managed and unmanaged APIs. The startup says it has seen fast growth since emerging from stealth in December 2020. Over the past six months, the company has attracted 40 channel, reseller, and technology partners, while also adding hundreds of…

Application Security

UK-Based API Security Firm 42Crunch Raises $17 Million

Issued by: Security Week

42Crunch provides an application programming interface (API) ‘micro firewall’. APIs are a serious and growing threat vector. In 2019, Gartner stated, “By 2022, API abuses will move from an infrequent to the most-frequent attack vector, resulting in data breaches for enterprise web applications.” Its proposed solution was, “Use a Combination of API Management and Web…

Application Security

40% of COVID-19 contact tracing apps lack basic protections

Issued by: Help Net Security

Guardsquare announced the release of a report which reassesses the levels of security protections and privacy risks of COVID-19 contact tracing apps. The report found that of the 95 mobile apps analyzed, 60% use the official API for secure exposure notifications. For the remaining 40% of the contact tracing apps, the majority of which gather…

Application Security

Three immediate steps to take to protect your APIs from security risks

Issued by: Help Net Security

In one form or another, APIs have been around for years, bringing the benefits of ease of use, efficiency and flexibility to the developer community. The advantage of using APIs for mobile and web apps is that developers can build and deploy functionality and data integrations quickly. API security posture But there is a huge…

Application Security

Application threats and security trends you need to know about

Issued by: Help Net Security

Applications are a gateway to valuable data, so it’s no wonder they are one of attackers’ preferred targets. And since modern applications aren’t a monolithic whole but consist of many separate components “glued together” over networks, attackers have at their disposal many “doors” through which they can attempt access to the data. Easy targets will…

Application Security, Network Security

Most credential abuse attacks against the financial sector targeted APIs

Issued by: Help Net Security

From May 2019 and continuing on until the end of the year, there was a dramatic shift by criminals who started targeting APIs, in an effort to bypass security controls. According to data from Akamai, up to 75% of all credential abuse attacks against the financial services industry targeted APIs directly. According to the report’s…

Application Security

Three API security risks in the wake of the Facebook breach

Issued by: Help Net Security

Facebook recently pledged to improve its security following a lawsuit that resulted from a 2018 data breach. The breach, which was left open for more than 20 months, resulted in the theft of 30 million authentication tokens and almost as much personally identifiable information. A “View As” feature that enabled developers to render user pages…