Large-scale API security risks are fueling the growth of the cybersecurity industry

BOULDER, Col., October 24, 2022 /PRNewswire/ — Application programming interfaces (APIs) pose a significant threat to enterprise data security and this niche has become one of the fastest growing segments in the cybersecurity industry, according to an analyst and researcher of the sector Richard Stiennon. In the webinar Latest trends in API security and learn how to stay ahead of attackerstenuous October 20, 2022Stiennon and API security expert and founder of Resurface Laboratories, Rob Dickinsondiscussed the many vulnerabilities that exist with APIs and how organizations can update their security strategy and tactics to effectively respond to API-based attacks.

APIs pose an inherent security risk due to their architecture and the limited visibility organizations have into the number and types of APIs in their internal systems as well as in their public applications. Security attacks using APIs are on the rise and the industry is responding accordingly.

“Vulnerabilities in data sharing between applications are becoming more apparent as the use of APIs continues to proliferate,” Stiennon says. “As enterprise security teams strive to target this specific threat to their data, the API security industry continues to see dramatic increases in both revenue and the number of product offerings.” As part of the discussion, Stiennon presented the findings of its third quarter report on the direction of the API security industry.

The webinar also provided details on how APIs are exploited and practical solutions to mitigate this exposure.

API design requires companies to look beyond conventional security measures.

According to Dickinson. “To protect data, enterprises need to look beyond traditional perimeter tools. APIs generate phenomenal amounts of traffic, and the API economy shows no signs of slowing down. To protect against the exploitation of vulnerabilities in Rapidly proliferating APIs, organizations must improve their visibility, detection, and response to API-based attacks.Beyond traditional perimeter-based security approaches, organizations must be able to detect the activities of Malicious APIs generated by attackers impersonating paid, authenticated users is a critical risk for organizations in the new API-centric world of doing business.”

Those wishing to access the full webinar can find it on the Resurface Labs website or by using the following link:

About Resurface Labs

Mapped to the OWASP Top10, Resurface threat alerts with comprehensive data security patterns and behaviors. Resurface works at runtime and is the only API security solution designed for deep inspection at scale. Efficiently handling millions of API calls, Resurface detects and alerts to active attacks with comprehensive datasets. Resurface Labs Inc. is headquartered in Boulder, Colorado.

About IT-Harvest

Richard Stiennon is chief research analyst for IT-Harvest, the company he founded in 2005 to currently cover the 2,850 vendors that make up the IT security industry. He has given presentations on the subject of cybersecurity in 31 countries on six continents. He published Curmudgeon: How to Succeed as an Industry Analyst in 2020. In 2019, he released Secure Cloud Transformation: The CIO Journey. He also wrote Survive Cyberwar (Government Institutes, 2010) and Washington Post Bestseller, There will be a cyber war. He serves on the advisory board of several tech startups and sits on the boards of Anitian and QuickHeal. Stiennon was chief strategy officer for Blancco Technology Group, chief marketing officer for Fortinet, Inc., and vice president of threat research at Webroot Software. Prior to these roles, he was Vice President of Research at Gartner. He holds a bachelor’s degree in aerospace engineering and a master’s degree in warfare in the modern world from King’s College, London. Follow @cyberwar on Twitter.

Media contact: Pat Clawson, 720-804-0324, [email protected]

SOURCE Resurface Labs