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API Attacks on the increase but what does this mean for SME’s?
According to a report conducted by Salt Security, API Attacks increased 681% in the last 12 Months. Key findings from the report show API attack traffic grew at more than twice the rate of non-malicious traffic, and API security concerns are inhibiting innovation for two-thirds of organisations. We speak to Michelle McLean, lead author of the report and VP of product marketing at Salt Security to find out more.
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alt Security’s recently released State of API Security Report Q1 2022 found that 95% of surveyed organisations
have experienced an API security incident in the past 12 months. Despite the dramatic increase in attacks and incidents, these organisations, all of which are running production APIs, remain unprepared for API attacks, with 34% of respondents lacking any kind of API security strategy. Tis lack of defence presents significant business risk to enterprises in the form of slowed business innovation, compromised consumer confidence, and disruption to modernisation efforts. Michelle McLean, lead author of the report
and VP of product marketing at Salt Security explains more.
What is the current state of the security market in the channel? Security is a persistently effective industry area for channel providers to focus their energies. First, security is always a pressing concern for corporations. From risk of financial loss to reputational harm to compliance violations, companies face a growing list of security issues to defend against. Second, the ongoing pandemic has only heightened the needs. Every company has gone through drastic changes in how and where people get work done, and many of these changes will persist even when COVID becomes an everyday annoyance vs. a grave immediate threat. Tird, every
22 | April 2022
wave of technical innovation – e.g., cloud migration, new application development technologies, adoption of cloud-native architectures, and so on – disrupts existing security technologies and requires new protections. Consider the move to containers and Kubernetes – suddenly companies were grappling with a broad set of new security concerns with misconfigurations in the infrastructure of those technologies. Similarly, the increased use of APIs has upended application threat vectors, creating an urgent need for new protections.
Can you tell us more about the key findings of the company’s recent API Security Report? Te most disturbing finding in the edition of the report was the level at which malicious API traffic growth outpaced the rise in overall API traffic. Malicious traffic grew
681% in the past 12 months, while overall traffic grew 321%. Bad actors target APIs because APIs consistently share valuable data and because, frankly, they’re not that hard to compromise. Other key findings include: 95% of the more than 250 survey respondents said they’ve
experienced an API security incident in the past 12 months. 34% lack any security strategy at all for APIs. 40% of respondents are grappling with APIs that change at least every week, with 9% saying their APIs change daily.
www.pcr-online.biz
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