According to an official release, Cloudflare, Inc. (NYSE: NET), a connectivity cloud company, published its inaugural API Security and Management Report. It is believed that APIs are being leveraged by businesses more than ever. The report also includes the gap between organisations’ use of APIs and their ability to safeguard the data those APIs touch.
“APIs are central to how applications and websites work, which makes them a rich, and relatively new, target for hackers. Companies must identify and protect all their APIs to prevent data breaches and secure their businesses,” Matthew Prince, CEO, co-founder, Cloudflare, explained.
Sources revealed that APIs dominate dynamic Internet traffic around the globe (57%), with each region that Cloudflare protects seeing an increase in usage over the past year. Nearly 31% more API REST endpoints (when an API connects with the software program) were discovered through machine learning versus customer-provided identifiers.
“As this new report shows, organisations need more effective ways to address API security, including better visibility of APIs, ways to ensure secure authentication and authorisation between connections, and better ways to protect their applications from attacks,” Melinda Marks, practice director, cybersecurity, Enterprise Strategy Group, concluded.
