State of API Security: Financial Services and Insurance
API security is a pressing concern for industries undergoing digital transformation, and none more so than financial services and insurance.
API security is a pressing concern for industries undergoing digital transformation, and none more so than financial services and insurance.
When we started to build Bearer, we wanted to understand how to validate the quality of our findings and be able to benchmark it. Code security scanning solutions are notorious for reporting a lot of false positives and other deficiencies, and even though we believed we could do much better, we needed a way to prove it. In Java, there is an OWASP project, BenchmarkJava, which makes it easy to compare the output of two software security solutions.
We’ve taken our award-winning API security “Down Under” with our latest customer success! Today we announced that Jemena, a leading energy company in Australia, has selected the Salt Security API Protection Platform to protect its critical gas and electricity infrastructure. Here at Salt, we are honored that Jemena has chosen us to secure its API modernization project!
A high-functioning security program leverages data to drive optimization – by satisfying governance, reporting, and compliance (GRC) requirements efficiently, creating visibility for risk-based prioritization, and leveraging automation throughout the software development lifecycle. Often, however, the data needed to drive these processes is spread across a complex ecosystem.
APIs account for more than half of the total traffic of the Internet. They are the building blocks of many modern web applications. As API usage grows, so does the number of API attacks. And so now, more than ever, it’s important to keep these API endpoints secure. Cloudflare’s API Shield solution offers a comprehensive suite of products to safeguard your API endpoints and now we’re excited to give our customers one more tool to keep their endpoints safe.
Previously, we talked about the first phase of our battle testing process. If you haven’t already, give it a read for background on this article. After Bearer CLI proved itself solid against a variety of real-world projects, it was time to take things to the next level and compare the quality of results over time, and against the results of other static application security testing (SAST) tools.
Since we announced version 1.3 of Bearer CLI in early April, the team has been working relentlessly to make major movements and ship amazing new features. Before you read it all, we advise you to update to the latest version in the background 🙂, that way you can start exploring all right after finishing this article!
An Application Programming Interface (API) is an essential and ubiquitous software that allows the exchange of information between day-to-day applications and processes, such as Software as a Service (SaaS) applications, Internet of Things (IoT) devices, universal profile login pages, and autonomous vehicles. APIs synchronize and maintain the data exchange between clients and servers, responding to each request.
Applications are usually considered battle tested if they've been around a while and work as expected in most known situations. In software, we want the binary releases we make to have this level of confidence. The problem is, when you’re building something new how can you make up for the time and active user advantage of established software? In this article we’ll look at the early stage of our battle-testing process and how it influenced our future testing.