The retail industry’s digital transformation has made secure APIs essential to modern operations since they are at the core of this shift. APIs power everything from e-commerce platforms and mobile shopping apps to inventory management, point-of-sale systems, and personalized customer experiences. They help retailers stay agile in a fast-paced market by enabling seamless data exchange and streamlining processes.

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Compromised secrets, such as leaked API and SSH keys, credentials, and session tokens, are the leading cause of cloud security incidents. While attackers can directly compromise secrets through methods like phishing, they can also gain control by finding and taking advantage of simple misconfigurations in your environment.

It is more important than ever to keep your info safe. Malware, ransomware, and cybercriminals who target cloud-based assets are always a danger to businesses because more and more sensitive data is being stored in the cloud. Cybersecurity Ventures recently released a report that says the costs of cybercrime will hit $10.5 trillion per year by 2025. Data breaches and cloud vulnerabilities will be the main causes of this.

As organizations adopt more modern application strategies, APIs are increasingly important for enabling seamless communication and data exchange. However, this interconnectedness also introduces more significant security risks. APIs are gateways to sensitive information, making them prime targets for attackers. This can result in data breaches, business disruptions, and reputational damage.