Programming APIs Attacks grew over 600% in 2021
By MYBRANDBOOK
Security analysts warn of a sharp rise in Application Programming Interface attacks over the past year, with most companies still following inadequate practices to tackle the problem. A growth of 681% of API attack traffic in 2021 was reported, while the overall API traffic increased by 321%.
These stats highlight that as industries adopt API solutions, attacks against them are growing disproportionally. API is a software interface supporting online services that rely on connections to exchange data.
The risks of these attacks are large-scale and dire, many companies have delayed the deployment of applications due to API security concerns. Additionally, 34% of companies lack any API security strategy, so they rely solely on the vendor of the API solution.
An API attack abuses API specifications to perform data breaches, DDoS, SQL injection, man-in-the-middle attacks, spread malware, or allow anyone to authenticate as a user. These connections need to be secured from unauthenticated access; otherwise, anyone would be able to snatch the content of the interactions between users and programs.
The main security recommendations given would be:
· Defining a robust API security strategy for the entire lifecycle of APIs;
· Validating current API designs and existing controls and assess the current level of risk;
· Enabling frictionless API security across all app environments, including on-premise, cloud, containers, legacy, etc
· Using cloud data to identify patterns of malicious reconnaissance actions and stay one step ahead
· Reducing the reliance on “shift-left” code review tactics, and invest more in runtime security
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