The adoption of APIs in terms of daily transactions in the post-COVID-19 digital world has skyrocketed, but that proliferation of APIs has created exposures and risks that need to be addressed proactively before an organization faces a devastating data breach, warned Pam Murphy, CEO at Imperva.
APIs are delivering huge business value, but people don’t know how many APIs they have in their organization, what they do or who controls them. And that causes massive security vulnerabilities, according to CyberEdBoard panelists Chase Cunningham and Richard Bird.
Organizations looking to adopt zero trust architectures are increasing pursuing service mesh rather than microsegmentation due to new innovations, said Ballistic Ventures General Partner Barmak Meftah. Microsegmentation excels at limiting the attack surface but comes with major overhead expense.
Application security and delivery vendor F5 will shrink its workforce by 9% due to customers delaying purchasing decisions amid macroeconomic uncertainty. The Seattle-based firm will lay off 623 of its 7,100 employees as part of a cost-cutting effort that includes reducing F5's facilities footprint.
Akamai Technologies has agreed to purchase a finalist in last year's RSA Conference Innovation Sandbox Contest to get more visibility into the API threat landscape. Silicon Valley-based Neosec will help customers discover all their APIs, assess their risk and respond to vulnerabilities and attacks.
Hackers have seized on the API revolution to drive a surge in attacks that exploit poorly coded applications, reports Akamai, in a warning echoed by other cybersecurity experts. The vector driving the most growth in API attacks is local file inclusion.
Snyk has executed its third round of layoffs since June 2022, axing 128 workers amid projections of challenging market conditions persisting into early 2024. The Boston-based application security vendor revealed Thursday plans to reduce its more than 1,200-person staff by an estimated 11%.
As field CTO, EMEA for Noname Security, Filip Verloy spends lots of time talking with customers and analysts about API security. Two common themes: Few organizations know the number and types of APIs in their enterprise, and fewer understand exactly how data is being exchanged among them.
The cybercrime economy appears to remain alive and well: Compared to last year, researchers report seeing an increase in the number of known ransomware victims as well as initial access listings, which facilitate such attacks. The impact the takedowns of BreachForums and Genesis remains to be seen.
Hackers have used a modular toolkit called "AlienFox" to compromise email and web hosting services at 18 companies. Distributed mainly by Telegram, the toolkit scripts are readily available in open sources such as GitHub, leading to constant adaptation and variation in the wild.
There's much national security ado about how much user data gets collected by the Chinese-owned, wildly popular video-sharing app TikTok. But as France's ban of "recreational apps" from government-issued devices highlights, a bigger-picture approach for combating surveillance is required.
Recent high-profile breaches resulting from API attacks are "just the tip of the iceberg," said Gartner analyst Dionisio Zumerle. "What we have is a new way of exchanging information which is increasingly popular, and almost no organization has the recipe to secure that new way of communicating."
Not all ransomware groups wield crypto-locking malware. Some have adopted other strategies. Take BianLian. After security researchers released a free decryptor for its malware, instead of encrypting files, the group chose to steal them and demand ransom solely for their safe return.
As healthcare becomes increasingly interconnected, web tracking is easy to overlook but could introduce additional risks to patient privacy. Learn about the different kinds of patient data and the seven recommendations for reducing risk to patients, beneficiaries and the organization.
In the 21-month stretch from October 2020 to June 2022, a whopping 48 cybersecurity startups received 10-figure valuations as investors evaluated prospects on potential rather than performance. Now that the financial boom has gone bust, what happens to these unicorns from a different economic era?
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