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Forrester Report Reveals the 5 Benefits IT Teams Really Need from API Security Tools

  • 4 mths ago

An Application Programming Interface (API) is a software intermediary that allows applications to communicate with one another. APIs provide routines, protocols, and tools for developers to facilitate and accelerate the creation of software applications. They enable applications to easily access and share data. APIs connect Web-based applications and other services or platforms, such as social networks, games, data repositories, and devices. Internet of Things (IoT) applications and devices also use APIs to access and collect data as well as control other devices.

Applications are the engine that drives enterprise growth and APIs are core to accelerating this process. Using APIs lowers the barrier to entry for inexperienced developers, and at the same time increases efficiency for more experienced people. 78 percent of IT decision-makers say the adoption of APIs is important for their company to stay competitive in the market. As developers continue to shift to an API economy, cybercriminals have taken notice and intensified efforts to find new attack vectors and exploits.

As decision-makers in organizations attach greater priority to accelerated, inexpensive application development, the industry is adopting API use at unprecedented rates. At the same time, organizations must employ corresponding security functions and processes to ensure they can protect their data. Today, at least 90 percent of developers using APIs in cloud-native web application development and organizations are reviewing their API security strategies to ensure that security moves in lockstep with innovation.

Overall, decision-makers realize using APIs improves internal data quality, enhances customer visibility and trust, helps create a better product for customers, and streamlines internal processes. To gain these benefits, organizations must overcome the challenges of competing or evolving priorities across teams and find a balance as they expand the adoption of APIs and the security that protects their assets. This means building a holistic API security strategy that optimizes overall productivity and ensures developers have the skills and tools required to manage API security.

As with any data-centric security strategy, having continuous visibility into APIs reduces the complexity of securing them. An API security technology can reduce complexity around securing APIs, ease compliance, and enhance the ability to classify API-transferred data, ensuring all key modes of visibility. To overcome security concerns relating to expanding the attack surface with more channels for data, the right security solution can assuage concerns and enable APIs to keep delivering on investments.

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