In this blog post, former CISO and security executive Richard Bird shares his insights on the latest API security trends in the financial sector. Drawing from Traceable's groundbreaking report, "The State of API Security in Financial Services," Bird highlights the alarming findings and the critical need for financial institutions to prioritize API security.

The RSA Conference 2024 survey of over 125 cybersecurity professionals uncovers the current state of API security, highlighting the challenges organizations face in securing their API ecosystems. The findings emphasize the need for a holistic approach to API security, focusing on collaboration, governance, and proactive measures. As digital transformation accelerates, prioritizing API security is crucial for building resilient systems and driving innovation.

APIs are the backbone of digital innovation, but they're under attack. Learn the shocking API breach statistics from Traceable's 2023 report and the key trends experts predict will reshape API security in 2024.

Explore 'Open APIs Explained: Their Impact on Business and Technology' to understand how Open APIs drive innovation and impact tech and business. Learn about their benefits, practical applications, and essential security measures for effective and safe API integration.

Dive into the essentials of API security with our analysis based on Traceable's State of API Security Report 2023. Gain insights from over 1700 cybersecurity experts on API vulnerabilities, data breaches, and cloud security challenges. Learn about effective API risk management and the importance of security testing in today's digital ecosystems. Ideal for IT professionals and business leaders, this article is a concise guide to understanding and enhancing API security in the digital transformation era.

Despite their pivotal role in our digital ecosystems, our recent State of API Security report revealed startling findings about the unknown risks associated with APIs and the gaps in organizational preparedness.