API Risks to Business
- Businesses are facing unprecedented breach risks; on average, 1 in 4 startups have reported a breach in the past 24 months.
- APIs now account for 40% of the overall attack-area for web-enabled Apps.
- APIs will account for 90% of the overall attack-area for web-enabled Apps by 2022.
- Most regulated industries require periodic security audit reports. Internal Sales, B2B customers, and partners continuously ask for security reports.
- Most large enterprises including Citi, Google, Facebook, and Microsoft, etc., across all industries have reported API breaches in the past 12 months.