Salt Security Report Identifies Significant API Vulnerabilities and Attacker Activity in Financial Services and Insurance Companies
PALO ALTO, Calif. , July 19, 2023 /PRNewswire/ -- Salt Security, the leading API security company, today released findings from its first industry-focused report on API security, the 2023 "State of API Security for Financial Services and Insurance." The report combines empirical data from Salt customers and findings from two separate surveys to provide an in-depth analysis of the impact of API security threats and vulnerabilities on these industries.
- Industry-focused report shows nearly 70% of financial services and insurance companies have suffered rollout delays due to API security, 92% have had security issues in production APIs
PALO ALTO, Calif. , July 19, 2023 /PRNewswire/ -- Salt Security , the leading API security company, today released findings from its first industry-focused report on API security, the 2023 "State of API Security for Financial Services and Insurance." - The report combines empirical data from Salt customers and findings from two separate surveys to provide an in-depth analysis of the impact of API security threats and vulnerabilities on these industries.
- In addition, 92% of financial/insurance respondents say they have experienced a significant security issue in production APIs over the past year, and nearly one out of five have suffered an API security breach.
- Top findings include:
"APIs are essential for the innovative digital services being delivered today by financial and insurance organizations," said Roey Eliyahu, CEO and co-founder of Salt Security.