Distributed edge platform provider Edgio has announced the availability of its new API security solution which utilises machine learning to protect enterprise APIs from evolving threats at the edge.
The company explains its rationale for such a product thus: “The rapid growth of APIs used to build microservices in cloud-native architectures has left many enterprises in the dark when it comes to knowing where, how many, and what types of APIs they have. With multiple teams creating their own API endpoints without shared visibility or governance, exposed APIs can become a critical attack surface for hackers.”
APIs are a non-negotiable for forward-thinking organisations today. A 2022 study found that 97% of 300 enterprise leaders polled believed that successfully executing an API strategy is essential to secure companies’ future revenue and growth. An even higher number (98%) agreed they were key to their organisation’s digital transformation efforts.
Yet API abuse, where APIs are targeted as vehicles for DDoS attacks to take over accounts and grab business-critical data, is a headache for organisations. According to the 2023 Veracode State of Software Security report, almost three quarters (74%) of applications scanned were found to have a high security vulnerability.
The API security solution is available immediately as part of Edgio’s holistic Web Application and API Protection (WAAP) offering. Another potential scenario is to allow DevSecOps teams to test and validate API schema changes in production.
“With the proliferation of APIs at the heart of today’s digital world, API sprawl is creating new challenges for businesses,” said Ajay Kapur, CTO and general manager applications at Edgio. “Building API discovery and protection into the Edgio platform helps organisations address their most pressing issue, without costly and time-intensive DIY or third-party approaches.
“Edgio helps them discover and manage shadow APIs, ensuring developers follow established API management protocols and, most critically, ensuring data privacy and protection,” Kapur added.
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