APIs are a powerful tool for organizations to build innovative products and services. Research has shown that over 90% of developers use APIs and 56% have reported that APIs help them to develop better products. However, this increase in demand means there is also an increase in risk.

API security is not a new problem. It’s something that organizations have been trying to tackle for years. But as cloud computing becomes ubiquitous, we are seeing an explosion in demand for secure APIs that provide reliable access to information from different sources over different networks (and even in real time). This means that there are many more potential points of entry for malicious actors looking to exploit vulnerabilities in your infrastructure or steal sensitive data through unconventional methods.

This article highlights and expands on 7 API security related statistics you should be aware of: 41% of organizations suffered API security incidents in the past year

91% of IT professionals believe API security should be considered a priority – This report shows that 91% of IT experts believe that API security should be prioritized especially because over 70% of corporate firms are expected to employ more than 50 APIs. 8 out of 10 IT administrators desire more authority over the APIs used by their company

Attribution link: https://latesthackingnews.com/2022/11/18/7-api-security-statistics-you-should-know/

API Security in Action