How Banks Can Use APIs Effectively — and Securely

80% of bank security executives expect the number of APIs in production to increase in the next 12 months, according to our latest survey of more than 150 banking professionals. While the benefits of APIs are significant—including meeting customer needs quickly and helping institutions earn more revenue—there’s a great deal of inconsistency about how banks mitigate threats to API security, with many organizations lacking an API security strategy.

This report outlines our survey results to help uncover where processes can be improved regarding API security. It provides key findings on how security professionals in the financial and banking services view API security—and the steps they can take to develop secure APIs and remediate those already in production.

Explore our survey findings and major takeaways, including:

  • The current API security risk
  • The impact of digital transformation on API security
  • Views on API security maturity
  • Different approaches to address API security

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