API security in 2024: Predictions and trends

As technology continues to advance at an unprecedented pace, so does the complexity of API security.
With the proliferation of APIs in modern applications and services, organizations will need to develop a better understanding of their API environments and the risk APIs represent to operations.
In 2024, we anticipate several key trends and predictions that will shape the landscape of API security.
Innovation in the API security market will accelerate.
In 2023, API attacks on businesses have significantly increased, signaling the vulnerability of this attack surface.
The API security market is currently in its early days, but as API security climbs the business agenda, we expect to see significant innovation in this space.
Agile cybersecurity vendors will focus in 2024 on building solutions that offer visibility into the API attack surface.
Organizations will need to priorities inside-the-perimeter defenses which continuously monitor API traffic to detect suspicious user behavior.
As a result, 2024 will usher in a new era where visibility will be a priority for API security strategies.
API governance will become the cornerstone of API security.
Robust API security strategies require CISOs to work with application development teams to build API governance processes and structures.
To identify attacks or remediate incidents CISOs and their teams must have visibility into their API environment and existing vulnerabilities.
Processes will need to be set up to increase effective cross-discipline collaboration, enable API discovery, and set basic policies and standards for how properties should be operating.
Ultimately robust API governance should turn discovery findings into valuable KPIs and metrics that organizations can use to assess progress when it comes to their security posture.
With the widespread use of APIs, especially in sectors such as financial services, regulators are looking to encourage transparency in APIs.
This means data privacy concerns and regulations will continue to impact API use in 2024.
API security solutions must be scalable to adapt to the needs of both small and large organizations.
We anticipate in 2024, automation will play a greater role in API security solutions.
API security solutions will offer automation capabilities for building custom threat detection and alerting rules, facilitating real-time threat detection and response.
These trends, along with a focus on on-premises solutions, scalability, and automation, will help organizations stay ahead of API security challenges in the years to come.


This Cyber News was published on www.helpnetsecurity.com. Publication date: Fri, 29 Dec 2023 05:13:05 +0000


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