The use of application programming interfaces (APIs) is critical to many businesses and organizations – providing the necessary connections between software components. On average, businesses manage more than 300 APIs. Unfortunately, APIs have a number of vulnerabilities that cybercriminals love to take advantage of.
According to TechCrunch, APIs can be misconfigured, or otherwise vulnerable, and be used as a way to gain access to your systems. TechCrunch states, “APIs are an attractive target for threat actors because they act as the glue linking different services – they allow data to flow freely from one area to the next, and thus provide a rich vein of information if they are compromised.”
And because businesses and organizations are using so many APIs to connect systems – if they aren’t housed in a single, easy-to-use integration platform, it can be tough to monitor each API and proactively shut down security threats or resolve any issues.
In an interview with Forbes, Jesse Victors, security consultant at Synopsys, said, “As technologies shift to single-purpose microservices, we are seeing more and more APIs to facilitate that communication, and thus there are more APIs and implementation to configure and secure.”
And because there are so many APIs being used, there are more opportunities for cybercriminals to attack – making APIs a very attractive target.
Introducing iPaaS as an Answer for Improved Security and Efficiency
So how can you keep the critical functionalities of your APIs, but ensure the security of your most vital systems? The answer is implementing Integration Platform as a Solution (iPaaS).
In short, iPaaS is a tool that gives anyone in your organization the power to know which APIs are being used and where. You can check that they are secure and performing as intended from one centralized hub. You no longer need to wait until an API breaks to know there’s an issue. You can fix it centrally and mitigate any security risks in the process.
In addition, iPaaS provides the ideal environment for implementing regulation compliance through a single environment. In the TeamDynamix iPaaS solution, for example, you can take advantage of the following advanced security and compliance features:
- Authentication through OpenID Connect, Active Directory, and OAuth
- Role-Based Access Control (RBAC)
- GDPR, HIPAA, and CCPA compliance
- Advanced API logging capabilities
You don’t want API chaos to be the reason your business is at risk. Cyberattacks are expensive, with the average cost of an attack approaching more than $4.6 million per incident. To learn more about the benefits of iPaaS, and have peace of mind when it comes to your API management, visit www.teamdynamix.com/ipaas and schedule a demo today.
Want to learn more about iPaaS? Check out our eBook: What is iPaaS and How Does It Accelerate Digital Transformation