API Security Tools Statistics


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API Security Tools Statistics 2023: Facts about API Security Tools outlines the context of what’s happening in the tech world.

LLCBuddy editorial team did hours of research, collected all important statistics on API Security Tools, and shared those on this page. Our editorial team proofread these to make the data as accurate as possible. We believe you don’t need to check any other resources on the web for the same. You should get everything here only 🙂

Are you planning to form an LLC? Maybe for educational purposes, business research, or personal curiosity, whatever the reason is – it’s always a good idea to gather more information about tech topics like this.

How much of an impact will API Security Tools Statistics have on your day-to-day? or the day-to-day of your LLC Business? How much does it matter directly or indirectly? You should get answers to all your questions here.

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Top API Security Tools Statistics 2023

☰ Use “CTRL+F” to quickly find statistics. There are total 12 Api Security Tools Statistics on this page 🙂

Api Security Tools “Latest” Statistics

  • According to the State of API Security Q1 2021 report, it showed that nearly all respondents (91%) had suffered a security incident in their production APIs in 2020.[1]
  • Since rest APIs make up over 83% of all APIS today, according to HubSpot, they have been the focus of the post, however every API is susceptible to security flaws.[2]
  • 91% of respondents according to the State of API security study claimed they have had a security problem in their production APIs, demonstrating that placing too much trust on development teams’ security measures was insufficient.[1]
  • The number of security incidences is higher than given that 12% of the respondents from 2021 State of API security report stated that they have no way of identifying an attack.[3]
  • According to the 2021 State of API security report, 64% of respondents consider security issues to be a barrier when executing projects that call for API integration.[3]
  • Only 20% during the production stage expressed worry about runtime security.[3]

Api Security Tools “Other” Statistics

  • The Salt Security State of API Security Report 2021 found that 96% of API exploits happen against authenticated APIs.[1]
  • According to the State of API Security study conducted in 2021, 36% of participants said that developers or DevOps teams are primarily responsible for keeping APIs secure.[1]
  • 85% of respondents were unsure of their familiarity with the APIs that expose sensitive data.[3]
  • In the last 6 months of 2020, SaltLabs customers’ API calls totaled 195 million with 1.4% malicious attacks, and six months after it, the API calls totaled 470 million with 2.6% malicious attacks.[3]
  • 61% of firms utilize APIs for system integration, 47% for increasing project implementation efficiency, and 52% for digital transformation.[3]
  • 38% of respondents from the 2021 State of API security report, have a reliable plan for protecting their APIs.[3]

Also Read

How Useful is Api Security Tools

One of the primary advantages of using API security tools is their ability to detect and mitigate potential vulnerabilities in APIs before they can be exploited by malicious actors. By conducting regular security scans and audits, these tools can identify weaknesses in API implementations and suggest remedial actions to address them promptly. This proactive approach can help prevent security breaches and data leaks that could have severe consequences for both businesses and their customers.

Furthermore, API security tools can help enforce best security practices, such as authentication, authorization, and encryption, to ensure that only authorized users can access sensitive data and services exposed through APIs. By implementing robust authentication mechanisms like API keys, OAuth tokens, or client certificates, organizations can effectively control access to their APIs and prevent unauthorized parties from exploiting them for malicious purposes.

Additionally, API security tools can provide valuable insights into API traffic patterns and usage metrics, allowing organizations to monitor API performance, identify anomalies, and detect suspicious activities in real-time. By analyzing API logs and generating reports on key security metrics, these tools can help security teams quickly respond to emerging threats and take proactive measures to safeguard their APIs effectively.

Moreover, API security tools offer advanced capabilities for threat detection and prevention, including automated rate limiting, IP blacklisting, and behavior anomaly detection, which can help organizations proactively defend against different types of attacks, such as DDoS attacks, API scraping, and SQL injection attacks. By leveraging these advanced security features, organizations can significantly reduce the risk of security incidents and maintain the integrity and reliability of their APIs.

Another critical aspect of API security tools is their ability to streamline compliance with regulatory requirements, such as GDPR, PCI DSS, HIPAA, and SOX, which mandate stringent data protection measures to safeguard sensitive information. By applying encryption, data masking, and access controls to API endpoints, organizations can ensure that customer data remains secure and confidential, thereby complying with regulatory standards and avoiding potential fines or legal penalties.

In conclusion, API security tools play a pivotal role in fortifying the security posture of organizations by proactively identifying and mitigating security risks, enforcing best security practices, monitoring API traffic, detecting and preventing threats, and ensuring compliance with regulatory standards. By investing in robust API security tools and integrating them into their DevOps processes, organizations can enhance the resilience of their APIs against evolving cyber threats and maintain the trust and loyalty of their customers in an increasingly interconnected digital world.

Reference

  1. salt – https://salt.security/blog/insights-into-gartners-tips-for-protecting-apis
  2. hubspot – https://blog.hubspot.com/website/api-security
  3. thechief – https://thechief.io/c/editorial/highlights-from-the-2021-state-of-api-security-report/

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