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The availability of PingIntelligence for APIs helps organizations challenged by emerging trends within the API landscape, including:
? Industry directives such as PSD2, Open Banking and FHIR/HL7 have accelerated the use of APIs to drive interoperability between organizations in similar industries. As a result, APIs have become a new and growing security risk for all organizations by making it easier for hackers and others to reach into applications and data they expose. According to Gartner, “API abuses will be the most-frequent attack vector resulting in data breaches for enterprise web applications by 2022.”
? Demands from enterprises for rapid API integration projects force security teams to build unique policies for each API. This introduces significant complexity and overhead costs, while also hampering the delivery timelines. According to the Cloud Elements State of API Integration 2018 Report, more than 50% of net new API integrations are built in under 30 days.
