Designing Secure Access and API Management Frameworks

Given their widespread adoption, securing APIs is crucial for protecting sensitive data and functionality. The goals of API security are to safeguard API assets, ensure uninterrupted service, and uphold customer trust and loyalty. Threats to APIs stem from their accessibility, the underlying transport layer, and the business logic they expose. Successful API security implementation reduces risk to an acceptable level. Failure to adequately secure APIs is a dire concern; a 2021 survey of development, security, and operations professionals revealed that more than two-thirds of companies suffered an API security breach, resulting in major losses for over one-third of them.