During the past year, 17% of insurance companies and financial service firms had an application programming interface (API) related security breach, according to a survey from Salt Security, Inc., which found that 84% of API attacks against financial service and insurance businesses came from "authenticated" users that appeared legitimate but were not.
Survey participants included 71 financial and insurance respondents and 120 chief information security officers (CISO).
Additionally, 28% of respondents said they have no current API strategy, while 42% said they have little confidence in understanding which APIs could expose personally identifying information.
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Steve Hallo
Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]
