The world of digital technology is perpetually evolving, positioning cybersecurity as a frontline defense in safeguarding essential digital assets. A primary challenge in this sector, accentuated by the Wallarm API ThreatStats™ report Q3’2023, is ensuring robust API security. This in-depth report emphasizes the urgent need for immediate, strategic actions from business leaders and cybersecurity practitioners alike to combat the sophisticated emerging threats.
- 239 API vulnerabilities in Q3’2023
- 33% of vulnerabilities linked to AAA issues
- Top threats include injections, authentication flaws, and cross-site issues
- High-profile breaches due to API leaks at companies like Netflix and VMware
API-Centric Threats on the Rise
The Wallarm Q3'2023 API ThreatStats™ report delves into the intricacies of API vulnerabilities, offering insights which traditional frameworks like OWASP do not offer. The latest revamped "Wallarm Top-10 API Security Threats" list, informed by real-time data, outlines 239 newly emerged vulnerabilities, emphasizing the urgency of recognizing and addressing these threats.
Notable Dangers and Corporate Implications
The latest findings underscore the pervasiveness of injections and API data leaks, as evidenced by high-profile breaches at major firms like Netflix, VMware, and SAP. These incidents not only illustrate the vital importance of API leak prevention strategies but also serve as a wake-up call: API security must be a priority, not an afterthought.
Key Strategic Recommendations
- Recognize the Limitations of Standard Frameworks: Traditional benchmarks like the OWASP API Security Top-10 are invaluable, but not exhaustive. Wallarm advocates for a dynamic, real-time approach to identifying severe threats that static frameworks might miss.
- Reinforce Authorization, Authentication, Access Control (AAA): Despite being the foundational principles of API security and security, AAA-related vulnerabilities surged in Q3’2023. Regular updates to technology stacks are essential to mitigate these risks.
- Intensify API Leak Protection Measures: Often neglected, API leak protections are integral to security strategies. Implementing systems to detect and neutralize leaked API keys and secrets is paramount.
- Stay Vigilant Against Traditional Vulnerabilities: Classic application-level vulnerabilities remain a significant threat. The persistence of issues like Cross-Site Request Forgery (CSRF), Server-Side Request Forgery (SSRF), or Cross-Site Scripting (XSS) in the current landscape cannot be overlooked.
- Plan for Service Level Agreements (SLAs) Risks:
Prepare for threats stemming from reduced SLAs, including potential DDoS attacks and other service disruptions tied to API vulnerabilities.
Top-10 API Threats: A Rundown
The report ranks the most pressing API threats, from injections, ranked #1 with 59 incidents, to Server-Side Request Forgery (SSRF) at the bottom. Notably, several risks, including API leaks and authentication flaws, were identified outside the scope of existing OWASP guidelines, emphasizing the need for a broader defensive strategy.
Snapshot of Top 10 API Security Risks
Taking Next Steps
In response to these insights, organizations should prioritize API security assessments, identifying specific vulnerabilities, particularly those highlighted in the report. Implementing targeted countermeasures, maintaining up-to-date awareness of emerging threats, and engaging in regular testing are crucial components of a robust API security posture.
Fostering a culture of security within teams, updating organizational policies, and potentially collaborating with API Security experts like Wallarm can further enhance defenses. This proactive approach ensures not only immediate responses to current threats but also long-term adaptation to the evolving digital threatscape.
The findings in the Wallarm API ThreatStats™ report sound a clear alarm, indicating the crucial need for companies to reevaluate their approaches to API security in order to stay ahead of emerging risks. In a domain rife with both traditional and novel threats, staying informed and agile in real-time is the best defense.
As the digital landscape continues to evolve, so too must our approaches to safeguarding our most critical digital assets. Wallarm's integrated platform provides the tools needed to implement API security best practices outlined in the report. Our holistic approach spans the lifecycle from discovery to protection and analysis to testing. By partnering with Wallarm, organizations can gain the insights and capabilities required to implement a robust API security strategy. Wallarm's research provides an invaluable roadmap to help security leaders chart the optimal path forward.
For further information you can download the full report (Wallarm API ThreatStats™ report Q3’2023 or the 2 page Executive Summary of the API ThreatStats™ report. Also, feel free to reach out to our Wallarm security experts who can help you navigate and address your API Security challenges.