
Akamai Applied sciences introduced this week that it’ll purchase privately funded software programming interface menace detection and response agency Neosec, a finalist within the 2022 RSA Convention Innovation Sandbox Contest. The deal is about to shut in June. Neosec’s workers, together with co-founder and chief government officer, Giora Engel, and co-founder and CEO, Ziv Sivan, are additionally anticipated to affix Akamai’s safety know-how enterprise.
The acquisition speaks to the wake-up name second: the rising significance of API danger detection and assault remediation as a part of always-on detection and response, and the ascendance of extra holistic safety platforms.
Within the latter circumstance, IT firms like Cisco, Verify Level and others are providing a holistic single platform different to a multiple-vendor method — one centered on myriad safety software-as-a-service options to particular vulnerabilities — slightly like dozens of proverbial Hollanders plugging identified leaks with their thumbs however not addressing the massive image.
Rupesh Chokshi, basic supervisor of software safety at Akamai, defined that the acquisition brings much-needed experience in API to Akamai.
SEE: Coordinated cybersecurity is safety aligned with enterprise targets (TechRepublic)
“There are a variety of issues we now have develop into actually good at, however we haven’t centered on API interactions. With this new functionality we’re in a position to see anomalies: Why are these calls being made? What’s the knowledge shared or traversed, what identified vulnerabilities are we seeing? We’ll now have the flexibility to rapidly alert the shopper that that is what’s happening,” Chokshi stated.
Mani Sundaram, government vp and basic supervisor of the safety tech group at Akamai stated, “Enterprises expose full enterprise logic and course of knowledge through APIs, which, in a cloud-based financial system, are susceptible to cyberattacks. Neosec’s platform and Akamai’s software safety portfolio will permit prospects to achieve visibility into all APIs, analyze their habits and shield in opposition to API assaults.”
API assaults on the rise
Safety corporations are seeing a brisk improve in API menace exercise. Salt Safety, in its March State of API Safety report famous a 400% improve in attackers over the prior six months. The report additionally discovered:
- 80% of assaults occurred over authenticated APIs.
- Almost half of respondents now state that API safety has develop into a C-level concern.
- 94% of survey respondents skilled safety issues in manufacturing APIs previously 12 months.
- 70% stated their organizations suffered an information breach on account of safety gaps in APIs.
One instance illustrates how efficient a comparatively easy API assault may be: the NCC Group, in its 2022 annual Menace Monitor, famous that Australian telecom Optus had the private info of 10 million prospects uncovered in an information breach accessed by an uncovered API.
Roey Eliyahu, co-founder and CEO, Salt Safety famous that whereas APIs are powering digital transformation delivering new enterprise alternatives and aggressive benefits, “The price of API breaches, corresponding to these skilled just lately at T-Cell, Toyota and Optus, put each new companies and model status, along with enterprise operations, in danger.”
Akamai’s State of the Web report famous the inclusion of API vulnerabilities within the upcoming Open Net Software Safety Undertaking API Safety High 10 launch is emblematic of rising trade consciousness of API safety dangers.
Danger grows with elevated velocity of software program improvement
The Akamai report cites two elements driving the rise in API assault quantity. One is acceleration within the software improvement lifecycle, which “requires a sooner turnaround in creating and deploying these functions in manufacturing, which may end in an absence of safe code,” stated the report.
Akamai cited Veracode’s Enterprise Technique Group survey, wherein 48% of organizations said that they launch susceptible functions into manufacturing due to time constraints (Determine A).
Determine A

Akamai additionally reported the variety of vulnerabilities is on the rise, with one-tenth of all vulnerabilities within the excessive or vital class present in internet-facing functions. The report additionally stated open supply vulnerabilities like Log4Shell doubled between 2018 and 2020.
Attackers see APIs… however do you?
Akamai stated that amongst different issues, Neosec’s resolution supplies visibility of APIs — which is of vital significance as a result of organizations typically don’t know the place, or what number of APIs they’ve beneath the digital decks.
“That’s precedence primary,” stated Chokshi. “In safety language, it’s discovery and visibility. And it’s going to be fascinating as a result of prospects need the baseline: they wish to perceive (their API publicity).”
As a result of giant organizations can have 1000’s of apps, they typically wish to concentrate on high-risk APIs, as a result of they’ll’t deal with the whole lot without delay, he added.
“They’re utilizing a lot of completely different exit factors, API gateways like (Google Cloud’s) Apigee, or Kong, or load balancers like F5, so there’s this entire complexity that every enterprise atmosphere has that we now have to work with prospects to sort out as we go ahead. The tip goal can be visibility and discovery found out, and intelligence, after which work on safety: How a lot of this could we do with blocking, how a lot with response and may we automate?” Chokshi stated.
Former FBI Particular Agent Dean Phillips, government director of public sector applications at API safety agency Noname stated the dangers are multiplied by visibility points, a perennial downside with enterprises with giant and rising numbers of built-in functions and interfaces.
“We’ve got discovered that in non-public safety upwards of 30% of APIs which are energetic in an atmosphere are unknown by customers,” he stated “So there’s quite a bit that goes on that customers simply aren’t conscious of, together with motion of delicate knowledge, not simply names and addresses however social safety numbers, birthdays, that the appliance doesn’t essentially want or use. It’s a significant downside. For those who don’t know what you may have, or what it’s doing, how do you shield it?”
Rising API assault incidents in 2022
Based on Google Cloud Cybersecurity Motion Staff’s April 2023 Menace Horizons Report, the rise in API compromise was a think about one-fifth of incidents final 12 months. Based on the report, prospects delayed safety upgrades as a result of “they fearful that such upgrades may additionally convey unanticipated API modifications, which could undermine their functions’ performance.”
The report stated, nevertheless, that APIs don’t truly change with minor upgrades, addressing Kubernetes cluster’s total working atmosphere, and the scope of the updates may be managed. “Prospects weren’t all the time conscious of this configuration choice, nevertheless,” the report stated.
Rising concentrate on API safety
Due to the ubiquity of APIs as intermediaries in an increasing number of cloud native transactions, Chokshi stated he sees the API safety market doubtlessly changing into a safety superset.
“The interactions can be that a lot better due to areas just like the automotive trade, healthcare, and sensible cities, versus basic finish person or cellular functions,” he stated.
“You even have a number of companies the place APIs are vital to the again finish: A buyer is attempting to open an app or account, and within the again finish there’s a credit score test, or different actions. An increasing number of business-to-business transactions happening on this cloud financial system, together with provide chains, are API-driven. The API market, on the whole, is quickly rising and the tooling that’s required to maintain up is missing. Safety turns into much more essential due to that,” Chokshi added.
Phillips agrees APIs are an lively house. “It’s changing into white sizzling, and many people are attempting to get entangled in API safety as a result of there’s a rising recognition that they’re the primary assault vector,” he stated, noting that in 2022, Gartner had estimated that by final 12 months, APIs can be the No. 1 assault vector. “And we now have seen large progress,” Phillips stated.
API surveillance joins the platform
Alamai’s acquisition follows a shift away from single-point options to complete companies — from merchandise to platforms — the virtues of which trade consultants have been extolling for years.
“It’s a continuing dialog between best-of-breed know-how and platform options,” stated Wendi Whitmore, SVP of Palo Alto Networks’ Unit 42 workforce. “The dialogue beforehand had been one or the opposite. I’ll say that our capability to offer a much wider vary of options throughout know-how is absolutely compelling, and I’ll say nearly all of our merchandise are better of breed. It is going to be harder for organizations to compete in a world fixing one small downside,” she stated. “There may be by no means one single silver bullet. It’s too advanced right this moment.”
Chokshi stated Akamai’s acquisition — and a security-platform method to cyberdefense — permits the agency to learn from adjacency in order that an attacker doesn’t get misplaced in transit between one level of visibility (or safety product if the group is utilizing a number of distributors) and one other. “We’re already offering a excessive degree of safety, they’re snug with our portals and platforms and so this turns into an extra functionality in that very same continuum.”
Phillips, who stated Noname employs a “left of growth” method — primarily shifting left to handle API vulnerabilities earlier than an incident makes them apparent — predicts there can be extra consolidation that brings API safety capabilities beneath the aegis of main gamers. “There’s sufficient recognition within the trade that API safety is rising. APIs have been round for a very long time however recognition of vulnerabilities hasn’t. Assaults are rising however the query turns into what’s the impression? Is the ache of the assault sufficient to drive motion?”