API Risk Analysis for Regulatory Compliance

This case study details the implementation of Cequence API Security by a large global financial services company to address security challenges associated with API exposure. The organization, which utilizes APIs for delivering core products and services, faced risks such as shadow APIs, non-compliance with API specifications, and potential data leaks. The deployment of Cequence API Security provided runtime visibility into all APIs, allowing for the identification of external APIs and monitoring of traffic patterns. This solution enabled the company to discover APIs that could leak sensitive data and assess risk factors related to compliance violations. The integration with existing load balancers facilitated traffic analysis, and any anomalies were investigated further. The results included improved collaboration among security, development, and business teams, enhancing the maturity of the API security program and ensuring the protection of customer data. Overall, the case study illustrates how effective API risk analysis can help maintain regulatory compliance.