Fintech as a Service (FaaS) is a business model that enables companies to outsource financial technology (fintech) services to a third-party provider. This model provides companies with a more flexible and cost-effective way to access fintech services and improve their financial operations. Let’s explore the concept of Fintech as a Service and the impact of API solutions on Fintechs.

Confused about the difference between a web application firewall (WAF) and a web application and API protection platform (WAAP)? Curious how intelligent a next-gen “intelligent WAF” really is? Wondering whether you need dedicated API security if you have a WAAP? Can you really trust a WAAP to secure your critical data and services? In a session from the Salt Security API Security Summit, Mike Rothman, Techstrong Research, stated.

The OWASP API Top 10 is a list of common vulnerabilities found in APIs. OWASP created it as a resource for developers, testers, and security professionals to help them understand how to protect against API threats. Many people think that APIs are just another type of web application, but they're not; they have their own set of risks and challenges that need to be addressed. A simple API call can result in a data breach that could have lasting consequences for your business.

Today we announced the immediate availability of the Salt Security API Protection Platform on Google Cloud Marketplace and our acceptance to the Google Partner Advantage program! Salt now provides the cloud trifecta, enabling customers to adopt the Salt platform on the AWS Marketplace (followed by the AWS ISV Accelerate Program), on the Microsoft Azure Marketplace, and now on Google Cloud!

Last week, T-Mobile disclosed that the personally identifiable information (PII) of 37 million of its past and present customers had been breached in an API attack. They also shared that the attack had been going on since November but was only caught January 5 by T-Mobile’s security team. Coverage of the attack has been swift, far-reaching, and harsh, as this represents T-Mobile’s 8th breach since 2018.

In the world of cybersecurity, the spotlight often shines on protecting applications, networks, and individual accounts. Application programming interfaces (APIs), on the other hand, present their own set of challenges to secure. APIs account for a significant portion of internet traffic and handle massive amounts of information from a wide variety of programs and applications; consequently, they make for an appealing target in the eyes of cybercriminals.