$170k Gone in One Day - API Paid Out Money Itself #apisecurity #cybersecurity #fraud #api #ai
This isn't a data leak. This is direct financial loss. The case: Flex Pay (payment processor in India) The vulnerability: An API flaw allowed unauthorized payouts The impact: $170,000 vanished in a single day Why this matters: Most CISOs focus on data breaches. But some APIs control MONEY. If that API is vulnerable, the attacker doesn't steal data—they drain your accounts. Attackers aren't always after data. Sometimes they're after money. And financial APIs are often the most neglected from a security perspective.