Financial Services
Protect your most valuable assets
APIs enable financial institutions to enhance the consumer experience and streamline payments. However, many are left unsecure and are often exploited by cybercriminals. Noname Security helps organizations detect vulnerabilities and misconfigurations, and avoid costly data breaches.
The banking industry is a prime target
The impact of APIs can be seen across all facets of financial services, including brokerages, banks, neobanks, credit unions, credit lenders, and credit bureaus. However, this seamless connection between datasets can come at a high cost if not adequately protected. According to the IBM Security Report, the average cost of a Financial Services security breach reached $4.24M in 2021.
Legacy tools can't secure APIs
Existing security technology cannot secure APIs. Without automated discovery, you have limited visibility.
Lack of in-house expertise
Many institutions lack the internal resources to adequately test and monitor their API estate.
API security not budgeted for
Unfortunately, despite being a hot topic for CISOs, API security is not prioritized in budgets.
Rapyd Customer Story
Rapyd’s CISO evaluated a number of established, purpose-built API security solutions but most fell short of their expectations. Then they turned to Noname. With the Noname API Security Platform, Rapyd can now protect its APIs and critical assets from cyber attacks.
Don't become the victim of a breach
With the number of applications using APIs growing quickly, banks and brokerages alike are facing increasing challenges when it comes to security. Noname Security keeps financial institutions protected by identifying and remediating vulnerabilities before they’re discovered by malicious actors.
Inventory every API
Find and catalog all types of APIs in your environment, including HTTP, RESTful, GraphQL, SOAP, XML-RPC, JSON-RPC, and gRPC. Gain complete visibility into every source across on-prem and cloud with Noname Security Posture Management.
Detect malicious behavior
Leverage our AI and machine learning detection to analyze API traffic in real time. Noname Security Runtime Protection delivers insights into API security attacks, suspicious behavior, data tampering, data leakage, and data policy violations.
Stop API vulnerabilities
Run over 100 dynamic tests that simulate malicious traffic, including the OWASP API Top 10. With Noname Active Testing, you can run tests on-demand, or as part of a CI/CD workflow, to ensure code quality. Ensure vulnerabilities are addressed throughout the development lifecycle.
API Security Trends in 2022: Financial Services
The study examines the prevalence of API security incidents, the top API security vulnerabilities, and the frequency at which Financial Services organizations are conducting API security tests. Discover which areas CIOs, CISOs and cybersecurity professionals should prioritize.
