Automate privacy and compliance
Protecting sensitive data is a top priority for CISOs and cybersecurity professionals due to the hefty fines and reputational damage that accompany data breaches. As more applications interact with personally identifiable information (PII), the probability of a breach increases exponentially. Without the right security controls in place, you leave yourself vulnerable to some serious consequences.
Stay compliant with data privacy laws
You need to know how many APIs you have
Without confidence in your API inventory and third-party connections, you have an unknown level of risk exposure to data breaches. You need to be assured your API security controls can demonstrate compliance. Which means the first step is knowing how many APIs you have.
Sensitive data can sprawl anywhere
All kinds of sensitive data traverse your APIs. Personally identifiable information (PII) like phone numbers, addresses, credit card information, health records, social security numbers, etc. Having an accurate inventory of your APIs goes beyond knowing how many you have. You also need to if your APIs are interacting with sensitive data types.
Regulatory fines can be costly
There are a myriad of regulatory bodies and statues organizations maintain compliance with as it relates to sensitive data. HIPAA, PCI-DSS, GPDR, CCPA, and PIPEDA, are all examples of regulations that organizations must be compliant with in relation to the sensitive information they collect and store. Failure to comply with these regulations can result in some very serious and costly penalties.
Data residency is non-negotiable
You need to ensure data residency to remain compliant with regulatory requirements regarding local discovery, analysis and identification of APIs. No critical data identified by your security tools should ever leave the perimeter of your cloud or on-prem environment.