Open Banking and directives like PSD2 define the standards for financial institutions to expose information and enable transactions with third parties. The core technology of Open Banking is the Application Programming Interface (API) which powers applications and enables the exchange of data while exposing the inner workings of applications and sensitive information.

There are major benefits of Open Banking for consumers who gain more choices and better experiences, however, financial organizations are faced with securing these new APIs to protect sensitive customer data.

Unlike traditional applications, modern applications powered by APIs present new challenges and require new solutions for protection.

Get the solution brief to learn how to secure your APIs for Open Banking and PSD2 applications.

Download the solution brief

Have you heard about the increasing risk involved with  API attacks?

As APIs have proliferated across SaaS, web, mobile, microservices and IoT applications environments – and the quantity and sensitivity of the data transmitted have increased – API attacks have become more frequent and more complex, making them the number one threat for any company.

The Open Web Application Security Project (OWASP) recognized API security as a primary concern, with nine of the top 10 vulnerabilities in their current OWASP Top 10 report including an API component.