Strengthen API Security: Safeguarding Black Friday E-Commerce from Cyber Threats
November 21, 2024APIs without proper authentication or rate-limiting are particularly susceptible to attacks like data theft and account takeovers.
Black Friday is a critical shopping day for retailers, driving significant online traffic and revenue, but it also increases cybersecurity risks.
APIs (Application Programming Interfaces) are essential for e-commerce, connecting various systems to facilitate shopping, yet they are vulnerable to cyberattacks.
Recent incidents, such as those involving Peloton and T-Mobile, highlight significant gaps in organizations' security strategies and the need for proper security controls.
By prioritizing API security and implementing effective governance practices, retailers can protect their systems and maintain customer trust during the busy shopping season.
To mitigate risks, retailers need a robust API posture governance program that aligns development teams with security best practices throughout the application lifecycle.
Education and collaboration among all stakeholders are crucial to fostering a culture of shared responsibility for API security.
A compromised API can result in severe consequences, including customer data leaks, financial fraud, and operational disruptions.
Retailers must embed security measures into their development processes without hindering innovation, using automated testing and continuous monitoring to address vulnerabilities early.
Many organizations prioritize speed over security during Black Friday preparations, which can lead to security oversights.
Common security pitfalls in API development include insecure coding practices, inadequate architecture, misconfigurations, and lack of runtime protections.
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Security Boulevard • Nov 21, 2024
API (In)security: The Hidden Risk of Black Friday