In the evolving financial services landscape, Application Programming Interfaces (APIs) have become fundamental tools for facilitating seamless digital transactions and interactions. However, as the reliance on these technologies grows, so does the need for stringent API security. Ensuring the safety and integrity of sensitive financial data has never been more critical. Read on to learn about the pivotal role of APIs in financial services and the paramount importance of their security. The Role of APIs in Financial Services APIs are the backbone of digital communication in today’s financial sector, acting as intermediaries that allow different software applications to interact and…
Author: Stefanie.Shank
Ransomware is a growing epidemic. 2022 saw a slew of high-profile attacks leading to massive paydays for cybercriminals. While the headlines sound the alarm for businesses concerned about their data safety, they create allure amongst would-be thieves looking for their next payday. Cybercrime has become a lucrative industry at the cutting edge of innovation. Bad actors will stop at nothing to devise new ways of cashing in, and thwarted attempts only cause them to work more diligently to succeed. High Stakes The stakes are high in ransomware attacks, and the price tag is only part of the story. Despite government…