A security strategy that manages access and protects systems from attack

Software flaws continue to be a key issue in the financial industry. Application Program Interface (API) economy and access-to-accounts (PSD2) are the big new trends: with ease of API integrations comes the difficult part of ensuring authentication and authorization.

APIs are not web applications: APIs have unique logic, unique authentication and authorization mechanisms, and together with unique vulnerabilities. They can be consumed by humans, machines, or other APIs. Traditional security solutions only focus on known attack types and lack  granular understanding of these aspects of APIs. 

This makes the traditional solutions incapable of detecting or preventing attacks that exploit the vulnerability unique to APIs. During our experience, we have noticed that designing security APIs is a very complex problem indeed. IMQ Minded Security can support your team to analyze your implementations, address the potential risks and fix the vulnerabilities as rapidly as possible.

A security strategy that manages access and protects systems from attack while still engaging digital ecosystems is essential to any API program.

API Security Assessment consists of the following activities:

• API Discovery: understanding what is public. Continuous security mindset – a must
• API Design Review: review of design implementation (Authentication/Authorization)
• API Secure Code Review: review of the API code
• API PT: external API Penetration Testing