CFOs should prioritise Application Programming Interfaces (APIs) security to protect their organisation’s financial health. API security breaches can lead to significant financial repercussions such as regulatory fines, legal settlements, customer compensation and remediation costs. It can also result in reputational damage, loss of customer trust, operational disruption, and increased insurance costs. Proactively prioritising API security safeguards against immediate threats and positions the organisation for sustained growth in the digital future.
5.6 Million Patients’ Data Stolen During Ascension’s Ransomware Attack Earlier This Year
Ascension, a US health care system, suffered a cyber attack that exposed 5.6 million patients’ personal and health data, causing a $1.8 billion operating margin