Increasing use of application programming interfaces (APIs) has made them an attractive target for cyber attackers. Tech company DataDome highlights that the lack of sophisticated API protection allows fraudsters to exploit these systems, especially in e-commerce and payments. The firm advises businesses to deploy strong authentication mechanisms, data encryption, robust monitoring systems and fraud prevention measures to safeguard their operations against API-related frauds. It warns that a single API security lapse could lead to significant financial loss and reputational damage.
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