There have been two major API related cyber hacks within the past month
T-Mobile announced late last month that data for more than two million T-Mobile customers was accessed in a coordinated exploitation of an improperly secured API. This is one of the areas where the Akana API Gateway shines. Leading enterprise customers around the globe in financial services, government, healthcare, and other industries rely on Akana to secure their most sensitive applications.
Facebook announced a security breach which allowed hackers to query Facebook’s API system, exposing up to 50 million user accounts.
HERE is a link to a blog written by one of our senior API consultants that I think you may find of interest regarding mitigating API security risks.