APIs power over 70% of internet traffic and enable everything from online shopping to mobile banking, but they also present major security risks. In 2024, API data breaches increased by 80%, leading to financial losses and damaged customer trust. These risks grow more complex when development is outsourced, as external vendors gain access to systems and code. While API risks exist in both in-house and outsourced environments, understanding them early helps organizations build strong security practices and protect their systems while still benefiting from outsourced development.
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