API Risk Assessment Service

Cyphere’s API Risk Assessment Service is designed to help you identify and mitigate security risks, ensuring your API usage remains secure and reliable.

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Why conduct API Security Assessment?

API Risk Assessment systematically and strategically evaluates your organisation's Application Programming Interfaces (APIs) security posture.

APIs facilitate seamless communication between software components but can also introduce vulnerabilities. In this digital age, securing your APIs is not an option; it’s necessary.

It is a critical component of your cybersecurity strategy, aimed at identifying, analysing, and mitigating potential security risks and vulnerabilities within your API ecosystem. This proactive approach ensures the integrity, confidentiality, and availability of your APIs and the data they handle, safeguarding your digital operations and protecting sensitive information.

common issues found during api risk assessment

Benefits of API Risk Assessment

Safeguard Revenue and Brand Reputation

Proactively identifying and mitigating API vulnerabilities prevents costly data breaches and service disruptions, protecting your bottom line and brand reputation.

Foster Secure Innovation

A secure API foundation empowers developers to innovate fearlessly, knowing their creations are protected against unauthorized access and manipulation.

Strengthen Compliance Posture

Comprehensive API management and risk assessments ensure adherence to industry regulations and data privacy standards, mitigating compliance risks and potential fines.

Optimise Security Investments

Prioritized insights from the assessment pinpoint critical API security gaps, enabling focused resource allocation and maximizing the return on your security investments.

Build Trust with Partners and Customers

Demonstrating a commitment to strong API governance and security through regular assessments fosters trust and confidence with partners and customers, opening doors to new business opportunities.

cyphere advantage unmatched service quality

By investing in API security risk assessments, you move beyond basic security checks to secure your digital assets, empower innovation, and have developers unlock the full potential of your APIs for business success.

Common API Security Risks Found During Assessments

Our API Risk Assessments often uncover several common API vulnerabilities, including but not limited to:

Inadequate Authentication and Authorisation

APIs with weak or inadequate authentication and authorisation mechanisms may allow unauthorised access to sensitive data and functionality.

Lack of Rate Limiting and Throttling

APIs without rate limiting and throttling controls can be vulnerable to abuse, leading to excessive traffic and potential service disruption.

Data Exposure

Improper handling of data, such as failing to encrypt sensitive data or not using secure connections, can expose data to unauthorised access or interception.

Poor Error Handling

APIs that provide verbose error messages can inadvertently reveal sensitive information to potential attackers, aiding them in identifying vulnerabilities.

 

Insufficient Logging and Monitoring

Inadequate logging and monitoring of API activities make detecting and responding to security incidents or abnormal behaviour difficult.

Insecure API Endpoints

Vulnerabilities in specific API endpoints, such as SQL injection or Cross-Site Scripting (XSS) vulnerabilities, can be exploited to compromise the API and underlying systems.

Inconsistent Versioning and Documentation

Inconsistent API versioning and poor documentation can lead to confusion and misconfiguration, potentially introducing security weaknesses.

Lack of Security Testing

APIs that have not undergone proper security testing, such as penetration testing or code review, may harbour hidden vulnerabilities.

Dependencies on Third-Party APIs

Relying heavily on third-party APIs introduces risks associated with their security posture, potentially impacting your organisation’s security.

 

Ignoring Rate of Change

Failing to monitor and assess changes in the API landscape can leave security vulnerabilities unnoticed as APIs evolve.

By addressing these common issues and managing security found during API Risk Assessment, organizations can significantly strengthen their API security posture and minimize the risk of data breaches and other security incidents.

API Risk Assessment Methodology

Cyphere employs a comprehensive and widely applicable API Security Risk Assessment (API SRA) methodology that covers the full spectrum of API security. This methodology is based on industry best practices and involves the following steps:

  • API Discovery: We identify all APIs within your organization’s ecosystem, including those used for mobile applications, web services, API analytics and others.
  • Risk Identification: Our team examines the potential risks facing each API, considering factors such as data sensitivity, the attack surface, and the geographic location of services.
  • Threat Analysis: We thoroughly analyze security threats associated with each API, considering various potential consequences and risks.
    • Security Assessment: Our security experts evaluate API security controls, reviewing security policies, data protection measures, and other relevant security mechanisms. We do provide CREST approved API pentesting.
  • Full Spectrum Evaluation: We examine APIs from multiple angles, including physical and cyber security, to provide a more complete SRA.
  • Countermeasures: We recommend additional countermeasures to strengthen API security after identifying vulnerabilities.
  • Documentation: We provide a detailed report of our findings, giving you complete visibility into the security posture of your APIs. This documentation helps you make better-informed decisions regarding your API security.

Why choose Cyphere as your API risk assessment service provider?

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Why choose Cyphere for API Risk Assessment?

Cyphere stands out as the preferred choice for API Risk Assessment for several reasons:

  • Industry Expertise: Our team of security experts has experience across various industries, including the petroleum and petrochemical industries. We understand the unique challenges these sectors face and tailor our assessments accordingly.
  • Proactive Risk Management: We don’t just assess security risks; we assist management in mitigating risks. Our approach goes beyond identifying vulnerabilities to helping you implement risk management strategies.
  • Compliance Focus: We are well-versed in applicable laws and compliance standards, ensuring that your API usage aligns with regulatory requirements.
  • Emergency Response: In the event of a security incident, our team is ready to provide emergency response assistance, helping you and security teams minimise damage and recover swiftly.

Our Engagement Approach

Customer Business Insight1
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The very first step as a penetration testing provider remains our quest to gain insight into drivers, business operations, pain points and relevant nuances. As part of this process, we understand the assets that are part of the scope.
Services Proposal2
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It is important to gain grips with the reality, therefore, we always stress on walkthroughs or technical documentation of the assets. After asset walkthroughs, a tailored proposal is designed to meet your business’ specific requirements.
Execution and Delivery3
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Cyphere’s approach to cyber security involves excellent communication before and during the execution phase. Customer communication medium and frequency are mutually agreed, and relevant parties are kept updated throughout the engagement duration.
Data Analysis & Reporting4
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Execution phase is followed by data analysis and reporting phase. Cyphere performs analysis on the testing output, evaluates the risk impact and likelihood of exploitation in realistic scenarios before providing action plans to remediate the identified risks.
Debrief & Support5
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As part of our engagement process, customers schedule a free of charge debrief with management and technical teams. This session involves remediation plan, assessment QA to ensure that customer contacts are up to date in the language they understand.
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Frequently Asked Questions

What is API security assessment?

API security assessment is a process to evaluate the security of Application Programming Interfaces (APIs), identifying vulnerabilities and weaknesses. This helps you to secure APIs by identifying the security issues within them.

What are the risks of open APIs?

Risks of open APIs include security vulnerabilities, data privacy concerns, authentication challenges, lack of control, scalability issues, integration risks, legal and compliance issues, and reputation damage.

What are API risks?

API risks include unauthorised access, data breaches, and service disruptions, potentially exposing sensitive information and impacting system functionality.

How to test API for vulnerability?

To test APIs for vulnerabilities, use security testing tools like OWASP ZAP, perform input validation checks, and conduct penetration testing to identify and address potential security weaknesses.

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