Fortifying Financial Transactions for a Leading Bank with Robust API Security
Client Overview
1M+
API Calls per Day
Leading
Global Bank
50+
Countries Supporting Online & Mobile Banking
Scenario
A global banking leader needed to secure a vast network of APIs that facilitate digital banking services, including online banking, mobile transactions, and third-party integrations. Protecting sensitive financial data and ensuring regulatory compliance became paramount in maintaining customer trust.
Problem Statement
Vast API Ecosystem:
Managing the security of thousands of APIs that handle sensitive financial data daily across numerous banking services.
Sensitive Data Exposure:
Persistent risk of exposing Personally Identifiable Information (PII) and sensitive financial data through unmonitored APIs.
Compliance Pressure:
The need to maintain PCI-DSS and GDPR compliance while delivering seamless customer experiences.
Our Solution & Its Impact
Solution Implemented
- API Inventory and Discovery for real-time API monitoring
- Shadow and Zombie API Identification to prevent security blind spots
- Behavioral Analytics and Anomaly Detection for real-time threat management
- OWASP Top 10 Vulnerability Scanning
- Business Contextualized Risk Scoring
Key Results
- 50 sensitive data exposures detected per month
- 10 anomalies detected weekly
- 20 critical vulnerabilities identified monthly