Protecting Digital Wallets and Payments for a Fintech Leader with Advanced API Security

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Client Overview

800,000+
API Calls per Day
Global
Fintech Startup
10+
Users Facilitating Digital Wallets and Payments

Scenario

A fintech startup faced the challenge of managing a dynamic API infrastructure that supports digital wallets, peer-to-peer payments, and investment platforms. Securing these APIs was vital to protecting customer data and ensuring smooth, compliant financial transactions.

Problem Statement

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High API Vulnerability Risk:

Identifying and mitigating undocumented APIs that could expose sensitive financial data.

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Regulatory Compliance Pressure:

Ensuring continuous compliance with financial regulations such as PCI-DSS and GDPR.

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Complex API Management:

Limited resources to manage, monitor, and secure APIs across various digital platforms.

Our Solution & Its Impact

Solution Implemented
  • API Inventory and Discovery for real-time API tracking
  • Sensitive Data Exposure Detection and mitigation
  • Business Contextualized Risk Scoring
  • OWASP Top 10 Vulnerability Scanning
  • Anomaly Detection through behavioral analytics
Key Results
  • 40 sensitive data exposures detected per month
  • 8 anomalies identified weekly
  • 15 critical vulnerabilities resolved per month
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