Yisrael Gross, Co-Founder & VP Business Development, explains how L7 Defense helps organizations to protect their infrastructure, applications, customers, and partners against the growing risk of API-borne attacks.
APIs have become critical for data sharing and applications integration, which makes them an attractive target for malicious attacks. This means that organizations are exposed to these new threats.
To address this new cybercrime wave, L7 Defense has revolutionized the way organizations protect their APIs using its advanced AI-based technology.
What problem are you trying to solve?
Application Programming Interfaces (APIs) are the building blocks of today’s applications ranging from maps to fitness-tracking apps and login authentication to banking apps to customer service communications in e-commerce apps, accounting for more than 80% of all internet trafﬁc.
Enterprises are making APIs an integral part of their growth strategies with end customers and 3rd parties, shifting from monolithic on-premises software to cloud-based applications.
The popularity and widespread use of APIs were noticed by threat actors who are abusing APIs more and more as a favorite attack vector.
According to research and advisory firm Gartner, API abuse will be the most frequent attack vector resulting in data breaches for enterprise web applications by 2022.
How are you solving that problem?
Ammune™, L7 Defense’s platform technology, protects services inline from the first request. It builds automatically a fully adapted protection layer to each and every service (API).
It utilizes advanced Artificial Intelligence technology that presents an exceptional level of accuracy for detecting cyber threats targeting APIs, without interfering with the request that is sent by legitimate users.
Ammune™, deployed as a plug & play solution, auto-discovers APIs in continuously and starts to protect them immediately. Overall, it is an automated solution from deployment on for day-to-day operations.
It protects from more than sixty different API-attack types, including API-WAF, API-BL, API-BOT, and API-DDoS attacks without any compromise regarding the user experience, while identifying and stopping threats in real time with the best possible accuracy.
Where do you see your company going in 5 years?
L7 Defense vision is to become the security standard for all online transaction securing the current and future dependency in worldwide services that is dominated by APIs.
What is the next big challenge in information security?
During the last few years, we have seen a big shift to data privacy and control of all customers’ data e.g., GDPR, PSD2 etc. Data leakage, data exposure, and mass fraud activities made available through increasing API exposure is a risk every enterprise is facing now when they provide online services.
While cyber security risk is growing sharply, the dependency on cyber export teams has become very challenging, expensive, and inefficient. This is where we will all need to rely on automated, AI-based security platforms, such as Ammune™ of L7 Defense, to keep the digital transformation growth pace “on track”.
How do people get involved/buy into your vision?
We are looking to scale by adding more system integrators, technical partners, and channel partners in various segments and territories that are interested in joining the future of cyber security. Consultants, distributors, and integrators are welcome to join us in our success.