TRENDING important challenges for organisations in Australia and New Zealand to address .”
To mitigate these risks , A / NZ organisations rely heavily on API Gateways for API security strategies .
For Australia , protecting APIs during runtime is a top priority , with many increasingly recognising the importance of guarding APIs right from development . Having robust code security standards and practices ( 17 %) has emerged as a fundamental strategy among the region ’ s organisations to guard APIs against a broad range of complex vulnerabilities , from Broken Object Level Authorisation and Security Misconfiguration issues to SSRF .
“ Today , API security is more important , but also more complex , than ever . Findings from our report clearly show that more organisations are shifting left along the API lifecycle , while still attempting to shield right ,” said Mohan Veloo , Chief Technology Officer for Asia Pacific , China and Japan , F5 .
“ F5 is bringing advanced API code testing and telemetry analysis to F5 Distributed Cloud Services , creating the industry ’ s most comprehensive and AI-ready API security solution . F5 Distributed Cloud Services can offer API discovery , testing , posture management and runtime protection , all in a single platform , allowing organisations to gain true visibility and security from code to cloud .”
The research reveals that security misconfigurations are a higher concern for A / NZ organisations than the rest of the APAC region . In Australia ( 19 %) and New Zealand ( 17 %) of respondents saw it as a top issue , above the APAC average of 13.2 %.
One fifth of A / NZ organisations have adopted API Gateways to help manage and secure API traffic to provide essential controls for access and consumption .
Other key findings from the 2024 Strategic Insights : API
Security Report include :
• APAC faces unique API security challenges compared to the rest of the world . Security challenge rankings by APAC organisations diverge from global OWASP rankings , with Broken Authentication , Server-Side Request Forgery and Security Misconfiguration emerging as top concerns . This is driven by widely used REST / RPC technologies , high use of internal APIs and diverse deployments across the region .
• Australia prioritises robust , real time data leakage and tampering protection . To mitigate these risks , Australian businesses see API runtime protection as a top priority , with 45 % of respondents marking it as their top priority , compared to 36 % across APAC .
• Insecure integration with third-party services fuelling New Zealand ’ s high concern for Unsafe Consumption of APIs . 21 % of New Zealand respondents expressed concern for unsafe consumption of APIs , a much higher rate of concern than the 9.2 % across the APAC region . Secure API consumption practices are crucial to protect against attackers looking to leverage Webhook and SOAP protocols .
24 INTELLIGENTCIO APAC www . intelligentcio . com