Safeguarding Financial Health: Why CFOs Should Prioritize API Security

CFOs should prioritise Application Programming Interfaces (APIs) security to protect their organisation’s financial health. API security breaches can lead to significant financial repercussions such as regulatory fines, legal settlements, customer compensation and remediation costs. It can also result in reputational damage, loss of customer trust, operational disruption, and increased insurance costs. Proactively prioritising API security safeguards against immediate threats and positions the organisation for sustained growth in the digital future.