Techno Moon

Mr. Abhishek Srinivasan Online banking has revolutionized the way we manage our finances. It offers unparalleled convenience compared to traditional banking, with features like one-click payments, instant transactions, and potentially higher interest rates. Mobile apps have further revolutionized online banking, making it even faster, more accessible, and personalized, often with attractive features and a user-friendly experience. The adoption of online banking is especially high among the new generation, who are tech-savvy and prefer the convenience of online banking over traditional methods. However, cybersecurity threats remain a concern for any digital platform. According to Forrester’s Consumer Asia Pacific Survey 2023, 87% of Indians prefer to do all their banking on a smartphone. This statistic highlights the growing importance of mobile banking apps, but it also emphasizes the need to stay vigilant, protect financial data, and ensure safe online transactions.[1]  Is Onli...

The modern enterprise landscape thrives on interconnectedness. The evolution of a digital-first ecosystem relies on applications that exchange data seamlessly, powering everything from customer experiences to core business operations. API is the core component that facilitates this exchange of information between various kinds of software and applications. Whether it’s IoT devices communicating with mobile devices, transmitting real-time updates, or e-commerce websites communicating client orders to back-end CMS, APIs facilitate this seamless information transaction. However, due to these capabilities, APIs also open up a world of possibilities and innovation across industries, introducing a new security frontier: API security . APIs are exposed to vulnerabilities and substantially increase the attack surface. Broken authentication, authorization flaws, and a lack of robust security measures can expose sensitive data and leave organizations vulnerable to attacks. Recent studies show th...