F5 (NASDAQ: FFIV) today announced enhancements to its application security portfolio at Agility, the company’s industry-leading event for architects, engineers, and developers focused on improving application security and performance. The new solutions highlight F5’s progressive approach to application security, enabling customers to deliver safe, frictionless, and modern digital experiences as consumers increasingly rely on applications for social interaction, healthcare, and even significant purchases such as real estate. In addition, these offerings bolster F5’s technology leadership position in combining multi-cloud application security and delivery with bot mitigation and anti-fraud capabilities to guard organizations and individuals from sophisticated threats.
Applications and digital experiences are the defining elements of today’s organizations, representing the most significant and pervasive way businesses connect with their customers. Particularly in an era that has seen a necessary de-prioritization of in-person or location-based commerce, consumer desire for continuously expanding app functionality has only heightened, with APIs being one of the quickest and most efficient means to add features to existing digital offerings. Simultaneously, the protection of customer data remains of utmost importance, even as many security teams struggle to keep pace with the required skills. The upcoming 2021 Application Protection Report from F5 Labs underscores this point, attributing more than two-thirds of API security incidents to incomplete authentication and authorization at API endpoints.
“APIs play an essential role in unlocking and extending the reach of digital experiences for organizations in every industry sector—a scenario that, unfortunately, also constitutes a larger attack surface for hackers,” said Haiyan Song, EVP of Security, F5. “Accordingly, we believe that the new epicenter for cybersecurity is around applications and APIs, and that the most significant challenge for security professionals is to safeguard an ever-growing number of digital experiences. To help today’s customers succeed, security must be native to applications and APIs, continuous, applied in real time, and powered by data and AI.”
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Source: F5 Networks Inc
Date: Apr 20, 2021
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