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There are other protections that a company can implement, he adds. “If the same account is used from five different countries, that can help you narrow down if there’s misuse going on,” he says. Track how APIs are usedįor added security, companies should track how the APIs are being used, says Peter Blum, VP of technology at Instart, a cloud security company. In fact, according to a report released last year by Akamai based on more than 400 million login requests, 30% of all API authentication attempts are fraudulent. That still leaves open the possibility that the credentials have been stolen, he says.

Salesforce also admitted that it had an API bug last summer, exposing the data of its Marketing Cloud customers.
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Not to be left out, last October, Google admitted that a bug in its Google Plus API exposed private data of up to 500,000 Google Plus user accounts. Then in December, Facebook admitted that a bug in its photo API affected up to 6.8 million users and 1,500 apps. Facebook CEO Mark Zuckerberg says that attackers had accessed the developer API. Last September, attackers accessed 50 million user profiles, forcing the company to shut down the “View As” feature that was at the core of the problem.

In some cases, developers make mistakes when setting up an API, and unauthorized parties can hijack it to access data. For example, the California Consumer Privacy Act (CCPA) will require companies to track these data flows, and allow individuals to delete their data. Companies will have to pay much closer attention to the businesses they share data with. Here the problem isn’t the API itself, but Facebook’s business decision to share too much user data with too many third parties. But the problem is that once a third party has collected the data, there’s often no way to get it back. “Security professionals need to get involved with the development of these APIs,” says Humberto Gauna, consultant at BTB Security.įacebook has recently suspended hundreds of apps and rolled out new rules restricting how developers can use the company’s APIs. In fact, 51% aren’t sure their security teams know about all the APIs that exist in the organization, and 45% aren’t confident in their ability to detect if a bad actor is accessing the APIs. According to a survey released late last year by Ping Identity, 60% of companies have more than 400 APIs, up from 46% a year earlier. APIs are a major security headache for many companies. “With 40 million active users, Venmo’s APIs are an unlocked front door to a treasure trove of insights.” “As a security issue, it also creates the opportunity for malicious actors to use this publicly available payment record for social engineering attacks,” he added.

Some transaction descriptions include details of illegal drug activity.ĭivorce attorneys and IRS auditors could also potentially make use of this information, says Keith Casey, API problem solver at Okta, an access management company. The available data includes names and transaction descriptions.
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Venmo made the data accessible by offering a public application programming interface (API) - that allows the public to download the data.
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This wasn’t a case of someone exploiting a vulnerability to hack into a system, or a company accidentally leaving a database in full public view. Last year, another researcher was able to download more than 200 million transactions. Earlier this summer, a computer science student was able to access information on seven million Venmo transactions, including the full names of people sending money through the platform.
