As the automotive and smart mobility industries have become increasingly reliant on APIs, they have also become more vulnerable to attack. According to a report by Upstream Security, the number of API-based incidents in the automotive and smart mobility industries increased by 380% from 2021 to 2022, and APIs accounted for 12% of all cyber incidents in 2022, up from only 2% in 2021. The majority of these incidents are caused by malicious actors, and they can have a significant impact on both data and revenue. In order to protect against these attacks, it is important for companies to understand the risks associated with their APIs and take steps to mitigate them. One way to do this is by using an API management platform, which can help to secure and monitor APIs. Additionally, companies should consider implementing measures such as rate limiting, authentication, and authorization to further protect their APIs. By taking these steps, companies can help to ensure that their APIs are secure and their data is protected.
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