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Shadow APIs and Weak Gateway Controls Elevate Fintech Risk, Finds Info-Tech Research Group

On Friday, Info-Tech Research Group reported that expanding fintech ecosystems face significant risks from shadow APIs and weak gateway controls, leaving critical integration points exposed.
Undocumented shadow APIs can outnumber known interfaces by as much as ten to one, according to Jon Nelson, principal advisory director at Info-Tech Research Group.
Adversaries increasingly leverage automation and AI-enabled discovery techniques to identify vulnerabilities, necessitating a comprehensive inventory of all APIs in production to ensure consistent governance and security.
In response, the firm released its blueprint, Improve Your API Processes to Secure Your Fintech Integrations, to help institutions move from fragmented management to a mature, security-first model.
Embedding structured API governance and modern gateway capabilities into their operating model allows banks to reduce exposure while enabling innovation at scale without compromising regulatory compliance or trust.

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Shadow APIs and Weak Gateway Controls Elevate Fintech Risk, Finds Info-Tech Research Group

With banks expanding fintech partnerships to deliver digital services at scale, externally facing APIs have become foundational to modern banking infrastructure. However, many institutions lack complete visibility into APIs in production or consistent enforcement through mature gateway controls. New insights…

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