The $10.5 Trillion Backdoor: Why Poor API Security Is a Goldmine for Hackers

Join us on Friday, March 14th, 2025, at 12 PM EST for an eye-opening episode of Tech Behind FinTech. APIs are the backbone of modern FinTech, connecting apps, processing transactions, and managing sensitive financial data. But with 75% of applications containing security flaws and cybercrime costs expected to surpass $10.5 trillion annually, weak API security is leaving the door wide open for hackers.
In this episode, we will break down how cybercriminals exploit APIs, why most FinTechs are vulnerable, and what companies must do now to close the backdoor before it’s too late.
🔍 What You’ll Learn:
✅ The API Security Crisis – How financial data leaks are fueling cybercrime at an unprecedented scale.
✅ Common API Vulnerabilities – The biggest security flaws putting FinTechs at risk.
✅ How Hackers Exploit Weak APIs – Real-world tactics cybercriminals use to breach financial systems.
✅ Closing the Backdoor – Practical security measures every FinTech should implement today.

🚨 Whether you’re a FinTech executive, developer, or cybersecurity professional, this episode is a must-watch to protect your company from API-driven breaches and financial losses.

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