Riscosity – Secure and Manage API Data Flows Effortlessly
Anirban Banerjee, a business leader heavily reliant on third-party APIs, faced growing concerns over the security and management of sensitive data shared across APIs. The complexity of their API ecosystem exposed the organization to risks like data breaches, compliance challenges, and inefficient manual processes for data governance.
Customer Challenges
Before partnering with Bobcares, the customer faced several challenges:
- Lack of Visibility: Limited insight into data transmitted through third-party APIs, leading to potential data leaks.
- Compliance Issues: Difficulty in adhering to data governance regulations due to insufficient monitoring tools.
- Inefficient Processes: Manual intervention for redaction and remediation was error-prone and consumed significant resources.
- Expanding API Surface: Managing the growing number of APIs and ensuring their security proved increasingly complex.
Bobcares Solution
Bobcares deployed Riscosity, a no-code API management and security platform designed to monitor, identify, redact, and secure all third-party APIs. Our experts ensured seamless implementation while tailoring the platform to meet the customer’s specific needs. Leveraging advanced tools like Golang, Vue.js, PHP, Docker, and AWS infrastructure, Bobcares enabled the customer to:
- Gain comprehensive visibility into API data flows.
- Automate risk remediation and enhance compliance with privacy regulations.
- Implement robust data residency controls and privacy guardrails.
- Streamline API catalog management for improved data governance.
Key Aspects of the Solution
- Automated Monitoring and Redaction: Enabled real-time tracking and secure handling of sensitive data.
- Data Governance Automation: Reduced manual workload with automated compliance enforcement.
- Enhanced Scalability: Leveraged cloud-based technologies for seamless integration into the existing API infrastructure.
- Rapid Deployment: Delivered results in just weeks, ensuring minimal disruption to the customer’s operations.
Types of Tasks Handled
- API data leak identification and resolution.
- Implementation of automated privacy controls.
- Optimization of API catalog accuracy.
- Troubleshooting and resolving API integration errors.
Key Metrics Improved
After implementing Riscosity with Bobcares support, the customer achieved significant improvements:
80% Faster Identification
Reduced the time needed to detect API data leaks.
50% Reduction
Lowered time spent on manual API monitoring and remediation.
95% Compliance Enhancement
Improved adherence to data governance standards.
Enhanced API Catalog Accuracy
Increased visibility and control over API data flows.
Business Impact
Bobcares solution delivered measurable business benefits:
- Improved Data Security: Enhanced protection of sensitive customer and business data.
- Compliance Assurance: Achieved regulatory compliance with reduced effort.
- Operational Efficiency: Freed up resources for growth-oriented initiatives by automating time-intensive processes.
- Risk Mitigation: Lowered the likelihood of costly data breaches and compliance violations.
Implementation Timeline
- Deployment Time: Initial setup and integration completed in a few days.
- Results Timeline: Tangible improvements in API security and data visibility were observed within 2-3 weeks.
Products & Scalability
The customer utilized Riscosity’s core features, including API monitoring, automated risk remediation, and privacy guardrails. Built with Golang, Vue.js, PHP, Docker, and AWS, the platform supports high scalability and seamless integration, making it suitable for businesses of any size and industry. The solution is particularly beneficial for organizations in finance, healthcare, and retail with stringent compliance requirements.
Conclusion
Bobcares successfully empowered the customer to overcome their API security and management challenges by deploying Riscosity. With enhanced visibility, automated risk remediation, and improved compliance, the customer was able to secure their API ecosystem effectively. Businesses relying on third-party APIs can leverage Bobcares’ expertise and innovative solutions to transform their API infrastructure while reducing risks and driving growth.