Latest news with #IvanNovikov
Yahoo
05-08-2025
- Business
- Yahoo
Wallarm Unveils Industry-First Revenue Protection for APIs, Providing CISOs with Unparalleled Visibility Into Revenue Protected
Powerful, new capability prevents risk and drives growth by quantifying how attacks impact revenue, disrupting attacker economics, and demonstrating financial ROI SAN FRANCISCO, Aug. 5, 2025 /PRNewswire/ -- Wallarm, the leading provider of API and AI security, broke new ground today with the introduction of the industry's first-ever API Revenue Protection capability, setting a new standard for aligning API security with business impact. Delivered as a set of integrated features in the Wallarm platform, this new capability empowers CISOs to become strategic business partners by quantifying how attacks impact revenue, disrupting attacker economics, and demonstrating financial ROI. From AI-generated abuse to account takeovers and business logic exploits, API threats are evolving faster than signatures can keep up. At the same time, organizations rely on digital revenues enabled through APIs, such as payment processing and partner integrations. Downtime or compromise of these API endpoints can result in immediate, costly consequences. "APIs aren't just a technical surface anymore. They are business engines," said Ivan Novikov, CEO of Wallarm. "This release gives security teams a tool that goes beyond threat and provides visibility into business value—and acts fast enough to protect growth, not just prevent risk." Powered by agentic AI and transaction-aware telemetry to track revenue flows and shut down fraud in-session before attackers win, Wallarm's new capability ensures continuous availability through protection of revenue-generating APIs, shielding them from the most sophisticated threats while providing visibility into the actual dollars at risk and protected. Key features and benefits include: Automated Identification of Revenue-Critical APIs: Automatically detects which APIs contribute to revenue based on traffic patterns, monetization logic, and integration context. Transaction-Aware Revenue Attribution: Extracts revenue amounts directly from API transactions, such as order values, subscription events, or payment confirmations, to provide real-time financial insight using the actual revenue flowing through APIs. Advanced Threat Protection for High-Value Endpoints: Delivers effective, real-time mitigation of attacks, protecting revenue-generating APIs from OWASP Business Logic Abuse Top 10, account takeover (ATO) attacks, data scraping and credential stuffing, agentic AI-driven attacks, and business logic anomalies that can lead to fraud or service abuse. Business Context-Aware Detection and Response: Adapts in real time to evolving threat patterns while maintaining API availability and user experience by analyzing the full business logic and transaction flows behind each API. Purpose-Built Revenue Protection Dashboard: Quantifies protected revenue, highlights attack trends targeting monetized APIs, and helps security leaders communicate their value to executive stakeholders. Security teams can now quantify how much revenue has been protected and shift the conversation from reactive risk mitigation to proactive value creation. For digital-first enterprises, they can now measure a new security metric: Revenue Secured Per Dollar Spent. Wallarm's Revenue Protection for APIs will be demonstrated at Black Hat USA 2025 in Las Vegas, is available for Early Access, and will be generally available in the second half of 2025. For more information, visit About WallarmWallarm is the only unified platform for API and agentic AI security successfully deployed in enterprise production environments. With Wallarm, customers receive the fastest, easiest, and most effective way to stop API attacks. Period. Organizations choose Wallarm to protect their APIs and AI agents because the platform delivers a complete inventory of APIs, real-time blocking, and patented AI/ML-based abuse detection. Wallarm is headquartered in San Francisco, California, and is backed by Toba Capital, Y Сombinator, Partech, and other investors. Media Contact:Michelle KearneyHi-Touch PR443-857-9468kearney@ View original content to download multimedia: SOURCE Wallarm Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Channel Post MEA
08-05-2025
- Business
- Channel Post MEA
CyberKnight & Wallarm Form Value-Added Distribution Partnership At GISEC 2025
CyberKnight and Wallarm have formed a strategic value-added distribution partnership to enable enterprises and government entities across META to strengthen risk management, streamline compliance, and protect critical infrastructure. Announced at GISEC 2025 in Dubai at the CyberKnight stand, this collaboration enables Wallarm to leverage CyberKnight's regional reach, deep-rooted customer and partner base as well as Zero Trust Security expertise. With Wallarm, customers receive the fastest, easiest, and most effective way to stop API attacks. Wallarm's technology empowers organizations to map and safeguard their entire API landscape, including those driving AI-powered services, through automated risk analysis and patented threat detection. Wallarm is the only API security platform that blocks 0-day attacks in real-time. In addition, Wallarm offers the easiest API security platform to deploy across hybrid environments. According to MarketsandMarkets, the global API security market is projected to surge from $744 million in 2023 to $3.03 billion by 2028, growing at a remarkable CAGR of 32.5%. This rapid expansion is driven by escalating API breaches and the relentless growth of application ecosystems. As organizations increasingly adopt AI-powered agents; market research also forecasts robust double-digit growth for AI security, calling attention to the urgency for advanced protection in this evolving ecosystem. 'APIs are now the backbone of digital innovation, but they also represent a rapidly expanding attack surface that adversaries are quick to exploit' said Ivan Novikov, CEO and Co-Founder, at Wallarm. 'At Wallarm, we see AI as a transformative ally, enabling us to detect and block threats in real time, even as attackers evolve their tactics. Our partnership with CyberKnight is about empowering organizations to stay ahead of these threats, securing everything from legacy systems to the latest AI-powered agents.' 'APIs are not just part of the attack surface — they are the attack surface. From legacy system exposures to AI-native risks, attackers are increasingly targeting APIs as both the entry point and objective. The partnership with Wallarm is a pivotal step in our mission to deliver cutting-edge API powered by AI and support our customers. Together, we are equipping organizations across the region with the tools and expertise needed to secure their expanding digital ecosystems and stay ahead of emerging threats.', added Wael Jaber, Chief Strategy Officer, at CyberKnight. 0 0
TECHx
07-05-2025
- Business
- TECHx
CyberKnight, Wallarm Partner to Strengthen API Security
Home » Tech Value Chain » Distributors » CyberKnight, Wallarm Partner to Strengthen API Security in META According to MarketsandMarkets, the global API security market is projected to grow from $744 million in 2023 to $3.03 billion by 2028. This reflects a strong CAGR of 32.5%. The surge is due to rising API breaches and the growing complexity of application ecosystems. Organizations are also rapidly adopting AI-powered agents. As a result, demand for advanced AI security is rising. The need for modern, automated protection tools is more urgent than ever. To meet this need, CyberKnight and Wallarm have announced a strategic value-added distribution partnership. The announcement was made at GISEC 2025 in Dubai at the CyberKnight stand. The partnership targets enterprises and government entities across META. Wallarm will now benefit from CyberKnight's regional reach and Zero Trust Security expertise. CyberKnight brings strong customer relationships and a deep partner ecosystem. This move aims to help customers improve risk management and compliance, and protect digital infrastructure. Wallarm delivers a fast and effective way to stop API attacks. It enables organizations to map and secure their full API landscape. This includes APIs driving AI services. Wallarm uses automated risk analysis and patented threat detection. It is also the only API security platform that blocks 0-day attacks in real time. Moreover, it is easy to deploy across hybrid environments. This simplifies adoption for enterprises with complex setups. Key benefits of Wallarm's API security platform include: Real-time protection against known and unknown threats Automated analysis of API traffic and risk Fast deployment in hybrid and cloud-native environments Ivan Novikov, CEO and Co-Founder at Wallarm, said APIs are now central to digital innovation. However, they also expand the attack surface. He noted that attackers evolve quickly, but AI helps Wallarm detect and block threats in real time. He added that the partnership with CyberKnight helps protect legacy and AI-powered systems alike. Wael Jaber, Chief Strategy Officer at CyberKnight, stated that APIs are now the main attack surface. He highlighted growing threats from both legacy vulnerabilities and AI-native risks. The partnership with Wallarm supports CyberKnight's goal of delivering AI-powered API security and helping organizations secure their digital ecosystems. The API security market is expanding rapidly. With this partnership, CyberKnight and Wallarm are aiming to provide the region with the tools needed to stay ahead of evolving threats.
Yahoo
19-02-2025
- Business
- Yahoo
Wallarm Introduces Industry-First Penetration Testing Service for Agentic AI Systems
SAN FRANCISCO, Feb. 19, 2025 /PRNewswire/ -- Wallarm, the leader in API and AI security solutions, is pleased to announce a groundbreaking offer for the enterprise security community: penetration testing for Agentic AI systems. This industry-first offer is designed to help organizations assess and secure their AI-driven systems from emerging threats. As enterprises increasingly turn to Agentic AI — advanced AI systems capable of autonomous decision-making, continuous learning, and sophisticated action-taking — concerns about security vulnerabilities in these complex systems are mounting. In fact, Wallarm's recent API ThreatStats report demonstrated that 57% of AI powered APIs are available externally, and 89% relied on insecure authentication methods, such as static keys. Wallarm's penetration testing service focuses on key attack vectors like jailbreaking, injections, and other security threats that can compromise the integrity and performance of Agentic AI. The service, powered by Wallarm's advanced cybersecurity analysts, provides businesses with a detailed report highlighting vulnerabilities and offering insights into how to safeguard these cutting-edge technologies. By leveraging Wallarm's expertise in API security, companies can ensure that their Agentic AI systems remain secure in an increasingly connected world. "We're seeing an unprecedented rise in the use of Agentic AI to automate decision-making and optimize workflows across industries, but with that comes a significant challenge: security," said Ivan Novikov, CEO and Co-Founder at Wallarm. "Agentic AI systems, with their autonomy and advanced capabilities, are connected by APIs that serve as potential entry points for malicious actors. This penetration testing service is designed to help CISOs and CIOs proactively secure their enterprise systems and protect against vulnerabilities before they can be exploited." With AI agents becoming a cornerstone of enterprise operations, Wallarm's service is a timely initiative to help organizations understand and mitigate the unique security challenges of this new frontier in AI technology. How to Learn MoreInterested parties can request a free Agentic AI penetration test by following the link below and submitting a request. Wallarm's security experts will then conduct a thorough analysis of the AI system's vulnerabilities and provide a detailed report with actionable recommendations. For more information, please visit About WallarmWallarm is the API security platform that is the fastest, easiest, and most effective way to stop API attacks. Customers choose Wallarm to protect their APIs and AI agents because the platform delivers a complete inventory of APIs, patented AI/ML-based abuse detection, real-time blocking, and an API SOC-as-a-service. Wallarm is headquartered in San Francisco, California, and is backed by Toba Capital, Y Сombinator, Partech, and other investors. Media Contact:Michelle KearneyHi-Touch PR443-857-9468kearney@ View original content to download multimedia: SOURCE Wallarm Sign in to access your portfolio
