Traceable Named a Leader in the 2023 GigaOm Radar for API Security, Again!

Traceable has, once again, been named a leader in the GigaOm Radar for API Security! We are thrilled to be recognized for our unwavering commitment to innovation, providing the industry’s top-tier solution for API security. API security has emerged as a paramount concern for businesses and organizations worldwide. As the digital landscape continues to expand, the need for powerful and scalable API security solutions becomes increasingly evident. It is in this context that we proudly announce that Traceable has been recognized as a leader in the 2023 GigaOm Radar for API Security.

Understanding the Significance

Before delving into the specifics of the report, it's essential to understand the significance of the GigaOm Radar. GigaOm is a reputable research and analysis firm that offers insights into the tech industry's emerging trends. Their radar reports are comprehensive evaluations of specific technology sectors, providing a clear picture of the industry's leaders, challengers, and innovators. Being named a leader in such a report is a testament to a company's commitment, innovation, and excellence in its domain.

Why Traceable Truly Stands Out in API Security

In the vast and intricate realm of API security, several solutions promise to deliver robust protection. However, Traceable's approach to API security is distinct, setting it apart from the rest, offering a robust suite within the platform that caters to both local and cloud-based needs. Here's a more detailed look at the factors that make Traceable stand out from other API Security vendors:

1. Flexible Deployment Options: Traceable's API security platform can be availed either as a local solution or a cloud-based service, providing flexibility to businesses based on their specific requirements.
2. Holistic Solution: The platform boasts a comprehensive set of features, including API Risk Posture Management, Vulnerability Management, Attack Protection, and Threat Hunting. This ensures that businesses are equipped to handle a wide range of API security challenges.
3. Support for Multiple Protocols: Traceable is versatile, supporting a range of protocols like SOAP, REST, GraphQL, and gRPC, making it adaptable to various business setups.
4. Intelligent API Management: The solution excels in API management, combining auto-discovery with custom input capabilities. All APIs are cataloged, including known and unknown, shadow, rogue and zombie APIs, allowing security teams to gain a clear view of their API landscape and attack surface. Moreover, each API endpoint undergoes a risk assessment, categorized based on multiple attributes.
5. Monitoring and Drift Detection: A unique feature of Traceable is its ability to compare API definitions with actual usage patterns. This helps in identifying any drifts and ensuring that APIs remain secure against evolving threats.
6. Deep Monitoring Capabilities: Unlike many tools and solutions in the market, Traceable offers in-depth data exfiltration monitoring. This feature goes beyond the surface-level analysis, delving deep into data flows and patterns to identify potential unauthorized data transfers. By proactively monitoring and analyzing data movements, Traceable ensures that businesses can detect and prevent any malicious or unintended data leaks, providing an added layer of security and peace of mind.
7. Enhanced Security Testing: Beyond real-time protection, the platform provides active security testing and passive vulnerability detection, seamlessly integrating with existing development tools.
8. In-house Deployment Advantage: For businesses operating in stringent regulatory environments or facing aggressive competitive intelligence threats, Traceable’s capability to be deployed entirely within a corporate network is a significant advantage.
9. Dual Protection Mechanism: Traceable employs a dual approach to runtime protection. While policy-based measures tackle known threats, its AI and machine learning capabilities monitor for unusual patterns, potentially indicating new, unidentified threats.
10. Focus on Runtime Analysis: The platform specializes in runtime analysis and protection. However, for static scanning of API sources, integrations with other products are necessary.

Key Strengths: Traceable stands out for its comprehensive discovery and protection capabilities, surpassing competitors in the market. Its API cataloging and threat-hunting features further solidify its position as a top-tier solution in the API security domain.

The Analyst’s Take on the API Security Landscape

The swift rise of API integration, complemented by innovative development methods like microservices, has ushered the API security market into a dynamic phase. Vendors across the spectrum are aiming to fortify APIs, but their methodologies differ. This divergence offers customers a wide array of choices but also introduces an element of uncertainty, as not all solutions might stand the test of time.The wise approach in this evolving landscape? Prioritize holistic solutions. The most adept products in the domain offer a blend of discovery, static analysis, dynamic testing, and protection. While some might specialize in niche areas, it's essential to consider how these tools integrate with pre-existing security systems. Notably, many API security tools might bypass source code scanning—typically a domain of developer security tools—but they often focus on API definitions, an area not conventionally addressed by SAST scanners.As the market continues to mature, distinguishing between dedicated API security tools and broader application security offerings becomes crucial. For those just stepping into application and API security, comprehensive solutions catering to both realms might be more fitting.A prevailing trend indicates that many organizations are in the exploration phase, scouting for tools that can identify and catalog their API assets. For those on this trajectory, it's advisable to seek solutions that extend beyond merely documenting known APIs, emphasizing the detection of concealed or shadow APIs.In summary, as the contours of the API security landscape shift, making well-informed decisions tailored to an organization's distinct requirements and existing infrastructure becomes increasingly vital.

The Bottom Line

Our recent recognition as a leader in the GigaOm Radar for API Security is not just an accolade but a testament to our dedication to safeguarding businesses in an interconnected world. With features that go beyond the conventional, such as our deep monitoring capabilities, we are committed to staying ahead of the curve, ensuring that our clients are always equipped with the best defense mechanisms. As we continue to innovate and evolve, our mission remains clear: to provide unparalleled API security solutions that empower businesses to thrive in a digital landscape with confidence and peace of mind. Thank you for trusting Traceable. The future is not just digital; it's secure.

About Traceable

Traceable is the industry’s leading API Security company that helps organizations achieve API protection in a cloud-first, API-driven world. With an API Data Lake at the core of the platform, Traceable is the only intelligent and context-aware solution that powers complete API security – security posture management, threat protection and threat management across the entire Software Development Lifecycle – enabling organizations to minimize risk and maximize the value that APIs bring to their customers. To learn more about how API security can help your business, book a demo with a security expert.