Noname Security, the complete proactive
API security platform, has been chosen by Tonik – the Philippines’ first
neobank to help safeguard a critical component of its digital platform as it
seeks to address new retail lending opportunities in Southeast Asia.
Tonik has selected the Noname API Security Platform to ensure that
its digital efforts, which have accelerated during the pandemic, incorporate
robust cybersecurity measures that protect both the bank and its customers. According
to a report by research firm Gartner,
APIs will be the top attack vector for web applications in 2022.
To
address this, the Noname API Security Platform provides Tonik with the means to
validate the health of the APIs it uses. The neobank can now have a complete, real-time inventory and monitor active
APIs efficiently as well as discover and analyze legacy and dormant APIs. The
platform also enables the bank to actively test APIs before production so that
it can identify potential flaws in its software development lifecycle.
Noname Security was also chosen for its ease of use,
Software-as-a-Service (SaaS) licensing model, non-intrusiveness, and the
ability to integrate with the bank’s back-end workflow solution.
PK Lim, Vice President Sales Asia Pacific at Noname Security
“We
chose the Noname API Security Platform after a proof-of-value test and we are
happy that it meets our expectations of a top-notch API security solution,” said
Arivuvel Ramu, Group Chief Technology Officer of Tonik. “It is a priority for
us to ensure that APIs deliver the performance and security required for
compliance as well as a great digital experience for consumers.”
“We
are pleased that Tonik has placed its trust in our expertise and experience to
help secure an important component of their digital business,” said PK Lim, Vice President Sales Asia Pacific at Noname Security.
“With
automated and dynamic tests built into API development, enterprises like Tonik
can more effectively resolve any security issues before they take root,” he
noted.
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