By Tom Kellermann, SVP Cyber Strategy, Contrast Security
November 15, 2023
Contrast Security’s 2023 Cyber Bank Heists report showed that hackers and cybercrime cartels from Russia, North Korea and China have mastered the growing complexity of attack surfaces and are hiding behind that complexity to hijack application programming interfaces (APIs) and to launch attacks against customers.
According to the report, 50% of financial institutions have experienced attacks against their APIs. Attackers love to exploit vulnerability-plagued applications and APIs, which enable them to drill holes that they can crawl through to get at your data. APIs can also be used to island hop, which occurs when an adversary hijacks an organization’s digital transformation and uses it to launch attacks against their customers and partners. To protect against this threat, you need observability.
Most Chief Information Security Officers (CISOs) are unaware when their organization’s applications or APIs are under attack. For that matter, most CISOs might not know if they’ve already been attacked, which leaves a brand open to exploitation by hackers coming after an organization, its customers, its suppliers and its partners.
The reality is, adversaries get into systems primarily through application and API attacks. They manage to stay in those systems and move laterally primarily because Extended Detection and Response (XDR) platforms don’t provide visibility into the application layer. The blind spot has been observability into whether applications are vulnerable, or whether they’re in the process of being poisoned and used to launch supply chain attacks. Frankly, defenders could never see below the waterline: This is why dynamic attack-path mapping of applications is critical.
Many, if not most, security practitioners have been unable to see the weaknesses their apps carry, can’t map out the intricate tendrils of the connections they make and don’t have the ability to detect the threats in the murky waters through which they swim. As it is, according to the 2022 Cloud-Native Cloud Security report, 97% of companies experience observability challenges with cloud-based applications. Among other problems, those challenges include:
That’s why I was thrilled when Contrast previewed new security observability that improves organizations’ visibility into their most critical applications and APIs.
Runtime Application Security Observability provides a digital security blueprint that shows how applications work, including the attack surface and how each route invokes security mechanisms, uses dangerous functions and makes back-end connections.
As demonstrated at Black Hat in August, Contrast Security Observability will bring application attack-path mapping that shows exactly how apps are being abused or misused, answering questions such as:
This always-on attack-path mapping feature will be available in initial releases of Security Observability starting immediately, initially with limited mapping of internal-only microservices. General Availability, slated for early 2024, in January or February, will bring full attack-path mapping. When it arrives, it will deliver continuous monitoring and deep insights based on actual application behavior. By creating a security blueprint of how the application behaves — including attack surface, security mechanisms, dangerous methods and backend connections — security teams will gain ground truth.
The capability will empower security teams with enhanced Application Security (AppSec) observability, transforming security assessments with accurate runtime insights into application architecture and software composition. This visibility is of utmost importance to threat hunters, pen testers, CISOs and incident responders. Situational awareness is paramount when it comes to providing visibility into when an application can be poisoned, whether it already has been poisoned or if it’s being used against you.
Contrast Security Observability provides these unique capabilities:
Contrast’s new Cybersecurity Observability will provide the visibility and insights needed to protect against cyber threats in an evolving threat landscape. In 2023, understanding behavioral anomalies of applications is paramount. With Contrast Security Observability, it’s now possible to “observe” what lurks below the waterline.
Click here to read more about how to illuminate your AppSec with Security Observability.
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