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Wib Raises $16 Million Investment to Accelerate Growth and Tackle Rising API Security Problem

API security is one of the biggest challenges facing CIOs today. Traditional API security solutions are siloed and fragmented, leaving CIOs with a choice of multiple point products or bolt-on integrations to create a patchworked solution. This results in increased cost and complexity, reduced visibility and control, and greater exposure to risk. API security is one of the biggest challenges facing CIOs today. Traditional API security solutions are siloed and fragmented, leaving CIOs with a...
TEL AVIV, Israel, (informazione.news - comunicati stampa - scienza e tecnologia)

API security is one of the biggest challenges facing CIOs today. Traditional API security solutions are siloed and fragmented, leaving CIOs with a choice of multiple point products or bolt-on integrations to create a patchworked solution. This results in increased cost and complexity, reduced visibility and control, and greater exposure to risk.

Wib's holistic API security platform is the only solution to provide complete visibility across the entire API landscape, from code to production, helping unify software developers, cyber defenders, and CIOs around a single holistic view of their complete API domain. By delivering rigorous real-time inspection, management, and control at every stage of the API lifecycle, Wib can automate inventory and API change management; identify rogue, zombie and shadow APIs and analyse business risk and impact, helping organisations to reduce and harden their API attack surface.

"APIs have become the Achilles heel of cyber defenses and the number one threat vector for cyber-attacks," stated Gil Don , CEO and Co-Founder of Wib. "APIs account for 91% of today's internet traffic with over 50% being invisible to business IT and security teams. These unknown, unmanaged, and unsecured APIs are creating massive blind spots for CIOs that expose critical business logic vulnerabilities and increase risk.

"What's more, traditional and legacy web security approaches, like WAFs and API Gateways, were never designed to protect against modern logic-based vulnerabilities. The Wib platform has been purposely built for an API driven world creating a new category of API native security."

A recent report by industry research firm GigaOm, placed Wib as a "fast mover" in the "leaders" category, stating, and Wib was also called out for its capability in  The report ranks Wib's API Runtime Protection, Monitoring and Reporting as exceptional in its focus and execution. This is a real testament to the Wib's innovative API security platform and approach.

Wib is pioneering a new era in API security with its industry holistic API security platform. Providing continuous and complete visibility and control across the entire API ecosystem, Wib enables developers to code with confidence and security teams to secure with surety.

Wib's elite team of developers, attackers, defenders and seasoned cybersecurity professionals draw on real-world experience and expertise to help define and develop innovative technology solutions that enable customers with the identity, inventory and integrity of every API, wherever it may be within the development lifecycle, without compromising development or stifling innovation.

Wib is Headquartered in Tel Aviv, Israel with international presence in Houston , USA and London, UK . It was founded in August 2021 by serial entrepreneur Gil Don (CEO), Ran Ohayon (CRO) and Tal Steinherz who previously served as the CTO of Israel's national cyber directorate.

Logo - https://mma.prnewswire.com/media/1938360/Wib_Logo.jpg

Nazli Ekim 
Zonic Group 
nekim@zonicgroup.com 
+44 (0)7384 220223 
+1 (917) 355-9650

Mark Waite
Cohesive Communications
markw@wearecohesive.com 
+44 (0)7774 265444

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