This compliance brief explains how NYDFS 23 NYCRR 500 places strong emphasis on API security as part of mandatory cybersecurity programs for financial institutions. It maps regulatory requirements to practical API controls, including maintaining a complete inventory of internal and external APIs, identifying nonpublic information flows, and continuously assessing API risk posture. The regulation also requires strong access controls, detection of authorization abuse, behavioral monitoring for anomalous activity, secure logging for auditability, and rapid incident response within defined timelines. The brief highlights that continuous API discovery, posture governance, real-time threat detection, and integrated logging are essential to meeting NYDFS expectations and protecting sensitive fina

Join for free to read