Hackers used Facebooks developer APIs to breach personal data of around 50 million users in 2018 while the SnapChat attack in 2014 was also on account of unsecured APIs. API vulnerabilities have led to cyberattacks that have impacted many big business enterprises in a big way in the last few years. A company should have a clear understanding of the nature and size of attacks that could happen via API as well. It has to be ensured that only legitimate users access APIs in an enterprise network.”]
Source: https://hackercombat.com/why-api-security-is-important-for-organizations-today/