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Wallarm for Fintech and Financial Services

APIs are transforming the financial sector, reducing IT complexity, enabling agility & partners, and driving innovation. But with this revolution comes the need to comply with regulatory requirements, safeguard sensitive customer, partner & institutional data, and protect internal operations – at scale. Wallarm delivers the full-spectrum API security needed to deliver on those obligations.

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API Security Challenges for the Financial Sector

Protecting APIs and web applications is crucial for the financial sector, from the traditional organizations (e.g., banks, investment firms and insurance brokers) to the digital natives (e.g., neobanks and fintechs).

Growing Attack Surface

According to McKinsey, banks plan to rapidly increase use of APIs – including internal APIs (73% of total by 2025, up 2x from 2020), partner APIs (19% of total, up 2x from 2020) and public APIs (8% of total, up 3x from 2020) – which will have a significant impact on their cybersecurity posture. While APIs can enhance operational efficiency and provide new revenue streams, they can also introduce new security risks.

Regulatory Compliance

Complying with various industry standards and regulatory requirements has a significant impact on API security needs in the financial sector. These standards and regulations – which include data privacy regulations such as GDPR and CCPA, and financial regulatory requirements from the SEC, NY DFS, FFIEC, Open Banking, PSD2, etc. – typically have specific requirements related to data protection, incident response, access controls, and other security practices.

PCI Standards

Most PCI DSS requirements impact the use of APIs in the financial sector, from maintaining a secure network and a vulnerability management program to implementing strong access control measures and regularly monitoring / testing networks. In addition, PCI has transitioned away from PA-DSS to the PCI Software Security Framework (SSF), which will evaluate APIs against the Secure Software Lifecycle (Secure SLC) and Secure Software Standards, including the new Security Requirements Module for Web Software.

Address Your Web App & APIs Challenges Today

Wallarm Integrated App and API Security delivers best-in-class API Security and WAAP (Next-Gen WAF) capabilities to protect your entire cloud-native and legacy application portfolio, covering all environments, API protocols, and usage scenarios including public, internal, and partner APIs.

Advanced API Security

Discover all your APIs, including Shadow APIs, Rogue APIs, Zombie APIs, and deprecated endpoints—so you can improve control of your attack surface and reduce risk.

API Discovery

Regain control and reduce risk across your entire portfolio by inventorying, tracking and correcting issues based on actual user traffic, and gaining visibility into sensitive data flows (PII, financial data, credentials and more) to ensure compliance with applicable regulations / standards and reduce risk of improper exposure.

API Leaks Management

Comprehensive answer to the recent surge in hacks involving leaked API Keys and other API secrets. It enables automatic discovery of leaked API keys and secrets, implementation of controls to block their use, and protection against any follow-on attacks.

Cloud-Native WAAP

Wallarm provides web application and API protection (WAAP) in any environment — all via one integrated platform. Get full coverage protection against OWASP Top 10 risks and other emerging threats: account takeover (ATO), malicious bots, L7 DDoS, and exploitation of 0-day vulnerabilities.

World-Class Services and Support

Wallarm provides ongoing security and technical support to all subscribed customers – to ensure your API security program is performing optimally and staying ahead of the constantly evolving threat landscape.

Get started with Wallarm API Protection today.

Hundreds of Security and DevOps teams choose Wallarm to get unique visibility into malicious traffic, robust protection across the whole API portfolio, and automated incident response for product security programs.


Enterprise customers


Integrations and platforms


Protected apps and APIs

With Wallarm, we've been able to scale API protection to the scale we need and manage with our infrastructure as code approach.


APIs and apps protected

Gustavo Ogawa, Head of Security at Rappi

Wallarm is the leader in both API Security And WAAP categories

One Platform, Two Leading Solutions. Don't just take it from us. Read what security leaders and practitioners think about our platform.

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"Application Security Umbrella for your company"
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Ensure compliance regulations

Wallarm protects websites, APIs and microservices from OWASP Top 10, bots and application abuse with no manual rule configuration and ultra-low false positives.

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Protect both legacy and most modern apps

Get a robust security layer for both apps that are actively developed as well as some of the oldest apps that sometimes even not possible to patch.

Get better security controls

Replace incumbent web application firewall (WAF) to achieve advanced security controls and visibility and fewer maintenance issues.

Best Solutions for Fintech Industry

Wallarm is pleased to be recognized as one of the world’s most innovative cybertech companies for financial services in recognition of our commitment to providing unparalleled API security products and services used to protect financial customers, organizations and data.

CyberTech 100 2022 Badge
CyberTech 100 2023 Badge
Wallarm API Security Platform User Ratings
Rating: 8.9
Ease if Use
Rating: 9.4
Quality of Support
Rating: 8.6
Ease of Setup

Ready to protect your APIs?

Wallarm helps you develop fast and stay secure.