Ruishu Information won the 2021 Outstanding Contribution Award for New Technology Application Innovation in the Financial Industry

On December 29, the results of the "2021 12th Financial Technology Application Innovation Award" conducted by the "Financial Electronicization" magazine were officially announced. After three months of preliminary screening, preliminary evaluation by judges and expert review, Ruishu Information's "API Security Management Solution" won the "2021 Financial Industry New Technology Application Innovation Outstanding Contribution Award". This selection collected a total of 496 projects submitted by 235 institutions. Ruishu Information was able to stand out and win this honor, which shows that the financial industry fully recognizes its outstanding technological innovation capabilities and excellent application effects.

The purpose of this selection is to commend financial institutions and technology companies that have made outstanding contributions to financial technology innovation and business development in 2021. It includes award application, preliminary screening, expert review, award determination, award presentation and commendation. The review committee is composed of leaders of financial institutions such as the People's Bank of China, financial industry associations and societies, commercial banks, insurance companies and securities companies, and experts from research institutes and well-known universities who are concerned about the innovative development of the financial industry.

Ruishu API Security Management Solution (API BotDefender)

As the process of enterprise Internetization continues to deepen, more and more businesses are being migrated to the Internet. A large number of business interactions and external services have led to a large number of APIs being used by enterprises. At the same time, API abuse through legitimate accounts using Bots automation tools has become the mainstream of API attacks. Since such attacks are mostly logged in with legitimate identities, simulating normal operations and multi-source low-frequency requests, the security mechanisms provided by traditional API security gateways, such as identity authentication, permission control, rate limiting, and request content verification, are almost useless.

In view of the high deployment and maintenance costs of traditional API security gateways, and the inability to effectively protect against emerging threats from Bots automation tools, Ruishu Information has innovatively launched the API security management platform (API BotDefender), which aims to solve the various security risks and challenges faced by APIs and achieve API asset management, attack protection, sensitive data management and access behavior management. Ruishu API security management platform includes four modules: API asset management, attack protection, sensitive data management and access behavior management, providing a complete security management solution for API interfaces.

Core advantages of Ruishu API security management solution

Ruishu API security management platform (API BotDefender) implements full-process API security threat protection, and its security protection covers from API access clients to API servers.

• API multi-dimensional perception: Through JS, SDK, and traffic analysis, it integrates with various API source applications to perceive environmental information, API account information, etc.
• Fully automatic API discovery: quickly and automatically discover the API list and give clear identification for the discovered API; at the same time, it displays a clear API list, access status, etc. to achieve API asset management.
• Build API portraits: Use full-process security threat protection technology to accurately build API portraits and quickly preview the API status of each business, including usage, abnormal situations, access sources, etc.
• Dynamic response: Dynamic interception based on analysis results or specified conditions, increasing the difficulty of attack methods such as reverse detection or machine learning analysis.

The financial industry has experienced an evolution from the branch model to the APP model and then to the current API model. The application model of API is increasingly closely linked to business scenarios and ecosystems, but many new risks have also been introduced in the process of API application. The launch and application of Ruishu API Security Management Platform (API BotDefender) provides a new and effective path for API security protection in the financial industry. In the future, Ruishu Information will continue to help financial institutions proactively respond to emerging threats launched through API interfaces, and work with more customers to build an open, cooperative and win-win dynamic and secure financial service ecosystem.