Noname Security is a simple and comprehensive API security platform that assists organizations in exploring, evaluating, mitigating, and examining entire current and legacy APIs. Enterprises ranked under the Fortune 500 trust Noname Security’s comprehensive API security approach. The platform established its main office in Palo Alto, California, in 2020. Cyberstarts, Lightspeed Venture Partners, and Insight Partners endorse the platform.

This blog explores Noname Security in-depth, covering its features and approach to API security. It also provides information on Noname Security’s crunchbase profile and pricing for this platform.

What is Noname Security?

Noname Security is a comprehensive API security technology that protects APIs throughout their existence. APIs, as part of the critical parts of modern applications, are more likely to face attacks and misconfiguration.

Noname Security is a company that uses a unique approach to API protection. The technology enables organizations to identify and correct API vulnerabilities, monitor real-time activity, and avoid possible attacks. Organizations in finance, healthcare, and technology industries widely use it, making it an effective option for complicated, large-scale context.

Features of Noname Security

Complete API Discovery

Noname Security allows visibility into all the APIs in the organization’s digital infrastructure, including managed and unmanaged APIs. It also locates discarded and shadow APIs for a comprehensive inventory.

Proactive Vulnerability Detection

The platform can identify security weaknesses, old API versions, and wrong configurations before malicious attackers can exploit them. To identify security weaknesses effectively and efficiently, it uses artificial intelligence in examining the API traffic. It also examines API usage to detect the different attack vectors and reduce the security risks instantly.

Real-Time Threat Protection

It supervises API Traffic in real time and identifies and blocks the abnormal behavior of APIs with behavioral analytics. Noname Security works accurately with SIEM systems and different firewalls and then offers fast responses in any instance of any incident.

Smooth Integration and Scalability

The platform enables security teams to construct different connection policies for Noname cloud connectors with a Fastly content delivery network. This establishes a new ability to enhance APIs for more efficient testing and more.

Noname Security’s Approach to API Security

Comprehensive Coverage

Noname Security maintains a comprehensive approach to maintaining API security, including handling security weaknesses, configuration control, and prioritization of remediation processes. It also targets real-time identification and mitigation of attacks.

Automated Remediation

The platform systematically maintains and updates various firewall rules and builds new policies in response to identified security threats, which helps streamline the API security process and mitigate the identified security threats.

Active Testing

Noname Security encourages careful testing of all the APIs in the organization’s infrastructure during the development stages to detect potential security weaknesses early on and avoid these issues from reaching the production environments.

Noname Security Crunchbase

Source: https://www.crunchbase.com/organization/noname-security

Noname Security offers a complete platform that allows runtime security threat protection to help organizations effectively secure the APIs.

Lightspeed Venture Partners headed the fundraising for this platform, holding a $25 million Series A session in December 2020 with assistance from Insight Partners and Cyberstarts. Later, in June 2021, the organization raised one more investment in the Series B session, amounting to $60 million, which increased its capital to $85 million.

In the month of December 2021, Noname Security closed one more funding session of Series C amounting to $135 million that directed Noname Security into uniform status with a valuation of $1 billion, with assistance from existing investors.

Noname Security Pricing

The platform’s pricing is flexible enough to reach small and large organizations. Organizations can get tailored pricing based on requirements such as the different types of features needed and the total number of APIs in their infrastructure. Organizations must contact their sales team directly from their official website for a personalized quote.

Akto.io: API Security Approach

Akto is an API Security platform that monitors API traffic, identifies new APIs, tests various security weaknesses, and detects exposed sensitive data. Organizations use Akto to manage their API inventories and detect misconfiguration.

Core Security Features of Akto.io

• Comprehensive Vulnerability Scanning: Akto regularly detects security weaknesses, including the OWASP API Security Top 10 vulnerabilities like injection attacks or broken object-level authorization (BOLA). It provides regular insights into the API to resolve the vulnerabilities effectively.

• Real-Time Monitoring and Anomaly Detection: It uses machine learning (ML) and artificial intelligence (AI) to manage API traffic in real-time, finding anomalies, possible threats, and breaches. This feature enhances response capabilities and reduces time-to-detection.

• Automated API Discovery: Akto regularly detects all the APIs within the environment, including zombie and shadow APIs. This removes the blind spots and reduces security risks, ensuring a complete inventory of APIs.

• Behavioral Analysis for Enhanced Security: Akto analyzes API behavior and user activities using machine learning (ML) models. This helps detect deviations from standard API patterns, enabling proactive remediation and risk detection.

• Compliance Support: Regular monitoring and detailed compliance reports ensure adherence to regulatory standards such as GDPR, PCI DSS, and HIPAA.

Noname vs. Akto.io: A Detailed Comparison

Let’s explore a comprehensive comparison between Noname and Akto.io, checking their capabilities, key features, and unique approaches to application security testing:

Final Thoughts

APIs are prone to security vulnerabilities in an organization’s system. If not correctly secured, malicious actors can compromise the API's entire workings and confidential data. Noname Security assists organizations in exploring, evaluating, mitigating, and examining all current and legacy APIs.

For organizations looking for a comprehensive API security platform must consider Akto. Akto mainly targets secure APIs with features like real-time identification of security weaknesses, automatic API scanning, and handling APIs. Its complete set of security tools and test library will best suit organizations that have API-driven environments.

Akto is a stable and efficient solution. Dive into the world of protecting APIs with Akto. Book a demo today to discover how Akto can protect the API ecosystem and enhance the organization’s security strategy.