PARIS--(BUSINESS WIRE)--To protect global organizations against ever-increasing security threats, Axway (Paris:AXW) (Euronext: AXW.PA) a catalyst for digital transformation, today announced a global partnership with Elastic Beam, an innovative Silicon Valley-based company that uses artificial intelligence (AI) algorithms to protect APIs. Together, Axway and Elastic Beam will help organizations achieve optimal security and ecosystem engagement by leveraging an AI engine, integrated with Axway API Gateway, that automatically detects and blocks new attacks on APIs. The Elastic Beam integration leverages pre-configured Axway API Gateway policy available through Axway Marketplace that enables customers full control over their environment. The solution will be featured at APIdays Paris. APIs are an essential element for modernizing IT infrastructures and represent a new attack surface that is increasingly targeted by hackers to take over accounts, steal critical consumer and business data, delete important information, commit fraud and conduct other harmful activity, including DDoS attacks on APIs.

Security startup Elastic Beam launched its flagship product, an artificial-intelligence powered software platform that blocks attacks on application programming interfaces (APIs). Eighty-eight percent of enterprises use APIs in their business. They drive revenue and improve speed-to-market, according to a CA Technologies report. For these and other reasons, more companies are deploying APIs in mobile, Internet of Things (IoT), and hybrid cloud environments. APIs also represent a security risk because they make it easier for hackers to reach into business applications, systems, and databases.