Tackling security challenges in event-driven architectures

Event-driven architectures, expected to be adopted by 60% of new digital solutions by 2025, present unique security challenges, especially for financial services which are at higher risk of data breaches compared to other sectors. Tyk Streams offers a solution for managing these architectures securely by simplifying the handling of asynchronous APIs and event brokers with trusted API management principles. It enables the creation of special-purpose HTTP API endpoints for events, secures event broker interactions as systems scale, and unifies event streams from multiple sources into a single, secure stream. By using Tyk Streams, businesses can efficiently detect and prevent fraudulent activities in real time, reducing the risk of financial losses and reputational damage, while also offering robust security governance and easy protocol mediation. Tyk’s platform also facilitates seamless scaling and productization of APIs through its Developer Portal, providing a straightforward pathway for organizations to manage secure, event-driven architectures without complex custom solutions.