• The Software Bill of Materials (SBOM) is an increasingly important aspect of cyber security and software supply chain management
• The NTIA defines the minimum elements of an SBOM, which provide a foundation to manage risks, vulnerabilities and compliance requirements
• Maintaining an up-to-date API inventory is a crucial part of creating an SBOM, offering several key benefits (CSMD)
• API sprawl is a common challenge, which organizations need to address with effective API governance, monitoring and version control
• An up-to-date API inventory and version control reduces the risk of unauthorized access and Account Takeover (ATO)
• The importance of SBOM in managing software supply chain risks will only grow with government directives such as Executive Order (EO) 14028
• Future developments to SBOM standards, guidelines and best practices will likely include the integration of API inventory management
• By embracing SBOM and integrating robust API inventory practices, organizations can better secure their software systems and mitigate vulnerabilities
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