Cyber security is a broad area, including several items such as network security and application security. If you are a CISO responsible for the cyber security budget, you know that proper protection is key. Cyber attacks can cost your business more than a million dollars, and that number is based on conservative estimates. The real cost of an attack includes damage to your reputation, future lost sales, and plummeting stock prices.
It can be challenging to juggle both application and network security and know how many of your resources you should devote to each program. Organizations often take an either/or approach, focusing more attention on either application security or network security. However, both are equally important for a comprehensive enterprise risk management strategy.
Attacks on applications aren’t going away. In fact, there was a 40 percent increase in attacks from August to September of this year. Enterprises must remain diligent, learning about the latest application security trends and developments.
Application security challenges lie not only in the threats and application vulnerabilities themselves, but also in the processes and approaches taken within the organization to manage application security. A closer look at some of the top application security challenges from both a threat standpoint and a business management view can help you avoid some of the most common pitfalls.