Application security remains quite high, 67% have experienced an incident in the past year, 40% have 5.000 or more security vulnerabilities that need to be addressed, and that rate has quickly increased over the past 12 months.
The fast growth of digital capabilities opens up exciting new business prospects, but it also introduces new hazards that must be controlled. Understanding the cybersecurity implications of your company’s technology and building proper application security skills are essential to surviving and prospering in today’s technology-driven business climate.
To address exposures and strengthen Application protection, an organization may take four primary approaches. Here’s a breakdown of each phase and how it benefits a developing business. It can also assist a company in accomplishing the following four steps:
1. Review your COTS
COTS (Commercial-off-the-shelf) can be a terrific way to accelerate your company’s digital transformation, but security issues must be addressed ahead of time. A company might benefit from assessing its COTS as part of the security evaluation. Despite the fact that a third-party program isn’t intrinsically safe, a rigorous source-code analysis of the application can uncover numerous COTS security problems, despite the fact that this procedure takes time and resources. When attempting to resolve COTS security vulnerabilities, many firms have difficulty obtaining vendor authorization to examine the source code. Requesting the vendor’s secure development processes and vulnerability disclosure rules is a useful strategy. This might assist you figure out whether Application protection is built into the COTS provider’s development process or whether it was added afterwards.
2. Understand vendor vulnerabilities
It’s also crucial to know how the vendor handles vulnerability reporting and management. This approach can be aided by asking them the following questions:
● How do you notify customers about vulnerabilities discovered?
● How do you express the requirement for workarounds and patches?
Your company won’t be able to assess the issue’s potential effect or prioritise a response if a vendor fails to tell you about vulnerabilities in a timely manner. This puts your firm at greater danger.
3. Train your development team
Organizations that design their own apps, whether for internal usage or revenue generation, must ensure that their development teams follow secure development methods. This not only gives application users a better product, but it also gives your firm a better return on investment.
To do this, your company can provide frequent computer-based or instructor-led training on safe software development best practices to your development teams. Most developers don’t get security training unless it’s supplied by their company, so delivering it on a regular basis ensures that your development team is following a cohesive strategy and that significant vulnerabilities don’t slip through the cracks.
4. Perform application vulnerability testing
Your business may identify any present or prospective application vulnerabilities and respond proactively by undertaking application penetration testing and code review prior to purchasing or adopting new software. White-hat testers, or skilled IT security specialists, simulate a Cyberattack throughout this procedure. They examine the attack surface of a programme, look for vulnerable flaws, and try to get into your system. They next conduct secure source-code audits to find further flaws and decide whether or not suitable security measures are in place.
This strategy is widely regarded as the gold standard for application security. Penetration testing and source-code assessments are the finest solutions for a thorough inventory of Application protection vulnerabilities when security is of critical significance to a company’s future.
You may also be interested in: Trends of app protection for 2022
We must recognize that the growth of a business model might be carried out in such a way that all parts of the company have progressed in lockstep. We can’t assume that one area will drive a business evolution and the others will follow; instead, we believe that a collaborative strategy, with a focus on Application protection, will provide a far more robust and long-term result.
Working with security experts will help your company in a smooth digital transformation. Get in touch with Build38 to learn more about reducing compliance and brand risks.