Cybersecurity incidents continue to keep pace with technological advancements, and the more sophisticated and insidious criminals become, the more these breaches and hacks cost companies. Recent data from IBM’s Cost of a Data Breach Report indicates that the average attack cost in 2024 hit $4.8 million, a devastating outcome for many businesses.
The increase in successful and costly attacks has led IT security experts to take a fresh look at attack vectors and applications, which are an increasing concern. Integrating app security into cyber defense is a critical priority, as applications are the backbone of business operations. Understanding the risks and overcoming the barriers to effective threat mitigation is critical to your company not becoming another data breach statistic.
Why Businesses Have Weak Application Security
Before you can integrate app security into cyber defense strategies, it’s helpful to understand why this is such a weak point for so many companies. Many business owners and leaders don’t understand the risks of using apps. Many assume that they are secure because the tools come from trusted third parties, but that’s far from the reality.
Not recognizing that hackers often use applications as the entry point for launching an attack is only the beginning of the problem. Many businesses assume that they lack the resources to close the security gaps. However, taking steps during applications’ development, deployment, and maintenance to secure them and address the most common threats is fully achievable with a collaborative approach.
Including Applications in Your Security Framework
Keeping your company safe from application-based cyber attacks requires working to integrate app security into cyber defense strategies.
This begins with developing a security-first mindset among leadership. Senior management must understand that protecting applications is critical to reducing risk to the organization and be willing to collaborate with security teams to address those risks. Effective security doesn’t occur in siloes, so all levels of your company need to work together and share information and efforts to close the gaps.
Ongoing education and skill development are also essential to an effective security posture. Fostering a workforce with the skills to identify and address risks can go a long way toward protecting your applications.
Technological Solutions to Application Risks
From a more practical standpoint, integrating application protection also requires understanding the threats and incorporating a variety of technological solutions to thwart them, including:
- Robust application security protocols, including secure coding practices, firewalls, and ongoing vulnerability assessments.
- Data protection tools that maintain encryption standards for data at rest and in transit, data movement monitoring, and backup solutions.
- A zero-trust architecture that includes strict identity management and access control standards.
- Risk management, including ongoing threat assessments, compliance monitoring, and response planning.
- Ongoing vulnerability detection
Integrating app security into cyber defense can help mitigate threats that can devastate your business. Understand that apps often operate in insecure cloud or mobile environments, and take precautions at every stage to create a strong foundation for application security and an overall stronger security posture.