Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Business

ALMOST HALF OF SECURITY PROFESSIONALS SEE CUSTOMER-FACING WEB APPLICATIONS AS BIGGEST SECURITY CHALLENGE, SURVEY SHOWS

ALMOST HALF OF SECURITY PROFESSIONALS SEE CUSTOMER-FACING WEB APPLICATIONS AS BIGGEST SECURITY CHALLENGE, SURVEY SHOWS

In addition, 41 Percent Believe Lack of Skilled Security Personnel or Training is Key Secondary Challenge

Synopsys, Inc. (Nasdaq: SNPS) today announced the results of a survey of 270 IT security professionals, which found that almost half (48 percent) viewed customer-facing web applications as the area presenting the most security risk to businesses. This is in contrast to 23 percent who identified mobile applications and 18 percent who suggested desktop applications presented the biggest risk. To view the full survey results, visit https://www.synopsys.com/blogs/software-security/cyber-security-threat-survey.

Andreas Kuehlmann, senior vice president and general manager at Synopsys, does not find this surprising, saying: “The level of customer information necessary to make web applications possible means these applications can be particularly vulnerable to attacks, so adding security into the software development lifecycle and supply chain is a critical requirement for businesses. The findings of the survey demonstrate that companies need to not only focus on building user-friendly web applications, but also ensure the most powerful tools and services are being used to detect and eliminate vulnerabilities in these applications.”

The most common security attacks on customer-facing web applications, from sales portals to instant messaging services, include SQL Injections, Cross-site Scripting (XSS), Remote Command Execution, and Path Traversal, which can all cause serious damages to businesses and users alike. Other main findings of the survey include:

  • 54 percent of those surveyed said that “protecting customer data” within these applications represents the top security concern
  • Aside from the technical challenges in securing customer-facing web applications, 41 percent of those surveyed felt that a lack of skilled security personnel or training was the biggest challenge, reflective of the cybersecurity skills gap across the globe
  • 84 percent of respondents indicated that they have a strategy in place in the event of a security incident.  Only 12 percent said they didn’t and 4 percent suggested they didn’t know, which is particularly reassuring as the increased frequency and severity of cyberattacks is expected to continue to rise.

Survey Methodology

Conducted 6-8 June in London at Infosecurity Europe 2017, Europe’s largest security-focused conference, the in-person survey is based on responses from attendees including IT professionals, managers, and executives.

Global Banking & Finance Review

 

Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!


By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review │ Banking │ Finance │ Technology. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post