Nearly 84% of breaches occur in application software, making application security a critical business imperative. Enterprises understand that such data exploits erode stakeholder and shareholder trust, impacting brand reputation. This implicitly leads to loss of revenue as a result of decreased trust and regulatory penalties.
Applications are the weakest link of an enterprise’s security architecture. Despite layers of perimeter security, the applications are most susceptible to advanced, persistent threats leading to data breaches, placing the IT infrastructure at risk. Such vulnerabilities lead to significant setbacks for organizations across industries.