Most companies not putting adequate investment into application security

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BetaNews - https://betanews.com/2018/05/09/app-security-investment/

According to a new survey from Arxan, only 25 percent of respondents say their organization is making a significant investment in solutions to prevent application attacks. This is despite awareness of the negative impact of malicious activity. A worrying 65 percent of companies say they would be spurred to increase application protection measures only after an end user or customer was negatively affected. “It’s disturbing that so many companies acknowledge the increasing risk of application attacks, yet they are doing very little to prevent breaches from occurring,” says Joe Sander, CEO of Arxan. “It’s backward thinking, and it puts customers…

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