Companies make significant investments to develop high-performance Web applications so customers can do business whenever and wherever they choose. While convenient, this 24-7 access also invites criminal hackers who seek a potential windfall by exploiting those very same highly available corporate applications.
The only way to succeed against Web application attacks is to build secure and sustainable applications from the start. Yet, many businesses find they have more Web applications and vulnerabilities than security professionals to test and remedy them – especially when application vulnerability testing doesn’t occur until after an application has been sent to production. This leads to applications being very susceptible to attack and increases the unacceptable risk of applications failing regulatory audits. In fact, many forget that compliance mandates like Sarbanes-Oxley, the Health Insurance Portability and Accountability Act, Gramm-Leach-Bliley, and European Union privacy regulations, all require demonstrable, verifiable security, especially where most of today’s risk exists – at the Web application level.
In an attempt to mitigate these risks, companies use firewalls and intrusion detection/prevention technologies to try to protect both their networks and applications. But these web application security measures are not enough. Web applications introduce vulnerabilities, which can’t be blocked by firewalls, by allowing access to an organization’s systems and information. Perhaps that’s why experts estimate that a majority of security breaches today are targeted at Web applications.
One way to achieve sustainable web application security is to incorporate application vulnerability testing into each phase of an application’s lifecycle – from development to quality assurance to deployment – and continually during operation. Since all Web applications need to meet functional and performance standards to be of business value, it makes good sense to incorporate web application security and application vulnerability testing as part of existing function and performance testing. And unless you do this – test for security at every phase of each application’s lifecycle – your data probably is more vulnerable than you realize.
Neglecting Application Vulnerability Testing: Risks and Costs of Poor Security
Consider supermarket chain Hannaford Bros., which reportedly now is spending billions to bolster its IT and web application security – after attackers managed to steal up to 4.2 million credit and debit card numbers from its network. Or, the three hackers recently indicted for stealing thousands of credit card numbers by inserting packet sniffers on the corporate network of a major restaurant chain.
The potential costs of these and related Web application attacks add up quickly. When you consider the expense of the forensic analysis of compromised systems, increased call center activity from upset customers, legal fees and regulatory fines, data breach disclosure notices sent to affected customers, as well as other business and customer losses, it’s no surprise that news reports often detail incidents costing anywhere from $20 million to $4.5 billion. The research firm Forrester estimates that the cost of a security breach ranges from about $90 to $305 per compromised record.