Application Security
1/31/2017
04:00 PM
Dark Reading
Dark Reading
Products and Releases
50%
50%

94 Percent of CISOs Concerned About Publicly Facing Asset Breaches in 2017

Today's AppSec teams facing resourcing issues that are making them vulnerable.

SAN FRANCISCO -- Jan. 31, 2017 -- A new study of one hundred CISOs revealed that 94 percent are concerned about breaches in their publicly facing assets in the next 12 months, particularly within their applications. The study, “CISO Investment Blueprint for 2017” by leading crowdsourced security provider Bugcrowd, reveals the top application security challenges that are making organizations most vulnerable, and what security leaders are doing about it.

Bugcrowd’s study highlights a key challenge facing organizations: as more applications become publicly accessible, more breaches are occurring at the application level. According to the study, IT organizations are strapped when it comes to security: 71 percent of respondents face resourcing or budgeting issues within their organizations. To keep up, security leaders are continuing to prioritize application security spending, focusing on the following key investment areas:

·  Applications hosted in the cloud: 59 percent

·  Public facing web applications: 57 percent

·  Mobile applications: 39 percent

·  APIs: 32 percent

Data breach incidents as a result of hacking have risen over 350 percent between 2007 to 2015, according to the Identity Theft Resource Center. To combat these challenges, CISOs are using, on average, 4.8 application security tools and services. According to the study, outside of crowdsourced programs the top three include penetration testing (80 percent), incident response processes (79 percent) and application vulnerability scanning (71 percent).

"Security methodologies within today’s IT departments aren’t cutting it,” said Jason Haddix, Head of Trust and Security, Bugcrowd. "Along with budgeting challenges, modern application security teams will continue to face security issues as long as investment areas continue to diversify. Reducing the risks associated with breaches begins with improving security culture throughout the organization, and finding a solution that scales within AppSec budgeting constraints. Unless you are a unicorn you can’t staff and retain the headcount needed for a proper security program. DAST and SAST solutions only get you part way. It’s time for a real force multiplier in security.”

Bugcrowd surveyed 100 security decision makers across 17 industries, between November and December 2016. Bugcrowd’s full study can be downloaded here https://pages.bugcrowd.com/2017-ciso-survey-report

Additional resources:

·  Learn more about Bugcrowd

·  Follow us on Twitter

·  Follow us on LinkedIn  

About Bugcrowd, Inc.

The pioneer and innovator in crowdsourced security testing for the enterprise, Bugcrowd harnesses the power of more than 45,000 security researchers to surface critical software vulnerabilities and level the playing field in cybersecurity. Bugcrowd also provides a range of responsible disclosure and managed service options that allow companies to commission a customized security testing program that fits their specific requirements. Bugcrowd’s proprietary vulnerability disclosure platform is deployed by Tesla Motors, The Western Union Company, Pinterest, Barracuda Networks and Jet.com. Based in San Francisco, Bugcrowd is backed by Blackbird Ventures, Costanoa Ventures, Industry Ventures, Paladin Capital Group, Rally Ventures and Salesforce Ventures. Bugcrowd is a trademark of Bugcrowd, Inc. Learn more at www.bugcrowd.com

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
Register for Dark Reading Newsletters
White Papers
Video
Cartoon
Current Issue
5 Security Technologies to Watch in 2017
Emerging tools and services promise to make a difference this year. Are they on your company's list?
Flash Poll
New Best Practices for Secure App Development
New Best Practices for Secure App Development
The transition from DevOps to SecDevOps is combining with the move toward cloud computing to create new challenges - and new opportunities - for the information security team. Download this report, to learn about the new best practices for secure application development.
Slideshows
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2013-7445
Published: 2015-10-15
The Direct Rendering Manager (DRM) subsystem in the Linux kernel through 4.x mishandles requests for Graphics Execution Manager (GEM) objects, which allows context-dependent attackers to cause a denial of service (memory consumption) via an application that processes graphics data, as demonstrated b...

CVE-2015-4948
Published: 2015-10-15
netstat in IBM AIX 5.3, 6.1, and 7.1 and VIOS 2.2.x, when a fibre channel adapter is used, allows local users to gain privileges via unspecified vectors.

CVE-2015-5660
Published: 2015-10-15
Cross-site request forgery (CSRF) vulnerability in eXtplorer before 2.1.8 allows remote attackers to hijack the authentication of arbitrary users for requests that execute PHP code.

CVE-2015-6003
Published: 2015-10-15
Directory traversal vulnerability in QNAP QTS before 4.1.4 build 0910 and 4.2.x before 4.2.0 RC2 build 0910, when AFP is enabled, allows remote attackers to read or write to arbitrary files by leveraging access to an OS X (1) user or (2) guest account.

CVE-2015-6333
Published: 2015-10-15
Cisco Application Policy Infrastructure Controller (APIC) 1.1j allows local users to gain privileges via vectors involving addition of an SSH key, aka Bug ID CSCuw46076.

Dark Reading Radio
Archived Dark Reading Radio
In past years, security researchers have discovered ways to hack cars, medical devices, automated teller machines, and many other targets. Dark Reading Executive Editor Kelly Jackson Higgins hosts researcher Samy Kamkar and Levi Gundert, vice president of threat intelligence at Recorded Future, to discuss some of 2016's most unusual and creative hacks by white hats, and what these new vulnerabilities might mean for the coming year.