SANTA CLARA, Calif. -- Cenzic Inc., the innovative leader of application vulnerability assessment and risk management solutions, today released their Application Security Trends Report for Q3, 2007. The report highlights the alarming trend among thousands of corporations and government agencies - the majority of them have yet to initiate any action in protecting their Web applications, as application vulnerabilities continue to run rampant.
The report is a thorough analysis of reported vulnerabilities, Web application probes, attack statistics and key findings, and emphasizes the top 10 vulnerabilities from published reports in Q3 2007. Based on trends, published data, data from its managed services business unit, and various other sources, Cenzic believes that of the estimated 100 to 150 million Web applications, approximately 90 percent are still likely vulnerable.
"With each quarter, new application vulnerabilities are building up and organizations are falling behind in protecting their Web applications," said Mandeep Khera, VP of marketing for Cenzic. "We continue to be surprised by the inaction or insufficient action of thousands of corporations and government agencies toward securing their Web applications. We are not talking about being 100% secure at the application layer. We are simply talking about initiating some action, making it at least somewhat difficult for the cybercriminals to gain access."
Khera further stated, "The holiday season is around the corner and security should be a major concern for consumers and they should definitely take precautions with online holiday shopping."