How do you plan to manage application risk?Application security risk is inherent in every organization that relies on software to run its business. Today’s applications control access to Personally Identifiable Information (PII), Personal Health Information (PHI) and financial data transactions, and have become the enterprise’s "new perimeter." With challenging economic times and a tightening risk and compliance environment, businesses are required to do more with less and need a better approach to secure their software and protect their business with existing budgets. An application security policy is a critical component of an organization’s overall information management architecture, and ultimately plays an integral role in business continuity strategies. It is critical to have a top-down approach based on a well-stated framework in order to develop effective, enforceable policies. Unfortunately, that is not where most organizations are today – instead most are still communicating in silos and using ad hoc testing for application security control. This approach results in an inconsistent application security program, leaving companies at risk for failed audits and halted business operations due to a breach.
With 75% of new attacks (CERT) and 80% of SANs Top 25 attacks targeting applications, it is not surprising that application security has risen to the top of the executive agenda. As an executive, you are concerned about technology risk management and you recognize that application risk management has to form a key part of your efforts. The steps below represent the four pillars of Veracode’s application risk management solution.
Whether you source your business apps from internal development teams, open source, leveraging COTS or working with outsourcers, your exposure to security risks and vulnerabilities puts your customers and your bottom line at risk. The security of your brand and your customer data will determine whether your applications are your greatest assets or potential liabilities.Veracode empowers organizations to transform application disorder into a standardized best practices framework for application risk management. Veracode's portal normalizes the view of critical applications and provides a reliable, cost-effective and centralized view of application security risk. Using a simple framework:
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