Financial Services Study Shows Why Investing in AppSec Matters - ERP Spain.com - España y América Latina

If you’re a provider of financial services, then client trust, privacy, and risk management are critical to your success. Therefore, you must protect your organization’s sensitive data from cyber attacks and data breaches. A recent survey of current software security practices in the financial services industry explores the industry’s software security posture and its ability to address security-related issues. In this webinar with Drew Kilbourne, managing director, Synopsys and Larry Ponemon, chairman, Ponemon Institute, will review findings from the report and discuss what they mean for the industry at large. Here’s a preview of some key findings: - 56% of organizations had experienced an attack resulting in system failure and downtime. - 74% were concerned about security vulnerabilities introduced by third-party suppliers, but less than 43% said they require third parties to adhere to cyber security requirements. - Only 34% of financial applications are tested for vulnerabilities, and only 25% of respondents were confident in their ability to detect vulnerabilities before going to market.