Research by Outpost24 found that companies are facing increasing pressure to release applications faster to meet demands.
The survey of 300 security leaders found that 34% of organisations admit to bypassing security checks to get products out to market faster, therefore putting customers at risk of attack.
Alarmingly, 64% of organisations believe that their customers could be impacted by data breaches as a result of unpatched vulnerabilities in their organisation’s products and applications.
Respondents were asked whether their organisation’s products and applications would “fare well” if a security penetration test was conducted, to which 17% said no and 12% said they were not sure.
Only 37% of organisations carry out security testing within its cloud environment continuously, with only 18% carrying out tests monthly, and 11% citing never.
Although 92% of respondents agree to the importance of carrying out security tests on its products and applications before being sent to market – 29% of organisations do not introduce security testing from the beginning of the development lifecycle.
Bob Egner, VP, Outpost 24, said:
“Our study shows that even despite continuous warnings, organizations today are still leaving their customers at risk because of a failure to address security vulnerabilities in products before they are introduced to market. If organizations are not addressing these security vulnerabilities, they are taking a huge gamble and abusing customer trust.”
He added: “Negligence towards security will eventually lead disastrous outcomes for technology and application vendors and their customers. There should be no excuses today, especially when security is such a big issue and so many breaches, which have happened up and down the technology stack, are well publicized.”
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