At Cywreck, we understand that cybersecurity isn’t just about technology – it’s about protecting your business. In today’s digital world, even minor vulnerabilities in infrastructure, DevOps practices, and code reviews can have a domino effect, leading to significant financial losses.
This newsletter explores the cost of cyberattacks stemming from these issues, providing insights on how to strengthen your defenses.
The Infrastructure Gap:
Cost of a Data Breach: According to IBM, the global average cost of a data breach in 2023 was a staggering $4.35 million (Cost of a Data Breach Report 2023).
The Infrastructure Factor: Outdated or poorly maintained infrastructure creates security gaps that attackers exploit. A Ponemon Institute report revealed that 63% of security breaches involved vulnerabilities in unpatched systems (Ponemon).
DevOps Security Concerns:
The Speed vs. Security Conundrum: The pressure for rapid deployments in DevOps environments can lead to security being overlooked. A study by Veracode found that 84% of organizations have experienced a security incident due to a vulnerability in a custom application (Addressing the Threat of Security Debt).
The Cost of Insecure Applications: These vulnerabilities translate into financial losses. Positive Technologies estimates that insecure software costs businesses an average of $1.3 trillion globally each year (Positive Technologies).
The Code Review Conundrum:
Human Error’s High Price Tag: According to Experian, human error is a factor in over 90% of data breaches (5 Shocking Data Breach Statistics and Why Your Company Needs Protection Now). Inadequate code reviews can leave vulnerabilities undetected.
The Cost of Code Defects: A study by CAST Software found that poor code quality can cost businesses an average of $140,000 per application per year (Cast Software). These defects can be exploited by attackers, leading to financial losses.
Building a Robust Defense:
Here’s how Cywreck can help you mitigate these risks:
- Vulnerability Assessments & Penetration Testing: Identify and address weaknesses in your infrastructure before attackers do.
- DevSecOps Integration: Weave security into your DevOps pipeline for secure and rapid deployments.
- Secure Code Reviews: Our experts identify and remediate vulnerabilities in your code, reducing the attack surface.
By investing in a comprehensive cybersecurity strategy, you can prevent costly cyberattacks and protect your bottom line.
Don’t let vulnerabilities in your infrastructure, DevOps practices, or code reviews become a financial burden.
Our Wreckbot AI solves just these issues and more!
Stay tuned for our next blog post where we’ll delve deeper into specific security solutions!