Trying to convince SecOps teams they need more data is like trying to convince a drowning person they need more water. SecOps teams are so overwhelmed they can’t even respond to 67% of the alerts they receive. On average, SecOps teams receive 4,484 alerts per day and spend over three hours per day manually triaging the alerts, costing $3.3 billion annually in the US alone.
When it comes to applications and software, the key word is ‘more.’ Driven by the needs of a digital economy, businesses depend more and more on applications for everything from simplifying business operations to creating innovative new revenue opportunities. Cloud-native application development adds even more fuel to the fire. However, that word works both ways: Those applications are often more complex and use open-source code that contains more vulnerabilities than ever before.
Financial institutions, banks, accounting firms, credit unions, and hedge funds may struggle to stay compliant and protect themselves from cyberattacks’ rising frequency. While data security may be top of mind for financial organization teams, they can gain peace of mind and set themselves up for long-term growth by partnering with a managed cloud services provider.
If your company is not using managed network security services, then it's time to start. Here are the benefits of managed security for your business.
Creating a Software Bill of Materials (SBOM) is crucial to software supply chain security management. It helps fortify your software supply chain and reduces the likeliness of your software being exploited. But did you know there's a way to enhance your software's security further? Well, that's when API inventory comes into the picture. Including API inventory in your SBOM can make your software solution more resilient to cyberattacks.
