Until recently, application security has been the domain of organizations with large teams and thousands of applications in their portfolio. Faced with tight budgets and few expert resources, smaller organizations have been forced to launch applications with limited or no security testing, hoping that an attack agent doesn’t pick their company as a target.
More than half of mid-size companies have no formal structure to assess security risk, according to Gartner Research, and the vast majority say they aren’t sure how to measure the impact a security attack would have on their business.
You can no longer afford to take that risk
Security is now a compliance mandate for companies that manage payments or otherwise handle sensitive customer data, regardless of their size. What’s more, companies selling into enterprise customers often face contractual security requirements in order to do business.
For a mid-size business without the established reputation and deep pockets of a large enterprise, a single breach could cause irreparable damage. If a hacker exploits security vulnerabilities to divert funds, change payment rules, extract sensitive customer data, or steal internal IP, you might never recover.