GRC Viewpoint

The Budget for Application Security to Increase in 2023

In 2023, there will be more funds allocated toward application security. 

About three-quarters of firms aim to boost spending in application security in 2023, according to a study of 500 DevSecOps experts in the U.S. 

Because many developers believe cybersecurity teams are protecting the environments where apps are deployed, application security has long been a concern. 

READ MORE: Cloud Cyber Attacks to Increase in 2023?

Most of the platforms and solutions are concentrated on security operations work that primarily focuses on protecting infrastructure rather than applications. 

The survey also revealed that 97% of DevSecOps teams admitted to ignoring an actual vulnerability at least once a month because they believed it was a false positive.

An abundance of applications are readily available and connected to the cloud. Unfortunately, this accessibility makes them easily susceptible to cyber vulnerabilities. 

READ MORE: 123CS: Enabling Healthcare Cyber Security at All Levels

Security must be ensured both within the applications and at the network level.

There is a growing opportunity for AppSec to integrate security into automated development workflows, especially in 2023 and the immediate years.

Application security is battling to keep up with a DevOps-driven environment. Commercial companies offer static application security testing (SAST) tools, and they are relatively user-friendly. 

Any rectifying and enhancement approach toward application security should be continuous. 

Modern AppSec teams require technologies that can assist them in constructing the appropriate level of security. Unfortunately, this approach involves the allotment of more funds.

Related Articles

Latest Articles