Almost 80% Fear Software Stack Breach

That is a big number and even if it is off by say 25% or 30%, that is still huge.

Cisco Systems surveyed over a thousand organizations across Australia, India, Japan, Germany, the UK and US. All companies had revenues in excess of $500 million, so you can’t say these are small shops without a mature software development environment.

Here is what they found.

92 percent admitted to making compromises in application security due to the urgency to innovate and respond to customer needs during the pandemic. Round that up to 100%, meaning everyone ADMITS they did that.

That probably is a good reason why we are seeing as many breaches as we are. These are the big companies with large budgets and mature IT. If that is what they are saying, what do you think the small shops are doing?

78 percent believe their business is vulnerable to multi-staged security attacks over the next 12 months that could affect their entire software “stack”.

89 percent said they have a bigger attack target on their back now compared to before the pandemic and 46 percent said this was causing them more problems.

The reason for the expanded attack surface includes increased use of Internet of Things, wider cloud adoption and a rapid “digital transformation”.

81 percent said they had insufficient software security skills and resources to deal with the problem.

Across the globe, 76 percent believed that a Dev-Sec-Ops approach is important to deal with the sophisticated attacks but only about half of them had actually started doing that. Credit: ZDNet

If you use software, if you buy software or if you develop software, you might consider what these large shops are saying. Basically, we are in trouble as we continue to deploy software that puts our companies at risk. If you need help with this, please contact us.

by